Abstract
Business incubators are organisations that support the growth of small companies, including start-ups, by providing various resources and services. The aims of this article were to assess the characteristics of business incubators in non-hub cities located in Georgia and South Carolina and to describe the major differences between incubators located in non-hub and hub cities. We surveyed 5 non-hub incubators and visited and analysed qualitatively 10 incubators, 5 in hub cities and 5 in non-hub cities. Results showed that incubators in non-hub cities have less focus and less access to funding capital compared with incubators in hub cities. The implementation of a mesh network among incubators in non-hub cities may help sharing resources, know-how, talents and investments with the goal of being able to compete with incubators in hub cities. While currently incubators in non-hub cities cannot offer the same services to their members, they can still play an important role in giving the people in their communities an opportunity to start a new business, find jobs and increase their income. Business incubators in non-hub cities can ultimately positively impact the overall quality of life of the population they serve. Finally, we proposed that a focus on public health innovation may help incubators in non-hub cities to be successful.
Original language | English (US) |
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Pages (from-to) | 428-444 |
Number of pages | 17 |
Journal | Journal of Entrepreneurship |
Volume | 29 |
Issue number | 2 |
DOIs | |
State | Published - Sep 1 2020 |
Keywords
- Small businesses
- incubators
- mesh network
- non-hub cities
- public health
ASJC Scopus subject areas
- Business and International Management
- Economics and Econometrics
- Strategy and Management