This research seeks to understand the situation that entrepreneurs have experienced during COVID-19 and the impact that this has caused on the entrepreneurial ecosystem. The question is whether business incubators as facilitating institutions of entrepreneurship have been determinants for the survival of startups. The study was conducted using a statistical methodology of analysis based on the application of structural equations modeling (SEM) on a theoretical framework built and validated empirically in a representative sample of entrepreneurs from the Community of Madrid (Spain). The results obtained show that the different tools, actions, advice, and services offered by the business incubators, during confinement to the present, have been key to the survival of the entrepreneurial ecosystem, which in turn promotes the advancement of the productive industry of our country.
Objective: This study aims to evaluate the effectiveness of business incubators and business accelerators when launching any type of business initiative on to the market, with the aim of discovering whether or not they effectively meet the expectations of both job and value creation for society at large and, consequently, whether or not they are a profitable instrument to achieve this. The aim is to try to establish whether the results obtained from these organisations are a result of complying with the different dimensions of the relational coordination model. Methodology: The methodology of this article sets out a theoretical framework which highlights the organisations that exist to help the entrepreneur. At the same time, this is done by means of the Delphi method, a survey of different experts in the field, in order to obtain a number of conclusions or arguments that will provide more information. Results: The results of this study have been positive: entrepreneurship support programmes play an important role in the development of the entrepreneurial ecosystem, creating an ideal environment for startups. Limitations: A possible limitation of this study is that only business incubators and business accelerators have been involved, without bearing other types of organisations in mind, such as coworking centres, whose mission is also similar. Practical implications: There is currently a growing interest on the part of public administrations and private companies in creating organisations with these characteristics, with the aim of promoting innovation and economic development in our society.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.