Brookings-Sadat Forum: Algeria

The following is the edited text of a discussion at the Sadat Forum held at the Brookings Institution on September 10, 1998. The cosponsors are the Brookings Foreign Policy Program and the Anwar Sadat Chair for Peace and Development at the University of Maryland.     

Utilitarian Multilateralism: The Implications of 11 September 2001 for US Foreign Policy

The 11 September terrorist attacks have led the United States to reassess its foreign policy. The overwhelming priority is the defeat of terrorism and to further this end the United States is prepared to engage with states, regardless of their democratic credentials, willing and able to help the United States on the terrorist front. There is little sign, however, that the new-found interest in promoting multilateral co-operation to deal with terrorism is spilling over into other policy areas. The United States shows no sign of modifying its opposition to a number of international treaties and agreements – such as Kyoto, CTBT or the ICC – all of which its closest allies support. The US approach may be described as 'utilitarian multilateralism'.     

Do graduated university incubator firms benefit from their relationship with university incubators?

Business incubators have become a popular policy option and economic development intervention tool. However, recent research shows that incubated firms may not benefit significantly from their incubator relationships, and may even be more vulnerable to failure post departure (graduation) from an incubator. These findings suggest that the impact of business incubation on new venture viability may be contingent on the type of support offered by an incubator and attributes of business environments within which incubation services are provided. Incubation services that protect and isolate ventures from key resource dependencies may hinder venture development and increase subsequent vulnerability to environmental demands. Alternatively, incubation services that help ventures connect and align with key resource dependencies are likely to promote firm survival. We propose that incubators vary in the services and resources they offer, and that university incubators typically provide greater connectivity and legitimacy with respect to important contingencies associated with key industry and community stakeholders. This leads us to propose that university affiliation is an important contingency that affects the relationship between firms’ participation in incubators and their subsequent performance. The purpose of this study is to evaluate this contingency by examining whether firms graduating from university incubators attain higher levels of post-incubation performance than firms participating in non-university affiliated incubators. We test this by evaluating the performance of a sample of graduated firms associated with the population of university-based incubators in the US contrasted against the performance of a matched cohort of non-incubated firms. The analysis uses an enhanced dataset that tracks the number of employees, sales, and the entry and graduation (departure) points of incubated firms from a university incubation program, so as to delineate the scope of influence of the incubator.