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Enabling Innovative Entrepreneurship through Business Incubation

In: The Innovation for Development Report 2009–2010

Author

Listed:
  • Mohsen A Khalil

    (Global Information and Communication Technologies Department, World Bank Group)

  • Ellen Olafsen

    (infoDev, Global Information and Communication Technologies Department, World Bank Group)

Abstract

A country’s primary socioeconomic goal is to improve the quality of life of its citizens. The competitiveness of the economy must be raised, opportunities that empower people to earn sustainable incomes must be created, and problems affecting the population, such as disease and environmental degradation must be alleviated. In pursuing this mission, a country’s ability to reformulate the traditional model of economic growth is essential, so that knowledge, technology, entrepreneurship, and innovation are positioned at the center of its development agenda. Innovation, in particular, triggers a virtuous development circle that unleashes human ingenuity to develop and deliver products and services that are needed by the population and increase enterprise competitiveness, while simultaneously creating sustainable incomes and tax revenues that can be reinvested for social and economic gains.

Suggested Citation

  • Mohsen A Khalil & Ellen Olafsen, 2010. "Enabling Innovative Entrepreneurship through Business Incubation," Palgrave Macmillan Books, in: The Innovation for Development Report 2009–2010, chapter 0, pages 69-84, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-28547-7_2
    DOI: 10.1057/9780230285477_2
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    Cited by:

    1. Irene MALGINA, 2020. "The evolution of the entrepreneurial ecosystem in the context of the entrepreneurship support infrastructure in Belarus," Eastern European Journal for Regional Studies (EEJRS), Center for Studies in European Integration (CSEI), Academy of Economic Studies of Moldova (ASEM), vol. 6(2), pages 76-91, December.

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