Abstract

Business incubation is a highly relevant topic for entrepreneurs and hence entrepreneurship research studies the phenomenon extensively since its very beginning. We observe an increasing heterogeneity of incubation beyond the traditional mainstream focus on regional development and university-based incubators. A few literature reviews started summarizing the field, but left some important issues unanswered. This systematic review study contributes to this effort deriving current themes and a research agenda. We find that open innovation and social capital theory increasingly complement the resource-based view as frameworks to understand business incubation. Moreover, the phenomenon of private corporate incubators and accelerators gains traction, both in entrepreneurship theory and practice.

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