Business incubators are intended to enhance the growth of new firms by minimizing business failures. The environment for incubators improved as governmental policies shifted their emphasis toward small business generation. However, not enough is understood about how, why, and under what...

The venture capital industry represents the high growth end of the enterprise development spectrum. To promote this high value activity, states have ventured into new development finance realms. This article reviews various state approaches and concentrates on a diversified strategy adopted by...