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Impact of Technology Incubation Programme in Promoting Entrepreneurship in Nigeria

Published in Economics (Volume 10, Issue 4)
Received: 18 August 2021    Accepted: 7 September 2021    Published: 12 October 2021
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Abstract

Technology incubators are economic development tools used for promoting the concept of growth through innovation and application of technology, support economic development strategies for small business development. It encourage growth from within local economies, while also providing a mechanism for technology transfer. Incubation is the provision of temporary support to start-up enterprises through the delivery of complex services and special environment with the aim of improving their chances of survival in the early phase of the life span and establishing their later intensive growth. Many Incubation Centres were established to influence and promote entrepreneurship thereby adding to economy of a country. However, the established incubation centres need to be evaluated to measure the effectiveness of the incubation programme in promoting entrepreneurship. In this research, we investigate the added value of Technology Incubation to the growth and development of Entrepreneurship, measuring the role of Technology Incubator thereby, finding out the effectiveness of Technology Incubation Centres in the development of Entrepreneurship in Nigeria. We use questionnaires as a tool for data collection. The result from the respondents of the questionnaires shows that Technology Incubation Centre contribute to the development and growth of entrepreneurs in Nigeria. Most of the entrepreneurs make use of the service of the Technology Incubation Centre. The incubation centres also carried out various program and initiative toward the development of entrepreneurs and also involving them with socio-economic development programs.

Published in Economics (Volume 10, Issue 4)
DOI 10.11648/j.eco.20211004.11
Page(s) 105-111
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2024. Published by Science Publishing Group

Keywords

Incubation, Technology Incubator, Incubatees, Entrepreneurship, Research, Development

References
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[2] Abubakar U. O., Ibrahim, M. B. Sadeeq, A. A Adamu, A. S. & Shaibu, S. B. (2016). Application of Multimedia in Training Entrepreneurs in Technology Incubation Centres in Nigeria. International Journal of Computers Science and telecommunication”, Vol. 7, No. 8, pp. 30-33, 2016.
[3] Adelowo C. M., Olaopa, R. O. & Siyanbola W. O. (2012). Technology business incubation as strategy for SME development: How far, How well in Nigeria.
[4] Lose T. & Tengeh R. K., (2016). An evaluation of the effectiveness of business incubation programs: a user satisfaction approach. Investment management and financial innovations, 370-378.
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[7] Mrkajic, B. (2017). Business incubation models and institutionally void environments, Technovation, Vol. 68, pp. 44-55.
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[13] Onsongo B. B. & Moses O. (2021). Influence of Project Management Practices on the Implementation of Environmental Non-Governmental Organizations’ Projects: A Case of World-Wide Fund for Nature- Kenya, Kwale County. Journal of Entrepreneurship and Project Management Vol. 6, Issue No. 1, pp 24 - 48, 2021.
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[15] Khalil, M. & Olafsen, E. (2011). Enabling innovative entrepreneurship through Business Incubation; Infodev – Innovation and Entrepreneurship in developing communities. Impact Assessment and lessons learned from infodev Global Network of Business Incubators.
[16] Mustafa T., Laura P., Sobreiro V., Kimura V. & Pique J. (2018). Accessing Business Incubation: A review on benchmarking. International Journal of Innovation Studies, vol. 2, No. 3, pp. 91-100.
[17] Azih E. & El. Inanga (2014). Performance effectiveness of technology incubation in Nigeria. Business and Economics Journal, vol. 5, issue 4, pp. 1-22.
[18] Voisey P., Gormall, L., Jones P. & Thomas B. (2006). The measurement of success in a business incubation project. Journal of Small Business and Enterprise Department.
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Cite This Article
  • APA Style

    Ahmad Abubakar-Sadeeq, Abubakar Usman Othman, Abdullahi Salihu Audu, Mohammed Isa Ramalan, Ibrahim Abdullahi. (2021). Impact of Technology Incubation Programme in Promoting Entrepreneurship in Nigeria. Economics, 10(4), 105-111. https://doi.org/10.11648/j.eco.20211004.11

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    ACS Style

    Ahmad Abubakar-Sadeeq; Abubakar Usman Othman; Abdullahi Salihu Audu; Mohammed Isa Ramalan; Ibrahim Abdullahi. Impact of Technology Incubation Programme in Promoting Entrepreneurship in Nigeria. Economics. 2021, 10(4), 105-111. doi: 10.11648/j.eco.20211004.11

