Incubator policy in New Zealand is deliberately oriented to generate growth-oriented and internationally competitive SMEs. The rationale for this lies in the country‘s remoteness from the rest of the world and its relatively small domestic market. Therefore economic development is highly dependent on a strong export sector and hi-tech, high growth companies which can build bridges‘ with the rest of the world and export their knowledge in particular.
This case study has been produced as part of the World Bank infoDev project on developing a policy framework and implementation strategy for business incubators in Ghana. The purpose of the case study is to analyse public policy in incubator development and identify some critical success factors which should be considered in the development of incubators in Ghana. The New Zealand study was conducted using desk research and an in-country visit to meet some of the key players involved in incubator development, including government officials and incubator managers.