Facets of Technology Incubation

The authors review the different facets of the incubation process for high-tech companies and highlight its complex and multidimensional nature. They then assess what are the most critical factors in incubation in the context of the market supply and demand for incubation facilities. They identify two key facets, selectivity and productivity requirements, and through these construct a typology that is founded on non-ambiguous factors. They discuss the implications of this typology using data from exploratory research and suggest areas of focus for further empirical studies.