Innovation is seen to be the primary factor in an economy's ability to generate significant wealth, and therefore it is crucial to encourage the growth of innovation and entrepreneurial ecosystems. According to the ecosystem model, entrepreneurship grows and occurs within a community with a variety of participants who share knowledge with one another to generate new value. It is inside the Entrepreneurial Ecosystem that incubators and accelerators find their ‘raison d'être’. The existence and operation of an incubator, along with the network of business angels, encourage the growth of entrepreneurial activities. Incubators can be considered as facilities that provide emerging enterprises with pooled resources including office space, consultants, and personnel.