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The Institutional Context of Incubation: The Case of Academic Incubators in India

Published online by Cambridge University Press:  13 May 2019

V. K. Narayanan
Affiliation:
Drexel University, USA
Jungyoun (Natalie) Shin*
Affiliation:
Drexel University, USA
*
Corresponding author: Jungyoun (Natalie) Shin ([email protected])

Abstract

We introduce incubators as an organizational form intended to facilitate entrepreneurship. The theorizing and research on incubators have been primarily anchored in market failure perspective and carry over the assumptions about a free market economy, mostly implicitly into the empirical work. This ignores the influence of the institutional context and obscures processes that may come into play in emerging economies like India. Using Scott's model (2008) of institutional context, we argue how the institutional context provides a complementary perspective that may reveal a richer picture of incubator operation in emerging economies. We illustrate this in the case of academic incubators in India.

摘要

我们引入孵化器作为促进创业的一种组织形式。有关孵化器的理论和研究主要基于市场失败的观点,并将自由市场经济的假定隐性地带入实证研究中。这种研究忽视了制度背景的影响,从而掩盖了过程在像印度这样的新兴经济体中的作用。采用Scott(2008)的制度背景模型,我们论证制度情境怎样提供一种补充的观点,揭示了新兴经济体中孵化器运作的更丰富的画面。我们以印度的学术孵化器为例说明这一观点。

Аннотация

Мы определяем инкубаторы как форму организации, которая должна способствовать предпринимательству. Теоретические изыскания и исследования в области инкубаторов были основаны, главным образом, на перспективе несовершенства рынка и, в основном, безоговорочно переносят предположения о свободной рыночной экономике в эмпирические исследования. Таким образом, недостаточное внимание уделяется влиянию институционального контекста, а также процессам, которые могут играть большую роль в странах с развивающейся экономикой, таких как Индия. На основании модели институционального контекста, которую разработал Скотт (2008), мы изучаем, каким образом институциональный контекст предлагает дополнительную перспективу, которая может представить более богатую картину работы инкубаторов в странах с развивающейся экономикой. Мы иллюстрируем это предположение на примере академических инкубаторов в Индии.

Resumen

Introducimos incubadoras como una forma organizacional que busca facilitar el emprendimiento. La teorización y la investigación sobre incubadoras se anclado principalmente en la perspectiva de la falla del mercado y carga suposiciones sobre la economía del libre mercado, principalmente implícita en el trabajo empírico. Esto ignora la influencia del contexto institucional y oscurece los procesos que pueden entrar en juego en economías emergentes como India. Usando el modelo de Scott (2008) de contexto institucional, discutimos cómo el contexto institucional da una perspectiva complementaria que puede revelar una imagen más rica de la operación de incubadora en las economías emergentes. Ilustramos esto en el caso de incubadoras académicas en India.

Type
Special Issue: The Innovation and Entrepreneurship Ecosystem in India
Copyright
Copyright © The International Association for Chinese Management Research 2019 

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Footnotes

Accepted by: Guest Editors Suresh Bhagavatula and Ram Mudambi, and Deputy Editor Johann Peter Murmann

References

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