What is it about?
SMEs form sizeable proportion of enterprises of most developed and rapidly developing countries because of their contribution to GDP, employment and socio-economic development. Given their limitations of size and resources, SMEs need special attention and assistance to survive and compete in the global market place. Technology Business Incubation (TBI) therefore becomes a constructive intervention process to establish a positive environment that can nurture technology-based SMEs for sustainable development. The success of TBI depends on how the incubators are designed and managed. This paper discusses some of the challenges facing TBIs in Nigeria followed by requisite policy measures to resolving them.
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Why is it important?
The success of TBI depends on how the incubators are designed and managed. This paper discusses some of the challenges facing TBIs in Nigeria followed by requisite policy measures to resolving them.
Perspectives
Technology business incubators and small business development in Nigeria
Dr Caleb Muyiwa ADELOWO
National Centre for Technology Management
Read the Original
This page is a summary of: Technology Business Incubation as Strategy for SME Development: How Far, How Well in Nigeria?, Science and Technology, December 2012, Scientific and Academic Publishing,
DOI: 10.5923/j.scit.20120206.06.
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