Entrepreneurship and economic growth: The Mexican business incubator system

Abstract

Entrepreneurship in economic dynamics has been studied and recognized for a long time, since it constitutes a fundamental element in the processes of economic development of nations, allowing the generation of new products and services, with greater added value and new efficient balances in the markets. In this sense, this research work aims to analyze entrepreneurship and economic growth, particularly through business incubators in Mexico. For this, an empirical study was applied in the context of the Mexican economy, using a disaggregated database up to the level of municipality that covers a period of 10 years. The results show that, through entrepreneurship, business incubators manage to impact economic development through various strategies and methods. It is concluded that in Mexico there is a stimulus in the economic growth model that tries to identify the effects of entrepreneurship on growth rates from the municipality.