Business incubation for tourism SMME development: International and South African experience

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10 Citations (Scopus)

Abstract

In terms of SMME development support programmes there is an increasing international focus on business incubation. Although its definition is contested the essence of business incubation is enhancing the survival of growth-oriented early-stage enterprises. Traditionally, the sectoral focus of business incubation has been upon ICT enterprises, high-tech, manufacturing and even agribusinesses. Service-sector enterprises have emerged in some countries as a new focus for business incubation. It is observed that alongside cultural and creative industries that business incubation is extended into the tourism sector. Business incubation is therefore an additional tool for tourism SMME support. Currently, most tourism business incubators are found in USA and Europe. In South Africa, however, there has occurred the launch of dedicated business incubators to support tourism entrepreneurs. These initiatives for tourism SMME support merit further scholarly attention.

Original languageEnglish
JournalAfrican Journal of Hospitality, Tourism and Leisure
Volume6
Issue number2
Publication statusPublished - 2017

Keywords

  • Business incubation
  • SMME development
  • South Africa
  • Tourism business incubators

ASJC Scopus subject areas

  • Geography, Planning and Development
  • Tourism, Leisure and Hospitality Management

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