A Review of 20 Business Incubation Models (Part 1 of 20)

A Review of 20 Business Incubation Models (Part 1 of 20)

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Entrepreneurship, Business Incubation, Business Models & Strategy Blog


This set of posts is devoted to Business Incubator Models. Business Incubation is a concept which involves multiple stakeholders, dozens “building blocks”, various types of resources and several service categories (around 100 specific services in total). Consequently, it requires high level of conceptualization for better defining, analyzing, designing, calibration, performance evaluation and thinking about business incubation. I will use modeling and models to do so, trying to stay as simple as possible. It’s also important to highlight that researchers, consultants and practitioners have been developing models of business incubators, incubation processes, etc. since 1985 and created around 20 different models.

Main purpose of this series of posts is to review existing Business Incubator Models, and provide short assessment of their historical applicability, key contribution, performance and efficiency for business innovation purposes.

The end goal is to provide practitioners with new synthesized Generic Model of Business Incubation Program which incorporates…

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