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Now that we are smack in the middle of a technology upcycle, it is not really a surprise that we are beginning to hear more and more about "incubators." If you have been around the block as many times as I have, you may remember the sharp increase in such experiments about a decade ago. At that time, if a group offered free office space, bandwidth, other perks (including access to capital) and facilities, it was called an incubator. According to a Harvard Business School study, during the dot-com boom, there were 350 incubators.
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As the dot-com boom progressed, "incubator" became a much-maligned term. Thus, the idea of a metacompany was born. It was a concept coined by Anil K. Gupta, then a visiting faculty member in the Stanford (University) Technology Ventures Program (and otherwise a professor of strategy and global e-business at the Robert H. Smith School of Business at the University of Maryland at College Park).

To read the full, original article click on this link: Wyld About Technology: Om Says / Can You Really Incubate the Next Big Thing?