Edited by Yipeng Liu
Chapter 3: Serial entrepreneurs as ‘incubators’: Individuals with inspiration and leadership that make for incubation
To fully comprehend the process of venture creation and entrepreneurship, it is vital to understand the role of serial entrepreneurs in their capacity as incubators. This view helps to redefine the concept of incubation as provided by ‘something’ rather than by ‘someone’. The traditional definition of an incubator is that of an institution or physical environment in which nascent businesses are formed, largely based on innovative ideas. This chapter builds on our previous work (Myint et al., 2005) on the role of social capital in the emergence of the Cambridge technology cluster, to help redefine the concept of incubators. We explore the role of serial entrepreneurs based on a case study analysis of people connected through one of the early technology companies called Acorn. We examine their connections and demonstrate how it shed light on an unexplored dimension of their capacity of a network of people to act as incubators in the co-development of technology and new business opportunities.
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