Framework for Technological Entrepreneurship Development: Key Issues and Policy Directions

Willie O. Siyanbola, Helen O. Aderemi, Abiodun A. Egbetokun, Maruf Sanni
2011 American Journal of Industrial and Business Management  
Entrepreneurship is acknowledged to be a significant driver of national wealth. In this paper, we present a framework for developing technological entrepreneurship particularly for developing countries, with supporting policy directions. Our thesis is that technological entrepreneurship, which exploits existing scientific and technological knowledge to meet market needs-is what brings about the national productivity and competitiveness that entrepreneurship is said to provide. Our framework
more » ... . Our framework stresses the fact that the innovation process is facilitated by technological entrepreneurship which is in turn pre-conditioned within the context of favorable policies, institutions, financial and institutional support.
doi:10.4236/ajibm.2011.11002 fatcat:oi4m4nrgq5hrvnztcle744smfm