Incubators, accelerators and regional economic development

Research output: Working paper


  • Margarida Madaleno
  • Max Nathan
  • Henry Overman
  • Sevrin Waights

Colleges, School and Institutes

External organisations

  • London School of Economics and Political Science, The (LSE)
  • DIW Berlin


A growing wave of co-location programmes promises to boost growth for young firms. Despite great public and policy interest we have little idea whether such programmes are effective. This paper categorises accelerators and incubators within a larger family of ‘co-location' interventions. We then develop a single framework to theorise workspace-level impacts. We summarise available evaluation evidence and sketch implications for regional economic policy. We find clear evidence programmes are effective overall. But we know little about how effects operate – or who benefits. Providers and policymakers should experiment further to establish optimal designs.


Original languageEnglish
Place of PublicationLondon
PublisherCentre for Economic Performance
Number of pages26
Publication statusPublished - 1 Sep 2018

Publication series

NameCEP Discussion Paper
PublisherCentre for Economic Performance, LSE
ISSN (Electronic)2042-2695