The success of incubators, accelerators and innovations (IAI): A case study, Dr Hanadi Al-Mubaraki and Prof. Michael Busler
Dr Hanadi Al-Mubaraki
Kuwait University
Kuwait
Professor Michael Busler
Stockton University
United States
Purpose: The objective of this paper is to identify the strengths and weaknesses of Incubators, Accelerators and Innovations(IAI). The identification used fi ve indicators:
1. types of IAI;
2. services off ered by IAI;
3. survival rate;
4. jobs creation and
5. startup companies.
Design/methodology/approach: To achieve the objective, the research uses qualitative approach consisting of a review of the
literature, several organisational documents including annual internal reports, and two international interviews located in the
United Kingdom (UK).
Findings: The research fi ndings indicated the strengths of selected IAI programs such as:
1.The high services off ered by program manager can be lead to satiability of high number of start-ups companies.
2.The high services off ered by program manager can be lead to satiability of high number of start-ups companies.
The high number of start-ups which refl ect positively on the economic growth through high number of jobs creation and high survival rate. Further, the research indicates the weaknesses of IAI programs includes lack of networking at the international level and lack of access to fund.
Conclusion: The authors conclude that the strengths and weaknesses of IAI programs will provide guidelines for academia and practitioners such as governments, policy makers, funded organisations, universities and strategic institutions for successful implementation.
Keywords: innovation; accelerators; incubators; economic growth.
Citation: Al-Mubaraki, H., Busler, M. (2016): The success of incubators, accelerators and innovations (IAI): A case study. In Ahmed, A. (Ed.): Europe at a Crossroads and the Impact of Globalization, Vol. 14, pp. 343-354.
