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Media type:
E-Article
Title:
Realising potential: The impact of business incubation on the absorptive capacity of new technology-based firms
Contributor:
Patton, Dean
Published:
SAGE Publications, 2014
Published in:
International Small Business Journal: Researching Entrepreneurship, 32 (2014) 8, Seite 897-917
Language:
English
DOI:
10.1177/0266242613482134
ISSN:
0266-2426;
1741-2870
Origination:
Footnote:
Description:
<jats:p> This article explores the potential of university technology business incubators to enhance the absorptive capacity of new technology-based firms. The research pursues three critical themes: it employs the absorptive capacity construct to analyse and evaluate the potential of incubation to strengthen the business model of new technology firms. It then explores the interaction between founders and incubator directors, mentors and business advisers to assess how this might enhance absorptive capacity. Finally, it indicates how such interactions can facilitate the transition from potential to realised absorptive capacity. The article interrogates the incubation process by using the absorptive capacity framework to evaluate how it might strengthen the business model of new technology firms. The qualitative findings suggest that where founders, advisers, mentors and incubator directors engage collaboratively to create an iterative dialogue which informs the development of a viable business model, the process by which potential absorptive capacity can be fully realised is substantially strengthened. </jats:p>