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Article: Incubators: The Blueprint for New Economy Companies.(Brief Article)
- Article from:
- Los Angeles Business Journal
- Article date:
- March 27, 2000
- Author:
CopyrightCOPYRIGHT 2000 CBJ, L.P. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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By now we've all heard the huge explosion heralding the entry of the incubator into the new economy. Building on the success of such ventures as Idealab!, founded in 1996 by Bill Gross, the business incubator has become the hot new way to get your idea to market fast, to give budding entrepreneurs the access they need to critical Internet time, while providing their less "creative" functions like office space, technology infrastructure and back office accounting.
Once the domain of not-for-profits like universities and local economic development agencies, incubators have suddenly surfaced as a great way for the for-profit sector to tap into the riches promised by ...