African Journal of Hospitality, Tourism and Leisure (Jan 2020)
The success of business incubators in promoting entrepreneurial small and medium enterprises: Explorative research in tourism companies
Abstract
It becomes more and more clear that business incubators are of great importance in an institutions management to assist in new projects by helping them grow and by creating a pioneering environment concentrating on a comprehensive performance management system for continuous improvement. It also promotes making corrections in activities, which requires special characteristics to qualify them to build cadres capable of achieving the entrepreneurial heights needed by small and medium enterprises (SMEs). The research came from a major question: How well do businesses incubators contribute to the successful promotion of small and medium enterprises in the institution? The aim of the research was to identify the business incubators in the promotion of SME businesses in tourism companies in Iraq. To achieve this goal, the researchers determined the level of relationship and influence between the mentioned two variables through research and studies related to the hypothesis. A descriptive and analytic methodology was employed which sought to extract findings and make recommendations based on the reality of the business incubators study as an independent variable with six important dimensions which include adopting new projects, incubator growth and sustainability, techniques used, community impact, incubators services, and the provision of raw materials. In addition six dimensions represented the dependent variables in SMEs. The study hypothesis of the business incubators of the projects upheld providing distinguished experts in the management of projects to help them transform their innovations and inventions so as increase performance with goals set by experts. Recommendations were made to support the hypothesis.
