which of the following is a benefit of business incubators? course hero

by Dr. Garry O'Kon Jr. 6 min read

Why is it important to have an incubator?

The major importance of business incubators is to help in starting up and growing the small and new business through provision of required support mostly financial services through venture capital and other technical services.

Why should entrepreneurs not be risk averse?

For entrepreneurs to succeed ,they should be able to take up the risk of uncertainty and ambiguity but should not be risk averse since with risk aversion they will not be able to take advantage of the opportunities they spot in the market due to fear of the risk.