A Literature Review of Performance Determinants of Business Incubator Based on Foreign English Literatures

창업보육 인큐베이터의 성과결정 요인에 관한 문헌연구: 외국 문헌을 중심으로

  • Received : 2011.09.12
  • Accepted : 2011.12.22
  • Published : 2011.12.31


The fact that innovation activities of venture firms and start-ups play crucial role in driving industrial development and economic growth has significantly increased the importance of business incubator and techno-park which promote new businesses creations. This review paper aims at not only generating performance measurement index of business incubators but also categorizing performance determinants in accordance with three different theoretical perspectives of resource-based view, strategy patterns, and social networks. Futhermore, as future direction of research, this paper emphasizes structured research efforts on the critical effects of incubator's governance patterns, external and regional contexts, and analysis of government incubator policy.