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    AMA Style

    Ahmad Abubakar-Sadeeq, Abubakar Usman Othman, Abdullahi Salihu Audu, Mohammed Isa Ramalan, Ibrahim Abdullahi. Impact of Technology Incubation Programme in Promoting Entrepreneurship in Nigeria. Economics. 2021;10(4):105-111. doi: 10.11648/j.eco.20211004.11

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  • @article{10.11648/j.eco.20211004.11,
      author = {Ahmad Abubakar-Sadeeq and Abubakar Usman Othman and Abdullahi Salihu Audu and Mohammed Isa Ramalan and Ibrahim Abdullahi},
      title = {Impact of Technology Incubation Programme in Promoting Entrepreneurship in Nigeria},
      journal = {Economics},
      volume = {10},
      number = {4},
      pages = {105-111},
      doi = {10.11648/j.eco.20211004.11},
      url = {https://doi.org/10.11648/j.eco.20211004.11},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.eco.20211004.11},
      abstract = {Technology incubators are economic development tools used for promoting the concept of growth through innovation and application of technology, support economic development strategies for small business development. It encourage growth from within local economies, while also providing a mechanism for technology transfer. Incubation is the provision of temporary support to start-up enterprises through the delivery of complex services and special environment with the aim of improving their chances of survival in the early phase of the life span and establishing their later intensive growth. Many Incubation Centres were established to influence and promote entrepreneurship thereby adding to economy of a country. However, the established incubation centres need to be evaluated to measure the effectiveness of the incubation programme in promoting entrepreneurship. In this research, we investigate the added value of Technology Incubation to the growth and development of Entrepreneurship, measuring the role of Technology Incubator thereby, finding out the effectiveness of Technology Incubation Centres in the development of Entrepreneurship in Nigeria. We use questionnaires as a tool for data collection. The result from the respondents of the questionnaires shows that Technology Incubation Centre contribute to the development and growth of entrepreneurs in Nigeria. Most of the entrepreneurs make use of the service of the Technology Incubation Centre. The incubation centres also carried out various program and initiative toward the development of entrepreneurs and also involving them with socio-economic development programs.},
     year = {2021}
    }
    

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  • TY  - JOUR
    T1  - Impact of Technology Incubation Programme in Promoting Entrepreneurship in Nigeria
    AU  - Ahmad Abubakar-Sadeeq
    AU  - Abubakar Usman Othman
    AU  - Abdullahi Salihu Audu
    AU  - Mohammed Isa Ramalan
    AU  - Ibrahim Abdullahi
    Y1  - 2021/10/12
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    N1  - https://doi.org/10.11648/j.eco.20211004.11
    DO  - 10.11648/j.eco.20211004.11
    T2  - Economics
    JF  - Economics
    JO  - Economics
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    EP  - 111
    PB  - Science Publishing Group
    SN  - 2376-6603
    UR  - https://doi.org/10.11648/j.eco.20211004.11
    AB  - Technology incubators are economic development tools used for promoting the concept of growth through innovation and application of technology, support economic development strategies for small business development. It encourage growth from within local economies, while also providing a mechanism for technology transfer. Incubation is the provision of temporary support to start-up enterprises through the delivery of complex services and special environment with the aim of improving their chances of survival in the early phase of the life span and establishing their later intensive growth. Many Incubation Centres were established to influence and promote entrepreneurship thereby adding to economy of a country. However, the established incubation centres need to be evaluated to measure the effectiveness of the incubation programme in promoting entrepreneurship. In this research, we investigate the added value of Technology Incubation to the growth and development of Entrepreneurship, measuring the role of Technology Incubator thereby, finding out the effectiveness of Technology Incubation Centres in the development of Entrepreneurship in Nigeria. We use questionnaires as a tool for data collection. The result from the respondents of the questionnaires shows that Technology Incubation Centre contribute to the development and growth of entrepreneurs in Nigeria. Most of the entrepreneurs make use of the service of the Technology Incubation Centre. The incubation centres also carried out various program and initiative toward the development of entrepreneurs and also involving them with socio-economic development programs.
    VL  - 10
    IS  - 4
    ER  - 

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Author Information
  • National Board for Technology Incubation (NBTI), Technology Incubation Centre, Kano, Nigeria

  • Department of Mathematical Sciences, Faculty of Science, Abubakar Tafawa Balewa University, Bauchi, Nigeria

  • Department of Computer Science, Faculty of Natural and Applied Sciences, Nasarawa State University, Keffi, Nigeria

  • Department of Business Administration and Management, School of Business Studies, Federal Polytechnic Nasarawa, Nasarawa, Nigeria

  • Department of Business Administration and Management, College of Administration and Management Science, Hussaini Adamu Federal Polytechnic Kazaure, Jigawa, Nigeria

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