Promotion or inhibition of different incubation services? Evidence from government funding of China

Purpose – The purpose of this paper is to investigate the relationship between the characteristics of the incubation industry, government funding, and the intensity of funding for different services. Because the incubation industry has particular characteristics, government funding varies for differ...

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Main Authors: Xinzhou Qi, Zhong Ning
Format: Article
Language:English
Published: Emerald Publishing 2023-04-01
Series:Asia Pacific Journal of Innovation and Entrepreneurship
Subjects:
Online Access:https://www.emerald.com/insight/content/doi/10.1108/APJIE-12-2022-0141/full/pdf
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author Xinzhou Qi
Zhong Ning
author_facet Xinzhou Qi
Zhong Ning
author_sort Xinzhou Qi
collection DOAJ
description Purpose – The purpose of this paper is to investigate the relationship between the characteristics of the incubation industry, government funding, and the intensity of funding for different services. Because the incubation industry has particular characteristics, government funding varies for different services, and its intensity varies with service. Design/methodology/approach – Government funding is classified as incubation subsidy and incubation incentive. Besides, incubation services include property management, business mentoring as well as investment and financing. Based on this, this study examines the influence mechanism of different subsidy and incentive on incubation services by using the generalized propensity score matching method. Findings – The empirical results show that subsidy and incentive have an inverse-U shape effect on property management service, but a linear effect on business guidance service. Furthermore, subsidy does not affect investment and financing service, but incentive that can have a significant impact. Originality/value – The theme of government funding and incubator services plays an important role in helping entrepreneurs expand their businesses. Incubation subsidy and incentive can provide important support to help enterprises obtain more preferential loans, technical services and technical support in the incubator. Applying it to incubator services can provide better technology and entrepreneurship guidance. These services can help new entrepreneurs understand products and markets, and how to develop more successfully in the early stage. In short, incubators supported by government funds can provide important support to entrepreneurs to help them successfully realize their business plans.
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spelling doaj.art-a51e30afc8834acca5e4a57cbfbd9c572023-06-30T09:20:41ZengEmerald PublishingAsia Pacific Journal of Innovation and Entrepreneurship2071-13952398-78122023-04-0117121910.1108/APJIE-12-2022-0141Promotion or inhibition of different incubation services? Evidence from government funding of ChinaXinzhou Qi0Zhong Ning1School of Management, Fudan University, Shanghai, ChinaSchool of Management, Fudan University, Shanghai, ChinaPurpose – The purpose of this paper is to investigate the relationship between the characteristics of the incubation industry, government funding, and the intensity of funding for different services. Because the incubation industry has particular characteristics, government funding varies for different services, and its intensity varies with service. Design/methodology/approach – Government funding is classified as incubation subsidy and incubation incentive. Besides, incubation services include property management, business mentoring as well as investment and financing. Based on this, this study examines the influence mechanism of different subsidy and incentive on incubation services by using the generalized propensity score matching method. Findings – The empirical results show that subsidy and incentive have an inverse-U shape effect on property management service, but a linear effect on business guidance service. Furthermore, subsidy does not affect investment and financing service, but incentive that can have a significant impact. Originality/value – The theme of government funding and incubator services plays an important role in helping entrepreneurs expand their businesses. Incubation subsidy and incentive can provide important support to help enterprises obtain more preferential loans, technical services and technical support in the incubator. Applying it to incubator services can provide better technology and entrepreneurship guidance. These services can help new entrepreneurs understand products and markets, and how to develop more successfully in the early stage. In short, incubators supported by government funds can provide important support to entrepreneurs to help them successfully realize their business plans.https://www.emerald.com/insight/content/doi/10.1108/APJIE-12-2022-0141/full/pdfGovernment fundingIncubation servicesThe generalized propensity score matching method
spellingShingle Xinzhou Qi
Zhong Ning
Promotion or inhibition of different incubation services? Evidence from government funding of China
Asia Pacific Journal of Innovation and Entrepreneurship
Government funding
Incubation services
The generalized propensity score matching method
title Promotion or inhibition of different incubation services? Evidence from government funding of China
title_full Promotion or inhibition of different incubation services? Evidence from government funding of China
title_fullStr Promotion or inhibition of different incubation services? Evidence from government funding of China
title_full_unstemmed Promotion or inhibition of different incubation services? Evidence from government funding of China
title_short Promotion or inhibition of different incubation services? Evidence from government funding of China
title_sort promotion or inhibition of different incubation services evidence from government funding of china
topic Government funding
Incubation services
The generalized propensity score matching method
url https://www.emerald.com/insight/content/doi/10.1108/APJIE-12-2022-0141/full/pdf
work_keys_str_mv AT xinzhouqi promotionorinhibitionofdifferentincubationservicesevidencefromgovernmentfundingofchina
AT zhongning promotionorinhibitionofdifferentincubationservicesevidencefromgovernmentfundingofchina