Seeding young entrepreneurs: The role of business incubators

This study focusses on young entrepreneurs and considers the extent of business incubators’ impact on the development and visibility of projects headed by young people. To do so, we analyse incubators’ role as ecosystems for entrepreneurship in Spain based on the 2023 Funcas survey. First, we catego...

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Main Authors: Ana Rosado-Cubero, Adolfo Hernández, Francisco José Blanco-Jiménez, Teresa Freire-Rubio
Format: Article
Language:English
Published: Elsevier 2024-10-01
Series:Journal of Innovation & Knowledge
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2444569X24001185
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author Ana Rosado-Cubero
Adolfo Hernández
Francisco José Blanco-Jiménez
Teresa Freire-Rubio
author_facet Ana Rosado-Cubero
Adolfo Hernández
Francisco José Blanco-Jiménez
Teresa Freire-Rubio
author_sort Ana Rosado-Cubero
collection DOAJ
description This study focusses on young entrepreneurs and considers the extent of business incubators’ impact on the development and visibility of projects headed by young people. To do so, we analyse incubators’ role as ecosystems for entrepreneurship in Spain based on the 2023 Funcas survey. First, we categorised incubators according to entrepreneurs’ age, defining young incubators as those in which most of the businesses are run by individuals under 35, excluding those over that age. We analyse variables that include the services offered and the frequency of events or training within the incubators to determine which approaches benefit or harm young entrepreneurs. This study uses a statistical approach, with quantitative data from the questionnaire as a starting point to characterise and identify young entrepreneurial profiles in business incubators. We develop and test two hypotheses using the chi-squared test, which is a non-parametric (distribution free) technique. Finally, we include a brief analysis of young entrepreneurs’ personality traits to shed light on some defining characteristics, concluding that personal initiative is a key feature amongst entrepreneurs under the age of 35. We conclude that the incubator system in Spain harms young entrepreneurs and propose some relevant recommendations to reverse this trend.
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publishDate 2024-10-01
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series Journal of Innovation & Knowledge
spelling doaj-art-d7c711ec12da4a6fbacf8103ca51dd492025-08-20T02:31:17ZengElsevierJournal of Innovation & Knowledge2444-569X2024-10-019410057910.1016/j.jik.2024.100579Seeding young entrepreneurs: The role of business incubatorsAna Rosado-Cubero0Adolfo Hernández1Francisco José Blanco-Jiménez2Teresa Freire-Rubio3Complutense University of Madrid, Faculty of Commerce and Tourism, Av. Filipinas, 3. 28003 Madrid, Spain; Corresponding author at: Faculty of commerce and tourism, Complutense University Madrid.Universidad Complutense de Madrid, Department of Financial & Actuarial Economics & Statistics, Faculty of Commerce and Tourism, Av. Filipinas, 3. 28003 Madrid, SpainUniversidad Rey Juan Carlos, Faculty of Social Sciences and Law, Edificio Departamental. Campus de Vicálvaro, P.° de los Artilleros, 38, 28032 Madrid. SpainESIC, business&marketingschool, Avda. Valdenigrales s/n 28223 Pozuelo de Alarcón Madrid, SpainThis study focusses on young entrepreneurs and considers the extent of business incubators’ impact on the development and visibility of projects headed by young people. To do so, we analyse incubators’ role as ecosystems for entrepreneurship in Spain based on the 2023 Funcas survey. First, we categorised incubators according to entrepreneurs’ age, defining young incubators as those in which most of the businesses are run by individuals under 35, excluding those over that age. We analyse variables that include the services offered and the frequency of events or training within the incubators to determine which approaches benefit or harm young entrepreneurs. This study uses a statistical approach, with quantitative data from the questionnaire as a starting point to characterise and identify young entrepreneurial profiles in business incubators. We develop and test two hypotheses using the chi-squared test, which is a non-parametric (distribution free) technique. Finally, we include a brief analysis of young entrepreneurs’ personality traits to shed light on some defining characteristics, concluding that personal initiative is a key feature amongst entrepreneurs under the age of 35. We conclude that the incubator system in Spain harms young entrepreneurs and propose some relevant recommendations to reverse this trend.http://www.sciencedirect.com/science/article/pii/S2444569X24001185L26M13
spellingShingle Ana Rosado-Cubero
Adolfo Hernández
Francisco José Blanco-Jiménez
Teresa Freire-Rubio
Seeding young entrepreneurs: The role of business incubators
Journal of Innovation & Knowledge
L26
M13
title Seeding young entrepreneurs: The role of business incubators
title_full Seeding young entrepreneurs: The role of business incubators
title_fullStr Seeding young entrepreneurs: The role of business incubators
title_full_unstemmed Seeding young entrepreneurs: The role of business incubators
title_short Seeding young entrepreneurs: The role of business incubators
title_sort seeding young entrepreneurs the role of business incubators
topic L26
M13
url http://www.sciencedirect.com/science/article/pii/S2444569X24001185
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