EFFECT OF TECHNOLOGY BUSINESS INCUBATION ON START-UPS OPERATION

1 2 3 Jenyo Bola Olufunke, Maigari Musa, Bamidele Ayodeji Gbenga and 4Jenyo Morufu Babatunde

Abstract

This study examined effect of technology incubation programme on start-ups operation in Akure,
Ondo state. Nigeria. The study employed cross section survey design. The sample for this study
consisted of 168 respondents which were randomly selected out of the population of 298
entrepreneurs who had graduated from the incubation centre. The study used primary data
specifically structured questionnaire, and linear regression was used for data analysis. Findings
revealed that mentoring and, technology transfer foster the development of start-up ventures and
entrepreneurs. The study concluded that technology business incubation is a good medium for
nurturing entrepreneurs and their ventures in the country as they contribute to solving the
tripartite societal need of job creation, poverty reduction and economic development. The study
recommended that Government should intensify effort in funding qualified personnel and provide
modern technology needed to boost incubation activities in the country.