o:5782 Impact of COVID-19 on development of high-tech start-ups - Case study Business incubator Novi Sad en Abstract: COVID-19 pandemic has placed huge pressure on the national economies in almost entire world. It cannot be denied that COVID-19 had dramatically changed the economic environment including local start-up ecosystems. Given that technology incubator is one of the building blocks of the start-up ecosystems, COVID-19 pandemic had dramatically impacted this building block as well. In this paper we present results of the Business incubator Novi Sad for the period 2011-2019 and projections for 2020 and 2021. We also present real data for the year 2020 (impacted by COVID-19 pandemic) and we analyze the difference between projected and real data. As the Business Incubator Novi Sad is considered one of the pillars of innovation activities in the Republic of Serbia, the consequences of the COVID-19 pandemic on its results could be considered representative of the wider region. Taking into account the available literature and presented data, this paper is a step further in an attempt to understand the impact of the COVID-19 pandemic on technology incubators in the Western Balkans. Key words: high-tech incubator, innovation, start-up, COVID-19 1552101 2459-5004 2024-10-22T12:09:23.209Z 44 yes 46 Đorđe Ćelić Dragan Janjušić person Zorica Uzelac person Viktorija Petrov (Bojović) person Zoran Drašković Fakultet za ekonomiju i inženjerski menadžment u Novom Sadu person 0000-0002-8647-7680 2021 application/pdf 708941 https://unilib.phaidrabg.rs/o:5782 no yes 16 70 1552253 2021-12 Journal of Business Paradigms 6 1 27 39 2021