TY - JOUR
T1 - Is the impact of incubator’s ability on incubation performance contingent on technologies and life cycle stages of startups?
T2 - evidence from Japan
AU - Fukugawa, Nobuya
N1 - Funding Information:
This research was funded by the Japan Society for the Promotion of Science [15K03411], the Murata Science Foundation, and the Nomura Foundation.
Funding Information:
Acknowledgments This research was funded by the Japan Society [15K03411], the Murata Science Foundation, and the Nomura Foundation.
Publisher Copyright:
© 2017, Springer Science+Business Media, LLC.
PY - 2018/6/1
Y1 - 2018/6/1
N2 - Supporting entrepreneurship has become an important policy target in Japan since 1990s and many incubators have been established as a part of regional innovation policy. Incubation strategy conducive to the improvement in incubation performance can be contingent on external factors, which makes it necessary to incorporate moderators, such as technology and growth phase, into the evaluation of incubators. This study examines how incubator’s ability affects incubation performance under different environments. Estimation results of a technology transfer function reveal that human resources (diversity of incubation managers’ professional experiences), physical resources (geographical proximity to universities), and organizational resources (alliance with universities) have different impacts on the creation and growth of startups according to technological fields (e.g., electronics and biotechnology) and life cycle stages (i.e., the nascent and early growth stage) of startups. Furthermore, the impact of selection strategy on incubation performance also varies according to technological fields and life cycle stages of startups. Policy implications of the key findings are discussed.
AB - Supporting entrepreneurship has become an important policy target in Japan since 1990s and many incubators have been established as a part of regional innovation policy. Incubation strategy conducive to the improvement in incubation performance can be contingent on external factors, which makes it necessary to incorporate moderators, such as technology and growth phase, into the evaluation of incubators. This study examines how incubator’s ability affects incubation performance under different environments. Estimation results of a technology transfer function reveal that human resources (diversity of incubation managers’ professional experiences), physical resources (geographical proximity to universities), and organizational resources (alliance with universities) have different impacts on the creation and growth of startups according to technological fields (e.g., electronics and biotechnology) and life cycle stages (i.e., the nascent and early growth stage) of startups. Furthermore, the impact of selection strategy on incubation performance also varies according to technological fields and life cycle stages of startups. Policy implications of the key findings are discussed.
KW - Business incubators
KW - Entrepreneurship
KW - Firm growth
KW - Incubation managers
KW - Incubation strategy
KW - Innovation intermediaries
KW - Japan
KW - Knowledge-based economies
KW - New firm creation
KW - Regional innovation policy
KW - Sectoral innovation systems
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U2 - 10.1007/s11365-017-0468-1
DO - 10.1007/s11365-017-0468-1
M3 - Article
AN - SCOPUS:85026899078
VL - 14
SP - 457
EP - 478
JO - International Entrepreneurship and Management Journal
JF - International Entrepreneurship and Management Journal
SN - 1554-7191
IS - 2
ER -