An Evaluation and Impact Assessment of Business Incubation Models in Eastern Europe and Central Asia

A business incubator can play an important role in developing and supporting startup companies, and has the potential to stimulate local and regional economies. Incubation is a continuous relationship between the incubator and the early-stage entre...

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Main Author:	World Bank
Format:	Working Paper
Language:	English en_US
Published:	2015
Subjects:	business incubation monitoring and evaluation M&E technology park
Online Access:	http://documents.worldbank.org/curated/en/2014/03/22669322/evaluation-impact-assessment-business-incubation-models-eastern-europe-central-asia-infodev-study-nine-business-incubators-armenia-belarus-kazakhstan-poland-romania-russian-federation-serbia-turkey http://hdl.handle.net/10986/21079

id	okr-10986-21079
recordtype	oai_dc
spelling	okr-10986-210792021-04-23T14:04:00Z An Evaluation and Impact Assessment of Business Incubation Models in Eastern Europe and Central Asia World Bank business incubation monitoring and evaluation M&E technology park A business incubator can play an important role in developing and supporting startup companies, and has the potential to stimulate local and regional economies. Incubation is a continuous relationship between the incubator and the early-stage entrepreneur, with graduation as the target and occurring when the early-stage company has reached sufficient maturity. Through the incubation process, the support provided by the incubator evolves along with the development needs of the business. Business incubation can be a valuable tool for stimulating the startup and growth of new enterprises. Successful incubators accelerate the growth of the clients' businesses as compared to new or small businesses operating independently. This assessment aims to provide further insights on the outcomes of business incubation for the enterprises directly served by the incubators, as well as for the broader socio-economic environment the business incubators operate in. This study assesses nine business incubators in eight countries across the Eastern Europe and Central Asia (ECA) region, namely Armenia, Belarus, Kazakhstan, Poland, Romania, the Russian Federation, Serbia, and Turkey. These countries were selected to obtain representation from the various sub-regions of ECA. The study concludes that the incubators studied have generally been effective in fostering entrepreneurship and innovation in their local contexts. 2015-01-05T20:43:44Z 2015-01-05T20:43:44Z 2014-03-01 http://documents.worldbank.org/curated/en/2014/03/22669322/evaluation-impact-assessment-business-incubation-models-eastern-europe-central-asia-infodev-study-nine-business-incubators-armenia-belarus-kazakhstan-poland-romania-russian-federation-serbia-turkey http://hdl.handle.net/10986/21079 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ Publications & Research :: Working Paper Europe and Central Asia Armenia Belarus Kazakhstan Poland Romania Russian Federation Serbia Turkey
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English en_US
topic	business incubation monitoring and evaluation M&E technology park
spellingShingle	business incubation monitoring and evaluation M&E technology park World Bank An Evaluation and Impact Assessment of Business Incubation Models in Eastern Europe and Central Asia
geographic_facet	Europe and Central Asia Armenia Belarus Kazakhstan Poland Romania Russian Federation Serbia Turkey
description	A business incubator can play an important role in developing and supporting startup companies, and has the potential to stimulate local and regional economies. Incubation is a continuous relationship between the incubator and the early-stage entrepreneur, with graduation as the target and occurring when the early-stage company has reached sufficient maturity. Through the incubation process, the support provided by the incubator evolves along with the development needs of the business. Business incubation can be a valuable tool for stimulating the startup and growth of new enterprises. Successful incubators accelerate the growth of the clients' businesses as compared to new or small businesses operating independently. This assessment aims to provide further insights on the outcomes of business incubation for the enterprises directly served by the incubators, as well as for the broader socio-economic environment the business incubators operate in. This study assesses nine business incubators in eight countries across the Eastern Europe and Central Asia (ECA) region, namely Armenia, Belarus, Kazakhstan, Poland, Romania, the Russian Federation, Serbia, and Turkey. These countries were selected to obtain representation from the various sub-regions of ECA. The study concludes that the incubators studied have generally been effective in fostering entrepreneurship and innovation in their local contexts.
format	Publications & Research :: Working Paper
author	World Bank
author_facet	World Bank
author_sort	World Bank
title	An Evaluation and Impact Assessment of Business Incubation Models in Eastern Europe and Central Asia
title_short	An Evaluation and Impact Assessment of Business Incubation Models in Eastern Europe and Central Asia
title_full	An Evaluation and Impact Assessment of Business Incubation Models in Eastern Europe and Central Asia
title_fullStr	An Evaluation and Impact Assessment of Business Incubation Models in Eastern Europe and Central Asia
title_full_unstemmed	An Evaluation and Impact Assessment of Business Incubation Models in Eastern Europe and Central Asia
title_sort	evaluation and impact assessment of business incubation models in eastern europe and central asia
publishDate	2015
url	http://documents.worldbank.org/curated/en/2014/03/22669322/evaluation-impact-assessment-business-incubation-models-eastern-europe-central-asia-infodev-study-nine-business-incubators-armenia-belarus-kazakhstan-poland-romania-russian-federation-serbia-turkey http://hdl.handle.net/10986/21079
_version_	1764447422843453440

An Evaluation and Impact Assessment of Business Incubation Models in Eastern Europe and Central Asia

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