Reaching Entrepreneurs through Alternate Models : Lessons from Virtual Incubation Pilots
Entrepreneurship is an essential component of a growing and dynamic economy. It is a key driver of competition, innovation, and net job creation. The founders of these enterprises can innately gravitate toward cities or hubs that provide them with...
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| Format: | Working Paper |
| Language: | English en_US |
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Washington, DC
2014
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| Online Access: | http://documents.worldbank.org/curated/en/2014/01/20144937/reaching-entrepreneurs-through-alternate-models-lessons-virtual-incubation-pilots http://hdl.handle.net/10986/20107 |
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okr-10986-20107 |
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| recordtype |
oai_dc |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ACCESS TO CREDIT ACCESS TO FINANCE ACCESS TO FINANCING ACCESS TO THE INTERNET ADVISORY SERVICES ANGEL INVESTOR ANGEL INVESTORS ANGEL NETWORK ANGEL NETWORKS BARRIERS TO ENTRY BASIC BEST PRACTICES BUSINESS INCUBATION BUSINESS INCUBATOR BUSINESS INCUBATORS BUSINESS MODEL BUSINESS MODELS BUSINESS NETWORKS BUSINESS OPPORTUNITIES BUSINESS PLAN BUSINESS PLANS BUSINESS STARTUP BUSINESS SUPPORT BUSINESS-TO-BUSINESS BUSINESS-TO-CONSUMER CAPABILITY CAPITAL INVESTMENT COLLABORATION COMMUNITIES COMPANY COMPETITIVE ADVANTAGE COMPETITIVENESS COMPETITORS COMPONENTS CONTENT DEVELOPMENT CONTENT PROVIDERS COPYING COPYRIGHT CREDIT CARDS DEVELOPMENT OF ENTREPRENEUR DISTRIBUTION CHANNELS E-BOOKS E-COMMERCE E-LEARNING ECONOMIC DEVELOPMENT ECONOMIC GROWTH ELECTRICITY ENGINEERS ENTREPRENEUR ENTREPRENEURIAL CAPACITIES ENTREPRENEURS ENTREPRENEURSHIP ENTREPRENEURSHIP SUPPORT EXPANSION EXTERNAL FINANCE FINANCIAL SUSTAINABILITY FINANCING · ACCESS GEOGRAPHICAL AREA GLOBAL MARKETS GOVERNMENT ENTITIES GROWTH POTENTIAL HIGH TECHNOLOGY HUMAN RESOURCE INFORMATION SYSTEMS INITIAL PUBLIC OFFERINGS INNOVATION INNOVATION PROGRAM INTERFACE INTERNATIONAL BANK INTERNATIONALIZATION INVESTMENT CAPITAL IT SERVICES JOB CREATION JOB OPPORTUNITIES KNOWLEDGE ECONOMY LOCAL ENTREPRENEURS LOCALIZATION MARKET ACCESS MARKET ENTRY MARKETING MATCHING FUNDS MATERIAL MEDIA MEDIUM ENTERPRISES MOBILE PHONE MOBILE PHONE SUBSCRIBERS NET WORTH NETWORKING NEW BUSINESSES NEW TECHNOLOGY NEXT GENERATION ONLINE DISCUSSIONS ONLINE PAYMENTS ONLINE TRAINING OUTREACH OVERSEAS INVESTORS PARENT COMPANY PEER-TO-PEER PHONE SERVICES PHONES PHYSICAL BUILDING PILOT PROJECT PRIVATE SECTOR PRIVATE SECTOR FIRMS PRIVATE SECTORS PROFESSIONAL NETWORKS PROGRAMS REAL ESTATE RESULT RESULTS REVENUE MODEL SEARCH SEED FUNDING SELF-SUSTAINABILITY SERVICE PROVIDERS SILICON SOCIAL DEVELOPMENT SOCIAL RESPONSIBILITY SOURCE OF INCOME SPONSOR START-UP START-UP COSTS START-UPS STOCK MARKET STORE STORES SUPPLIERS TARGETS TECHNOLOGY PARKS TECHNOLOGY SECTOR TELECOM TELEPHONE TRADITIONAL BUSINESS UNEMPLOYMENT URBAN AREAS USERS VENTURE CAPITAL VENTURE CAPITAL FUNDS VENTURE CAPITALISTS VIDEO VIDEOS VIRTUAL BUSINESS WEB WEBSITE |
| spellingShingle |
