Handbook of Research On Entrepreneurship
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Handbook of Research On Entrepreneurship

What We Know and What We Need to Know

Edited by Alain Fayolle

This indispensable Handbook offers a fresh look at entrepreneurship research, addressing what we already know, and what we still need to know, in the field. Over the course of 17 chapters, a collaboration of 24 highly-regarded researchers, experts in their fields, provide an insightful new perspective on the future of the study of entrepreneurship. They show that there is a need to redesign research in the field – enacting entrepreneurship out of the box – and consider the history of entrepreneurship whilst developing the future course for research. They also underline the importance of developing research at the crossroads of different fields and the need to explore new domains and/or revisit existing ones from differing perspectives. Finally, they express a desire for more continuity in research, developing knowledge around key concepts and insightful domains.
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Chapter 15: Business incubation and incubator mechanisms

Sarfraz Mian


The Oxford English Dictionary defines incubation as 'the process or an instance of incubating something in a controlled environment' (OED, 1993). The embryonic developments of an animal within an egg, and exposure to an infection or disease with the appearance of the first symptoms are often quoted as examples of the incubation phenomenon. In its business use incubation is considered as a unique and flexible mix of organized enterprise development processes that enable fledgling new and small businesses to develop by providing critical support to survive and grow in their early stages of development. Therefore, incubation service providing structures/organizations, also known as incubator mechanisms or simply incubators, are designed to serve as launching pads for young and small business start-ups, which need access to support services; they serve as business development tools for providing a nurturing milieu.

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