Categories of incubator success: a case study of three New York incubator programmes. Issue 1 (5th January 2015)

• Record Type: Journal Article
• Authors: Al-Mubaraki, Hanadi Mubarak; Muhammad, Ali Husain; Busler, Michael
• Is Part Of: World journal of science, technology and sustainable development. Volume 12:Issue 1(2015)
• Page Start: 2
• Page End: 12
• Publication Date: 2015-01-05
• Subjects: Economic development -- Entrepreneurship -- Incubators -- Technology commercialization -- New York -- Business growth; Sustainable development -- Periodicals; Appropriate technology -- Periodicals; Technology transfer -- Periodicals; Globalization -- Periodicals; 338.92705
• DOI: 10.1108/WJSTSD-06-2014-0006
• Languages: English
• ISSNs: 2042-5945

Abstract

Abstract : Purpose: – The purpose of this paper is to investigate and identify three categories of incubators in the USA located in New York (NY). The incubator categories are: technology commercialisation; economic development; and entrepreneurship. Design/methodology/approach: – The study uses a qualitative approach based on interviews concerning three incubator programmes selected for their successful outcomes. Findings: – The research findings suggest four priorities for incubators: to be dynamic models of self-sustainable, efficient business development; to provide helpful tools for generating jobs; to foster and support enterprise and innovation to create the best environment for the start-up and smart growth of businesses; and to support value-added businesses through various means, such as developing the region's science parks and R&D centres, improving collaboration between universities, and supporting business investment and growth. Originality/value: – The research adds value to academicians and practitioners such as government, funded organisations, institutions and policy makers.