University technology commercialization through new venture projects: an assessment of the French regional incubator program
This article assesses the performance of a technology business incubator program, established by the French government to support innovative new science and technology-based firms (NSTBF) that seek to commercialize laboratory research results. With a resource-based view and an institutional approach, this study predicts why some incubators may be more successful than others in supporting the development of NSTBF. An original longitudinal data set represents the results of a public incubator program, funded following the passage of a 1999 French law on innovation and research. The findings refer to a sample of 25 operationally active incubators and their 1200 graduated new ventures. This study contributes to the literature on business incubation by showing the importance of various incubator resource inputs for aiding NSTBF projects. It thus provides useful and timely feedback for researchers and policy makers.
KeywordsIncubator Entrepreneurial university New science and technology-based firm Commercialization Resource-based view
JEL ClassificationM130 M320 M310
The authors thank Asma Guerfeli of University of Tunis for his technical assistance in the statistical analysis.
- Allen, D. N., & McCluskey, R. (1990). Structure, policy, services and performance in the business incubator industry. Entrepreneurship: Theory and Practice, 15(2), 61–77.Google Scholar
- Hannan, M. T., & Freeman, J. (1989). Organizational ecology. Cambridge: HarvardUniv. Press.Google Scholar
- Hansen, M. T., Chesbrough, H. W., Nohria, N., & Sull, D. N. (2000). Networked incubators: hothouses of the new economy. Harvard Business Review, 78(5), 74–84.Google Scholar
- Lumpkin, J. R., & Ireland, R. D. (1988). Screening Practices of New Business incubators: The evaluation of critical success factors. American Journal of Small Business, 12, 59–81.Google Scholar
- Mian, S. A, Mchirgui, Z, Fayolle, A. & Lamine, W. (2011). The Performance determinants of technology business incubators: A resource based view. In 2011 Babson College Entrepreneurship Research Conference (BCERC), June 8–11, Syracuse, NY, USA.Google Scholar
- Mian, S., Fayolle, A., & Lamine, W. (2012). Building sustainable regional innovation platforms for incubating science and technology businesses: Evidence from the US and French science and technology parks. International Journal of Entrepreneurship and Innovation, 13(4), 235–248.CrossRefGoogle Scholar
- OECD (1997). http://www.oecd.org/science/inno/2101733.pdf.
- O’Farrell, P. (1986). Entrepreneurs and industrial change: The process of change in Irish manufacturing. Dublin: IMI.Google Scholar
- Retis. (2011). ‘Annuaire du réseau français de l’innovation’, 2010–2011.Google Scholar
- Scott, W. R. (1995). Institutions and organizations. Thousand Oaks, CA: Sage.Google Scholar
- Sherman, H. D. (1999). Assessing the intervention effectiveness of business incubation programs on new business startup. Journal of Developmental Entrepreneurship, 4(2), 117–133.Google Scholar