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Analysis of Effectiveness of Business Incubators as a Part of Start-up Development

Student: Anton Usachev

Supervisor: Evgeny Tsaplin

Faculty: Graduate School of Business

Educational Programme: Management (Bachelor)

Year of Graduation: 2018

Despite the proliferating number of start-up programs such as business incubators and accelerators, start-ups are still exposed to a high risk of failure and still there is only scarce research that shows the positive correlation between participation in these programs and actual success of a start-up. In this paper, we aim for proposing recommendations for start-up CEOs on choosing an incubation program as a way of future development and participating in it based on the review of the current academic literature regarding the effectiveness of business incubators and our own empirical research on the HSE Business Incubator. We propose that business incubators, in fact, can accelerate a start-up’s growth, as well as its failure. Our findings partially prove this idea and also suggest directions for further research.

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