Article,

Technology business incubators: how effective as technology transfer mechanisms?

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Technology in Society, 24 (3): 299--316 (August 2002)
DOI: 10.1016/S0160-791X(02)00010-6

Abstract

Technology business incubators provide a mechanism for technology transfer, promote the concept of growth through innovation and application of technology, support economic development strategies for small business development, and encourage growth from within local economies. This study provides a profile of technology business incubators in the United States, reviews previous research, and reports results of research on the technology transfer activities of technology business incubators. It is not surprising that universities and other research organizations are major developers of technology business incubator programs. The study found that technology business incubators have not had a high incidence of technology transferdespite the fact that many were established with that goal in mind. This finding implies the need to continue investigating the problems that hinder the technology transfer process, especially in light of the fact that most technology incubator programs state as their objective the transfer and commercialization of technology.

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