Ethiopian Business Incubation Environment Perspectives

Business incubators are organizations support for companies in their early stages of life to provide a workspace, business and legal advice. Business Incubation Center addresses several bottlenecks in the Ethiopian incubation eco-systems. Even though limited numbers of incubation centers were launched in Ethiopia, they are still in infant stages. Lacks of sustainable/technically sound business models for exciting incubators were through regional benchmarks. There never been indigenous incubation expansion motions. As a result the environment was aided only by foreign agencies. EU, UNDP, PUM, Tel Aviv, Seratera, Adelphi, and, GIZ are among the most wellknown aid agencies in Ethiopian Business environment. Focusing on agriculture, ICT, research and training, construction, livestock, fisheries and forestry sectors were majors. Hence the main objective is to adhere the indigenous business incubation environments in locally available resources. Employed of the study were both primary and secondary data methods of collection. 12 countries from 6 continents of the world were taken as a sample to triangulate their current business environment. Specifically in Ethiopia there are 6 Business Incubation centers in public and private academic institutions. Among them 34 census samples were taken as a respondent. Thus collected data analyzed using system dynamics (venism) software to associate the cause and effect relationship. The results show that there are systematic differences in the number, performance, and amount of registered business for incubations collected by the two methods, indicating the importance of more establishments for localized incubation centers are required. In this study 1:1000000 BIC to population ratio was randomly offered. However, the study shows 117 BIC are left in Ethiopia and also highlights some challenges in the implementation of incubations, such as community attitude and informal markets.