Technology business incubators to help build an innovation-based economy

Lalkaka (2002) Discusses the characteristics, purposes, and proliferation of technology business incubators (TBIs). TBIs do not build an innovation-based economy, but provide a catalytic input as part of a national innovation system. TBIs nurture nascent ventures by providing focused counselling and facilitation services together with smart workspace and shared office facilities. An incubator, often sited within a technology park and affiliated to a technical university or research institute, provides a platform for convergence of support in a synergistic system. The cases of incubation arrangements in China, Brazil, India, and the US show a variety of practices. The formation of a world incubation association may occur in the near future.

Lalkaka, Rustam. (2002). Technology business incubators to help build an innovation-based economy. Journal of Change Management. Vol 3 (2): 167-176