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Commercial Incubation Mechanism From The Perspective Of Competitive Advantage Cultivation

Posted on:2020-06-12Degree:MasterType:Thesis
Country:ChinaCandidate:M S XuFull Text:PDF
GTID:2439330596963737Subject:Business Administration
Abstract/Summary:PDF Full Text Request
"Public entrepreneurship and innovation" has become the theme of the Modern times.These years,under the call of national policies,incubators all over China have sprung up,but little can many any effect in the market among those creative products.Let alone built any Unicorn company through the Startups.In a word,the low survival rate of China's overall entrepreneurship incubation has become a prominent social problem.However,in the commercial incubation such as those located in the USA and Iserael,things are totally different.Most of them have a very high success rate and product innovation has become a trend in the society.So,their experience in running a successful incubation may give us many inspirations,and their business incubation patterns deserves our in-depth study.This article will start with the exploration of the market competitive advantage cultivation mechanism of the incubation project.The study selected three commercial incubators,which located in the USA(Y Combinator,Playground Global,and HAX)to study the mechanism of resource agglomeration and competitive advantage formation in the business incubation model and incubation process.Repeated validation in three cases found that the high incubation success rate of business incubators was mainly due to their strict selection of incubation programs and a more efficient incubation process.The operational team with extensive market experience in resource aggregation plays a central role in helping the incubator to leverage multiple platform effects.In terms of the formation mechanism of competitive advantage,the professional operation team is the foundation of the effective operation of the entire mechanism.On the one hand,it promotes the high embedding of the incubator into the entrepreneurial ecosystem,and gradually helps the new ventures to establish their own operational and operational capabilities in project selection,entrepreneurial culture shaping and various platform effects,and ultimately achieve the purpose of promoting the competitive advantage of the entrepreneurial project market.This ensures the success of the project.This discovery will help promote the clear improvement direction of China's business incubation and improve the efficiency of business incubation.
Keywords/Search Tags:Business incubator, Business ecosystem, Entrepreneur resources, Dynamic competitive, Platform effects, Competitive Advantage
PDF Full Text Request
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