Accelerator (243) | ![]() |
Build measure learn (3) | ![]() |
Business failure (8) | ![]() |
Business model (1599) | ![]() |
Business plan (247) | ![]() |
Capital (1171) | ![]() |
Competition (1827) | ![]() |
Creative intelligence (4) | ![]() |
Crowdfunding (345) | ![]() |
Demand (1538) | ![]() |
Design thinking (43) | ![]() |
Discontinuance (3) | ![]() |
Economics (11490) | ![]() |
Elastic (4) | ![]() |
Elevator pitch (3) | ![]() |
Enterprise (6718) | ![]() |
Enterprise zones (3) | ![]() |
Entrepreneurship (3867) | ![]() |
Entrpreneur (13) | ![]() |
Environment (5057) | ![]() |
Factors of production (9) | ![]() |
Failing forward (3) | ![]() |
Foundational skills (2893) | ![]() |
Free enterprise system (3) | ![]() |
Groupthink (3) | ![]() |
Ideation (24) | ![]() |
Incubator (502) | ![]() |
Integrative thinking (3) | ![]() |
Intrapreneur (17) | ![]() |
Investment (4927) | ![]() |
Mind map (18) | ![]() |
Minimum viable product (5) | ![]() |
Opportunity (3754) | ![]() |
Profit (897) | ![]() |
Prototype (283) | ![]() |
Scalability (146) | ![]() |
Scarcity (45) | ![]() |
Services (9519) | ![]() |
Start-up resources (1930) | ![]() |
Venture (2128) | ![]() |
such as incubators and clusters, hoping to attract companies and influence economic growth. Traditional policy is applied and there is still a misunderstanding of the difference between innovation and research,
The infrastructure of innovation considers the role of universities, incubators and other possible supports for innovation-related activities.
The best ideas and early-stage projects will be awarded seed grants (below EUR100 000) and supported by an incubation program hosted by one of a European network of business incubators.
Examples of relevant policy approaches include creation of science parks and business incubators, encouraging mobility of staff between universities and industry,
the industry incubator programme in Norwayâ, Technology Analysis and Strategic Management, Vol. 23, No. 1: 75-85 37 Missing an open goal?
the industry incubator programme in Norway, Technology Analysis and Strategic Management, Vol. 23, No. 1: 75-85 Cohen, Wesley M. and Levinthal, D. A. 1990
Campus Incubators; Commercialisation Fund; Technology Centres. Develop a support framework where innovative startups can reach their full potential.
These initiatives are aimed at deriving improved impact from the substantial resources invested in the innovation policy area â research centres, technology centres, campus incubators etc.
Campus Incubators; Commercialisation Fund; Technology Centres. EI will develop an Innovation Partnership service for smaller projects seeking to address identified industry needs.
These incubators house over 350 companies and over 1, 500 people. 5. 3. 3 Co-working Space The Entrepreneurship Forum highlighted the importance of the availability of co-working spaces
incubators and Business Innovation Centres may be of some value in this. 5. 3. 4 Private Sector/Representative Bodies As the Entrepreneurship Forum has highlighted,
500 are employed people directly in incubator companies. A review of the Incubator programme is currently underway to evaluate the impact of this investment to date
and to identify any unmet industry demands in this area. 2012: No approvals 2013: â 2. 0m approved Programme/Fund and Objective Number of Projects Funding Areas of strategic Focus 2014-2016 Community Enterprise Centres:
500 are employed people directly in incubator companies. A review of the Incubator programme is currently underway to evaluate the impact of this investment to date
and to identify any unmet industry demands in this area. 2012: No approvals 2013: â 2. 0m approved Programme/Fund and Objective Number of Projects Funding Areas of strategic Focus 2014-2016 Community Enterprise Centres:
and outputs from incubators/accelerators, etc. See Annex 2). Current Performance: Sales and Exports In the face of difficult global market conditions, Irelandâ s overall trade performance has improved steadily since 2011.
EI) 204 In collaboration with the European space agency manage the initialisation of the European space agency (ESA) Incubator. EI) 205 SFI will target 34 licences and 6 spinouts from the twelve SFI Research Centres in 2015.
