Key Role of High-Tech Business Incubators Sustainable Governance in the Post-Covid Era

Abstract

The goal of the paper is to study what effects can be achieved by guiding and supporting tenants of high-tech business incubators and which benefits we can expect for entrepreneurial ecosystem established after pandemic. Many authors have explored social and economic impact that accelerators and incubators can generate, but we can also detect a certain lack of academic literature when it comes to COVID-19 and post-COVID determinants in this environment. Authors have gone deep into interpretive content analysis of secondary sources in order to shed a light on these observations. Examination of previously available research was conducted; top tier academic literature and many articles on the business incubation management were reviewed and many relevant industry reports were analyzed. The goal is to get a hold of profound understanding of the context and qualitative aspect of the narrative created by existing case studies and academic sources. Therefore the emphasis is on narrative and why conclusions should be approached with this in mind, since generalization is partially limited. Focus of the examination is mainly oriented towards high-tech startup business incubators and their contribution to different functions in society. New context created by pandemic dictates new business models, creative spin on traditional frameworks and innovative practices, which are particularly significant for accelerators that nurture high-tech startups. It can be concluded that sustainable governance of incubators can lead to development of entrepreneurial skills and mindset, creation of modern and innovative solutions and business models and progress of society in general.