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Developing a Model for a ‘Ladder of Incubation’ Linked to Higher and Further Education Institutions in Wales / Pam Voisey; Lynne Gornall; Paul Jones; Brychan Thomas

Industry and Higher Education, Volume: 19, Issue: 6, Pages: 445 - 456

Swansea University Author: Paul, Jones

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Abstract

Business incubators play a critical role in economic regeneration through the development and support of new and sustainable enterprises. Many UK incubator projects are funded by the European Commission through the higher education sector. This study compares and contrasts six business incubation ca...

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Published in: Industry and Higher Education
ISSN: 0950-4222 2043-6858
Published: Sage 2005
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URI: https://cronfa.swan.ac.uk/Record/cronfa44708
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Abstract: Business incubators play a critical role in economic regeneration through the development and support of new and sustainable enterprises. Many UK incubator projects are funded by the European Commission through the higher education sector. This study compares and contrasts six business incubation case studies and identifies significant criteria for successful operation and ongoing sustainability. A conceptual framework for a ‘ladder’ of business incubation, supporting new businesses through start-up and growth, is proposed as a guide to good practice. The findings clearly identify the need for key partnerships with public-sector and private-sector stakeholders to ensure incubator longevity.
Keywords: GTi project, business incubation, funding sources, case studies, Wales
College: School of Management
Issue: 6
Start Page: 445
End Page: 456