Handbook of Research on Business and Technology Incubation and Acceleration
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Handbook of Research on Business and Technology Incubation and Acceleration

A Global Perspective

Edited by Sarfraz A. Mian, Magnus Klofsten and Wadid Lamine

This pioneering work explores both the theory and practice of business and technology incubation over the past six decades as an approach to new venture creation and development. With a global scope, the Handbook examines key concepts, models, and mechanisms, providing a research-based analytical foundation from which to understand the emerging role of modern incubation tools in building entrepreneurship ecosystems for promoting targeted economic development.
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Chapter 25: Do networked incubators matter? The impact of entrepreneurial networks on firms’ performance

Danny Soetanto and Magnus Klofsten

Abstract

Chapter 25 takes the stance that in starting new ventures, entrepreneurs are prone to failure due to their limited knowledge, skills, and resources. Here, the role of incubators comes into play as they provide abundant support for the entrepreneur. However, the question arises as to whether incubators influence the creation of entrepreneurial networks, which is important for resource seeking activities. In response to the query, the authors attempt to fill the knowledge gap by collecting data from entrepreneurs located on and off incubators. Empirically, they found that incubators help entrepreneurs to develop network specially in the early stage. The finding also shows that entrepreneurs located on and off incubators develop a different pattern of network during the development of new ventures. The study also confirmed that the change of the network is necessary for resource seeking activities.

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