PRELIMINARY FINDINGS: Testing the Differential Effect of Business Incubators using Control Measures

by Eric Stokan 25. March 2010 07:52

Here are the preliminary findings from a nationwide study we are conducting looking at the effects that business incubators have on economic growth.  Of particular interest is the role that business incubators may play in helping businesses aqcuire non-incubated services. 

UAA 2010 3_5.pdf (1.18 mb)

One can see from the table below, also found in the pdf above, the percentage of business services received from outside the incubator that were received by incubated firms.  This is interesting given that non-incubated firms, on average, were around 9 years longer than incubated firms suggesting that they had additional time to receive non-incubated services.  Other interesting highlights can be found in the pdf above. 

Table: Percent of Services Received by Incubated Firms Relative to Non-Incubated Firms: by Service Type and Provider
  Financial  Marketing  Legal  Grant  Leadership  Capital  Other 
College 

80.00%

85.00%

93.75%

79.17%

73.53%

70.59%

82.35%

Local Gov 

64.71%

68.75%

83.33%

78.57%

70.59%

64.71%

76.92%

State Gov 

69.57%

80.00%

66.67%

85.71%

77.78%

79.31%

80.00%

IGA 

78.95%

81.82%

0.00%

85.71%

70.00%

66.67%

80.00%

Non-Profit 

52.94%

78.38%

80.00%

82.35%

75.00%

57.14%

71.43%

Chamber 

90.00%

70.37%

75.00%

87.50%

83.33%

85.71%

75.00%

Trade Assoc 

50.00%

66.67%

75.00%

75.00%

84.21%

66.67%

81.82%

Private 

85.71%

82.81%

83.87%

95.00%

78.43%

90.48%

78.38%

Other 

12.50%

60.00%

50.00%

 N/A 

33.33%

0.00%

76.92%

Total 

64.93%

74.87%

67.51%

83.63%

71.80%

64.59%

78.09%

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About the Authors

We are the Center for Urban Studies Economic Development Unit.  We have several authors who contribute directly and indirectly to this blog.

Lyke Thompson, Ph.D.

Director of the Center for Urban Studies and Professor in Wayne State University's Political Science Department, has specialized his research on the urban political and economic environment.  A primary focus has been centered on municipal economic development, urban policy, and the determinants of economic growth.

Eric Stokan, MA.

Research assistant at the Center for Urban Studies Economic Development Unit.  Mr. Stokan serves as the lead researcher of the Unit, analyzing economic data using various statistical techniques.  Mr. Stokan is interested in questions concerning municipal economic growth and industry mix as well as determinants of local economic incentive adoption.

Mary Hennessey

Research technician at the Center for Urban Studies Economic Development Unit.  Ms. Hennessey researches the effectiveness of local economic development incentives.  Specifically, she has conducted a thorough investigation of brownfields and is currently working on public transit.