BUSINESS INCUBATORS IN THE ARAB WORLD: COMPARATIVE STUDY OF JORDAN AND UAE
EMHAMAD EMANSORI, OMAR AL-MUKHTAR UNIVERSITY
Business incubator (BI) has proved to be an effective tool for nurturing Entrepreneurship, and Small and Medium Enterprise (SMEs). This has contributed to many developed countries through the reduction of unemployment, diversifying economies and creating wealth. BIs provide timely help and support for new ventures, and hold the potential to create and develop entrepreneurial talents at the micro level as well as fostering an environment for entrepreneurship at the macro level.
Purpose: the main purpose of this paper is to determine whether the economic conditions and business strategy in the Arab countries are favourable for business incubation, and to suggest possible directions for establishing and implementing more business incubation in the Arab countries.
Design methodology/approach: This study adopts quantitative strategy and uses a snowball approach for the distribution of designed questionnaire to the incubation units in Jordan and the UAE.
Findings: the findings of the research contribute to the literature of business support services, innovation and entrepreneurship development, which enhances the knowledge and skills within the incubation units.
Originality/Value: the study ensures the acceleration of successful development of young entrepreneurs and their businesses in the Arab countries through the establishment and implementation directives for BIs.
Keywords: Arab World, Business Incubators, Jordan, SMEs and UAE.