Business Incubators, Accelerators, and Performance of Technology-Based Ventures: A Systematic Literature Review

ABSTRACT: This review aims to identify the typologies of business incubators (BI) and business accelerators (BA) and to define a taxonomy integrating both the BI’s and BA’s characteristics and services portfolio, facilitating the adoption of open innovation practices. A systematic literature review...

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Main Authors: João Leitão, Dina Pereira, Ângela Gonçalves
Format: Article
Language:English
Published: Elsevier 2022-03-01
Series:Journal of Open Innovation: Technology, Market and Complexity
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2199853122010551
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author João Leitão
Dina Pereira
Ângela Gonçalves
author_facet João Leitão
Dina Pereira
Ângela Gonçalves
author_sort João Leitão
collection DOAJ
description ABSTRACT: This review aims to identify the typologies of business incubators (BI) and business accelerators (BA) and to define a taxonomy integrating both the BI’s and BA’s characteristics and services portfolio, facilitating the adoption of open innovation practices. A systematic literature review (SLR) was carried out encompassing the research topic concerning the relationship between the incubation structures and the performance of technology-based ventures. This comprehensive SLR encompasses a total of 1614 publications, aiming to advance the knowledge on BI and BA. This SLR allowed for the identification of current trends and future challenges, as well as of the most important authors, publications, and journals in this research framework. This SLR establishes a new taxonomy for BI and BA, based upon three main pillars: human capital, social capital, and organizational capital. BI and BA help in the development of new high-technology ventures, by being facilitators for open innovation practices. This SLR is limited by the literature, as the collection of publications was performed exclusively through ISI Web of Science (WoS). Further research can be made into the modes of how these structures impact open innovation practices at the regional level using a knowledge spillover approach.
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spelling doaj.art-99b278abc3ba4fdeb05326ad941a054f2023-12-14T05:21:51ZengElsevierJournal of Open Innovation: Technology, Market and Complexity2199-85312022-03-018146Business Incubators, Accelerators, and Performance of Technology-Based Ventures: A Systematic Literature ReviewJoão Leitão0Dina Pereira1Ângela Gonçalves2NECE–Research Unit in Business Sciences, Faculty of Human and Social Sciences, University of Beira Interior (UBI), Estrada do Sineiro, 6200-001 Covilhã, Portugal; Research Unit in Business Sciences (NECE), University of Beira Interior, 6200-209 Covilhã, Portugal; (D.P.); (Â.G.); Centre for Management Studies of Instituto Superior Técnico (CEG-IST), University of Lisbon, 1649-004 Lisboa, Portugal; Instituto de Ciências Sociais (ICS), University of Lisbon, 1649-004 Lisboa, Portugal; Correspondence:Research Unit in Business Sciences (NECE), University of Beira Interior, 6200-209 Covilhã, Portugal; (D.P.); (Â.G.); Centre for Management Studies of Instituto Superior Técnico (CEG-IST), University of Lisbon, 1649-004 Lisboa, PortugalResearch Unit in Business Sciences (NECE), University of Beira Interior, 6200-209 Covilhã, Portugal; (D.P.); (Â.G.)ABSTRACT: This review aims to identify the typologies of business incubators (BI) and business accelerators (BA) and to define a taxonomy integrating both the BI’s and BA’s characteristics and services portfolio, facilitating the adoption of open innovation practices. A systematic literature review (SLR) was carried out encompassing the research topic concerning the relationship between the incubation structures and the performance of technology-based ventures. This comprehensive SLR encompasses a total of 1614 publications, aiming to advance the knowledge on BI and BA. This SLR allowed for the identification of current trends and future challenges, as well as of the most important authors, publications, and journals in this research framework. This SLR establishes a new taxonomy for BI and BA, based upon three main pillars: human capital, social capital, and organizational capital. BI and BA help in the development of new high-technology ventures, by being facilitators for open innovation practices. This SLR is limited by the literature, as the collection of publications was performed exclusively through ISI Web of Science (WoS). Further research can be made into the modes of how these structures impact open innovation practices at the regional level using a knowledge spillover approach.http://www.sciencedirect.com/science/article/pii/S2199853122010551acceleratorsbusiness developmentfirm growthincubatorsstart-ups
spellingShingle João Leitão
Dina Pereira
Ângela Gonçalves
Business Incubators, Accelerators, and Performance of Technology-Based Ventures: A Systematic Literature Review
Journal of Open Innovation: Technology, Market and Complexity
accelerators
business development
firm growth
incubators
start-ups
title Business Incubators, Accelerators, and Performance of Technology-Based Ventures: A Systematic Literature Review
title_full Business Incubators, Accelerators, and Performance of Technology-Based Ventures: A Systematic Literature Review
title_fullStr Business Incubators, Accelerators, and Performance of Technology-Based Ventures: A Systematic Literature Review
title_full_unstemmed Business Incubators, Accelerators, and Performance of Technology-Based Ventures: A Systematic Literature Review
title_short Business Incubators, Accelerators, and Performance of Technology-Based Ventures: A Systematic Literature Review
title_sort business incubators accelerators and performance of technology based ventures a systematic literature review
topic accelerators
business development
firm growth
incubators
start-ups
url http://www.sciencedirect.com/science/article/pii/S2199853122010551
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