à nag) 207 Develop advanced property solutions for innovative companies seeking to move from the incubator phase to market.
clusters and incubators across the island of Ireland to stimulate economic growth and encourage investment and collaboration in the design sector. ï§Create a startup investment platform for creative industry entrepreneurs,
-Support to networks of incubators for social innovation. 27-Support a research programme on public sector and social innovation;
Two EU-wide networks of incubators are particularly notable. Firstly, â TRANSITION-Transnational Network for Social Innovation Incubationâ is a project that supports the scaling-up of social innovations across Europe by developing a network of incubators bridging established partners within the fields of social innovation
(SI) and innovation-based incubation (IBI. Secondly, â BENISI-Building a European Network of Incubators for Social Innovationâ seeks to build a Europe-wide network of networks of incubators for social innovation,
with the aim to identify at least 300 social innovations that are identified with high potential for scaling successfully,
which provide incubator services, training for social economy, and access to international networks to nurture
Horizon 2020 will continue to support these social innovation measures under the heading of hubs and incubators for the Innovation Union.
G#1v 12722 Incubator 0#2#incubator Incubator G#1v 12691 Inelastic 0#2#inelastic Inelastic
G#1v 12723 Integrative thinking 0#2#integrative thinking Integrative thinking G#1v 12724 Intrapreneur 0#2#intrapreneur Intrapreneur
International Business Incubator OWZ Berlin-Adlershof â¢Business Incubation with the focus on East-West business
First incubator 1991 with 5 companies on 1, 000 mâ newspapers argued âoepotemkin in Adlershofâ
such as public incubators and science parks (Fini et al. 2011), that create a supportive environment and thus facilitate university â industry interactions
providers in university â industry linkages and incubators for academic spin-offs, a relatively new route for commercialisation of academic inventions.
existing innovation systems, with a focus on cooperation between incubators and the regionâ s universities (Regional Innovation Monitor:
innovation infrastructures (incubators), cluster initiatives and co-financing of federal programmes. Currently, there are more than 100 incubators (âoeimpulszentrenâ) and
20 technology parks throughout the country, more than 40 cluster initiatives linking companies and research institutions around thematic priorities (e g. automotive suppliers
incubators The prototype was developed at the Center for Biomedical Engineering from the Faculty of engineering, and the results were tested successfully at the university hospital
-ICT for student start-ups in lab incubator environment as part of knowledge and innovation community -Public funding, public/private partners and operation
informal hub/incubator serendipity, plus interaction with business angels, facilitators accelerators, venture capitalists and other investors
adapting from thousands of other global IT hubs and incubators, often termed â Silicon xxxxâ (as
In the CSE incubator hub case for unemployed students, ICT is vital and so well integrated into all activities that the service
local mobile entrepreneurs, a number of incubators, or âoelabs, â focused on mobile entrepreneurs have
In addition to local incubators, there are now numerous regional competitions for app developers in emerging markets, many with a social agenda, that offer financial support and training for developers to
Business incubators and accelerators are emerging around the world seeking to emulate the successes of
America is also experiencing a boom of start-ups, business accelerators and incubators. 129 While the excitement around entrepreneurship is unmistakeable,
133 An âoeihuberâ is a person who frequents the IHUB co-working space and business incubator in Nairobi, Kenya
and business incubator in Nairobi that was started in March 2010 by Erik Hersman, Cofounder of Ushahidi.
