BUSINESS INCUBATORS AS A TOOL FOR JOBS AND FIRM CREATION IN REGIONAL DEVELOPMENT: CONCEPTUAL FRAMEWORK AND FINDINGS FROM THE LITERATURE
Abstract
There are many support mechanisms for supporting newly established firms. Business incubators, one of them, are generally focused on supporting and promoting entrepreneurship, increasing employment through creating new job opportunities, enhancing local, regional and national R&D and innovativeness. The term of “incubator” is used to define supporting institutions to growth and survival of new firms. Business incubators are becoming a basic component of regional and national economic development strategies in many countries. In this study, the importance of business incubators in terms of local and regional economic development are discussed. Firstly, the concept of “business incubator” will be examined in terms of theoretical and conceptual perspective. Secondly, the importance of busines incubators for regional development will be mentioned. Then, some recommendations based on the findings of the literature will be presented for using busines incubators as a tools for regional development.
Keywords
References
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Details
Primary Language
English
Subjects
Economics , Business Administration
Journal Section
Research Article
Authors
Onur Sungur
MEHMET AKIF ERSOY UNIV
Publication Date
June 30, 2016
Submission Date
November 10, 2016
Acceptance Date
-
Published in Issue
Year 2016 Volume: 3 Number: 1
