Abstract

The new global economy is a reality. Regional growth and prosperity depend upon our ability to participate in that economy. Today, small high-growth enterprises, fed by intellectual capital, determine which regions thrive and which merely survive. This paper looks at the creation of a network of incubators developed in Northern Ireland since 1998. The rationale for developing sector-specific business incubators focusing on the research strengths of different campuses of the University of Ulster is explained. The role of the knowledge base in the creation and development of high technology companies and the critical factors to be taken into account for future success are discussed.

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