|M.Sc Student||Leibovitz Arie|
|Subject||The Technological Incubators as a Tool in Regional|
|Department||Department of Architecture and Town Planning||Supervisor||Professor Emeritus Daniel Shefer|
This research has examined the Israeli Technological Incubators Programme (ITIP) as a tool for regional development in general, and as a potential foundation for the development of industrial parks in particular. The research questions were designed to evaluate the degree of ITIP success, measured in terms of maturing projects and their ability to mobilize investment throughout the duration of the programme and, in particular, its aftermath. Particular attention has been directed towards the spatial distribution of the incubators, their specialization, and to the types of supporting services provided, taking into account their potential contribution to regional economic development. In addition, the functioning of the incubators and the satisfaction levels of incubator managers have also been examined.
The main conclusions arising from this research are:
i. Fundamental differences exist in incubator performance, which are attributed to the location of the incubator: the success rates of peripheral projects are significantly lower than those in other regions.
ii. The level of incubator specialization is not significantly related to the performance of projects during the Programme, but ‘graduates’ of specialized incubators are more successful in attracting post-incubator funding.
iii. There is no substitute to the public incubators programme - joint venture incubators (that is, privatized incubators) do not display greater degree of efficiencies, and along certain variables display negative influence on the level of project success rates.
In conclusion, some 13 years following the creation of the ITIP, the findings of this research point to a ‘success story’. The Programme has achieved most of its objectives and assisted many scientists - new immigrants as well as ‘native’ Israelis - to form high technology firms following their exit from the incubators. The Programme’s most obvious advantage is expressed in its instrumental role in realising relatively high-risk projects, which would not have been able to attract capital otherwise.