ACCESS TO CREDIT ACCESS TO FINANCE ACCESS TO FINANCING ACCESS TO THE INTERNET ADVISORY SERVICES ANGEL INVESTOR ANGEL INVESTORS ANGEL NETWORK ANGEL NETWORKS BARRIERS TO ENTRY BASIC BEST PRACTICES BUSINESS INCUBATION BUSINESS INCUBATOR BUSINESS INCUBATORS BUSINESS MODEL BUSINESS MODELS BUSINESS NETWORKS BUSINESS OPPORTUNITIES BUSINESS PLAN BUSINESS PLANS BUSINESS STARTUP BUSINESS SUPPORT BUSINESS-TO-BUSINESS BUSINESS-TO-CONSUMER CAPABILITY CAPITAL INVESTMENT COLLABORATION COMMUNITIES COMPANY COMPETITIVE ADVANTAGE COMPETITIVENESS COMPETITORS COMPONENTS CONTENT DEVELOPMENT CONTENT PROVIDERS COPYING COPYRIGHT CREDIT CARDS DEVELOPMENT OF ENTREPRENEUR DISTRIBUTION CHANNELS E-BOOKS E-COMMERCE E-LEARNING ECONOMIC DEVELOPMENT ECONOMIC GROWTH ELECTRICITY ENGINEERS ENTREPRENEUR ENTREPRENEURIAL CAPACITIES ENTREPRENEURS ENTREPRENEURSHIP ENTREPRENEURSHIP SUPPORT EXPANSION EXTERNAL FINANCE FINANCIAL SUSTAINABILITY FINANCING · ACCESS GEOGRAPHICAL AREA GLOBAL MARKETS GOVERNMENT ENTITIES GROWTH POTENTIAL HIGH TECHNOLOGY HUMAN RESOURCE INFORMATION SYSTEMS INITIAL PUBLIC OFFERINGS INNOVATION INNOVATION PROGRAM INTERFACE INTERNATIONAL BANK INTERNATIONALIZATION INVESTMENT CAPITAL IT SERVICES JOB CREATION JOB OPPORTUNITIES KNOWLEDGE ECONOMY LOCAL ENTREPRENEURS LOCALIZATION MARKET ACCESS MARKET ENTRY MARKETING MATCHING FUNDS MATERIAL MEDIA MEDIUM ENTERPRISES MOBILE PHONE MOBILE PHONE SUBSCRIBERS NET WORTH NETWORKING NEW BUSINESSES NEW TECHNOLOGY NEXT GENERATION ONLINE DISCUSSIONS ONLINE PAYMENTS ONLINE TRAINING OUTREACH OVERSEAS INVESTORS PARENT COMPANY PEER-TO-PEER PHONE SERVICES PHONES PHYSICAL BUILDING PILOT PROJECT PRIVATE SECTOR PRIVATE SECTOR FIRMS PRIVATE SECTORS PROFESSIONAL NETWORKS PROGRAMS REAL ESTATE RESULT RESULTS REVENUE MODEL SEARCH SEED FUNDING SELF-SUSTAINABILITY SERVICE PROVIDERS SILICON SOCIAL DEVELOPMENT SOCIAL RESPONSIBILITY SOURCE OF INCOME SPONSOR START-UP START-UP COSTS START-UPS STOCK MARKET STORE STORES SUPPLIERS TARGETS TECHNOLOGY PARKS TECHNOLOGY SECTOR TELECOM TELEPHONE TRADITIONAL BUSINESS UNEMPLOYMENT URBAN AREAS USERS VENTURE CAPITAL VENTURE CAPITAL FUNDS VENTURE CAPITALISTS VIDEO VIDEOS VIRTUAL BUSINESS WEB WEBSITE World Bank Group Reaching Entrepreneurs through Alternate Models : Lessons from Virtual Incubation Pilots |
| description |
Entrepreneurship is an essential
component of a growing and dynamic economy. It is a key
driver of competition, innovation, and net job creation. The
founders of these enterprises can innately gravitate toward
cities or hubs that provide them with the resources needed
to start or grow their businesses. A 2013 report by Endeavor
on what attracts entrepreneurs to cities (What Do the Best
Entrepreneurs Want in a City?) noted that entrepreneurs are
able to find relevant talent, resources, access to customers
and suppliers, and often incentives such as lower taxes and
business-friendly regulations in metropolises. infoDev
focuses on enabling the start-up and growth of innovative
enterprises. infoDev designed a small pilot project to test
the merits and values of virtual incubation, recognizing
that many innovative entrepreneurs in emerging and
developing markets may be situated in less urban areas and
that often even the more developed cities lack access to
basic resources, such as access to Internet, electricity, or
other services and talent. Virtual incubation aims to bring
the range of services and tools provided by traditional
