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  • 标题:Incubator Age and Incubation Time: Determinants of Firm Survival after Graduation?
  • 本地全文:下载
  • 作者:Schwartz, Michael
  • 期刊名称:IWH Diskussionspapiere / Institut für Wirtschaftsforschung Halle
  • 出版年度:2008
  • 卷号:2008
  • 出版社:Institut für Wirtschaftsforschung Halle
  • 摘要:On the basis of a sample of 149 graduate firms from five German technology oriented business incubators, this article contributes to incubator/incubation literature by investigating the effects of the age of the business incubators and the firmsˇŻ incubation time in securing long-term survival of the firms after leaving the incubator facilities. The empirical findings from Cox-proportional hazards regression and parametric accelerated failure time models reveal a statistically negative impact for both variables incubator age and incubation time on post-graduation firm survival. One possible explanation for these results is that, when incubator managers become increasingly involved in various regional development activities (e.g. coaching of regional network initiatives), this may reduce the effectiveness of incubator support and therefore the survival chances of firms.
  • 关键词:Firm survival; Hazard rates; Business incubators; Local technology policy
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