Student Name: Nguyen Dinh Bao Loc Student Number: 277251 Article Summary

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Student name : Nguyen Dinh Bao Loc

Student number : 277251


ARTICLE SUMMARY

A study by Pivi Eriksson* and Tero Montonen (1998) examined the roles of incubation
managers and its impact on incubation processes. The objective of the research is to demonstrate
and analyze the role of incubation managers in business and organization development as
external project consultant and internal coach. It was illustrated why incubation managers need
both roles equally and how they integrate these into the incubation process.
Numerous studies were cited in relation to and support of the study. Traditional view about
innovation which occurs within the firm (Chesbrough, 2006; Gassmann et al., 2010) has been
strongly linked to co-innovation idea and impact. Reactive approach which provide support to
clients from incubator correlated with proactive approach that incubator took part in with clients,
this is also referred to as difference in incubator strategy (Rice, M.P 2002). Also the lack of focus
on micro-level of interaction between incubation managers and their clients is emotionally
relevant to the overemphasis on business development and underemphasis on organizational
development.

Method

An incubation project which led by a local innovation centre was used for the study. The case is a
firm which generated new product ideas entered the project, and the business person and the
incubated managers started contemplating conceivable answers for the issues that the business
visionary had watched concerning how to ensure heaps of fuel, for example, peat and wood
chips.
Results

The results illustrates the key issues that the incubation managers focus on when coordinating
both of their roles. The consulting role is described as more directed with pre-distinguished areas
for consideration that are determined in their predesigned model, and also the work continued
iteratively, however with the reasonable target of taking all procedures forward in a quick and
proficient way. On the other hand, the coaching role is more complex by centering on client
advancement and there are no pre-designed model to apply.

Discussion

The analysis of the case illustrated clearly how incubation managers incorporated both their roles
with a specific end goal to help a business person in propelling another business in view of
another covering strategy that they concocted together. Moreover, the way incubation managers
consolidated a few parts of outside and interior consultants results for their work. The results of
the analysis demonstrated that there are 3 types of managerial implications which incubation
managers can benefit from.

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