business incubation to the entrepreneur, in contrast to the
entrepreneur availing those services and tools at a fixed
location. In addition, understanding that an entrepreneur
may have varying needs, virtual incubation provides a more
diverse range of these services and tools. This includes
outreach services, drop-in services and facilities, online
tools, consultancy, mentoring, and networking. The pilot
project focused on Vietnam and aimed to assess the
cost-effectiveness, sustainability, and impact of services
and tools provided to entrepreneurs through this
intervention. The pilot comprised a number of activities,
including the development of a new generation of
entrepreneurs in the country, the establishment of angel
networks, the dissemination of best practices, and the
expansion of entrepreneurial networks and communities across
major hubs in Vietnam. |
| format |
Publications & Research :: Working Paper |
| author |
World Bank Group |
| author_facet |
World Bank Group |
| author_sort |
World Bank Group |
| title |
Reaching Entrepreneurs through Alternate Models : Lessons from Virtual Incubation Pilots |
| title_short |
Reaching Entrepreneurs through Alternate Models : Lessons from Virtual Incubation Pilots |
| title_full |
Reaching Entrepreneurs through Alternate Models : Lessons from Virtual Incubation Pilots |
| title_fullStr |
Reaching Entrepreneurs through Alternate Models : Lessons from Virtual Incubation Pilots |
| title_full_unstemmed |
Reaching Entrepreneurs through Alternate Models : Lessons from Virtual Incubation Pilots |
| title_sort |
reaching entrepreneurs through alternate models : lessons from virtual incubation pilots |
| publisher |
Washington, DC |
| publishDate |
2014 |
| url |
http://documents.worldbank.org/curated/en/2014/01/20144937/reaching-entrepreneurs-through-alternate-models-lessons-virtual-incubation-pilots http://hdl.handle.net/10986/20107 |
| _version_ |
1764444784763600896 |
| spelling |
okr-10986-201072021-04-23T14:03:54Z Reaching Entrepreneurs through Alternate Models : Lessons from Virtual Incubation Pilots World Bank Group ACCESS TO CREDIT ACCESS TO FINANCE ACCESS TO FINANCING ACCESS TO THE INTERNET ADVISORY SERVICES ANGEL INVESTOR ANGEL INVESTORS ANGEL NETWORK ANGEL NETWORKS BARRIERS TO ENTRY BASIC BEST PRACTICES BUSINESS INCUBATION BUSINESS INCUBATOR BUSINESS INCUBATORS BUSINESS MODEL BUSINESS MODELS BUSINESS NETWORKS BUSINESS OPPORTUNITIES BUSINESS PLAN BUSINESS PLANS BUSINESS STARTUP BUSINESS SUPPORT BUSINESS-TO-BUSINESS BUSINESS-TO-CONSUMER CAPABILITY CAPITAL INVESTMENT COLLABORATION COMMUNITIES COMPANY COMPETITIVE ADVANTAGE COMPETITIVENESS COMPETITORS COMPONENTS CONTENT DEVELOPMENT CONTENT PROVIDERS COPYING COPYRIGHT CREDIT CARDS DEVELOPMENT OF ENTREPRENEUR DISTRIBUTION CHANNELS E-BOOKS E-COMMERCE E-LEARNING ECONOMIC DEVELOPMENT ECONOMIC GROWTH ELECTRICITY ENGINEERS ENTREPRENEUR ENTREPRENEURIAL CAPACITIES ENTREPRENEURS ENTREPRENEURSHIP ENTREPRENEURSHIP SUPPORT EXPANSION EXTERNAL FINANCE FINANCIAL SUSTAINABILITY FINANCING · ACCESS GEOGRAPHICAL AREA GLOBAL MARKETS GOVERNMENT ENTITIES GROWTH POTENTIAL HIGH TECHNOLOGY HUMAN RESOURCE INFORMATION SYSTEMS INITIAL PUBLIC OFFERINGS INNOVATION INNOVATION PROGRAM INTERFACE INTERNATIONAL BANK INTERNATIONALIZATION INVESTMENT CAPITAL IT SERVICES JOB CREATION JOB OPPORTUNITIES KNOWLEDGE