and part incubator. Since it was founded, the ihub has generated over 30 start-up companies, held over 120 events,
from research to a tech incubator, engaged with the university community, and created partnerships with numerous high-tech companies. 166 Most importantly, the ihub has created
business incubators, and hacker/maker spaces. These spaces offer vibrant locales for apps development and other activities, stimulate creativity,
initiatives as innovation spaces and incubators to attract creative talent Community organizations also have an important role to play in equipping youth with the relevant skills
Accelerators For-profit incubator that support start-ups with funding and other services in exchange for equity
Incubators Programs that support start-ups through business support services and resources Information technology Outsourcing (ITO Refers to the outsourcing of computer or internet related work, such as
support these social innovation measures under the heading of hubs and incubators for the Innovation Union
-ing, Maker and hacker spaces, Investing and Funding, Event, Incubators and Accelerators, Advisory or expert body, Education And Training. 3 Technology
investable propositions, including a focus on incubators with a specific focus on sup -porting digital social innovators
Incubators typically support innovators in exchange for equity, at pre-seed or seed stage There are nearly 100 incubators/accelerators in Europe
Large foundations and charities often play an active role in hosting and running mak -erspaces and incubators focusing on supporting DSI
The work by Nesta in the UK, on the tech for good incubator Bethnal Green Ventures, and the Waag society in Amsterdam, working on setting up and hosting
one of Europeâ s first Fab Labs, are two examples of this in Europe. In the United states
A range of incubators, accelerators impact incvestment schemes have been set up by public and private funders to support digital
Although incubators and accelerators have been always around, their pres -ence in aiming to address social challenges has been limited rather to date
INCUBATORS AND ACCELERATORS MAKER AND HACKER SPACES ADVISORY OR EXPERT BODY INVESTMENT AND FUNDING 152
Incubators & accelerators Knowledge sharing & networking Training Standards of evidence framework Impact assessment tools for aocial innovation
Incubators & accelerators Knowledge sharing & networking Training Standards of evidence framework Impact assessment tools for aocial innovation
INCUBATORS & ACCELERATORS Mechanisms that foster social entrepreneurship such as incubators, accelerators or other intermediary platforms are necessary to provide resources in different phases
of the development of DSI. They represent a novel contribution to advancing social entrepreneurship around the world, helping young companies, and particularly high
A good example to foster a European networks of incubators is funded the European commission TRANSITION project It is coordinated by the European Business & Innovation Centre Network (EBN),
scaling-up of social innovations across Europe by developing a network of incubators, which brings together established
The incubator programme run by the UKÂ s Open Data Institute and the DSI accelerator programme run by Bethnal Green Ventures have demonstrated potential in how models developed to support
ecomuseum, an incubator, a neighbourhood, etc. They then co-design new proposals with stakeholders and users, in a participatory way.
research center and an incubator for business and social initiatives. It sees itself as a center for civic
and incubators. Community transport social enterprises often use some commercially run bus contracts to cross subsidise services for the disabled.
ï premises for start-up centres, incubators and single enterprise business premises ï innovation to develop new products, services or ways of working
In addition, they act as an incubator for new community organisations in the rural areas. They host the migrant children project â BELONGÂ and have plans to do future work on setting up a human
The world of social innovation has a number of incubators and centres. Many of these are outside
o an incubator for social enterprises and social innovation, owned by the City of Milan
o Co-working and an incubator specialised in sustainable innovation http://www. avanzi. org/english
ï Antropia (http://antropia. essec. fr/)is an incubator for social enterprises run by the Institute
ï Mars (CA)( http://www. marsdd. com/)is a social incubator which helps create successful
ï The Australian Centre for Social Innovation-TACSI63 is focused an incubator on producing innovations by combining multi-disciplinary teams
an incubator to many projects and ventures some of which are located co at its London headquarters
support for the development of business incubators and investment support for self employment and business creation can be very relevant for socially innovative start-ups
3. 3. 2. 1. Networks of Incubators for Social Innovation...113 3. 3. 2. 2. Social Innovation Europe (SIE...
building and recognition tools such as incubators, hubs, forums, prizes and research in methodologies, benchmarking and impact measurement are the main components
Incubators to generate the birth and growth as well as tools to exchange, compare and value are other essential components of the social innovation
The world of social innovation has a number of incubators and centres which are crucial
y the launch of a pilot action on networks of incubators for social innovation, to as
incubators and single enterprise business premises The bulk of ERDF finance is allocated either at national or regional level.
of capacity building tools like incubators, networks and skills. Starting with the mapping study currently in progress,
3. 3. 2. 1. Networks of Incubators for Social Innovation As part of the Innovation Union flagship initiativeâ s social innovation commitments, a
pilot action on networks of incubators for social innovation supports two European net -works in order to assess,
For the purposes of this action, incubators include any organisation that acts as an incubator at local or regional level, including universities and business networks.
