The services provided by an Incubator undoubtedly improve significantly the survival prospects of new businesses. There are a growing number and a huge variety of business incubators among members of The Association of Business Schools, as the case studies on the following pages of this Media Bulletin illustrate. Internet Incubators are a relatively recent development in business incubation. Typically, these aim to accelerate the launch and growth of dotcom or Internet businesses. They sometimes describe themselves as business accelerators and do everything they can to increase speed to market regarded as a vital source of competitive advantage in e-business.
Incubators are an important and cost effective tool to support the development of new businesses.
The incubation process is certainly one of the hottest business sparks around and the incubation boom looks set to continue for the foreseeable future.