NEW GENERATION OF BUSINESS INCUBATORS: POLICY OVERVIEW IN ROMANIA

Enikő Mátyus
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Enikő Mátyus: Bucharest University of Economic Studies, Bucharest, Romania, University of Strasbourg, Strasbourg, France

Social-Economic Debates, 2024, vol. 13, issue 2, 77-90

Abstract: The purpose of this paper is to provide an overview of the business incubation activity and ecosystem in a European developing country with special regards on the national policies. A complex analysis of the Romanian legal framework and public measures that facilitate the creation of incubators has been undertaken. The study reflects several similarities with previous national policies that have been proven to be deficient in some aspects, such as the long-term viability of the business support structures created. The current policy can be considered the largest investment in incubators in the history of the country, which also arguments the given attention. The results show that after several failures concerning the sustainability of public funded Business Incubator projects, national and regional policies are still focused on creating new infrastructures, neglecting the importance of intangible services, which could ensure the scalability and long-term sustainability of these entities.

Keywords: business incubator; public incubator; business support policies; public policy; Romania; start- up ecosystem. (search for similar items in EconPapers)
JEL-codes: E61 M13 M21 O25 (search for similar items in EconPapers)
Date: 2024
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