Impact of Business Incubators on The Success of Small Textile Projects | ||
| Journal of Design Sciences and Applied Arts | ||
| Article 7, Volume 2, Issue 2, June 2021, Pages 96-111 PDF (1.61 M) | ||
| Document Type: Original Article | ||
| DOI: 10.21608/jdsaa.2021.29832.1030 | ||
| Author | ||
| Shaymaa Ahmed Mohamed* | ||
| The faculty of applied arts Beni Swief university | ||
| Abstract | ||
| No matter the definition of small-scale industries may differ from country to another, but there is an agreement that it is every project or industry based on activity of a limited number of staff, equipment and machines with a definite capital. Small-scale industries started to hold the attention of policy and economy planners around the world as per the importance of those industries in achieving the economic and social development because of its low-cost investments as well as its ability to scale-down percentage of unemployment suffered by many around the world. Small-scale industries face many challenges including lack of funding sources, experiences, management skills of owners and technical expertise in using modern methods of productions . Advanced countries have established business incubators in order to overcome challenges and to help small-scale industries during their start-up and growth phases -as they are the most vulnerable stages- in order to provide all materials, technical advices, financial and technical services and enhancing the administrative skills for small-scale industries’ owners. Egypt’s economy is in urgent need of an organization that supports small and micro-scale industries in order to achieve success for them which are considered as vital elements in motivating the domestic economy which suffers from failure and early collapse. Egypt shall follow the mechanism of business incubators in order to overcome the challenges facing those industries as it is the applied approach in advanced countries. Through this study Shedding the light on the reality of Egyptian business incubators. | ||
| Keywords | ||
| Business Incubators; Virtual Incubators; Organizational Resources; Small Projects; Micro Projects | ||
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