Given empirical findings that link entrepreneurship, small businesses, and economic growth at the macro level (Audretsch, Keilbach, & Lehmann, 2006), this study develops a model and propositions that link business incubators to localized economic growth. Specifically, the research applies a ‘micro-economy’ lens to investigate how and why the relationship between incubators and economic growth may vary across geographic regions, specifically as a function of the localized market failures that policy-makers position the incubators to resolve.
Amezcua, Alejandro S.
"INCUBATORS AND MARKET FAILURES: DESIGNS FOR AN ENTREPRENEURIAL ECONOMY (SUMMARY),"
Frontiers of Entrepreneurship Research: Vol. 27
, Article 2.
Available at: https://digitalknowledge.babson.edu/fer/vol27/iss22/2