Abstract

The primary aim of this study is to understand the success factors for technology business incubators (TBIs) in the Philippine innovation ecosystem and their impact on society. The research focuses on the regional ecosystem in Davao City and is augmented by accelerators in Makati, Metro Manila. Using a case approach, we conducted a series of interviews with directors of key ecosystem organizations and synthesized the findings. The findings reveal that the incubator’s purpose is the most critical driver of its success, more so than its strategy or support mechanisms. At the same time, incubator support was highly correlated with the strategy of the incubator. Furthermore, the wider impact of the incubator on both society and the innovation ecosystem showed a significant correlation with both strategy and support.

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