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Assessing government-supported technology-based business incubators: evidence from China

机译:评估政府支持的基于技术的企业孵化器:来自中国的证据

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摘要

This study examines the effectiveness of government-supported incubator programmes in China. Findings highlight the importance of private-sector involvement in the incubators' governing body. Previous literature acknowledges the importance of government intervention in the entrepreneurial incubation process to overcome innovation market failure. However, factors that potentially influence the effectiveness of government-supported incubators have not been explored. Using surveys and follow-up interviews with managers of tenant venture firms, as well as administrators of four sampled incubators in Shanghai and Chongqing, we find that government-supported business incubators effectively provide physical infrastructure, general resources such as administrative support, and access to university resources. Except for the incubator that has been managed by business professionals, government-supported incubators are found to be rather ineffective in offering counselling, external private financing, and networking services to incubated tenant firms, which suggests that government agencies and officials lack business and technological expertise. The implications of the effectiveness of government-driven incubator programmes and avenues for future research are discussed.
机译:这项研究考察了中国政府支持的孵化器计划的有效性。调查结果凸显了私营部门参与孵化器管理机构的重要性。先前的文献承认政府在创业孵化过程中克服创新市场失灵的重要性。但是,尚未探讨可能影响政府支持的孵化器有效性的因素。通过对租户风险投资公司的经理以及上海和重庆的四个样本孵化器的管理者进行的调查和后续采访,我们发现政府支持的企业孵化器有效地提供了物理基础设施,一般资源(例如行政支持)和大学资源。除了由企业专业人士管理的孵化器之外,政府支持的孵化器被发现在向孵化的租户公司提供咨询,外部私人融资和网络服务方面相当无效,这表明政府机构和官员缺乏商业和技术专业知识。讨论了政府主导的孵化器计划和途径对未来研究的有效性的影响。

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