Recent years have seen the emergence of a new incubator model, the "networked incubator", which is a hybrid form of the archetypal business incubators, based on territorial synergy, relational symbiosis and economices of scale, to the benefit of the participating 'incubatees'. The question addressed in this paper is why this new model has emerged and what distinguishes it from the more traditional incubator model. The theoretical basis of the research is social capital theory. Empirically, the paper is based on 6 months' ethnographic data collected in one of the first known networked incubators. The closing section of the paper addresses the implications for research and practitioners.
Proceedings of the Lok Research Conference (vol 1), 2003
Business Incubator; Social capital; Observation studies; Networked incubator
Main Research Area:
The LOK Research Conference, Middelfart, Denmark, 2003