Venture creation and award-winning technology through co-produced incubation
Published on Feb 15, 2016in Journal of Small Business and Enterprise Development
· DOI :10.1108/JSBED-09-2014-0156
Purpose – Corporate incubation is a type of business incubation designed to assist small firms to develop using know-how available in large companies. The purpose of this paper is to explicate how incubation services can be co-produced and describe the contributions and conditions influencing learning and firm development. Design/methodology/approach – The study used a longitudinal single-case method to analyze a small firm’s development process during four years of incubation. The authors recorded and analyzed interviews with the incubator manager and the entrepreneur, and with incubator staff and external stakeholders. Findings – The incubator provided knowledge- and network-based services. These services emphasized the need for the entrepreneurs to be both proactive and receptive to counseling. Although the incubator and the entrepreneurs made progress in developing the company, a dispute over ownership shares threatened to break down the incubation process. Research limitations/implications – Taking e...