Straub O, Bican P, Brem A (2020)
Publication Language: English
Publication Type: Book chapter / Article in edited volumes
Publication year: 2020
Publisher: Edward Elgar Publishing
Edited Volumes: Research Handbook on Start-Up Incubation Ecosystems
City/Town: Cheltenham, United Kingdom
ISBN: 978 1 78897 352 6
Prior literature analysed why incubators exist and how to differentiate the various incubator types. However, measures that lead incubators to run as independent, self-sufficient incubation ecosystems (i.e. without the dependence on subsidies) remain largely absent. Based on a survey with 71 incubators, our results implied differences between the two groups in regard to their business models, with indications of significant differences in the customer value proposition, the profit formula, as well as the key resources and processes provided. The findings support previous claims regarding the need for a profit driven nature, regardless of business profit orientation, as well as generating diverse income streams to cover operational costs. Moreover, new insights on key elements of incubators’ business models within start-up incubation ecosystems are presented. With this chapter, practitioners as well as researchers will gain a further understanding of the success factors of self-sufficient incubators that contribute to functioning incubation ecosystems.
APA:
Straub, O., Bican, P., & Brem, A. (2020). Distinguishing Self-Sufficient Business Incubators in Start-up Incubation Ecosystems. In A. Novotny, E. Rasmussen, T. H. Clausen, & J. Wiklund (Eds.), Research Handbook on Start-Up Incubation Ecosystems. Cheltenham, United Kingdom: Edward Elgar Publishing.
MLA:
Straub, Oliver, Peter Bican, and Alexander Brem. "Distinguishing Self-Sufficient Business Incubators in Start-up Incubation Ecosystems." Research Handbook on Start-Up Incubation Ecosystems. Ed. A. Novotny, E. Rasmussen, T. H. Clausen, & J. Wiklund, Cheltenham, United Kingdom: Edward Elgar Publishing, 2020.
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