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Needs of business incubators: Has the specific situation of a business incubator a significant impact on it practice?
University West, Department of Economics and IT, Division of Business Administration.
University West, Department of Economics and IT, Division of Business Administration.
2015 (English)Independent thesis Advanced level (degree of Master (One Year)), 10 credits / 15 HE creditsStudent thesis
Abstract [en]

This thesis is about business incubators and focused on factors which are necessary to be considered to function properly as a business incubator. Furthermore, the focus of this thesis was to identify which practical challenges they face related to these factors and the differences between them. The problem area of our research relates to whether the specific situation of an incubator can affects its business model. The purpose of this research was to gain more insights on the needs of business incubators. Specifically, this was attempted by seeking relations between the different identified factors and their related problems. In order to achieve this, research has been conducted inductively. The empirical study was conducted through in-depth semi-structured interviews. These types of interviews provide the research detailed information and, at the same time, have a proper focus on relevant topics. This was necessary to identify valuable relationships and patterns. The interviews were conducted in Brazil, Sweden and the UK with five incubator managers and one business coach.(two research participants in each country). Next, the literature study was conducted focused on the relevant topics derived from the empirical research. As a research strategy , a multiple case study was chosen because the strength of a case study strategy lies in the fact that it can focus on the uniqueness of the case and develop a deeper understanding of its complexity. This fits our research since it was important to have a deep understanding of the specific situation of the business incubators to understand their needs and, therefore, the multiple case study strategy seemed to be in alignment with our research and appropriate to use. Based on the empirical research and the literature study factors were identified that are influencing an incubator's success. The factors were chosen to be divided into internal factor and external factors. The external factors have a stronger relation with the external environment of the incubator and are; (1) external funding, (2) networking & partnerships, (3) clear plan, and (4) location. The internal factors apply to the internal management of the incubator and relate more the incubatees and are as following; (1) selection incubatees, (2) internal management and (3) integration incubatees. The interpretation of these factors can differ per incubator. Our research identified the following elements which can influences this interpretation;

government, development agencies, private companies, universities (external funding), national/international cooperation, private businesses, development agencies, other incubators, government (networking & partnerships), types of incubatees, types of services for incubatees, needs local of area (clear plan), high density population, high skill workforce, high number of SMEs, recognition of entrepreneurs, sources of technology and funding for incubatees (location), entrepreneur or idea focused, strict/flexible selection (selection incubatees), level of interaction with incubatees, on-site management (internal management), design of incubator, balanced mixing incubatees (integrating incubatees).These are the elements related to each factors which according to our findings can influence the business incubator model depending on their specific situation. Furthermore, our findings indicate that the view of the incubator itself on its role in the incubation process significantly can influence the business incubator model. Finally, one of our most important findings indicate it is highly beneficial for incubator to become self-funded. Therefore, this needs to be looked upon as a separate process and be incorporated in the business incubator model as well.

Place, publisher, year, edition, pages
2015. , 53 p.
Keyword [en]
Business incubator model, context-bounded effects, problems and challenges, success factors, differences
National Category
Business Administration
Identifiers
URN: urn:nbn:se:hv:diva-7308Local ID: EXD951OAI: oai:DiVA.org:hv-7308DiVA: diva2:785453
Subject / course
Business administration
Educational program
International Business
Supervisors
Examiners
Available from: 2015-02-04 Created: 2015-02-03 Last updated: 2015-02-04Bibliographically approved

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