Outlook · Volume 13 · 2015

Business incubators as a tool for the development and growth of start-up companies in the Arab world, Emhamad Elmansouri

Emhamad Elmansouri
Omar Al-Mukhtar University
Libya
Purpose

Business incubation facilitates the development and growth of start-up companies by providing entrepreneurs with resources and services. Incubator management usually develops these services that are offered by its wide network of contacts. Therefore, the aim of this research to contribute to general knowledge about the economic growth and development impacts of business incubators, thereby assisting Arab governments and policymakers in establishing environments that would facilitate entrepreneurship and national development.

Design/Methodology/Approach

To meet this aim, qualitative research approach used. Interviews with 12 of Arab experts in this field were conducted to understand how to establish and implement business incubation programmes.

Findings

The results of this research show that businesses that have been through an incubator programme are far more likely to succeed in the long term.

Original/Value of the Paper

The research concluded by providing governments with guidelines for using incubators to foster technology transfer and commercialisation, which contributes to entrepreneurship and economic development in developing countries and other Arab countries, with particular consideration in Libya.

Keywords
Arab WorldEntrepreneurshipIncubators and innovation
Citation

Elmansouri, E.(2015): Business incubators as a tool for the development and growth of start-up companies in the Arab world, World Sustainable Development Outlook 2015, Vol 13, pp.195-204