BUSINESS INCUBATORS AS CATALYST FOR ENTREPRENEURIAL PROCESS DEVELOPMENT IN OYO AND EKITI STATES, NIGERIA

The study sought to examine business incubators as catalyst for entrepreneurial process development in Oyo and Ekiti States. The high rate of entrepreneurial failure rate in developing countries is motivation for this investigation to explore the relationship between business incubators and entrepr...

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Main Authors: Musa Maigari, Bola O Jenyo, Alabi Qozim Diekola, Paul Zangu Terkula
Format: Article
Language:English
Published: Kwara State University, Malete Nigeria 2023-11-01
Series:Malete Journal of Accounting and Finance
Subjects:
Online Access:https://majaf.com.ng/index.php/majaf/article/view/79
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author Musa Maigari
Bola O Jenyo
Alabi Qozim Diekola
Paul Zangu Terkula
author_facet Musa Maigari
Bola O Jenyo
Alabi Qozim Diekola
Paul Zangu Terkula
author_sort Musa Maigari
collection DOAJ
description The study sought to examine business incubators as catalyst for entrepreneurial process development in Oyo and Ekiti States. The high rate of entrepreneurial failure rate in developing countries is motivation for this investigation to explore the relationship between business incubators and entrepreneurial process development in the target states. The population is made up of three hundred and forty-six (346) respondents made-up of technology incubators and staff of entrepreneurial start-ups and the sample of 186 was drawn from graduated residence incubates and technology incubator employees using Taro Yamane sample size calculation formula. The sampling approach employed was multistage sampling procedure through the use of purposive, stratified and simple random sampling technique to pick out respondents. Simple linear and correlation coefficient were used to test the hypotheses. The results confirmed that the impact of business incubators is a right predictor for entrepreneurial process development in Oyo and Ekiti States. The study concluded that business incubators are catalysts and essential tools for promoting entrepreneurial process development in Oyo and Ekiti states in South West Nigeria. The study recommends that authorities should intensify effort in equipping all TIC facilities in the country for better results and for incubates to seize the opportunity to increase their overall performance through the support services provided to them through business incubators
format Article
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institution Kabale University
issn 2735-9603
language English
publishDate 2023-11-01
publisher Kwara State University, Malete Nigeria
record_format Article
series Malete Journal of Accounting and Finance
spelling doaj-art-290991518bd143ddb3c6ba231fd3c5112025-02-10T23:06:35ZengKwara State University, Malete NigeriaMalete Journal of Accounting and Finance2735-96032023-11-0131BUSINESS INCUBATORS AS CATALYST FOR ENTREPRENEURIAL PROCESS DEVELOPMENT IN OYO AND EKITI STATES, NIGERIAMusa Maigari0Bola O Jenyo1Alabi Qozim Diekola2Paul Zangu Terkula3Joseph Ayo Babalola University, Ikeji-Arakeji, Osun StateJoseph Ayo Babalola University, Ikeji-Arakeji, Osun StateGraceland Polytechnic, Offa, Kwara StateFederal Polytechnic Offa, Kwara State The study sought to examine business incubators as catalyst for entrepreneurial process development in Oyo and Ekiti States. The high rate of entrepreneurial failure rate in developing countries is motivation for this investigation to explore the relationship between business incubators and entrepreneurial process development in the target states. The population is made up of three hundred and forty-six (346) respondents made-up of technology incubators and staff of entrepreneurial start-ups and the sample of 186 was drawn from graduated residence incubates and technology incubator employees using Taro Yamane sample size calculation formula. The sampling approach employed was multistage sampling procedure through the use of purposive, stratified and simple random sampling technique to pick out respondents. Simple linear and correlation coefficient were used to test the hypotheses. The results confirmed that the impact of business incubators is a right predictor for entrepreneurial process development in Oyo and Ekiti States. The study concluded that business incubators are catalysts and essential tools for promoting entrepreneurial process development in Oyo and Ekiti states in South West Nigeria. The study recommends that authorities should intensify effort in equipping all TIC facilities in the country for better results and for incubates to seize the opportunity to increase their overall performance through the support services provided to them through business incubators https://majaf.com.ng/index.php/majaf/article/view/79Business IncubatorsCatalystEntrepreneurial ProcessDevelopment
spellingShingle Musa Maigari
Bola O Jenyo
Alabi Qozim Diekola
Paul Zangu Terkula
BUSINESS INCUBATORS AS CATALYST FOR ENTREPRENEURIAL PROCESS DEVELOPMENT IN OYO AND EKITI STATES, NIGERIA
Malete Journal of Accounting and Finance
Business Incubators
Catalyst
Entrepreneurial Process
Development
title BUSINESS INCUBATORS AS CATALYST FOR ENTREPRENEURIAL PROCESS DEVELOPMENT IN OYO AND EKITI STATES, NIGERIA
title_full BUSINESS INCUBATORS AS CATALYST FOR ENTREPRENEURIAL PROCESS DEVELOPMENT IN OYO AND EKITI STATES, NIGERIA
title_fullStr BUSINESS INCUBATORS AS CATALYST FOR ENTREPRENEURIAL PROCESS DEVELOPMENT IN OYO AND EKITI STATES, NIGERIA
title_full_unstemmed BUSINESS INCUBATORS AS CATALYST FOR ENTREPRENEURIAL PROCESS DEVELOPMENT IN OYO AND EKITI STATES, NIGERIA
title_short BUSINESS INCUBATORS AS CATALYST FOR ENTREPRENEURIAL PROCESS DEVELOPMENT IN OYO AND EKITI STATES, NIGERIA
title_sort business incubators as catalyst for entrepreneurial process development in oyo and ekiti states nigeria
topic Business Incubators
Catalyst
Entrepreneurial Process
Development
url https://majaf.com.ng/index.php/majaf/article/view/79
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