Title:
Incubators as tool for entrepreneurship promotion in developing countries

dc.contributor.author Akçomak, Semih
dc.contributor.corporatename UNU-MERIT
dc.contributor.corporatename Universiteit Maastricht
dc.contributor.corporatename Netherlands. Centraal Planbureau
dc.date.accessioned 2011-01-20T17:47:16Z
dc.date.available 2011-01-20T17:47:16Z
dc.date.issued 2009-10-08
dc.description Parallel session 6. Innovation policy tools
dc.description Presented at GLOBELICS 2009, 7th International Conference, 6-8 October, Dakar, Senegal. en_US
dc.description.abstract This paper reviews the literature on incubators in developed and developing countries. We show that the concept of incubators has evolved in time according to market and firm needs. Contemporary successful incubators are profit oriented; provide a wide range of services; focus more on intangible business services; and employ qualified managers and support staff. By drawing lessons from country experiences we assess the appropriateness of incubators as a tool for entrepreneurship promotion in developing countries. The main weaknesses of incubators in developing countries are: (i) focus on tangible services rather than intangible services, (ii) dependence on government, (iii) lack of management and qualified personnel, (iv) lack of incubator planning and creativeness in solving problems. Most successful incubators display a creative and innovative character in approaching problems of tenant companies. This is of course correlated with the quality of the incubator management staff. Moreover, incubators reflect the institutional set up, creativity, and policy innovativeness in a society. Therefore policy on incubators should be well-integrated with other policies for entrepreneurship promotion and economic development, such as education and institutional deregulation. Incubators encourage firms to become innovative and competitive. Such a mission can be pursued only if incubators themselves become competitive, business oriented and innovative. en_US
dc.identifier.uri http://hdl.handle.net/1853/36626
dc.language.iso en_US en_US
dc.publisher Georgia Institute of Technology en_US
dc.relation.ispartofseries GLOBELICS09. Session 6 en_US
dc.subject Incubators en_US
dc.subject Developing countries en_US
dc.subject Technology en_US
dc.title Incubators as tool for entrepreneurship promotion in developing countries en_US
dc.type Text
dc.type.genre Proceedings
dspace.entity.type Publication
local.contributor.corporatename School of Public Policy
local.contributor.corporatename Ivan Allen College of Liberal Arts
local.relation.ispartofseries Globelics Conference
relation.isOrgUnitOfPublication a3789037-aec2-41bb-9888-1a95104b7f8c
relation.isOrgUnitOfPublication b1049ff1-5166-442c-9e14-ad804b064e38
relation.isSeriesOfPublication 9bcdf48e-4586-4550-b033-2063df2fe342
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