Abstract:

It is widely believed that business incubation models contribute to nurturing of new entrepreneurial ventures. Nowadays, the would-be entrepreneurs are seen as a valuable source of future economic growth and general opinion is spread that such individuals need to be supported by special business development services. It is primarily small and middle sized enterprises (SMEs) sector that has emerged as the most dynamic and turbulent part of national economic and proved to be a cornerstone of economic development and global competitiveness. Therefore, SME entrepreneurial activities are in the center of incubation focus. However, there is a tendency to let those incubation activities escape by systematic review due to lack of data. To fill in this gap an observation of chosen incubator samples was carried out which was drawn of the existing body of knowledge in the area of business incubation and its relation to entrepreneurship. This study uses a two-ways approach: first approach is focused on discussing gained data from the carried out observations and its comparison to the already existing data. Second approach is focused on demonstrative examples of best practices.