Key Factors Affecting a Technology Entrepreneur's Choice of Incubator or Accelerator
Technology entrepreneurship rarely succeeds in isolation; increasingly, it occurs in interconnected networks of business partners and other organizations. For entrepreneurs lacking access to an established business ecosystem, incubators and accelerators provide a possible support mechanism for acces...
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| Format: | Article |
| Language: | English |
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Carleton University
2013-02-01
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| Series: | Technology Innovation Management Review |
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| Online Access: | http://www.timreview.ca/sites/default/files/article_PDF/Isabelle_TIMReview_February2013.pdf |
| _version_ | 1818787609381437440 |
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| author | Diane A. Isabelle |
| author_facet | Diane A. Isabelle |
| author_sort | Diane A. Isabelle |
| collection | DOAJ |
| description | Technology entrepreneurship rarely succeeds in isolation; increasingly, it occurs in interconnected networks of business partners and other organizations. For entrepreneurs lacking access to an established business ecosystem, incubators and accelerators provide a possible support mechanism for access to partners and resources. Yet, these relatively recent approaches to supporting entrepreneurship are still evolving. Therefore, it can be challenging for entrepreneurs to assess these mechanisms and to make insightful decisions on whether or not to join an incubator or accelerator, and which incubator or accelerator best meets their needs. In this article, five key factors that entrepreneurs should take into consideration about incubators and accelerators are offered. Insights are drawn from two surveys of managers and users of incubators and accelerators. An understanding of these five key success factors (stage of venture, fit with incubator’s mission, selection and graduation policies, services provided, and network of partners) and potential pitfalls will help entrepreneurs confidently enter into a relationship with an incubator or accelerator. |
| first_indexed | 2024-12-18T14:10:30Z |
| format | Article |
| id | doaj.art-e55358c5f33c455c9a4a596176c0c105 |
| institution | Directory Open Access Journal |
| issn | 1927-0321 |
| language | English |
| last_indexed | 2024-12-18T14:10:30Z |
| publishDate | 2013-02-01 |
| publisher | Carleton University |
| record_format | Article |
| series | Technology Innovation Management Review |
| spelling | doaj.art-e55358c5f33c455c9a4a596176c0c1052022-12-21T21:05:08ZengCarleton UniversityTechnology Innovation Management Review1927-03212013-02-01February 2013: Platforms, Communities, and Business Ecosystems1622Key Factors Affecting a Technology Entrepreneur's Choice of Incubator or AcceleratorDiane A. IsabelleTechnology entrepreneurship rarely succeeds in isolation; increasingly, it occurs in interconnected networks of business partners and other organizations. For entrepreneurs lacking access to an established business ecosystem, incubators and accelerators provide a possible support mechanism for access to partners and resources. Yet, these relatively recent approaches to supporting entrepreneurship are still evolving. Therefore, it can be challenging for entrepreneurs to assess these mechanisms and to make insightful decisions on whether or not to join an incubator or accelerator, and which incubator or accelerator best meets their needs. In this article, five key factors that entrepreneurs should take into consideration about incubators and accelerators are offered. Insights are drawn from two surveys of managers and users of incubators and accelerators. An understanding of these five key success factors (stage of venture, fit with incubator’s mission, selection and graduation policies, services provided, and network of partners) and potential pitfalls will help entrepreneurs confidently enter into a relationship with an incubator or accelerator.http://www.timreview.ca/sites/default/files/article_PDF/Isabelle_TIMReview_February2013.pdfacceleratorentrepreneurincubatortechnology entrepreneurshipventure |
| spellingShingle | Diane A. Isabelle Key Factors Affecting a Technology Entrepreneur's Choice of Incubator or Accelerator Technology Innovation Management Review accelerator entrepreneur incubator technology entrepreneurship venture |
| title | Key Factors Affecting a Technology Entrepreneur's Choice of Incubator or Accelerator |
| title_full | Key Factors Affecting a Technology Entrepreneur's Choice of Incubator or Accelerator |
| title_fullStr | Key Factors Affecting a Technology Entrepreneur's Choice of Incubator or Accelerator |
| title_full_unstemmed | Key Factors Affecting a Technology Entrepreneur's Choice of Incubator or Accelerator |
| title_short | Key Factors Affecting a Technology Entrepreneur's Choice of Incubator or Accelerator |
| title_sort | key factors affecting a technology entrepreneur s choice of incubator or accelerator |
| topic | accelerator entrepreneur incubator technology entrepreneurship venture |
| url | http://www.timreview.ca/sites/default/files/article_PDF/Isabelle_TIMReview_February2013.pdf |
| work_keys_str_mv | AT dianeaisabelle keyfactorsaffectingatechnologyentrepreneurschoiceofincubatororaccelerator |