Relationship Among the Startup Incubation Process Phases: A Structural Equation Model

dc.contributor.authorASENSIO-CIRIA, ANA
dc.contributor.authorDE-PABLOS-HEREDERO, CARMEN
dc.contributor.authorBLANCO-JIMENEZ, FRANCISCO JOSE
dc.contributor.authorMONTES-BOTELLA , JOSE LUIS
dc.contributor.authorGARCIA MARTINEZ, ANTON
dc.date.accessioned2025-01-29T09:51:53Z
dc.date.available2025-01-29T09:51:53Z
dc.date.issued2024
dc.description.abstractThis article quantifies the relationships among the different phases of the business incubation process. A total of 89 surveys coming from business incubators in Spain in the period 2022–2023 have been collected. A structural equation model (SEM) is applied to determine the association among incubation phases 1, 2, 3, and 4. The results show that the “spreading entrepreneurship” phase has a strongly positive significative influence on preincu- bation, phases 1 and 2 (hypothesis 1) basic incubation, phase 3 (hypothesis 4), and advanced incubation phase 4 (hypothesis 5). Besides, a moderate positive influence was found between prein- cubation and basic incubation (hypothesis 2) and between prein- cubation and advanced incubation (hypothesis 6). In this context, spreading entrepreneurship will be a useful tool to determine the success of entrepreneurship during the incubation process. Improv- ing variables, such as counseling, channels, and training, will posi- tively impact incubation. Therefore, taking action at the spreading entrepreneurship stage to improve the business incubator results and evaluate the structural deficiencies of entrepreneurs to improve their training level and technicians’ specialization is recommended. Applying SEM models in business incubators to evaluate their influence on graduation rates will also be of great interest.
dc.identifier.urihttps://hdl.handle.net/10115/68177
dc.language.isoen_US
dc.publisherIEEE
dc.rightsAttribution 4.0 Internationalen
dc.rights.accessRightsinfo:eu-repo/semantics/openAccess
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/
dc.subjectbusiness incubator
dc.subjectentrepreneurship
dc.subjectstartup incubation
dc.subjectincubation phases
dc.subjectincubation process
dc.subjectSustainable Development Goals
dc.subjectSDG 8: Decent work and economic growth
dc.subjectSDG 9: Industry, innovation and infrastructure
dc.titleRelationship Among the Startup Incubation Process Phases: A Structural Equation Model
dc.typeArticle

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