BUSINESS INCUBATORS IN CEE COUNTRIES – NEW COORDINATES FOR DEVELOPMENT Cover Image

Incubatoarele de afaceri in tarile CEE - noi coordonate pentru dezvoltare
BUSINESS INCUBATORS IN CEE COUNTRIES – NEW COORDINATES FOR DEVELOPMENT

Author(s): Laura Giurcă-Vasilescu
Subject(s): Economy
Published by: Editura Universitaria Craiova
Keywords: business incubators; start up firms; development; financing

Summary/Abstract: Business incubators are institutions that support the entrepreneurial process, helping to increase survival rates for innovative startup companies and for small companies. Entrepreneurs with feasible projects are selected and admitted into the incubators, where they are offered business support resources and services. Across Europe, in general, and in Central and Eastern European countries, in particular, there are a variety of business incubator models and precise modalities which reflect the local, regional and national circumstances and priorities. Although they share basic features in common, there are also significant differences relating to stakeholder objectives, target markets, and the precise configuration of incubator facilities and services. These differences are partly a reflection of location-specific factors of an economic, social, cultural, institutional, policy nature and it is important that these local factors are taken into account in defining best practice.

  • Issue Year: XXXVI/2008
  • Issue No: 2
  • Page Range: 674-684
  • Page Count: 11
  • Language: English