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The changing activities of business incubation clients: an Irish case study

    • University of Limerick

    Research output: Contribution to journal › Article › peer-review

    7 Citations (Scopus)

    Abstract

    Purpose: This paper presents a conceptual framework based on a literature review and the findings from an empirical study using data collected from entrepreneurs (business incubatees) over a 15-year period (2004–2019). This paper aim is to discuss and propose areas to consider when (re)designing business incubation. Design/methodology/approach: The data set is based on the experiences of five different cohorts (n = 100), each of which spent 18–24 months participating in a start-up programme sponsored by a business incubation centre (BIC) located in Ireland. To add further depth and nuance to this paper’s findings, an expert focus group was undertaken. Findings: The findings highlight the importance of different activities and skills in a BIC over time and recommend the inclusion of a number of activities in a BIC framework. The activities include continued professional development (CPD), action research, participation in a simulation, development of emotional intelligence, leadership skills and mindset and critical reflection. Practical implications: This paper presents an appropriate conceptual framework for the (re)design of business incubation. The framework facilitates an improved understanding of the evolution of entrepreneurial activities and outcomes associated with engagement with a BIC. Originality/value: BIC 4.0, as described in this paper, proposes success as multi-faceted and including space, facilities, networks, mentors, professional development, reflective practice, emotional development and engagement with continuous professional development.

    Original languageEnglish
    Pages (from-to)612-625
    Number of pages14
    JournalJournal of Science and Technology Policy Management
    Volume14
    Issue number3
    DOIs
    Publication statusPublished - 13 Apr 2023

    UN SDGs

    This output contributes to the following UN Sustainable Development Goals (SDGs)

    1. SDG 9 - Industry, Innovation, and Infrastructure
      SDG 9 Industry, Innovation, and Infrastructure

    Keywords

    • Business incubation
    • Ecosystem
    • Entrepreneurial activities
    • Ireland
    • Longitudinal

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