In 1980, only 10 business incubators existed in the United States. By 1995 there were nearly 500, and a new incubator is opening every week. Despite the rapid growth, the success of business incubators has been mixed at best. Growing New Ventures, Creating New Jobs provides sponsors, boards, and the management teams of business incubation programs with proven strategies for enhancing the creation and development of new ventures and ensuring the success of programs that support business growth and development. Business creation experts Jana B. Matthews and Mark P. Rice explain the three key principles of successful business incubation; the 10 best practices for starting, developing, and managing a business incubation program; ways to attract high-quality entrepreneurs; the litmus test to determine an incubator's feasibility; and many hands-on examples from the directors of some of the country's top business incubators. Incubators have helped to create more than 82,000 new jobs in communities throughout the United States, and they foster the entrepreneurial spirit that is the lifeblood of the economy. Growing New Ventures, Creating New Jobs gives business, university, and government leaders a blueprint incubator program for invigorating the regional economy.
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About the Author
MARK P. RICE is the director of the Center for Entrepreneurship of New Technological Ventures at Rensselaer Polytechnic Institute (RPI).
JANA B. MATTHEWS is senior research and teaching fellow and director of Entrepreneur Support Systems Programs at the Center for Entrepreneurial Leadership Inc. at the Ewing Marion Kauffman Foundation in Kansas.
JANA B. MATTHEWS is senior research and teaching fellow and director of Entrepreneur Support Systems Programs at the Center for Entrepreneurial Leadership Inc. at the Ewing Marion Kauffman Foundation in Kansas.
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1 of 1 people found the following review helpful:
5.0 out of 5 stars
Classic Readings - Business Incubation,
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This review is from: Growing New Ventures, Creating New Jobs: Principles and Practices of Successful Business Incubation (Entrepreneurship: Principles and Practices) (Hardcover)
I believe this book should be part of the collection of all researchers, practitioners and policy makers who are exploring business incubation as a tool for creating an entrepreneurial culture
Roshan Seebaluck
1 of 2 people found the following review helpful:
4.0 out of 5 stars
A good manual for new incubators,
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This review is from: Growing New Ventures, Creating New Jobs: Principles and Practices of Successful Business Incubation (Entrepreneurship: Principles and Practices) (Hardcover)
This book gives many useful advices. The authors know the industry and communicate the ideas very well. Recommended!
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Key Phrases - Statistically Improbable Phrases (SIPs):
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growing new ventures, property taxes, sponsor investment, facilities maintenance, incubator president, best practices incubator, bator companies, incubator management team, incubator staff, successful business incubation, incubator feasibility, incubator sponsors, incubator operations, most incubators, royalty positions, feasibility study process, incubator company, proactive assistance, incubator industry, many incubators, incubator development, incubator center, incubator facility, incubator program, stakeholder network Key Phrases - Capitalized Phrases (CAPs): (learn more)
Creating New Jobs, Long Shot, Making the Difference, Serving Client Needs, Establishing Roles, Reimbursable Services, Responsibilities of the Board, Small Business Development Center, Chamber of Commerce, Emerging Trends, Selecting Client Companies, United States, Determining Incubator Feasibility, Manage External Relations, Renovation Debt Service, Practices of Successful Business Incubation, Total Expenses, Selecting the Optimal Incubator Facility, Total Income, Understanding the Financial Dynamics of Incubators, National Business Incubation Association, Best Practice, Managing the Stakeholder Network, Building the Incubator Management Team, Financial Dynamics Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
growing new ventures, property taxes, sponsor investment, facilities maintenance, incubator president, best practices incubator, bator companies, incubator management team, incubator staff, successful business incubation, incubator feasibility, incubator sponsors, incubator operations, most incubators, royalty positions, feasibility study process, incubator company, proactive assistance, incubator industry, many incubators, incubator development, incubator center, incubator facility, incubator program, stakeholder network Key Phrases - Capitalized Phrases (CAPs): (learn more)
Creating New Jobs, Long Shot, Making the Difference, Serving Client Needs, Establishing Roles, Reimbursable Services, Responsibilities of the Board, Small Business Development Center, Chamber of Commerce, Emerging Trends, Selecting Client Companies, United States, Determining Incubator Feasibility, Manage External Relations, Renovation Debt Service, Practices of Successful Business Incubation, Total Expenses, Selecting the Optimal Incubator Facility, Total Income, Understanding the Financial Dynamics of Incubators, National Business Incubation Association, Best Practice, Managing the Stakeholder Network, Building the Incubator Management Team, Financial Dynamics Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
Citations (learn more)
This book cites 12
books:
See all 12 books this book cites
2
books
cite this book:
- Winning Combinations: The Coming Wave of Entrepreneurial Partnerships Between Large and Small Companies by James W. Botkin in Back Matter
- New Venture Experience by Karl H. Vesper in Back Matter
- The Entrepreneurial Venture (Practice of Management Series) by Howard H. Stevenson in Back Matter
- Partnerships: A Compendium of State and Federal Cooperative Technology Programs by Dan Berglund in Front Matter
- When Giants Learn To Dance by Rosabeth Moss Kanter in Back Matter
See all 12 books this book cites
- Routine und Innovation. by Christian Debus on page 161, and Back Matter
- Radical Innovation: How Mature Companies Can Outsmart Upstarts by Richard Leifer in Back Matter
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