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| An Empirical Study on Incubator Performance Based on the Collaborative Development of Beijing—Tianjin—Hebei Region |
| Guo Huibin1,2,Xue Tingting1,He Miao3,Liu Donghua1 |
| (1. School of Business Administration, Hebei University of Economics and Business, Shijiazhuang 050061, China;2. School of Business Administration, Zhongnan University of Economics and Law, Wuhan 4300731, China;3. School of Finance and Economics, Henan Polytechnic University, Jiaozuo 454000，China) |
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Abstract The Beijing—Tianjin—Hebei coordinated development strategy includes a wide research niche in Beijing, a wide development niche in Tianjin, and a wide application niche in Hebei. The functional division of labor and resource allocation in the coordinated development system of the three places are effectively promoting the development of incubators in Hebei Province. Since the implementation of "mass entrepreneurship and innovation" (hereinafter referred to as "mass entrepreneurship and innovation"), the establishment of incubators in Hebei Province has accelerated significantly, and the role of incubators has become increasingly prominent. Scholars have begun to pay attention to the research of incubators, and the development of incubators can be evaluated through incubator performance. As a cradle to support the development of small and medium-sized enterprises, incubators play a role in helping enterprises grow and cultivating successful enterprises. At the same time, under the new situation of Beijing-Tianjin-Hebei interconnection, the incubator can realize the aggregation and integration of regional innovation resources, thereby changing its performance, such as improving the overall strength of the incubator, improving the survival rate of enterprises, and creating high-quality jobs and opportunities. Therefore, based on the input process and the final output, this paper discusses how the incubators in Hebei Province obtain external resources to promote their development and conducts a comprehensive study on the performance of incubators in Hebei Province.#br#The research on the performance of incubators in this paper firstly constructs an index system suitable for the research subject. By sorting out scholars’ classification of incubator performance indicators, we construct the incubator performance index system which describes input indicators from the three dimensions of human, material and financial resources; The output indicators are described from three dimensions of economic benefit, incubation benefit and social benefit. Secondly, the data range is selected according to the research situation. The data used in this paper are all from the China Torch Statistical Yearbook published by the Ministry of Science and Technology. The data starts from 2013. The main reason is that after the coordinated development of Beijing, Tianjin and Hebei was proposed in 2014, the development of incubators in Hebei Province has shown a growth rate, and each dimension index involves the intersection of Beijing-Tianjin-Hebei human, material and financial resources, which can better reflect the actual situation of incubator performance in the specific context of Beijing—Tianjin—Hebei coordinated development. The research on the performance of the incubator is carried out through empirical analysis, which makes the research of this paper more reliable.#br#The research results show that at this stage, human resources are important to support for the development of incubators, and they have a positive impact on the economic benefits, incubation benefits and social benefits of incubators. Increasing investment in human resources has a great impetus for the performance of incubators. As a resource with low mobility, material resources have a positive impact on hatching benefits and social benefits, and a negative impact on economic benefits. This is because in the context of the coordinated development of Beijing-Tianjin-Hebei, Hebei Province has a firm grasp of Beijing's non-capital functions, which is reflected in the transformation and development of old enterprises and the rise of new enterprises. The input of financial resources has a negative impact on both hatching benefit and social benefit. This is worth noting for the economic foundation is necessary for the growth of incubators or incubating enterprises, and the research results reflect that incubators are moving forward, especially in the dimension of financial resources.#br#From the research results, the development of the incubator is analyzed in a specific context. First, it enriches the relevant research on the incubator in a specific context and answers how the incubator utilizes the human, material and financial resources of the three places in the Beijing-Tianjin-Hebei collaboration. The development of incubators in Hebei Province are proved to have practical value. Secondly, it focuses on human, material and financial resources, and qualitatively and quantitatively evaluates the performance, avoiding serious deviation between performance measurement and actual incubator development. Finally, it provides valuable countermeasures for the improvement of incubator performance under specific circumstances.#br#
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Received: 07 July 2021
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