Outlook · Volume 11 · 2013

(pp.155-167) H. M. Al-Mubaraki and M. Busler ‘Incubator successes: lessons learned from successful incubators towards the 21st century’, World Sustainable Development Outlook, 2013

Kuwait University
Kuwait
Richard Stockton College
US
Purpose

The objective of this paper is twofold (1) Discuss and analyze the successful adoption of incubators worldwide, and (2) The lessons learned from successful incubators towards the 21st century.

Design/Methodology/Approach

The research methodologies adopted in this study area mixed-methods approach: quantitative (survey) and qualitative (five international case studies).

Findings

Incubators contribute to the international economy and play a vital role not only in the economic recovery but also in smart growth and economic development. These findings will assist incubator managers, policy makers and government parties in successful implementation of incubator policies.

Original/Value of the Paper

This paper contributes to the current literate on the best practices worldwide. Furthermore, it presents future perspectives for academicians and practitioners.

Keywords
IncubatorsEconomic developmentTechnology transferInnovationEntrepreneurshipJob creation