The Strategic Role of Business Incubators and Accelerators in Fostering Entrepreneurial Development: Analysing Their Impact on Start-up Survival, Innovation Capacity, and Ecosystem Growth

Abstract

Entrepreneurial ecosystems thrive when innovative ideas are nurtured with adequate resources, mentorship, and funding. Business incubators and accelerators have emerged as powerful catalysts that support early-stage ventures by providing structured environments to grow and scale. This paper explores their strategic role in entrepreneurial development, analyzes their impact on innovation and start-up survival, compares their effectiveness, and provides suggestions for strengthening their role in emerging economies such as India. The study uses theoretical perspectives, case-based evidence, and literature insights to highlight how incubators and accelerators not only foster business growth but also contribute to broader socio-economic development.