Wow, and they sell this guide for $149! I think "bubble" is misused here. For example, one talks about the "housing bubble" in China (currently a big problem there). What this means (in layman's terms, which is how I understand complicated economic stuff like this) is that the value of something has gone way up than normal due to some factor, which may or may not be artificial manipulation (since price of something is dynamically determined, the meaning of "higher than normal" is a bit complex).
Now, in the case of incubators, they report that there's a 3x increase 2 years. This may be healthy development filling a need or it may that there are a lot unnecessary incubators. You can't tell at this stage, since the optimum number of incubators determined by market conditions is hard to tell.
The more you think about the harder it seems to judge the success of incubators, but in the end it comes down to money earned: how much it invested - values of current holdings is one simple way of doing it, I think (although this doesn't take into account other criteria, such as attracting companies to a region, which may important for some incubators).
Comments
Wow, and they sell this guide for $149! I think "bubble" is misused here. For example, one talks about the "housing bubble" in China (currently a big problem there). What this means (in layman's terms, which is how I understand complicated economic stuff like this) is that the value of something has gone way up than normal due to some factor, which may or may not be artificial manipulation (since price of something is dynamically determined, the meaning of "higher than normal" is a bit complex).
Now, in the case of incubators, they report that there's a 3x increase 2 years. This may be healthy development filling a need or it may that there are a lot unnecessary incubators. You can't tell at this stage, since the optimum number of incubators determined by market conditions is hard to tell.
The more you think about the harder it seems to judge the success of incubators, but in the end it comes down to money earned: how much it invested - values of current holdings is one simple way of doing it, I think (although this doesn't take into account other criteria, such as attracting companies to a region, which may important for some incubators).