|
Aidan Grimes, Ireland
|
Value of Incubation Centers for Business Innovation
What is according to you the value of incubation centers to the innovation process?
X
Welcome to the Business Incubators forum. The topic being discussed here is: "Value of Incubation Centers for Business Innovation".
Will you join us? It's free.
Log in
| |
|
Danish Rayola
Business Consultant, Kenya
|
|
Business Incubators Important to New Ventures / Startups
Business incubators by definition and scope of operation amount to business support services providers specializing in startups.
The great benefit of business incubators is the expertise and knowledge accumulated over time they pass to the new ventures to ensure they achieve growth, sustainability and improved firm performance.
|
| |
|
Elisabetta Cannova
Teacher, Italy
|
|
Role of Business Incubation Centres
I would like to also stress the role of incubators, within the "innovation processes", in fostering the human capital empowerment.
|
| |
|
COULIBALY Moustapha, Cote Divoire (Ivory Coast)
|
|
Value of Incubation Centers
Generally 50% of start up firms fail in their first 3 years of activity. The reason is essentially not the lack of competencies, but that their ideas are not mature. Incubators cover young entrepreneurs by providing a contact network, and all other elements necessary for success of young innovative companies. They are a success accelerator and using them should be promoted.
|
| |
|
Joshua Mutambi
Student (University), Sweden
|
|
Value of Incubation Centers
The innovation process starts with idea generation. The conversion process from an idea to an operating company/product/process/service is not easy.
One will need structural conditions and personal d...
|
|
|
|
|
More on Business Incubators:
|
|
|
|
Log in