Abstract
Purpose - To generate and test a coherent framework of incubation strategies and interventions that can be deployed to encourage enterprise development through new venture creation in local economies. Design/methodology/approach - Postal questionnaire to new ventures, combined with ongoing engagement of and consultation with incubation practitioners and local economic development professionals. Findings - Seven generic incubation strategies were identified and developed. Four focus on a premises-driven approach to incubation, and three on a more process-based approach. All seven strategies represent opportunities for tailored and hence targeted approaches to the development of incubators and incubation services. Research limitations/implications - The study focused on one rural county in England. There is a need to test the strategies in other contexts, to determine their wider relevance. Practical implications - The seven incubation strategies can be used to develop tailored approaches to incubation, within a comprehensive framework of incubation "options". The authors suggest that a combination of approaches is developed as the basis for effective local incubation practice. Originality/value - The paper provides a framework for developing incubation strategies that offers coherence and the opportunity for "bottom-up" yet integrated approaches.
Original language | English |
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Pages (from-to) | 48-61 |
Number of pages | 14 |
Journal | Journal of Small Business and Enterprise Development |
Volume | 13 |
Issue number | 1 |
DOIs | |
Publication status | Published - 6 Mar 2006 |
Keywords
- Business formation
- England
- Rural areas
ASJC Scopus subject areas
- Business, Management and Accounting (miscellaneous)
- Strategy and Management