ECONOMY LOCAL ENTREPRENEURS LOCALIZATION MARKET ACCESS MARKET ENTRY MARKETING MATCHING FUNDS MATERIAL MEDIA MEDIUM ENTERPRISES MOBILE PHONE MOBILE PHONE SUBSCRIBERS NET WORTH NETWORKING NEW BUSINESSES NEW TECHNOLOGY NEXT GENERATION ONLINE DISCUSSIONS ONLINE PAYMENTS ONLINE TRAINING OUTREACH OVERSEAS INVESTORS PARENT COMPANY PEER-TO-PEER PHONE SERVICES PHONES PHYSICAL BUILDING PILOT PROJECT PRIVATE SECTOR PRIVATE SECTOR FIRMS PRIVATE SECTORS PROFESSIONAL NETWORKS PROGRAMS REAL ESTATE RESULT RESULTS REVENUE MODEL SEARCH SEED FUNDING SELF-SUSTAINABILITY SERVICE PROVIDERS SILICON SOCIAL DEVELOPMENT SOCIAL RESPONSIBILITY SOURCE OF INCOME SPONSOR START-UP START-UP COSTS START-UPS STOCK MARKET STORE STORES SUPPLIERS TARGETS TECHNOLOGY PARKS TECHNOLOGY SECTOR TELECOM TELEPHONE TRADITIONAL BUSINESS UNEMPLOYMENT URBAN AREAS USERS VENTURE CAPITAL VENTURE CAPITAL FUNDS VENTURE CAPITALISTS VIDEO VIDEOS VIRTUAL BUSINESS WEB WEBSITE Entrepreneurship is an essential component of a growing and dynamic economy. It is a key driver of competition, innovation, and net job creation. The founders of these enterprises can innately gravitate toward cities or hubs that provide them with the resources needed to start or grow their businesses. A 2013 report by Endeavor on what attracts entrepreneurs to cities (What Do the Best Entrepreneurs Want in a City?) noted that entrepreneurs are able to find relevant talent, resources, access to customers and suppliers, and often incentives such as lower taxes and business-friendly regulations in metropolises. infoDev focuses on enabling the start-up and growth of innovative enterprises. infoDev designed a small pilot project to test the merits and values of virtual incubation, recognizing that many innovative entrepreneurs in emerging and developing markets may be situated in less urban areas and that often even the more developed cities lack access to basic resources, such as access to Internet, electricity, or other services and talent. Virtual incubation aims to bring the range of services and tools provided by traditional business incubation to the entrepreneur, in contrast to the entrepreneur availing those services and tools at a fixed location. In addition, understanding that an entrepreneur may have varying needs, virtual incubation provides a more diverse range of these services and tools. This includes outreach services, drop-in services and facilities, online tools, consultancy, mentoring, and networking. The pilot project focused on Vietnam and aimed to assess the cost-effectiveness, sustainability, and impact of services and tools provided to entrepreneurs through this intervention. The pilot comprised a number of activities, including the development of a new generation of entrepreneurs in the country, the establishment of angel networks, the dissemination of best practices, and the expansion of entrepreneurial networks and communities across major hubs in Vietnam. 2014-09-12T21:09:00Z 2014-09-12T21:09:00Z 2014 http://documents.worldbank.org/curated/en/2014/01/20144937/reaching-entrepreneurs-through-alternate-models-lessons-virtual-incubation-pilots http://hdl.handle.net/10986/20107 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ Washington, DC Publications & Research :: Working Paper Publications & Research |