From Hatchery to Headquarters - Investigating Key Barriers and Success Factors in Transferring Innovation from Incubators into Corporate Action
(2023) MGTN59 20231Department of Business Administration
- Abstract
- Incubators have emerged as crucial intermediaries for facilitating innovation for established companies. This thesis examines the process of transferring innovation from incubators back to established businesses. Semi-structured interviews were conducted with stakeholders representing both sides of the relationship: managers responsible for fostering and supporting innovative ventures within incubators, and managers within established businesses who receive and implement these innovations, subject to strategic evaluation. Through analysing these insights, this thesis provides a comprehensive picture of the factors influencing the successful transfer of innovation from incubators to established businesses.
This thesis makes two important... (More) - Incubators have emerged as crucial intermediaries for facilitating innovation for established companies. This thesis examines the process of transferring innovation from incubators back to established businesses. Semi-structured interviews were conducted with stakeholders representing both sides of the relationship: managers responsible for fostering and supporting innovative ventures within incubators, and managers within established businesses who receive and implement these innovations, subject to strategic evaluation. Through analysing these insights, this thesis provides a comprehensive picture of the factors influencing the successful transfer of innovation from incubators to established businesses.
This thesis makes two important contributions to the existing body of knowledge. First, it provides empirical evidence supporting the previously identified factors in prior research regarding the transfer of innovation from incubators to established companies, but also identifies novel factors that impact the transfer procedure. By incorporating these novel factors, our comprehension of the intricate complexity and dynamics of innovation transfer is advanced. Second, this thesis explores the retail and technology industries in contrast to the automotive industry where previous research has primarily focused. This expansion adds generalisability to the previously identified factors and reveals industry-specific nuances in innovation transfer.
This thesis has practical implications for both incubators and established businesses, as they provide valuable insights into how to optimise innovation transfer and enhance collaboration between incubators and established businesses. In addition, policymakers and ecosystem architects can benefit from the acquired knowledge by creating an environment more conducive to innovation transfer. (Less)
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/9118006
- author
- Best, Jake Nicholas LU and Pinn, Johanna LU
- supervisor
- organization
- course
- MGTN59 20231
- year
- 2023
- type
- H1 - Master's Degree (One Year)
- subject
- keywords
- Innovation Transfer, Corporate Incubators, Innovation Management, Open Innovation, Innovation Ecosystems
- language
- English
- additional info
- No additional information.
- id
- 9118006
- date added to LUP
- 2023-06-26 14:13:30
- date last changed
- 2023-06-26 14:13:30
@misc{9118006,
abstract = {{Incubators have emerged as crucial intermediaries for facilitating innovation for established companies. This thesis examines the process of transferring innovation from incubators back to established businesses. Semi-structured interviews were conducted with stakeholders representing both sides of the relationship: managers responsible for fostering and supporting innovative ventures within incubators, and managers within established businesses who receive and implement these innovations, subject to strategic evaluation. Through analysing these insights, this thesis provides a comprehensive picture of the factors influencing the successful transfer of innovation from incubators to established businesses.
This thesis makes two important contributions to the existing body of knowledge. First, it provides empirical evidence supporting the previously identified factors in prior research regarding the transfer of innovation from incubators to established companies, but also identifies novel factors that impact the transfer procedure. By incorporating these novel factors, our comprehension of the intricate complexity and dynamics of innovation transfer is advanced. Second, this thesis explores the retail and technology industries in contrast to the automotive industry where previous research has primarily focused. This expansion adds generalisability to the previously identified factors and reveals industry-specific nuances in innovation transfer.
This thesis has practical implications for both incubators and established businesses, as they provide valuable insights into how to optimise innovation transfer and enhance collaboration between incubators and established businesses. In addition, policymakers and ecosystem architects can benefit from the acquired knowledge by creating an environment more conducive to innovation transfer.}},
author = {{Best, Jake Nicholas and Pinn, Johanna}},
language = {{eng}},
note = {{Student Paper}},
title = {{From Hatchery to Headquarters - Investigating Key Barriers and Success Factors in Transferring Innovation from Incubators into Corporate Action}},
year = {{2023}},
}