When representatives of NASA's Kennedy Space Center wanted to know if there is a recipe for successful technology business incubation, they asked Cris Johnsrud, director of research and planning at the Southern Technology Applications Center (STAC), to find out.
"The answer is no," Johnsrud says, "but there are certain ingredients that successful technology incubators seem to have in common."
To uncover those ingredients, Johnsrud consulted many sources. "We looked at information from our online data sources, we talked with individuals who operate business incubators and relied a lot on NBIA publications – collections of materials on best practices and creating technology-based incubators. We also looked through files of correspondence and the history of incubator development – and then we looked for similarities," she says.
Keywords: best practices
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