ABSTRACT
The concept of business incubators is not a new one, although it is in its infancy in Australia. The expertise provided by incubators from assistance with the development of a business plan, to the provision of information about professional services which specialise in a single industry type, or who concentrate on small business needs, is invaluable to the owner. The incubator members can often form a nucleus for a small business client base. B. W. Keats and J. S. Bracken have developed a conceptual model suggesting that the failure or success of a firm is a function of ‘entrepreneurial intensity’ variables in characteristics and behaviour. Intervention strategy, the need to have small businesses operating efficiently, and supporting job creation is evident. Initially, management bodies require details of business types they need to attract to their facility, which may well be predetermined by their own interest and expertise.
