Value of Incubation Centers for Business Innovation
What is according to you the value of incubation centers to the innovation process?
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COULIBALY Moustapha, Cote Divoire (Ivory Coast)
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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.
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