Localised strategies for supporting incubation: Strategies arising from a case of rural enterprise development

Andrew Atherton, Paul D. Hannon

    Research output: Contribution to journalArticlepeer-review

    24 Citations (Scopus)

    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 languageEnglish
    Pages (from-to)48-61
    Number of pages14
    JournalJournal of Small Business and Enterprise Development
    Volume13
    Issue number1
    DOIs
    Publication statusPublished - 6 Mar 2006

    Keywords

    • Business formation
    • England
    • Rural areas

    ASJC Scopus subject areas

    • Business, Management and Accounting (miscellaneous)
    • Strategy and Management

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