Resource Type
Research

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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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"Business incubators (BI) have been established worldwide as tools for company creation and small businesses support. BIs claim to help their tenants by providing them with the optimal conditions for increasing early stage survival and long-term performance. Practitioners and researchers agree that business support is a crucial feature of incubating businesses. Yet this is seldom researched. In this study we theoretically relate business support to help in solving problems and further investigate to what extent business incubators support their tenants overcome their developmental problems. Results show that tenants do not experience many problems and when they do business support is not necessarily sought. Furthermore, our data suggests that business support is not preferentially sought within incubator environments. When this happens, support provided by the BI does not contribute to problem solving. Finally, we discuss the impact of the type of BI on helping their tenants."

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"A large share of the poor in developing countries run small enterprises, often earning low incomes. This paper explores whether the poor performance of businesses can be explained by a lack of basic business skills. We randomized the offer of a free, 48-hour business skills course to female entrepreneurs in rural Mexico. We find that those assigned to treatment earn higher profits, have larger revenues, serve a greater number of clients, are more likely to use formal accounting techniques, and more likely to be registered with the government. Indirect treatment effects on those entrepreneurs randomized out of the program, yet living in treatment villages, are economically meaningful, yet imprecisely measured. We present a simple model of experience and learning that helps interpret our results, and consistent with the theoretical predictions, we find that "low-quality" entrepreneurs are the most likely to quit their business post-treatment, and that the positive impacts of the treatment are increasing in entrepreneurial quality."

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"Market Systems Development (MSD) is an approach to poverty reduction that aims to create long-lasting and large-scale change by stimulating more inclusive growth. To achieve a systemic change vision, market systems programmes often partner with the private sector to introduce new or improved business practices, products and services. Understanding the mechanics of these business models is at the heart of programme success. This paper presents a framework for assessing the efficacy of business models. To help future practice be grounded in reality, we have included detailed business model cases studies from market systems programmes in Afghanistan, Zambia, Kosovo and Nigeria. The paper ends by extracting five key lessons for implementers to improve the way in which they engage with the private sector in building 'win-win' models."

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"The objective of this research report is to help practitioners understand what systems change means in the context of social entrepreneurship, how it is distinct from direct service or “business-in-a-box” models and, most importantly, what it looks like in practice – not as lofty exhortations and abstract concepts, but as a set of concrete activities, processes, and leadership lessons. Our intent is to move beyond systems theories – which, while useful, can be difficult to apply in a practical context – and instead tell the stories of how these theories can be applied across a range of circumstances. These stories follow six for-profit and non-profit social entrepreneurs in the Schwab Foundation network, working in education, health, consumer rights, land rights, rural development and the informal economy, as their strategies evolved beyond organizational scale – growing the reach of a prescriptive, organizationally designed solution to a problem – to systemic scale, with the goal of shifting the rules, norms and values that make up social systems."

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"The purpose of the Beyond the Binary project is to understand and articulate why corporate venturing should matter to corporations and how they might deploy their underutilized capital in pursuit of both profit and purpose. This will involve a deeper understanding of why some companies are holding this cash while others are spending it. It also involves telling the stories of those businesses who are successfully unlocking cash reserves by sharing first-hand accounts, through video interviews with the CV practitioners themselves. Ultimately, this project aims to create long-term impact by inspiring more corporations to allocate more of their capital towards corporate venturing activities which align with the SDGs."

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"Investors and capacity development organizations have an opportunity to support women-led small and growing businesses, but they lack information. The purpose of this collaborative research project is to provide information to capacity developers and investors who want to better understand and address the barriers to growth for women-led small and growing businesses (WSGBs)."

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"This report, the second in a collaboration between the United Nations Capital Development Fund (UNCDF) and the Organisation for Economic Co-operation and Development (OECD), outlines the latest trends in blended finance approaches in LDCs. It updates the previous 2018 report with the latest available data from the OECD, which now cover the six years from 2012 through 2017. It also features seven guest pieces by practitioners and experts working in the blended finance space, which showcase the opportunities and challenges of applying blended finance solutions in LDCs. The report concludes with a review of the next steps for the blended finance and development communities, and flags some emerging issues revealed in the report."

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"The Incubator for Agribusiness and Agroindustry at Bogor Agricultural University, Indonesia (IAA-IPB) assists during three stages in the incubation process:early incubation (mentoring creative ideas, assisting in evaluation of market prospects, defining and outsourcing technology needs);incubation (helping production begin); and post-graduation (consulting on business plan revision and facilitating access to financial resources and a market network for new products and new technology implementation).

The utmost attention must be paid to incubatees during both the selection process and the incubation period, in order to ensure that they grow and are successful. Their success is the success of the incubator itself. One-to-one interaction with the incubatees is necessary to understand their problems and special needs and to help them find solutions. In addition, incubators are advised to maintain relations with successful graduates. They will continue to need assistance, they will be able to assist the incubator by being role models to new incubatees, and they represent a potential source of income for the incubator through profit sharing or equity investment."

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"In this paper, we propose an overarching incubator model that synthesizes elements and best practices emanating from the five archetypes empirically identified and also incorporates substantially higher economies of scale and scope, as well as global and local (gloCal) knowledge arbitrage potential. This paper presents an architectural blueprint for designing a gloCal, real and virtual network of incubators (G-RVIN) as a knowledge and innovation infra-structure and infra-technology which would link entrepreneurs and micro-entrepreneurs with local, regional, and global networks of customers, suppliers and complementors and thus help not only bridge, but also leverage, the diverse divides (digital, knowledge, cultural, socio-political, etc.)."

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