EFFECT OF ENTREPRENEURIAL CULTURE ON THE GROWTH OF BUSINESS START-UPS IN TECHNOLOGY INCUBATION CENTRE, MINNA, NIGER STATE, NIGERIA.

Abstract

The place of culture in any organization is very cardinal to its growth. Entrepreneurial Culture is a powerful force among business start-ups to achieve sustainable growth. Hence, the study investigates the Effect of Entrepreneurial Culture on the Growth of Business Start-ups in Technology Incubation Center, Minna, Niger State. The study employed a Quantitative Approach using a Cross-Sectional Survey with a structured Questionnaire for Data Collection. Three null hypotheses were formulated and tested at p<0.05. A Census-based method was employed for total enumeration of the sample in other to have a robust result. A 5-point Likert scale structured questionnaire based on previous study was employed for data collection. Descriptive statistics was used to analyze the demographic profile of the respondents. While Inferential Statistics, that is, Multiple Regression Analysis was used to test the Research Hypothesis as consistent in previous studies. The sample frame contained forty-two (42) Business Start-ups in Technology Incubation Centre, (TIC), Minna, Niger state, Nigeria, with 188 respondents, who were the employees/managers. The result showed that R of 35.2% at 0.000 was significant for Business Start-ups in TIC, Minna, Niger State, Nigeria. The result revealed that Innovation has a significant effect on the growth of Business Start-ups in TIC, Minna, Niger State, Nigeria. The second hypothesis revealed that Tolerance of Failure has no effect on the growth of Business Start-ups in TIC, Minna, Niger State, Nigeria. The third hypotheses revealed that Risk-taking has no effect on the growth of Business Start-ups in TIC, Minna, Niger State, Nigeria. The research study was limited by inability to obtain timely, adequate and accurate data from the Business Start-ups in TIC, Minna, Niger State, Nigeria. It is recommended that the Business Start-ups in TIC, Minna, Niger State, Nigeria, should adopt Entrepreneurial Culture with its dimensions: Innovation, Tolerance of Failure and Risktaking, so as to achieve sustainable growth for its start-ups. The study contributes to the existing literature on Entrepreneurial Culture on the Growth of Business Start-ups.