FEASIBILITY STUDY OF A BUSINESS INCUBATOR HOUSED IN BUSINESS ENVIRONMENT

Mariana DOGA-MÎRZAC Universitatea de Stat din Moldova

Abstract

It is to be mentioned, that a business incubator is a subcomponent of a business environment, which plays an important role in starting and developing small and medium sized businesses. A big component of small and medium sized businesses formation plays the young generation of emerging entrepreneurs, which regardless of education level or domain of study, have the entrepreneurial spirit. In this case, business incubators would play a “lifeline” role encouraging potential entrepreneurs to start their business. However, before getting to the startup phase, the first step would be to conduct a concept research of a “business incubator” and its effects on small and medium sized businesses abilities to gain support, and growth potential, thus influencing the entrepreneurship environment and contributing to country’s economic changes. The article focuses on the concepts of the business incubators, analyzing diverse national and international researchers opinions which studied the role and the necessity of business incubators, small and medium sized businesses, and entrepreneurship, and how they are corelated. Keywords: business incubator, business environment, economic entity, enterprise, young entrepreneurs, accelerator, small and medium enterprises.