Inclusive Entrepreneurship, Innovation and Sustainable Growth: Role of Business Incubators, Academia and Social Enterprises in Asia

Abstract

Globally, entrepreneurship is expected to play a central role in achieving ‘inclusive growth’. This special issue draws on various developments related to the role of business incubators, academia and social enterprises towards achieving inclusive entrepreneurship, innovation and sustainable growth. A ‘successful entrepreneurship ecosystem’, which includes business incubation is fundamental for promoting economic growth. Over the years, business incubators are increasingly viewed as the facilitators of social inclusion and inclusive growth. Likewise, there has been an increasing focus on how society at large can gain benefit from the research activities of the academia and also how it can promote social and student entrepreneurship. Because of the positive contributions of the social enterprise sector in terms of gross domestic product (GDP), employment and positive social and environmental impacts, social entrepreneurship has gained recognition as a mainstream activity across the world. Consequently, many Asian countries have initiated a range of policies to support social entrepreneurship because of their perceived contributions towards inclusive growth.