Exploring technology business incubators and their business incubation models: case studies from China

  • Mingfeng TangEmail author
  • Grace Sheila Walsh
  • Cuiwen Li
  • Angathevar Baskaran


This paper explores Technology Business Incubators (TBIs) and their chosen Business Incubation Models. The business models of TBIs have been largely ignored or seen as explained through stratification classifications (e.g. university incubator, virtual incubator etc.). Taking a qualitative approach, five next generation TBIs clustered in the Zhongguancun region of Beijing, the ‘Chinese Silicon Valley’, are analyzed. Framed in the resource-based view this work contributes to the literature through the exploration of: (1) The strategies implemented by next generation TBIs in China (2) The business models of these incubators (3) The fit between each incubator’s business model and their respective strategy. Ultimately this study disentangles how the varying availability of resources and incubatees’ ability to absorb these resources guide incubator strategy.


Business incubator Incubator strategy Business model Venture tenants China TBI 

JEL Classification

O31 O32 O33 O34 



We would like to thank the National Nature Science Foundation and Sichuan/Chengdu Science and Technology Department/Bureau for funding this research project under Grants (Number G0302/71403221) and (Number 2017ZR0240/2016-RK00-00177-ZF).


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Copyright information

© Springer Science+Business Media, LLC, part of Springer Nature 2019

Authors and Affiliations

  1. 1.School of Business AdministrationSouthwestern University of Finance and EconomicsChengduChina
  2. 2.Whitaker Institute of Innovation and Societal ChangeNational University of Ireland GalwayGalwayIreland
  3. 3.Rongcheng CampusHarbin University of Science and TechnologyHarbinChina
  4. 4.Faculty of Economics and AdministrationUniversity of MalayaKuala LumpurMalaysia
  5. 5.Tshwane University of TechnologyPretoriaSouth Africa

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