Categories of incubator success: a case study of three New York incubator programmes
| Published date | 05 January 2015 |
| Pages | 2-12 |
| DOI | https://doi.org/10.1108/WJSTSD-06-2014-0006 |
| Date | 05 January 2015 |
| Author | Hanadi Mubarak Al-Mubaraki,Ali Husain Muhammad,Michael Busler |
| Subject Matter | Public policy & environmental management,Environmental technology & innovation |
Categories of incubator success:
a case study of three New York
incubator programmes
Hanadi Mubarak Al-Mubaraki
Kuwait University, Nuzha, Kuwait
Ali Husain Muhammad
Department of Management and Marketing, Kuwait University,
Safat, Kuwait, and
Michael Busler
School of Business, Richard Stockton College, Galloway, New Jersey, USA
Abstract
Purpose –The purpose of this paper is to investigate and identify three categories of incubators in the
USA located in New York (NY). The incubator categories are: technology commercialisation; economic
development; and entrepreneurship.
Design/methodology/approach –The study uses a qualitative approach based on interviews
concerning three incubator programmes selected for their successful outcomes.
Findings –The research findings suggest four priorities for incubators: to be dynamic models of
self-sustainable, efficient business development; to provide helpful tools for generating jobs; to foster
and support enterprise and innovation to create the best environment for the start-up and smart
growth of businesses; and to support value-added businesses through various means, such as
developing the region’s science parks and R&D centres, improving collaboration between universities,
and supporting business investment and growth.
Originality/value –The research adds value to academicians and practitioners such as government,
funded organisations, institutions and policy makers.
Keywords Economic development, Entrepreneurship, Incubators, Technology commercialization,
New York, Business growth
Paper type Research paper
Introduction
In developed and developing countries, there are more than 7,000 incubati on
programmes worldwide engaged in supporting the development of new high-growth
businesses (EDA, 2011; Monkman, 2010). Several research studies on incubators have
been undertaken, particularly in the USA and other countries worldwide (Temali and
Campbell, 1984; Allen and Rahman, 1985; Plosila and Allen, 1985; Campbell et al., 1985;
Brooks, 1986; Fry, 1987; Merrifield, 1987; Smilor, 1987; Hisrich, 1988; Campbell, 1989;
Allen and McCluskey, 1990; Mian, 1994b; Culp, 1996; Mian, 1996a, b, 1997; Autio and
World Journal of Science,
Technology and Sustainable
Development
Vol. 12 No. 1, 2015
pp. 2-12
©Emerald Group Publishing Limited
2042-5945
DOI 10.1108/WJSTSD-06-2014-0006
The current issue and full text archive of this journal is available on Emerald Insight at:
www.emeraldinsight.com/2042-5945.htm
The KFAS project team would like to express their genuine appreciation to the Kuwait
Foundation for Advancement of Sciences (KFAS-2010-1103-04) for the financial support provided
for this project. A special acknowledgement and appreciation is due to Professor Rashed
Al-Ajmei, Dean of the College of Business Administration, Kuwait University and Chairman of
the Centre for Excellence for all managerial advice and support required for the project. The team
also extends deep thanks to the National Business Incubation Association (NBIA) for providing
successful international case studies to be interviewed. The research team is also grateful to the
Kuwait Investment Authority (KIA) for providing valuable information.
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