The efficiency of Incubators in Startups Performance in France

Abstract

This research reviews the recent development of public and private business incubators in France and Korea. Despite several government attempts to provide tax incentives and infrastructure for young firms, the European business environment still compares unfavorably to the US. Incubators are supposed to help these companies in establishing themselves. While documenting the characteristics of incubators in France, we will look at how incubators impact young firms performance. First, I will explore the strategic positioning and service offer of various incubators to see how they try to accelerate the development of entrepreneurship. Then, I will examine the perception of previously incubated startups regarding the incubation program they followed. Most importantly, I will try to identify the best practices of French incubators in order to draw valuable lessons on the characteristics a successful incubator should have. I believe the insights of this study will help existing and new startups in France to choose the right incubator for their project in order to thrive. Finally, I will discuss whether these practices could be applied to South Korean incubators.

Key words: Incubators, Start-ups, Incubation Process, Incubators Efficiency, Accelerators, France.