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Business Incubation

In: Creating Communities of Practice

Author

Listed:
  • Oswald Jones

    (University of Liverpool)

  • PingPing Meckel

    (University of Central Lancashire)

  • David Taylor

    (Manchester Metropolitan University)

Abstract

Researchers associated with the Global Entrepreneurship Monitor (GEM) 2011 Global Report interviewed over 140,000 adults in 54 economies and found that 388 million entrepreneurs were actively engaged in starting and running new businesses (Kelley et al. 2012). Entrepreneurship continues to be a global phenomenon regarded as the key to economic growth, social development, innovation and labour force dynamics. Bosma and Kelley (2018) describe GEM’s most recent initiative, the National Entrepreneurship Context Index (NECI), which ranks 54 countries based on a range of factors including: finance, Government policies, entrepreneurship education, R&D transfer, physical infrastructure as well as culture and social norms. Interestingly, the UK is ranked 34th of 54 countries on the NECI lagging other European countries such as the Netherlands (3rd), France (10th) and Germany (19th) as well as the USA, which is ranked in 6th place.

Suggested Citation

  • Oswald Jones & PingPing Meckel & David Taylor, 2021. "Business Incubation," International Studies in Entrepreneurship, in: Creating Communities of Practice, chapter 0, pages 13-39, Springer.
    • Handle: RePEc:spr:inschp:978-3-030-62962-5_2
    DOI: 10.1007/978-3-030-62962-5_2
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