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Adopting business incubators to support small and medium enterprises, an essential entry point for the success of country's economic development path

Journal: Journal of Economic Growth and Entrepreneurship (Vol.3, No. 3)

Publication Date:

Authors : ;

Page : 15-32

Keywords : Small and medium enterprises; mechanisms for supporting the business activity; * the culture of business; Business Incubators;

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Abstract

In this paper we tried to shed light on the importance of creating and diversifying the mechanisms to support small and medium enterprises in their entrepreneurial activities, which in turn contribute to achieving diversification of income sources, in order to ensure a successful economic development path at the country level.As this research study aimed to sensitize the importance of small and medium enterprises and work to provide mechanisms for their success, due to the direct importance of the latter pushing the wheel of the economic development of the country, and shedding light on the importance of the gains achieved after the Algerian state adopted these mechanisms.Our study reached a set of recommendations that reflect in its entirety the necessity of intensifying media campaigns calling for the spread of a business activity and sensitizing the importance of creating small and medium enterprises and their role in diversifying sources of income and pushing the wheel of economic development of the state, and trying to transfer some of the experiences and practices adopted by successful countries for their application Where possible, and making the most of it in making the desired economic development path successful for the state.

Last modified: 2021-01-26 03:51:49