The Role of Business Incubators in Supporting the Orientation Towards Entrepreneurship and Their Impact on the Economy and Unemployment. Review of Selected International and Arab Experiences

The importance of small enterprises in economic life is growing because of their significant role at the macroeconomic and microeconomic levels. Developed and developing countries strive to advance their economies and achieve comprehensive development for their citizens, economies, and businesses by focusing on the small and medium enterprise (SME) sector alongside large-scale projects. This approach aims to realise economic development, thus creating a critical need for business incubators. These incubators offer essential support to SMEs, enabling them to overcome significant obstacles and reach maturity levels that ensure their sustainability and effectiveness. Given the pivotal role that business incubators play in promoting economic activity and increasing the success rates of enterprises, it is necessary to understand their function and clarify their contribution to economic development. Moreover, this research paper presents some prominent international experiences to derive valuable insights and best practices.