The two networks have a broad geographical coverage across the EU and are designed to assess, provide support
-TION185 and BENISI186 networks are two examples of such incubators 3. 3. 2. 2. Social Innovation Europe (SIE
social innovation incubators As a bottom-up, beneficiary-driven programme, it will depend a lot on the proposed
3. 3. 2. 1. Networks of Incubators for Social Innovation 3. 3. 2. 2. Social Innovation Europe (SIE
funds, agencies, brokers, incubators, and intermediaries. In the social field these institutions remain much less developed than in other fields.
roles and putting them into incubators or prestigious time-limited roles to turn ideas into business plans (with the time costs then potentially
commission incubators (being tested by the ESRC 100) Collective voice and credits. Allowing staff in an organisation to vote
290) Innovation incubators play a critical role: they bring together the skills and expertise necessary to help sustain
many different kinds of incubator and innovation agency to develop a model that seeks to create new ventures and back social entrepreneurs
and a business incubator, alongside a social innovation investment fund Mars is a nonprofit innovation centre connecting science, technology
Incubators 133 Information systems 20-22; 89; 119-120 Infrastructure 114-115 Innocentive 134 Innovation Innovation Challenge Prize 54
TVQQPSU that are available from investors, incubators, accelerators or policy makers. Funders can also discover great DSI projects on the living map that they might want to
open data incubator within Horizon 2020 aimsâ to help SMES set up supply chains, and to get access to
Incubators Accelerators Competing with your own products and services Competing with the ecosystem Governments as service providers:
Accelerators and incubators are another type of enablers. Both accept early start-ups that have a potential
The incubator focuses on providing the prerequisites for a company to develop, such as housing expertise and business contacts.
Innoenergy Highway57 for example, is a European incubator with interesting attributes: it has six entry points,
Incubators and accelera -tors/support to entrepre -neurs Building a company Developing new products /services
It is also the case of incubators and accelerators They may be considered a tool in themselves to make start-ups
Incubators, for example are physical locations that provide a defined set of services/tools to individuals or small companies.
the incubator may also play a critical role in promoting knowledge transfer, both formally and informally,
Incubators, which have long been widespread in business, have started to take off 152 innovations/spring 2006
-sidy of technology and private investment in incubators, venture capital, and start -ups. The equivalent potential supports for
and incubators that deliberately focus on mining new technologies for social applications In all of these, social innovation is likely to be most successful when there is
-search projects to delivering services or running incubators for early stage DSI start-ups). ) The overarching
and incubators focusing on supporting DSI. The work by Nesta in the UK on the tech for good incubator
Bethnal Green Ventures and Waag Society in Amsterdam work on setting up and hosting one of Europeâ s
Running Incubators and accelerators ODI start-up Programme Bethnal Green Ventures Hosting and managing maker spaces and
Incubators and Accelerators 26 Advisory or expert body 15 Advocating and campaigning 11 Maker and hacker spaces 11
Through incubators and accelerators As has been the case with the support for innovative businesses, social innovations often need support in
incubators and accelerators have emerged, who invest in â tech for goodâ projects, typically in exchange for
Although incubators and accelerators have been always around, their presence in aiming to address social challenges has been limited rather to date
Co-working environments, such as innovation centres, accelerators, incubators, and hacker spaces, have begun to proliferate. The MIT founded a precursor in 2002 called Fab Lab,
Incubator, Autoclave, Rotary Evaporator, etc. Different machines are placed in an open space, to make the work with different machines easi
startup incubator and public interest initiative What are the main barriers to innovate and how are they
