Small Business Incubators: A Positive Environment for Entrepreneurship

作者: Syedur Rahman , David N. Allen

DOI:

关键词: Diversification (marketing strategy)MarketingEntrepreneurshipPublic relationsPrivate sectorIncubatorService (business)Public sectorRentingEconomicsSmall business

摘要: The topic of small business incubators is receiving considerable attention from state and local development organizations, universities, firms that commercially promote new enterprise. A incubator a facility aids the early-stage growth companies by providing rental space, shared office services, consulting assistance. number facilities rapidly increasing. As spring 1985, Small Business Administration was aware sixty facilities. One hundred-fifty are expected to be operational summer 1986. limited literature on directed primarily toward economic practitioners, not audience. purpose this article present descriptive overview address their potential for enterprise development. It generally recognized few businesses make it through early years. Management problems under-capitalization frequently cited as general reasons failure. often created exploit market segment catered other firms. Entrepreneurs may have knowledge about such niches because previous experience in larger usually involves related products, technologies, or markets. But although entrepreneurs specialized knowledge, they lack full array skills. This where plays key role. Incubators provide assistance fills gaps, reduces costs rent service fees, establishes support network. Sponsors quite diverse, objectives differ, do oganizational arrangements. Private sector sponsors, corporations investor groups, interested property development, transferring innovative technology, investment opportunities tenant Public nonprofit organizations governments, job creation diversification. Education universities vocational-technical schools, training students commercial outlets faculty research. To achieve these different objectives, sponsoring groups pursue management policies. For example, admitting tenants, publicly-sponsored more likely than others consider ownership. concerned with obtaining occupancy selecting particular type tenant. avoid challenges undue benefit private entities, public ones place time limit residency. Although sponsor orientations universal an increase chances firm surviving its formative THE DATA data analysis were collected during 1984. Twelve managers Pennsylvania called inform them study obtain names all currently occupying chief executive officer each firm. Surveys sent 126 late February, sample consisted 56 firms, 44 percent response rate. Comprehensive information concerning twelve Department Commerce. Site visits made along follow-up telephone calls. Two files form source contained article. first, based site visits, contains Thus, one unit analysis. …

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