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Intangible elements that underpin high-tech business incubation processes

Intangible elements that underpin high-tech business incubation processes
Intangible elements that underpin high-tech business incubation processes
The UK government’s emphasis upon knowledge as a key competitive differentiator has led to the establishment of incubators within universities to support the commercialization of ideas; however understanding of the process by which research ideas are commercialized is limited. The findings in this paper, based on a case study of the high-tech incubator at the University of Southampton, suggest that some of the salient factors that strengthen the incubation process include; a steady flow of new ideas, an empathy with founders, the creation and maintenance of internal and external networks and appropriate exit strategies for firms leaving the incubator
incubation, high-tech firms, commercialization, university incubators
0892-9912
621-636
Patton, D.
a848e8c1-0f1e-4c7d-bad0-97f2b7f13522
Warren, L.
91eda9be-8629-4b6b-b39d-ff85e5ac2ffc
Bream, D.
dad450b0-69d9-4b6a-adfa-c3068d09d1cf
Patton, D.
a848e8c1-0f1e-4c7d-bad0-97f2b7f13522
Warren, L.
91eda9be-8629-4b6b-b39d-ff85e5ac2ffc
Bream, D.
dad450b0-69d9-4b6a-adfa-c3068d09d1cf

Patton, D., Warren, L. and Bream, D. (2009) Intangible elements that underpin high-tech business incubation processes. Journal of Technology Transfer, 34 (6), 621-636. (doi:10.1007/s10961-009-9105-7).

Record type: Article

Abstract

The UK government’s emphasis upon knowledge as a key competitive differentiator has led to the establishment of incubators within universities to support the commercialization of ideas; however understanding of the process by which research ideas are commercialized is limited. The findings in this paper, based on a case study of the high-tech incubator at the University of Southampton, suggest that some of the salient factors that strengthen the incubation process include; a steady flow of new ideas, an empathy with founders, the creation and maintenance of internal and external networks and appropriate exit strategies for firms leaving the incubator

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More information

Published date: December 2009
Keywords: incubation, high-tech firms, commercialization, university incubators

Identifiers

Local EPrints ID: 79323
URI: http://eprints.soton.ac.uk/id/eprint/79323
ISSN: 0892-9912
PURE UUID: 4bdf900f-456f-48ea-8791-96c0597d9d27

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Date deposited: 17 Mar 2010
Last modified: 14 Mar 2024 00:28

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Contributors

Author: D. Patton
Author: L. Warren
Author: D. Bream

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