and the incubators Rockstart and Techstars. In these accelerator/incubator programmes for start-ups they learned how to build a company, how to pitch,
and how to convince financial investors. Daan believes that further access to a network of
-search projects to delivering services or running incubators for early stage DSI start-ups). ) The overarching
and incubators focusing on supporting DSI. The work by Nesta in the UK on the tech for good incubator
Bethnal Green Ventures and Waag Society in Amsterdam work on setting up and hosting one of Europeâ s
Running Incubators and accelerators ODI start-up Programme Bethnal Green Ventures Hosting and managing maker spaces and
Incubators and Accelerators 26 Advisory or expert body 15 Advocating and campaigning 11 Maker and hacker spaces 11
Through incubators and accelerators As has been the case with the support for innovative businesses, social innovations often need support in
incubators and accelerators have emerged, who invest in â tech for goodâ projects, typically in exchange for
Although incubators and accelerators have been always around, their presence in aiming to address social challenges has been limited rather to date
Co-working environments, such as innovation centres, accelerators, incubators, and hacker spaces, have begun to proliferate. The MIT founded a precursor in 2002 called Fab Lab,
Incubator, Autoclave, Rotary Evaporator, etc. Different machines are placed in an open space, to make the work with different machines easi
startup incubator and public interest initiative What are the main barriers to innovate and how are they
and the incubators Rockstart and Techstars. In these accelerator/incubator programmes for start-ups they learned how to build a company, how to pitch,
and how to convince financial investors. Daan believes that further access to a network of
Andalusia incubators against EU current benchmarks ï Think of promoting corporate spin-offs as an alternative to university spinoffs with stronger industry and
parks also host business incubators, which only accept firms that are innovative, environmental friendly, and in the case of firms in traditional sectors are willing to collaborate with universities for at
ANDALUCIA EMPRENDE has more than 200 business incubators Centros de Apoyo al Desarrollo Empresarial, or CADE) around the Andalusia region, including rural
business plan competition in which the winners spend three days training in the business incubators. In
Technology Park (PTA) that the firms can move to the incubator in the Park. The university also has
are to expand the presence of incubators in the technology parks as a way of providing more space for
Innovation centres and technology incubators became more common, as did support for entrepreneurs and start-up companies
ï Attraction of the best technology-based firms to the regional business incubators ï Multiplication of Renewable Resources
ï Provide incubator accommodation: for 500 firms ï Provide services: to nearly 12 400 entrepreneurs that applied for start-ups funds
Many business incubators have been established by the region; universities and municipalities also implement their own business incubator programmes over and above those supported by the region.
A notable example is Andalusia Technology Park (PTA), which provides funding, support and information for business creation through a five-stage development model involving
ï Incubator stage: open to the pre-incubated firms, as well as others. It offers lower rents and a
and incubators to ensure that the system is as efficient as possible Introduce forms of support to corporate spinoffs
and investment into establishing incubators already, a relevant issue for the region to consider is a â benchmarkingâ model that would allow it to
entrepreneurship and start-ups is the establishment of business incubators. International best practice has demonstrated their value.
The European incubator benchmarking study (CSES, 2002) highlights that there are about 900 incubators in the EU generating approximately 40 000 net new jobs annually
and that incubators accelerate the start-up of new businesses and help maximise their growth potential
in a way that is more difficult for alternative SME support structures to achieve However, incubators are not a panacea for entrepreneurship and job creation.
