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Growing new ventures, creating new jobs : principles & practices of successful business incubation

Author: Mark P Rice; Jana B Matthews; Laura Kilcrease; Center for Entrepreneurial Leadership.
Publisher: Westport, Conn. : Quorum, 1995.
Series: Entrepreneurship, principles and practices.
Edition/Format:   Book : EnglishView all editions and formats
Database:WorldCat
Summary:
Well managed business incubators with programs and services that help their client companies grow are important mechanisms for economic development in America. Although the number of business incubators in the United States has grown from 10 to 500 in the last 15 years, the success of these incubators has been mixed. Many incubator directors are so busy with public relations, fund raising and administrative duties
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Document Type: Book
All Authors / Contributors: Mark P Rice; Jana B Matthews; Laura Kilcrease; Center for Entrepreneurial Leadership.
ISBN: 1567200338 9781567200331
OCLC Number: 32856670
Notes: "Prepared under the auspices of the Center for Entrepreneurial Leadership, Inc."
Description: xxii, 154 pages : illustrations ; 25 cm.
Contents: Ch. 1. Principles & Practices of Successful Business Incubation --
Ch. 2. To Be or Not to Be: Determining Incubator Feasibility --
Ch. 3. Understanding the Financial Dynamics of Incubators --
Ch. 4. Establishing Roles & Responsibilities of the Board --
Ch. 5. Managing the Stakeholder Network --
Ch. 6. Building the Incubator Management Team --
Ch. 7. Selecting the Optimal Incubator Facility --
Ch. 8. Recruiting & Selecting Client Companies --
Ch. 9. Making the Difference: Serving Client Needs --
Ch. 10. Beyond Incubators: Emerging Trends & Strategies for Business Incubation --
Appendix A: Profiles of Successful Incubator Presidents & Directors --
Appendix B: Further Readings.
Series Title: Entrepreneurship, principles and practices.
Responsibility: Mark P. Rice and Jana B. Matthews ; contributing authors, Laura Kilcrease [and others].

Abstract:

Well managed business incubators with programs and services that help their client companies grow are important mechanisms for economic development in America. Although the number of business incubators in the United States has grown from 10 to 500 in the last 15 years, the success of these incubators has been mixed. Many incubator directors are so busy with public relations, fund raising and administrative duties that they spend very little time working with client companies. Mark Rice and Jana Matthews, incubator experts, have identified three key principles and 10 best practices of successful incubators - those that help entrepreneurs grow their companies.

This book provides a litmus test for determining an incubator's feasibility, suggests ways to attract high-quality entrepreneurs, and includes many hands-on examples from some of the country's best business incubators. The authors have developed alternative financial models for incubators, clearly delineated board and staff responsibilities, and outlined many different ways to help entrepreneurs grow their companies, depending on their stage of development.

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