T1 - The evolution of Business incubators Finally, we discuss the wider implications this raises for BIs managers, prospective tenants and policy makers.",
BUSINESS INCUBATOR UPDATE
These results imply that older generation BIs should update their service portfolio while simultaneously imposing stricter selection criteria and introducing exit policies. We suggest this is a consequence of slack selection criteria and the absence of clearly defined exit policies. Our findings show that whilst BIs of all generations offer similar support services, tenants in older generation BIs make less use of the BIs service portfolio.
We present data collected within seven BIs and their tenants regarding service provision and selection criteria. Whilst it is accepted that incubation models have evolved, little is known about whether existing incubators have adjusted their value proposition to incorporate recent incubation paradigms or have simply remained operating as originally founded. Finally, we discuss the wider implications this raises for BIs managers, prospective tenants and policy makers.Ībstract = "Business incubators (BIs) have been established around the world to stimulate new business creation. Business incubators (BIs) have been established around the world to stimulate new business creation.
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