1 research outputs found
Business incubators as a part of entrepreneurial ecosystem in emerging economies: case study Russia
The thesis analyses the dynamics of business incubation in Russia, its potential and
prospects in the context of developing entrepreneurial ecosystem (EE) within the
rapidly changing environment.
The theoretical background of the term “entrepreneurial ecosystem” is studied,
including its framework, players and roles, key performance indicators as well as
regulatory tools which can be used to develop such ecosystems with special focus on
business incubation. To build a framework, the author has conducted a literature review
analyzing both conceptual and case-study papers on entrepreneurial ecosystems and
expanded it with additional research on business incubators.
Comparative analysis of the American, European, Indian, and Chinese models of
business incubators in the context of EEs is conducted to describe the features of
country-specific EEs and see how they reflect the local economic and market situation.
Different cases of business incubators development in different countries are explored
(both developed and developing) as well as the areas to identify similarities and
differences in their activities and outputs.
The development specifics and trends of business incubation in Russian Federation
for about a decade were revealed through the analysis of consecutive surveys conducted
from 2012 to 2020. The study shows that during the period in question business
incubators in Russia have undergone a few external positive changes, including
increased square space, staff quantity, average annual number of residents, annual
budget, etc. At the same time, the total number of business incubators also significantly
dropped which means that all the above positive changes do not reflect the growth of
the business incubation market and the scaling of the most effective structures, but on
the contrary, its optimization.
The research has several implications. First, it shows the real state and dynamics in
business incubation in Russia thanks to the analysis of complex surveys conducted by
the author in 2012, 2016 and 2020. Those surveys contain a wide range of questions
covering different important aspects of business incubators’ activities including BI
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program, clients, environment, effectiveness, and finance. Practically this is the only
study covering business incubation in Russia with that level of detail.
Secondly, the research analyses the influence of the latest events like COVID-19
and the latest trends such as the rapid development of intra-corporate business
accelerators on the state of business incubation in Russia to understand the reasons of
the recent decline in quantity of BIs and possible ways out.
In addition, the comparative analysis of business incubators in the context of EEs in
different countries (USA, Europe, India, China) conducted in the paper helps to
discover best practices and possible solutions which could fit Russian market and foster
future growth