Developing an Effective Technological Incubator

Abstract

A considerable number of highly educated engineers emigrated from the former USSR to Israel in 1989–92. As a partial solution for their employment, the Israeli government established 28 technological incubators for developing and commercializing innovative technological ideas. These incubators faced three serious challenges. First, a blueprint was needed on how to organize incubators for maximum benefit to new entrepreneurs. Second, criteria had to be developed for the acceptance of new projects. And third, project groups had to be structured so as eventually to result in successful independent enterprises.

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