THE ROLE AND IMPORTANCE OF BUSINESS INCUBATORS IN THE CURRENT ECONOMIC CONTEXT
In transition to a sustainable economy, the development of the private sector and especially entrepreneurship has an essential role, contributing to the adaptation of society to contemporary challenges and facilitating economic, social and cultural progress. If we consider that entrepreneurship stim...
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| Format: | Article |
| Language: | English |
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University of Petrosani
2022-12-01
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| Series: | Annals of the University of Petrosani: Economics |
| Subjects: | |
| Online Access: | https://www.upet.ro/annals/economics/pdf/2022/p2/19).%20Nitescu_2.pdf |
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| Summary: | In transition to a sustainable economy, the development of the private sector and especially entrepreneurship has an essential role, contributing to the adaptation of society to contemporary challenges and facilitating economic, social and cultural progress. If we consider that entrepreneurship stimulates innovation through the development of new products, services and technologies, start-ups and small companies are often the ones that bring innovative ideas and creative solutions to society's problems. In this context, business incubators play an essential role in supporting startups by providing a favorable environment for growth and scaling, but also in the development of entrepreneurship as a whole. |
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| ISSN: | 1582-5949 2247-8620 |