Government involvement and financial service intensity: a comparative study of three business incubators in China

摘要

Drawing on interview and archival data collected from three business incubators in China, we conducted an in-depth study of Chinese business incubators to assess the impact of varying levels of government involvement on the nature of financial services provided by the incubator to its incubatee clients. Financial services were classified on a spectrum of low to medium to high intensity based on the depth of incubator involvement and level of risk. We found an inverse relationship between the two key variables - the lower the government involvement the greater the financial service intensity and vice versa. Managerial and policy implications of the findings are discussed.