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Liu, Kai (2015) Incubator. In: Cooper, Cary L., (ed.) Wiley Encyclopedia of Management. John Wiley & Sons, Ltd.. ISBN 9781118785317 (doi:

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This short article starts from tracing the origin of the term incubator and explains why the term now is closely associated with the support of early stage ventures. It provides a definition for business incubator and also point out differences between incubators and science/technology parks by highlighting its exclusive focus on early stage ventures. It outlines the four key components which an incubator normally possess and also summarize the various goals of establishing an incubator from public and private sector perspective. It concludes that the past researches show business incubators are instrumental and effective in enhancing the survival rate of start-ups.

Item Type: Book Section
Additional Information: [1] In: Wiley Encyclopedia of Management, 3rd Edition (2015). Volume 6. International Management. [2] Citation: Liu, K. 2015. Incubator. Wiley Encyclopedia of Management. 6:1.
Uncontrolled Keywords: incubator, early stage ventures, start-up, shared spaces, business support, economic development
Subjects: H Social Sciences > HD Industries. Land use. Labor
Faculty / School / Research Centre / Research Group: Faculty of Business
Faculty of Business > Department of International Business & Economics
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Last Modified: 14 Oct 2016 09:23

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