Dynamic Capabilities of Business Incubation for new Concepts of Services: A Best Practice Case Study if ITU Technology Park in Turkey

Emergence of a dynamic entrepreneurship ecosystem around a technology park requires crafting of a number of endogenous service mechanisms, as well as orchestration of a series of external potencies. In this paper, we develop a case study of the emergence of the entrepreneurship ecosystem aroundIstanbul Technical University, with the help of a number of service mechanisms for business incubation that are designed and operated by ITU ARI Teknokent. These mechanisms involve an integrated and comprehensive early‐stage incubator/accelerator/competition, a scale‐up incubator for established startups and an international acceleration program for post‐revenue start‐ups and born‐global early stage teams. According to this model, any start‐up that wants to benefit from this integrated approach, mayselect a matching program according to their maturity level and their desired impact. The approach has generated dynamic interactions and major start‐up accumulation around ITU ARI Teknokent, making itone of the most successful science parks of Turkey.