THE IMPACT OF SELECTED SERVICES OF CROATIAN BUSINESS INCUBATORS ON THEIR PERFORMANCE Cover Image

UTJECAJ ODABRANIH USLUGA HRVATSKIH PODUZETNIČKIH INKUBATORA NA NJIHOVU USPJEŠNOST
THE IMPACT OF SELECTED SERVICES OF CROATIAN BUSINESS INCUBATORS ON THEIR PERFORMANCE

Author(s): Bojan Morić Milovanović, Željka Tutić
Subject(s): National Economy, Business Economy / Management, Micro-Economics, Accounting - Business Administration, Human Resources in Economy, Socio-Economic Research
Published by: Sveučilište u Zagrebu Ekonomski fakultet
Keywords: business incubator; business support institutions; start-up entrepreneurs; incubator services; performance;

Summary/Abstract: Business incubators are business support institutions that aim to provide support to small and medium-sized enterprises, especially to start-ups. Most often they are formed as the result of the initiatives at the local and regional level, and established as companies which are owned by the local and regional government bodies. Given the prevalence of incubators and their role in economic development, it is important to investigate the performance of incubators in performing their tasks and whether they meet the main objectives for which they were initially established. Business incubators offer various services to their tenant companies, such as: subsidized rent for office space, business consulting services, networking services, and facilitating access to funding sources, where it has been determined that these services are positively related to the performance of the business incubators. Therefore, the aim of this paper is to evaluate the impact of selected services on the performance of business incubators in the Republic of Croatia by using multiple hierarchical regression analysis and Spearman's rank correlation coefficient. The results confirm the positive correlation for most of the services with performance, however, only financial services and networking services have a direct positive effect on the performance.

  • Issue Year: 15/2021
  • Issue No: 2
  • Page Range: 23-38
  • Page Count: 16
  • Language: Croatian
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