Technological Entrepreneurship: A Catalyst for Achieving Sustainable Development in School of Engineering Technology, Federal Polytechnic, Bida

IBRAHIM ABUBAKAR MIKUGI, KOLO JOSHUA & ABDULLAHI ABDULKADIR NDAWANCIN

Department of Business Administration and Management

Department of Office Technology and Management

The Federal Polytechnic, Bida

Email: tatafoundation@hotmail.com, josnynkolo@yahoo.com & aawancin@yahoo.com

                                  ABSTRACT

The zeal for diversification and sustainable development is made possible through technological discoveries, innovation and commercialization; this can be achieved through application of Technological Entrepreneurship. This paper examined Technological Entrepreneurship as a catalyst for job creation and Sustainable Development in Nigeria, using School of Engineering Technology, Federal Polytechnic, Bida as a study area. The researchers adopted a structured questionnaire using Five (5) Point Likert Scale Rating System to collect data from Staff of School of Engineering Technology.  The population of staff in school of engineering technology one hundred and eighty five (185). Eighty (80) questionnaires were distributed using a Random Sampling Technique. The total of seventy (71) questionnaires were returned. The Null hypothesis was stated as there is no significant relationship between technological entrepreneurship and sustainable development.  The analysis of data was done using Analysis Of Variance (ANOVA) as obtained in Statistical Product and Service Solution (SPSS). In line with the research finding, the Analysis of Variance (ANOVA), shows that the P-Value as analyzed is 0.001 which is less than 0.05, this therefore shows that there is significant relationship between Technological Entrepreneurship, and sustainable development. The reliability statistics which is Cronbatch Alpha (ᾳ) was used, this test shows that the items on the instrument are 73% reliable, which complements the significance relationship as revealed by ANOVA. The paper concluded that whenever there is a breakthrough in research and development, it is the place of technological entrepreneurship to commercialize the achievements of technological efforts otherwise; it remains in the laboratory without making any impact. Technological Entrepreneurship is a vital element in Economic Diversification and Sustainable Economic Development. Recommendations were given which include the need for collaboration between school of engineering, research and publication committee and Entrepreneurship Centre in order to adopt, commercialized and sustain new research findings.

Keywords: Economic Diversification, Sustainable Development, Technological Entrepreneurship, Innovation, Job Creation