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Business Incubators – Favorable Environment for Small and Medium Enterprises Development

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Author Info

  • Camelia MORARU

    (“Dimitrie Cantemir” Christian University, Constanţa)

  • Alexandru RUSEI

    (Bucharest Academy of Economic Studies)

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    Abstract

    The biggest problem for many small and medium enterprises (SMEs) is not the idea or the product provided and neither its customers, but their needs. High prices of production and office space are critical to the survival of a small business. Incubators come as a response to the needs of small and medium enterprises in key steps of a business, such as initiation and market penetration. An incubator aims to have a positive effect on the economic health of an area, of a community.

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    Bibliographic Info

    Article provided by Asociatia Generala a Economistilor din Romania - AGER in its journal Theoretical and Applied Economics.

    Volume (Year): XVIII(2012) (2012)
    Issue (Month): 5(570) (May)
    Pages: 142-150

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    Handle: RePEc:agr:journl:v:5(570):y:2012:i:5(570):p:142-150

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    Related research

    Keywords: development; efficiency; business environment; survival rate; business incubator.;

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