Economics
- ISSN: 2155-7950
- Journal of Business and Economics
Entrepreneurship and SMEs through Business Incubators in the Arab
World: Case Study of Jordan
Emhamad Elmansor1, Leslie Arthur2
(1. Omar AlMukhtar University, Albayda, Libya; 2. Nottingham Trent University, UK)
Abstract: Business incubators (BI) have proved to be effective tools for looking after Entrepreneurship and SMEs to tackling unemployment, diversifying economies and creating wealth in numerous developed countries. By providing timely help and support for new ventures, business incubators hold the potential to create and develop entrepreneurial talent at the micro level and foster an environment for entrepreneurship at the macro level. This research aimed to determine whether the economic conditions for business strategy in the Arab World are favourable to a programme of business incubation and to suggest directions on the best ways to implement more business incubation in the Arab countries. To meet this aim the study undertook a snowball approach and distributed a designed questionnaire to the incubation unites in Jordan. The findings of the research contribute to the literature of business support services, innovation and entrepreneurship development and will enhance the knowledge and skills within the incubation industry. The centre’s incubator programme is designed to accelerate the successful development of young entrepreneurs and their businesses.
Key words: Arab world; business incubators; entrepreneurship; innovation; Jordan and SMEs
JEL codes: M1