Intensive Incubation in a Volatile Ecosystem: Empirical Evidence of Business Incubation and Start-Up Performance in Nigeria

dc.contributor.authorAdebayo Adeyemi Abdulwasiu
dc.date.accessioned2026-03-10T12:53:21Z
dc.date.available2026-03-10T12:53:21Z
dc.date.issued2026-03-06
dc.description.abstractThis study investigates the influence of entrepreneurial support services on the performance of start-ups. The research is motivated by the growing need to understand how non-financial support mechanisms contribute to the sustainability and competitiveness of new ventures. The population of the study is 200 active start-up businesses currently under-going incubation process at technological Incubation Centre, Kwara state, between year 2023-2025. The study adopted MACORR sample size to determine the sample size of 123 which represents the population after considering 5% margin error and 95% confidence level. A structured questionnaire was administered to select start-up owners and managers, and data were analyzed using Structural Equation Modeling (SEM) via R statistical software. The results revealed that all three support dimensions, training support (β = 0.334, p < 0.001), business advisory services (β = 0.289, p = 0.001), and technical support (β = 0.301, p < 0.001)—have significant and positive effects on start-up performance. The model accounted for 67.8% of the variance in performance (Adjusted R² = 0.678), indicating strong explanatory power. The study concludes that entrepreneurial support systems are vital to start-up growth and recommends enhanced capacity-building initiatives, mentorship programs, and targeted technical assistance to improve the success rate of start-ups.
dc.description.sponsorshipSelf
dc.identifier.citationAdebayo, A. A., Kareem, T. S. & Ogunremi, G. D. (2025). Intensive Incubation in a Volatile Ecosystem: An Analysis of Business Incubation and Start-Up Performance in Nigeria. Journal of Management Sciences, Faculty of Management Sciences, Alex Ekwueme Federal University Ndufu Alike, Ebonyi State. 10(2), 276-293.
dc.identifier.urihttps://kwasuspace.kwasu.edu.ng/handle/123456789/6538
dc.language.isoen
dc.publisherAE-FUNAI JOURNAL OF MANAGEMENT SCIENCES, Faculty of Management Sciences, Alex Ekwueme Federal University Ndufu Alike, Ebonyi State
dc.relation.ispartofseries10; 2
dc.titleIntensive Incubation in a Volatile Ecosystem: Empirical Evidence of Business Incubation and Start-Up Performance in Nigeria
dc.typeArticle
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