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Do Business Incubators Work?
Infectious Greed: “About the closest study I could find on-point was this one from a Case Western doctoral student. And as I suspected, his data shows that the evidence is ambivalent, at best, with respect to the efficacy of incubators. Matter of fact, the most significant benefits of incubators seem to come from reputational effects from incubator membership. In other words, so long as people think incubators are worth something (even if they really aren’t) they are willing to cut you a little extra slack for being a member.”
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David Robison on January 28th, 2005 12:52 pm
Hi Dane,
I was a product of a local chamber of commerce business incubator. For the price of office rent of only $275, we received business assistance, a receptionist, network contacts, and our business was kick started quickly.
We operated a video production house for six years thanks to incubator assistance. Eventually heading up both the local ad federation and PR association.
Dave
mashilo on June 22nd, 2011 5:49 am
Business incubators definitely do work,from an entrepreneurship point of view my company has incubated several businesses which are doing well on their own as we speak.without business incubators start-up businesses will not have resources where they can grow their businesses into commercially successful enterprises..
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