Author(s) :

Abubakar Sadiq Nuhu and Bem J. Audu (Ph.D.).

Volume/Issue :

Abstract :

This paper examines the impact of Technology Incubation Centres on the commercialisation of Research and Development (R&D) in Nigeria. It discusses the role of the National Board for Technology Incubation’s (NBTI's) Technology Incubation Centres (TICs) in bridging the gap between R&D activities and market-ready products/services. While existing literature explores technology incubation in general, there is a lack of specific studies on the effects of NBTI's initiatives in commercialising Nigerian R&D outputs. This study fills that gap by conducting an analysis of NBTI's contributions to innovation, start-up support, and indigenous technology commercialisation within the Nigerian context. The study employs a historical research methodology, making use of descriptive and narrative analysis involving oral interviews with key participants and an extensive review of secondary sources such as books, journals, and official reports related to NBTI's activities and the Nigerian technological setting. The findings highlight the role of NBTI's Technology Incubation Centres (TICs) in promoting entrepreneurship, innovation, and economic transformation in Nigeria. It was found that these centres provide essential support services, including infrastructure, access to funding, and mentorship, enabling Nigerian entrepreneurs to convert their innovative ideas into marketable products and services. The study reveals that the impact of TICs covers job creation, wealth creation, revenue generation, promotion of economic diversification, attracting investment, and reducing over-reliance on imported technologies. The study concludes that maintaining a strong innovation ecosystem and promoting economic growth in Nigeria requires ongoing adaptation and enhancement of NBTI's programmes. Key words: National Board for Technology Incubation (NBTI), Technology Incubation Centres (TICs), Research and Development (R&D) and Commercialisation

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