Abstract
PurposeTo generate and test a coherent framework of incubation strategies and interventions that can be deployed to encourage enterprise development through new venture creation in local economies.Design/methodology/approachPostal questionnaire to new ventures, combined with ongoing engagement of and consultation with incubation practitioners and local economic development professionals.FindingsSeven generic incubation strategies were identified and developed. Four focus on a premises‐driven approach to incubation, and three on a more process‐based approach. All seven strategies represent opportunities for tailored and hence targeted approaches to the development of incubators and incubation services.Research limitations/implicationsThe study focused on one rural county in England. There is a need to test the strategies in other contexts, to determine their wider relevance.Practical implicationsThe seven incubation strategies can be used to develop tailored approaches to incubation, within a comprehensive framework of incubation “options”. The authors suggest that a combination of approaches is developed as the basis for effective local incubation practice.Originality/valueThe paper provides a framework for developing incubation strategies that offers coherence and the opportunity for “bottom‐up” yet integrated approaches.
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