How university business incubation supports entrepreneurs in technology-based and creative industries: A comparative study


Nicholls-Nixon C. L., Singh R. M., Hassannezhad Chavoushi Z., Valliere D.

Journal of Small Business Management, cilt.62, sa.2, ss.591-627, 2024 (SSCI) identifier identifier

  • Yayın Türü: Makale / Tam Makale
  • Cilt numarası: 62 Sayı: 2
  • Basım Tarihi: 2024
  • Doi Numarası: 10.1080/00472778.2022.2073360
  • Dergi Adı: Journal of Small Business Management
  • Derginin Tarandığı İndeksler: Social Sciences Citation Index (SSCI), Scopus, International Bibliography of Social Sciences, ABI/INFORM, Business Source Elite, Business Source Premier, Psycinfo, Public Affairs Index
  • Sayfa Sayıları: ss.591-627
  • Anahtar Kelimeler: New ventures, start-up, qualitative
  • TED Üniversitesi Adresli: Hayır

Özet

© 2022 International Council for Small Business.Business incubators (BIs) provide entrepreneurs with access to critical resources (for example, physical, financial, knowledge, social, legitimacy, and so on) that support venture development. Little is known about how support needs differ between entrepreneurs pursuing technology-based (TB) and creative-industry (CI) opportunities. Yet these differences may affect their ability to benefit from incubation. This is the first comparative study addressing this gap. Focusing on university BIs, our qualitative analysis reveals that TB entrepreneurs benefit from physical capital supporting proof of concept, financial grants, and technical and industry-specific knowledge capital. In contrast, CI entrepreneurs benefit from physical capital supporting product development, financing of smaller-scale projects, and knowledge capital focused on business basics. External legitimacy was more important to TB entrepreneurs, while internal social capital mattered more to CI entrepreneurs. We draw on value creation and capture to explain these differences. The findings have implications for research and practice concerned with incubation and university-based entrepreneurial support.