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

Research output: Contribution to journalArticlepeer-review

11 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

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 8 - Decent Work and Economic Growth
    SDG 8 Decent Work and Economic Growth
  2. SDG 9 - Industry, Innovation, and Infrastructure
    SDG 9 Industry, Innovation, and Infrastructure

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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