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Coordination, Monitoring, and Impact Evaluation of Technology Incubators in Nigeria

Coordination, Monitoring, and Impact Evaluation of Technology Incubators in Nigeria
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Author(s): Willie O. Siyanbola (Obafemi Awolowo University, Nigeria), Olalekan A. Jesuleye (Obafemi Awolowo University, Nigeria), Caleb M. Adelowo (Obafemi Awolowo University, Nigeria)and Abiodun A. Egbetokun (Obafemi Awolowo University, Nigeria)
Copyright: 2012
Pages: 14
Source title: Disruptive Technologies, Innovation and Global Redesign: Emerging Implications
Source Author(s)/Editor(s): Ndubuisi Ekekwe (African Institution of Technology, USA)and Nazrul Islam (Aberystwyth University, Wales and Middlesex University, London, UK)
DOI: 10.4018/978-1-4666-0134-5.ch028

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Abstract

Technology business incubation is a programme mostly deployed by the nations of the world to promote the development of prototype technology, nurturing them until they can compete successfully with the existing technology. The programme of incubation need be monitored, controlled, and evaluated to ensure that the objectives are achieved. This chapter discusses development of incubation in Nigeria, looking critically at the performances of the existing ones in terms of efficiency, effectiveness, relevance, utility, and sustainability in order for them to really serve as agent of growth and development in this innovation disruptive world. This chapter concludes by giving various policy suggestions like that efficient management of the resources made available to the tenants, and that government should provide more facilities in order to accommodate more tenants among others.

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