Business Incubators Give New Firms in Rural Areas a Head Start

Mark L. Weinberg

Rural America/ Rural Development Perspectives, 1987, vol. 03, issue 2

Abstract: Four out of five new businesses fail within their first 4 years. Business incubators, sponsored by local governments or other groups, can help shorten those odds. Incubators provide business services and rental space, at below market costs, for a business’s first few years. The payoff for the community is more jobs. Rural incubators may be more difficult to get going than incubators in more populous areas, but worth the investment.

Keywords: Community/Rural/Urban Development; Labor and Human Capital (search for similar items in EconPapers)
Date: 1987
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uersra:310420

DOI: 10.22004/ag.econ.310420

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