This study develops understanding on business models by analysing the performance impact of incubation on entrepreneurship. Data for analysis was generated through face-to-face interviews involving 20 entrepreneurs occupying Nigerian-based incubators. To validate their narratives, we simultaneously interacted with managers of incubators in the Western part of Nigeria and those who went through the incubation process. Through data analysis, new insights on business incubation from a developing country perspective emerged depicting the existence of a complex interplay between incubation process components and performance impact components in entrepreneurship. Thus, we contribute to the field of entrepreneurship by offering new theorizations that illustrate triadic relationships of business incubation, performance and entrepreneurship in understudied contexts. That has profound implications for practitioners and policy makers as it reveals a distinct incubation process driven by contextual provisions necessary for individuals to be successful entrepreneurs in West Africa, particularly Nigeria.
|Journal||International Journal of Business and Systems Research|
|Publication status||Accepted/In press - 2 Jul 2020|
- business incubation
- incubation performance
- entrepreneurial knowledge
- Incubator management
- industrial knowledge