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Entrepreneurship and innovation have been widely accepted as essential sources of business success, high value added job creation and national economic development. A wide array of mechanisms is being promoted to support innovative entrepreneurship.Among these mechanisms business incubators and related enterprise support systems have emerged worldwide as highly popular methods for promotion of economic development.
This research examine the relation between the characteristics and business incubators performance in three countries: Chile, Israeli and Italy.
The success of an incubator
depends on the performance of its tenants and thus an incubator benefits from limiting the tenant failure rate. One way of minimising the number of tenant failures is to subject potential ‘clients’ to a severe assessment process (Aerts, Matthyssens and Vandenbempt,
2007).
Integrates theory and empirical data to investigate links between characteristics and business incubators performance. Structured interviews and questionnaires will be used to develop the research. Provides a concise description of the Chile, Israeli and Italy business incubators program and presents the characteristics of the data available. The data collection includes formal and informal open interviews.
In conclusion, incubators contribute to the international economy and play a vital role not only in economic recovery but also in smart growth and economic development. International adaptation leads to the support of diverse economies, jobs creation, wealth building, the support of an entrepreneurshipial climate, fostering the innovation to commercialize new technologies and jobs creation.
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