Exploring Factors in the Success of Creative Incubators: a Cultural Entrepreneurship Perspective
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Exploring Factors in the Success of Creative Incubators: a Cultural Entrepreneurship Perspective Mário Franco 1 & Heiko Haase 2 & Sandra Correia 3
Received: 22 October 2015 / Accepted: 15 November 2015 # Springer Science+Business Media New York 2015
Abstract This study aims to identify factors for success in creative incubators from a cultural entrepreneurship perspective. In order to achieve this goal, a qualitative approach and the case study method were adopted. Therefore, Portuguese creative and cultural incubators were selected: INSerralves and UPTEC/PINC. Data collection was based on interviews and document analysis. Content analysis was also used as a data-processing technique. Based on the empirical evidence obtained, we conclude there is no single model of success factors for a creative incubator, since incubating new undertakings is a highly flexible process, aiming for different objectives. The study takes into account the lack of research on creative incubation. Thus, the results obtained can be an important contribution to support future research in this area of incubators and creative and cultural industries. Some practical implications for incubator managers are also presented. Keywords Cultural entrepreneurship . Creative incubator . Creative and cultural industries . Creative economy . Innovation . Success factors
Introduction In contemporary society, information, knowledge, innovation and competitiveness are critical factors of organisational survival. The current market forces institutions, * Mário Franco [email protected] Heiko Haase [email protected] Sandra Correia [email protected] 1
Management and Economics Department, CEFAGE-UBI Research Center, University of Beira Interior, Estrada do Sineiro, 6200-209 Covilhã, Portugal
2
Department of Business Administration, Center for Innovation and Entrepreneurship, University of Applied Sciences Jena, Carl-Zeiss-Promenade 2, 07745 Jena, Germany
3
Archive Management, Avenida das Madalenas, 9020-017 Funchal, Portugal
J Knowl Econ
whether public or private, to have a permanent capacity for innovation and higher levels of competitiveness (Cañibano et al. 2000; Nakamura 1999). Considering that culture is one of the countries’ greatest sources of wealth, it becomes important to understand how to transform this asset into economic and social value. In this context, entrepreneurship is increasingly recognised as an important factor of economic growth and development (Audretsch 2004; Casson 1982; Schumpeter 1934). In recent times, this phenomenon has been the target of various academic studies (e.g. (GEM 2010; Guerrero and Urbano 2012; Marques 2005)). This accompanies the growing importance given to entrepreneurship as an agent stimulating national and regional economic and social development. According to this perspective, the role of entrepreneurs in the current society has also been given more predominance, with them being perceived as agents of change and development in the social contexts they are part of (Caetano 2012; Peters et al. 2
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