The experience of incubators in the EU has been mixed. Therefore, the contribution of the above EC study was to
prepare benchmarks for what constitutes successful incubators (see table below). It is important for Andalusia, having invested a large amount of time and funding,
to assess the extent to which it is performing according to these benchmarks and, if it falls short of those standards, to consider what
which should be considered in developing a successful incubator policy. The table below sets out some of the key issues that could be considered by the Andalusia region
Table 6. Summary of key EU business incubator benchmarks Setting Up and Operating Average Range Benchmark
%Incubator space 3, 000 mâ 90mâ-41, 000mâ 2, 000 â 4, 000 mâ Number of incubator tenants 27 firms 1-120 firms 20 â 30
Incubator Functions Average Range Benchmark Incubator occupancy rates 85%9%â 100%85 %Length of tenancy 35 months 6 months-no max 3 years
Number of management staff 2. 3 managers 1 â 9 managers 2 managers min Ratio of incubator staff:
tenants 1: 14 1: 2 â 1: 64 1: 10-1: 20 Percentage of managersâ time advising clients 39%5%â 80%50
%Evaluating Services and Impacts Average Range Benchmark Survival rates of tenant firms 85%65%â 100%85
New graduate jobs per incubator p. a. 41 jobs 7 to 197 NA Cost per job (gross) â 4, 400 â 124 to â 29,600 â 4, 000 to â 8, 000
Box 4. Summary of key EU business incubator qualitative factors Setting Up and Operating ï Business incubators should be designed to support
and be part of a broader strategic framework â either territorially orientated or focused on particular policy priorities (e g. development of clusters), or a
ï Incubators should be promoted by an inclusive partnership of public and private sector stakeholders ï During the development phase, it is important for the market to be tested
devised that can provide a framework for incubator operations ï There are a number of different set up funding models
establishment of incubators will remain critical for the foreseeable future ï There are different ways in
which incubators cover their operating costs and whilst many incubators rely on public subsidies, there is a strong argument in favour of dependence on this source of revenue
Incubator Functions ï The provision of physical space is central to the incubator model. Standard good practices now exist
with regard to the most appropriate configuration of incubator space ï The value added of incubator operations lies increasingly in the type and quality of business support
services provided to clients and developing this aspect of European incubator operations should be a
key priority in the future ï Business incubators should charge clients for the support services they provide but the level at which
prices are pitched should be designed to minimise the risk of â crowding outâ private sector providers
ï With regard to incubator operating procedures, it is essential that there is a clearly defined target market and that this is reflected in the admission criteria
ï Whilst achieving high occupancy rates is important to generate income, this consideration needs to be
ï Aftercare and networking with firms that have left an incubator should be regarded as just as important
as providing services to incubator tenants ï The quality of the management team, and adoption of a businesslike approach to running incubators
and monitoring clients, is crucial to performance and best practices in this field are becoming standardised
one type of incubator from another Evaluating Services and Impacts ï The performance of business incubators should be judged primarily in terms of the results achieved
i e. the impact they have on businesses, wider economic development and other priorities ï In assessing the impact of incubators,
there is a need to obtain feedback directly from client companies ï Likewise, a distinction should be made between gross and net impacts achieved by business
incubators ï Although â new economyâ incubators are currently out of favour, there are many lessons to be learnt that
are relevant to the more â traditionalâ model (and vice versa ï Across Europe, there are a variety of different business incubator models and precise modalities
should reflect local, regional and national circumstances and priorities ï Similarly, although only limited comparisons are possible,
between the way in which European and US incubators operate and therefore scope for a sharing of
ï Overall, business incubators are a very cost-effective instrument for the promotion of public policy
ï Business incubators should be encouraged to benchmark themselves against best practice standards and to take the steps required to achieve them
ï Benchmarking and best practice sharing should focus on the four key incubator service areas entrepreneur training, business support, financing and technology support
ï Business incubators should be encouraged to periodically undertake impact assessments ï A further priority should be for business incubators reduce their dependence on public subsidies
ï There is a need to â professionalizeâ the occupation of business incubator management Source: CSES, 2002
Relevance to Andalusia and considerations for adoption There is a need to establish a monitoring and evaluation (M&e) mechanism for the incubation
quantitative benchmarks would enable the region to assess the current incubator policy and whether there is a need for refinement,
rate of firms reared in an incubator environment should be significantly higher than the business
%suggesting that incubators are not operating as efficiently as might be hoped. Whilst survival rates are only one possible indicator of the performance
of incubators and others might be equally of importance (for example, the extent to which incubators
necessity for an evaluation of the Andalusia incubator practice so far. This would provide a basis for
CSES (2002) Benchmarking of Business Incubators, Final report, DG Enterprise, Brussels EC (2003) Green Paper:
Andalusia in business incubators, the regional government should engage in a more regular evaluation of this tool against current EU benchmarks;
Incubators are one of the most favoured tools of business development promotion in Andalusia Only within the Malaga technology park (PTA) there are six of them.
Andalusia incubators against EU current benchmarks ï Think of promoting corporate spin-offs as an alternative to university spinoffs with stronger industry and
< Back - Next >
Overtext Web Module V3.0 Alpha
Copyright Semantic-Knowledge, 1994-2011