Incubator originally refers to the equipment for artificially incubating poultry eggs, and then it was introduced into the economic field and became a new social and economic organization.
Its function is to reduce the risk and cost of starting a business and improve the survival rate and success rate of starting a business by providing R&D, production and operation venues, communication, network and office facilities, systematic training and consultation, and policy, financing, legal and marketing support.
The elements of a successful incubator are: * * enjoying space, * * enjoying services, incubating enterprises, incubator managers and preferential policies to support enterprises.
Business incubators provide entrepreneurs with a good business environment and conditions, help entrepreneurs turn inventions and achievements into commodities and enter the market as soon as possible, provide comprehensive services, help emerging small enterprises grow rapidly and form a scale, and cultivate successful enterprises and entrepreneurs for the society.