Business Incubator, an ever changing process, and its definitions

Nadezhda Galiyeva* and David Luigi Fuschi**

Belarusian State University of Informatics and Radioelectronics*

Kiit University, Faculty of Applied Sciences, Bhubaneswar**

Abstract: The paper examines the definitions of business incubator in the context of both the scientific literature and institutional documentation. The objective being the attempt to identify a definition that could encapsulate the present (and possibly future) meaning, objective and overall structure so as to inform and guide the design of a functional model that could be used to assess efficiency and effectiveness of the incubation process form a management perspective rather than a socio-economic one.

Keywords: Business Incubator, definitions.