Technology Incubator and Entrepreneurship Development

Abstract

The importance of technology in advancing experiential learning and building entrepreneurs that can withstand the challenges and explore the opportunities in the fourth industrial revolution are enormous. The chapter adopted a literature review approach to establish the link between technology incubator and entrepreneurship development. The concepts of technology incubator and entrepreneurship development as well as other related concepts were extensively discussed. It identifies the need for adequate investments toward tech entrepreneurship development and tech-savvy for the future through technology incubation programmes. Such programmes set to aid innovativeness, creating jobs, fast-tracking research to industry linkages, building wealth by fostering the formation of new ventures, among others. The chapter concludes that institutions for entrepreneurship development need to shift their tents to cover major areas of technological revolution, particularly technological incubation to promote entrepreneurship development in Industry 4.0.