Value Creation of Business Incubator Functions: Economic and Social Sustainability in the COVID-19 Scenario
Open Access
- 18 June 2021
- journal article
- research article
- Published by MDPI AG in Sustainability
- Vol. 13 (12), 1
- https://doi.org/10.3390/su13126888
Abstract
Spain has encouraged support to sustain entrepreneurs in the COVID-19 pandemic. In this paper, the usefulness of the functions of business incubators regarding the social benefits derived from enhancing the sustainability of the entrepreneurial ecosystem is studied in the context of the COVID-19 scenario. Due to the lack of academic literature on the subject, an analysis based on the application of structural equation models (SEMs) has been carried out using a theoretical framework built and empirically validated using a representative sample of Spanish entrepreneurs. The results show that, according to stakeholders, the functionalities of business incubators were oriented to drive entrepreneurial initiatives to have highly positive effects on society. This research evidences that business incubators are key mechanisms to make entrepreneurship, growth and economic development more sustainable in society.This publication has 24 references indexed in Scilit:
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