Management Professors Present Research on Business Incubators at Two Prestigious Conferences

Written by: Christina Crovetto,
Associate Professor Ellen Thomas and Assistant Professor Cesar Bandera of NJIT's Martin Tuchman School of Management recently presented their research on business incubators at two prestigious conferences: the inaugural IEEE Technology and Engineering Management Society Conference and the Babson College Entrepreneurship Research Conference. Thomas and Bandera studied the performance of 5,000 startups across the United States and found that while entrepreneurs may seek to join ecosystems such as NJIT’s own Enterprise Development Center, some entrepreneurs will not take advantage of the opportunities for collaboration that these ecosystems provide. Those entrepreneurs who do reach out tend to build startups with significantly greater employment and odds of survival. With such ecosystems becoming more prevalent as ways to promote regional economies, Thomas and Bandera advise policy makers and ecosystem administrators to ensure that the members of the ecosystem are active participants and not “zombie entrepreneurs.”