Abstract
The business incubation industry in China has been booming since the mid-1990s. However, the lack of a well-developed financial services sector has become a major bottleneck to the growth of the industry. Based on our visits to 12 Chinese business incubators around the country and interviews with their executives, we present our perspective on the state of the incubator industry in China with special emphasis on incubators' financial services for their incubatees.
Acknowledgements
We are grateful to the NetWorks Grant of the College of Business and the International Travel Grant of the Indiana State University for their generous support for this study. We also want to thank Qi Jiao, Hongwei Liu, Yuanyuan Xing, and Jiuping Wang for their invaluable help in getting incubator contacts and interpreter services. In addition, we would like to thank Chao-Wei Liu for translating the interview transcripts from Chinese to English.