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How entrepreneurial characteristics and incubation facilities shape venture creation among technology business incubators in Nigeria

How entrepreneurial characteristics and incubation facilities shape venture creation among... Technology business incubation contributes greatly to nurturing and growing young and innovative enterprises in both developed and developing countries. It should be noted that the personal entrepreneurial characteristics (PECs) of the tenants also matter for them to succeed. Therefore, paying attention to tenants' PECs, which moderate the influence of incubation facilities on venture creation, is important for policy and practice. In this paper, we explore the influence of tenants' PECs and the contribution of incubator facilities to successful venture creation among selected incubators. Data were collected from 58 tenants across six technology business incubators (TBIs) in South-West Nigeria using a validated questionnaire. The results show that tenants' PECs are relatively high, except for demand for quality and information seeking, which are low. Regression analysis revealed that PECs significantly moderate the influence of incubation facilities on venture creation. The implications of these findings are drawn, and appropriate policy suggestions to improve incubators' performance are formulated. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png International Journal of Technoentrepreneurship Inderscience Publishers

How entrepreneurial characteristics and incubation facilities shape venture creation among technology business incubators in Nigeria

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Publisher
Inderscience Publishers
Copyright
Copyright © Inderscience Enterprises Ltd
ISSN
1746-5370
eISSN
1746-5389
DOI
10.1504/ijte.2024.137530
Publisher site
See Article on Publisher Site

Abstract

Technology business incubation contributes greatly to nurturing and growing young and innovative enterprises in both developed and developing countries. It should be noted that the personal entrepreneurial characteristics (PECs) of the tenants also matter for them to succeed. Therefore, paying attention to tenants' PECs, which moderate the influence of incubation facilities on venture creation, is important for policy and practice. In this paper, we explore the influence of tenants' PECs and the contribution of incubator facilities to successful venture creation among selected incubators. Data were collected from 58 tenants across six technology business incubators (TBIs) in South-West Nigeria using a validated questionnaire. The results show that tenants' PECs are relatively high, except for demand for quality and information seeking, which are low. Regression analysis revealed that PECs significantly moderate the influence of incubation facilities on venture creation. The implications of these findings are drawn, and appropriate policy suggestions to improve incubators' performance are formulated.

Journal

International Journal of TechnoentrepreneurshipInderscience Publishers

Published: Jan 1, 2024

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