Effect Of Business Incubators in Employment Generation in Nigeria

This study investigated the effect of business incubators on employment generation in Nigeria. Primary data were sourced from selected business incubators in Portharcourt Nigeria. The sample space comprised of owners/managers and trainees of business incubators in Portharcourt. The purposive sampling technique was adopted and 49 participants were selected for the study. Two forms of business incubators were identified and they include non-technology based business incubators and technology based business incubators. These were the independent variables while employment generation was the dependent variable. Structured questionnaire was used to generate the data and the data were analyzed using the multiple regression analysis. The findings revealed that there was positive effect of non-technology and technology-based business incubators on employment generation in Nigeria. However, despite their positive effect, both variables did not significantly enhance employment generation in Nigeria. The study concluded that business incubators are veritable hubs that have driven employment generation in Nigeria and part of the recommendation was that both technology and non-technology based business incubators can accelerate employment generation significantly in Nigeria when they are publicized by the government, capital is made available to trainees and creation of innovate solutions that will boost employment generation in Nigeria.