Further Research Need in Sustainable Business Models of Startup Incubators in Emerging Economies: A Pathway for Economic Growth

As the global economy evolves, the significance of startups as engines of innovation, job creation, and economic development becomes increasingly evident. Startup incubators have emerged as pivotal players in this ecosystem, providing essential support to fledgling businesses and as leaders of innovation in emerging economies. This paper examines the importance of researching sustainable business models within startup incubators, with a focus on emerging economies, arguing that these models are critical not only for the success of the incubators themselves but also for the broader economic landscape in these economies. This study highlights the role of sustainable practices in incubators and their potential positive impacts on economic growth. This study adopts a mixed methodology, combining a comprehensive literature review with an investigation into the practices of some organisations using online research methods. In conclusion, the hypothesis that further research into sustainable business models in startup incubators in emerging economies is important is well-supported by the current literature and existing gaps in knowledge. While startup incubators have proven to be valuable in fostering entrepreneurship, their role in promoting long-term sustainable business practices remains underexplored. This research is crucial for ensuring that entrepreneurship not only contributes to economic growth but also fosters social and environmental resilience. The findings will contribute to the academic discourse surrounding sustainable entrepreneurship and offer practical recommendations for policymakers and practitioners in emerging economies.