Managing the incubator system: Critical success factors to accelerate new company development
- 1 August 1987
- journal article
- Published by Institute of Electrical and Electronics Engineers (IEEE) in IEEE Transactions on Engineering Management
- Vol. EM-34 (3) , 146-155
- https://doi.org/10.1109/tem.1987.6498875
Abstract
The new business incubator is an innovative system that provides a variety of support systems to entrepreneurs to accelerate new company development, speed the commercialization of technology, and contribute to economic growth. This article presents empirical data on the incubator as a system for entrepreneurship and describes its resources, organizational structure, and objectives. It details ten factors related to managing this system effectively. The factors emerged from data collected through a national survey, on-site review, case study analysis, and interviews with incubator directors and managers.Keywords
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