Theme
Capacity Development

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"During the five-year period 2012-2017 we ran the Social Entrepreneurship Accelerator at Duke (SEAD), we learned many lessons that we hope other accelerators can benefit from to increase their own effectiveness. This paper describes that learning journey through our top ten lessons."

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"The recent emergence of business accelerators around the world has positioned them as a key player in many regional innovation ecosystems. However, significant confusion exists among academics, industry practitioners and policy-makers about what these organizations are. The confusion stems from their association with incubators and from a lack of differentiation among accelerators. As a result of such lack of clear conceptualization academic and other stakeholders risk drawing false conclusions regarding how these organizations fit into different aspects of the regional innovation ecosystem. In this study we use archival and interview data from the Australian context to differentiate accelerators. While we find accelerators that fit the emerging definition of the concept, we also find several that stretch the definition and meaning of 'accelerator'."

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"The authors conduct a randomized experiment among women in urban Sri Lanka to measure the impact of the most commonly used business training course in developing countries, the Start-and-Improve Your Business program. They work with two representative groups of women: a random sample of women operating subsistence enterprises and a random sample of women who are out of the labor force but interested in starting a business. They track the impacts of two treatments -- training only and training plus a cash grant -- over two years with four follow-up surveys and find that the short and medium-term impacts differ."

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"Business training is a widely used development tool, yet little is known about its impact. We study the effects of such a business training program held in Central America. To deal with endogenous selection into the training program, we use a regression discontinuity design, exploiting the fact that a fixed number of applicants are taken into the training program based on a pre-training score. Business training significantly increases the probability that an applicant to the workshop starts a business or expands an existing business. Results also suggest gender heterogeneity as well as the presence of financial constraints."

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"This publication identifies ways to catalyse finance for climate technology incubators and accelerators in developing countries. It aims to inform the Green Climate Fund as it develops a request for proposals on climate technology incubators and accelerators. It also aims to inform other financiers and policymakers on opportunities for catalysing financing in this area. It is based on the outputs of a thematic dialogue on incubators and accelerators held in March 2018. It also draws upon an extensive literature review undertaken by these bodies."

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"A professor at Brazil’s prestigious Federal University of Viçosa saw a need on campus for an incubator to support technologically-oriented businesses, including agribusinesses. This resulted in the CENTEV Technology Incubator, which is partially funded by the university but which also receives state and private grants. Its function is to nurture entrepreneurs to develop viable technology based businesses by providing them with management assistance and augmenting their technical capabilities with expert academic advice. The incubator’s 24 graduates are still in business, with average revenues of $2.5 million a year."

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"Do business accelerators add value? If so, how? We investigate these questions by focusing on Start-Up Chile, a government-backed ecosystem accelerator. Using a regression discontinuity design, we show that entrepreneurship-schooling services of accelerators can significantly increase new venture performance by improving the entrepreneurial capital of participants. We speculate about the existence of four performance-enhancing mechanisms: greater social clout, the provision of an accountability structure that induces entrepreneurs to articulate and reflect about specific strategic tasks, an increase in self-efficacy, and know-how about building a start-up. We find no support for causal effects of basic services of cash and co-working space."

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"This report describes the landscape of business incubators and accelerators in the UK, exploring the scale and distribution, both geographically and sectorally."

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"Since the last decade, the revolution in information technologies and liberalisation of trade regimes have created enormous opportunities for knowledge-based businesses as well as challenges for planners to create the one billion new jobs now needed the world over. The business incubation centre (BIC) helps tackle the obstacles faced by entrepreneurs and facilitates the venture creation process. While numbers are increasing - to around 3,500 worldwide including over 1,500 in the developing countries - their performance and sustainability are being questioned. The determinants of success in the Olympiad of venture creation can be expressed as five interlinked rings: public policy that stimulates entrepreneurial businesses and provides the business infrastructure; private sector partnerships for mentoring and marketing; knowledge base of learning and research; professional networking, national and global; and community involvement to promote entrepreneurism and cultural change. This paper outlines the distinguishing characteristics of incubators in selected developing countries. Based on recent experiences, good practices and the lessons (to be) learned are drawn. Case examples from China, Brazil and other developing countries indicate the variety of approaches."

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"To identify the strengths, weaknesses, opportunities and threats of business incubator models and their potential use in worldwide. Methodology: We studied two international cases: (a) United States, (b) United Kingdom. Findings: The results highlight the similarities and differences between the countries. It adds knowledge for both academics and practitioners who are interested in business incubation. Value: This paper is the first to utilize the SWOT technique to analyze the business incubation field and provides recommendations to implement successful adoption of the incubator's strengths. The potential of Business Incubators who act as models in worldwide and their contribution to the economy, the active role they play in the local, regional and national economic development are discussed. Implications: Adaptation of a Business Incubator Model leads to (1) the support of diverse economies, (2) the commercialization of new technologies, (3) job creation and (4) increases in wealth, given that weaknesses can be overcome."

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