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This pioneering work explores both the theory and practice of
business and technology incubation and acceleration over the past
six decades as an approach to new venture creation and development.
With a global scope, the Handbook examines incubation concepts,
models, and mechanisms, providing a research-based analytical
foundation from which to understand the emerging role of modern
incubators, accelerators, science parks, and related support tools
in building modern entrepreneurship ecosystems for promoting
targeted economic development. Featuring contributions from
internationally renowned scholars and practitioners, the Handbook
covers four major themes: understanding incubation and
acceleration; incubation mechanisms and entrepreneurship ecosystem
development; national and regional incubation policy studies; and
incubation practice and assessment. Chapters investigate the
expanding importance of newer models and novel modes of new venture
support such as smart launching through focused training,
mentoring, and financing. This Handbook will help to equip policy
makers, facility and program managers, investors, and entrepreneurs
with the knowledge to handle support for future business and
technology ventures more confidently and effectively. It also
provides a deeper understanding of the incubation approach for
researchers and scholars of entrepreneurship, innovation, and
economic development.
Entrepreneurship is undoubtedly a social process and creating a
firm requires both the mobilisation of social networks and the use
of social capital. This book addresses the gap that exists between
the need to take these factors into consideration and the
understanding of how network relationships are developed and
transformed across the venturing process. Expert contributions from
key scholars in the field illustrate how social networks evolve
across entrepreneurial stages, using studies from different regions
across the world. Offering a comprehensive understanding, they
emphasize the role of formal networks created inside professions
and firms. Also examined is the impact of context including both
family and internationally variable institutions that can help
entrepreneurs to access resources and competencies useful for their
projects. The book concludes by emphasizing the various research
challenges: which theories are useful for our endeavors and which
new methods can be used to understand the dynamics of the venturing
process? Dynamic and eminently practical, this book will be
invaluable to scholars and students studying the entrepreneurial
process and the impact of social networks. It will also prove a
useful tool in aiding entrepreneurs to optimize the development of
their networks and better manage their entrepreneurial processes.
Contributors include: L. Aaboen, M.A. Abebe, A.R. Anderson, M.
Brettel, D. Chabaud, H. Chebbi, M. de Beer, S. Drakopoulou Dodd, A.
Fayolle, R.T. Harrison, F.M. Hill, S.L. Jack, W. Jansen, W. Lamine,
H. Lawton-Smith, C. Lechner, C.M. Leitch, C. Leyronas, F. Lind, S.
Loup, A.B.R. Lwango, R. Mauer, S. Mian, G. Mollenhorst, J. Ngijol,
S. Qureshi, T. Redd, V. Schutjens, M. Virahsawmy, S. Wu
Technology Entrepreneurship and Business Incubation analyzes
business incubators worldwide through a series of empirical and
theoretical papers. The authors examine the extent to which
business incubators are influential in situations such as nurturing
young technology firms, increasing success of new firms, and in
developing an ecosystem around these successes. Also examined is
the relationship between business incubators and their resource
providers, including venture capitalist firms and government
agencies.Edited by Phillip Phan (Johns Hopkins Carey Business
School), Sarfraz Mian (State University of New York at Oswego), and
Wadid Lamine (Toulouse Business School), all leading figures in the
field, this book provides both a theoretical framework to
conceptualise ideas and a practical guide to influence best
practices and innovation in business incubators.
Today, far-reaching technological developments are making a deep
impact on societies and economic environments worldwide. New
digital platforms infrastructure (fintech, data analytics,
mobility, mobile business apps, nanotech, robotics, new space
economy, artificial intelligence, virtual reality,
cryptocurrencies, the internet of things, cloud computing and
blockchain) are drawing us inexorably into a new globalized digital
economy based on knowledge and mobility. In this context of
fast-paced change, new creative industries, still in a state of
flux, have arisen, while others have disappeared, at least in their
traditional form. Moreover, the intermixing of these new
technologies has led to a redrawing of boundaries and an increase
in their porosity thanks to the links that have developed between
the new and the traditional industries. This extends the limits of
entrepreneurship out towards new industries but also towards
industries with high barriers to entry due to regulatory,
technological or structural factors such as space, finance,
aeronautics, IT hardware and health industries. For a growing
number of people, these new technologies, considered as "external
enablers", lead to a democratization of entrepreneurship and a
lowering of the barriers to starting up a company by reducing (or
eliminating) the difficulties inherent in the entrepreneurial
phenomenon in its "classical" configuration, such as high resource
intensity, uncertainty, limited time or information asymmetry. This
new context, by offering new spaces for the creation,
identification and exploitation of business opportunities, clearly
extends the range of possibilities for a discipline such as
entrepreneurship. In addition, digitalization has helped to break
down the boundaries between the different phases of the
entrepreneurial process. Few studies in the discipline, however,
have examined the impact of these technological disruptions not
only using the existing paradigms, but also by re-examining our
very conception of the entrepreneurial phenomenon in terms of its
evolving nature and shifting contours. The aim of this handbook is
that can be used both by academics aiming to familiarize themselves
with the state of research and theory within topics and subtopics
in digital entrepreneurship, as well as practicing entrepreneurs
and managers aiming to familiarize themselves with leading edge
practices and insights in digital entrepreneurship.
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