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Incubators, accelerators and regional economic development

Madaleno, Margarida; Nathan, Max; Overman, Henry; Waights, Sevrin; (2018) Incubators, accelerators and regional economic development. (CEP Discussion Paper 1575). Centre for Economic Performance: London, UK.

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Abstract

A growing wave of co-location programmes promises to boost growth for young firms. Despite great public and policy interest we have little idea whether such programmes are effective. This paper categorises accelerators and incubators within a larger family of ‘co-location' interventions. We then develop a single framework to theorise workspace-level impacts. We summarise available evaluation evidence and sketch implications for regional economic policy. We find clear evidence programmes are effective overall. But we know little about how effects operate – or who benefits. Providers and policymakers should experiment further to establish optimal designs.

Type: Working / discussion paper
Title: Incubators, accelerators and regional economic development
Publisher version: https://cep.lse.ac.uk/pubs/download/dp1575.pdf
Language: English
Additional information: This version is the version of record. For information on re-use, please refer to the publisher’s terms and conditions.
UCL classification: UCL
UCL > Provost and Vice Provost Offices > UCL BEAMS
UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment
UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment > Centre for Advanced Spatial Analysis
URI: https://discovery.ucl.ac.uk/id/eprint/10175130
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