The technological incubators program as a growth generator of peripheral areas in Israel

In this research, we examine the peripheral technological incubators program in Israel. Our aim is to learn what the required structural and supporting conditions are that may result in substantial social-economic environmental change in peripheral areas. We used the value chain concept to frame such a model, arguing that the technological incubator must support and facilitate technological companies’ path through the different stages of their evolution to ensure their sustainability and maturity in the peripheral area. We found that the main challenge of a peripheral incubator is to build an ecosystem that can support the newly-born ventures during their development in the incubator, and after they leave the incubator. This can be achieved by depending on local strategic partners to serve as mentors to the newly-born companies, and by providing access to scientific facilities in universities or hospitals.