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Value Creation of Business Incubator Functions: Economic and Social Sustainability in the COVID-19 Scenario

1
Department of Business Economics (Administration, Management and Organization), Applied Economics II and Fundamentals of Economic Analysis, Rey Juan Carlos University, Paseo de los Artilleros s/n, 28032 Madrid, Spain
2
ESIC Business & Marketing School, Rey Juan Carlos University, Paseo de los Artilleros s/n, 28032 Madrid, Spain
3
Department of Applied Economy I, Rey Juan Carlos University, Paseo de los Artilleros s/n, 28032 Madrid, Spain
*
Author to whom correspondence should be addressed.
Academic Editors: Roberta Costa and Marc A. Rosen
Sustainability 2021, 13(12), 6888; https://doi.org/10.3390/su13126888
Received: 19 May 2021 / Revised: 14 June 2021 / Accepted: 15 June 2021 / Published: 18 June 2021
Spain has encouraged support to sustain entrepreneurs in the COVID-19 pandemic. In this paper, the usefulness of the functions of business incubators regarding the social benefits derived from enhancing the sustainability of the entrepreneurial ecosystem is studied in the context of the COVID-19 scenario. Due to the lack of academic literature on the subject, an analysis based on the application of structural equation models (SEMs) has been carried out using a theoretical framework built and empirically validated using a representative sample of Spanish entrepreneurs. The results show that, according to stakeholders, the functionalities of business incubators were oriented to drive entrepreneurial initiatives to have highly positive effects on society. This research evidences that business incubators are key mechanisms to make entrepreneurship, growth and economic development more sustainable in society. View Full-Text
Keywords: entrepreneurship; business incubator functions; COVID-19; sustainability; benefit in society entrepreneurship; business incubator functions; COVID-19; sustainability; benefit in society
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MDPI and ACS Style

Lin-Lian, C.; De-Pablos-Heredero, C.; Montes-Botella, J.L. Value Creation of Business Incubator Functions: Economic and Social Sustainability in the COVID-19 Scenario. Sustainability 2021, 13, 6888. https://doi.org/10.3390/su13126888

AMA Style

Lin-Lian C, De-Pablos-Heredero C, Montes-Botella JL. Value Creation of Business Incubator Functions: Economic and Social Sustainability in the COVID-19 Scenario. Sustainability. 2021; 13(12):6888. https://doi.org/10.3390/su13126888

Chicago/Turabian Style

Lin-Lian, Cristina, Carmen De-Pablos-Heredero, and José L. Montes-Botella 2021. "Value Creation of Business Incubator Functions: Economic and Social Sustainability in the COVID-19 Scenario" Sustainability 13, no. 12: 6888. https://doi.org/10.3390/su13126888

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