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Are Business Incubators Really Creating New Jobs by Creating New Businesses and New Products
Author(s) -
Udell Gerald G.
Publication year - 1990
Publication title -
journal of product innovation management
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 2.646
H-Index - 144
eISSN - 1540-5885
pISSN - 0737-6782
DOI - 10.1111/1540-5885.720108
Subject(s) - business , new ventures , entrepreneurship , marketing , business development , incubator , industrial organization , finance , microbiology and biotechnology , biology
This article examines the use of business incubators to enhance industrial innovation and new venture formation. Currently, the number of business incubators is rapidly growing. Yet, we have little solid evidence that such centers actually stimulate the growth and success of either innovations or new ventures. Gerald Udell examines incubators' resources and services in an effort to assess their potential impact. He conducted a survey of two hundred incubators and linked the results to a partial review of the literature to aid in the assessment of business incubators.