THE IMPACT OF BUSINESS INCUBATORS AND INNOVATION CENTERS ON THE DEVELOPMENT OF THE MACEDONIAN ECONOMY Doc. Ph.D. Miroslav Andonovski

Miroslav Andonovski, MA (2012) THE IMPACT OF BUSINESS INCUBATORS AND INNOVATION CENTERS ON THE DEVELOPMENT OF THE MACEDONIAN ECONOMY Doc. Ph.D. Miroslav Andonovski. In: REDETE 2012, International Scientific Conference, 25-27.10.2012, Banja Luka.

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Abstract

Abstract In the period behind the business incubators have gained considerable publicity and reputation of entrepreneurial initiatives that are very promising. Today's business incubators assist the development of the companies that foster entrepreneurial spirit in order to survive the period after the commencement of business (this is the period when they are most vulnerable) and of course thereby helping them to expand their business. Within its activities, the business incubators to their clients provide diverse services and resources that they need at the time of commencement of business and their emerging at the market, that include: assistance in managing and planning and what is most important for new established companies - financial assistance. One of the primary goals of the incubators of course is providing office space for their customers with affordable rent, office services and equipment etc. .. The main purpose and contribution of the incubators can be found in providing conditions for starting new businesses that will create new jobs which will affect the economic growth and wealth of citizens. Today, more prevalent are the efforts to find different opportunities and establishing institutions for realization of the business ideas, and as on state, also and on local level. Following the example and experience of the highly developed countries, and the experiences of Southeastern Asia, we can come to a conclusion that the initiatives and support on local level can often have primary importance for the establishment and development of businesses of different levels. In Macedonia, lately, mainly at local level more often is the practice of establishing institutions to help entrepreneurs achieve their business ideas. As key institutions of this kind are the business incubators and the centers for innovation in business. According to the experiences of the countries with longer tradition in establishing incubators and under the other conditions of normative-technical nature, the first business incubator in the Republic of Macedonia was established on 06.03.1997 in Prilep, as a limited liability company under the name Biljana Incubator Ltd - Prilep established by the founders Biljana Predilnica AD - Prilep, Biljana Vatara AD - Prilep and Biljana Confection AD - Prilep. The centers for business or technical innovation, however, (where they exist) are high-tech version of the incubators for business. In the U.S. (where they are most common), they are usually associated with some of the universities and are designed to assist the local innovators or other entities to commercialize their inventions. In the Republic of Macedonia as the most important institution of this kind of course is the European Information and Innovation Centre, opened in 2008, as part of Enterprise Europe Network, with which partners are many state institutions. Keywords: business incubator, center, innovation, economy.

Item Type: Conference or Workshop Item (Paper)
Subjects: Scientific Fields (Frascati) > Social Sciences > Economics and Business
Divisions: Faculty of Economics
Depositing User: Mr Dimitar Risteski
Date Deposited: 30 Jun 2016 08:55
Last Modified: 30 Jun 2016 08:55
URI: http://eprints.uklo.edu.mk/id/eprint/173

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