Pdf entrepreneurship development in nigeria

The role of entrepreneurship in economic development. Entrepreneurial development deficiencies in developing. Research hypotheses the following are the relevant null hypotheses of the study. The programme was designed by the government to cater for unemployed youth and jobless person all over the country. The result of the study revealed that microfinance banking is making great impact in rural economic development and raising the standard of living of the people. The need for entrepreneurship development in nigeria has never been so high in the history of the country. Entrepreneurship development in nigeria 24 international journal of research in business studies and management v3 i4 april 2016 2.

However, many of the lessons learned from experiences in both types of development are similar. It is on this premise that this study seeks to examine the impact of entrepreneurship development programme on economic development of lagos state, nigeria. This paper introduces entrepreneurship phases in studying the impact of some government policies on entrepreneurial activities. The role of entrepreneurship development in nigeria economy abstract generally this study seeks to explore the role of entrepreneurship development in nigeria economy, with a case study of the hungry man restaurant. Entrepre neurship formal education is considered to converse and instill intentions, competencies, skills and values needed to recognize entrepreneurial opportunities and start a new business venture tijani, 2017.

Assessment of the contribution of women entrepreneur towards. The impact of entrepreneurship growth in the development. Given the challenges that bedevil nigeria, this paper advocates for the inclusion of entrepreneurship at the forefront of its economic development agenda. The aim of the paper is to develop and analyse the contributions of entrepreneurship in the economic development through sme development in nigeria. This research focuses on an empirical analysis of the relationship between tax incentives and entrepreneurship in nigeria. This study assessed the impact of entrepreneurship on economic development in nigeria. There were eleven privately owned sawmills factories located in various parts of the city. Finally, the study will be found useful for academic purposes. Entrepreneurship skills development, government support and. Prospects and challenges conference paper pdf available may 2014 with 31,598 reads how we measure reads.

Entrepreneurship development as a viable alternative platform nigerian. Female entrepreneurs in nigeria are often hindered because of cultural barriers such as malefemale role definitions that label women inherently inferior to men. Assessment of the contribution of women entrepreneur towards entrepreneurship development in nigeria ayogu, deborah u. Given the generally held view that entrepreneurship development is the key to poverty eradication, employment generation and rapid economic. On the role of entrepreneurship in the rural development, the mean scores in table 3 indicate that the respondents agreed that it reduces wastage of rural resources, creates employment, reduces ruralurban migration, creates wealth and increases income, and improves the standard of living of the rural dwellers. The role of entrepreneur was thus a practical response to a need for an organ that will cater for the interest and welfare of people in business and to business development in nigeria. According to some authors, growth seems to be a typical characteristic of entrepreneurial ventures. Poor emphases on the importance of strategic alliances between and among institutions in the strive for entrepreneurial development does not have significant impact on the growth and development of entrepreneurship in nigeria. To discuss and suggest strategies of revamping entrepreneurship development in nigeria.

Abimbola and agboola 2011 in a study, environmental factors and entrepreneurship development in nigeria findings show that gender is a force found to be capable of either impeding or. The ibo ethnic group in nigeria is recognized internationally for its culture of entrepreneurship. A study on factors affecting entrepreneurial development. We found that nigerias economy has continued to grow over the last decade with the real gdp growth rate hovering around 7%. The interface between entrepreneurship and the entrepreneurial environment has been given attention in entrepreneurship literature. It was clear from his observation, job creation or employment opportunity in an economy can be traceable to entrepreneurship training and development. Abstract the objective of this paper was to emphasize the need and importance.

Since the history of entrepreneurship in nigeria is the motive for this article, it is, therefore, reasonable that the term entrepreneurship is discussed in relation to how it affects and how its effects on nigeria has been so far since it came into existence. Both the quantitative and qualitative measurements attest to the growing incidence and depth of poverty in the country. However amabile 1996 and ward 2006, opined that entrepreneurship and innovative business behavior have been synonymously described as an act of. This paper underscores the importance of policy formulation in entrepreneurship development in nigeria as well as the importance of entrepreneurship in reducing the evergrowing rate of unemployment in nigeria. The major purpose of the study is to highlight the origin of entrepreneurship and education development in nigeria. Entrepreneurship will promote nigeria s economic development. Entrepreneurship theory and creativity owth objectives for companies. Rural entrepreneurship and rural development in nigeria. Longetivity is measured by life expectancy at birth eo, knowledge is measured in terms of literacy lit. Ordinary least square the study found that entrepreneurship development programmes in kano state lack capacity to support the establishment of entrepreneurial ventures and to produce the desired level of jobs for youth. Assessment of the contribution of women entrepreneur. This study is thus an assessment of the performance of entrepreneurship and flexible skills development initiative in auchi polytechnic, auchi, edo state, nigeria it is established that entrepreneurship education, flexible skills development fsd can increase access to affordable, flexible and quality skills acquisition.

A total of 100 smes were randomly selected from a cross section of a population of all smes spread around some states of nigeria and covering virtually all forms of enterprise. Descriptive research method was adopted in this article. Relationship exists between socioeconomic, political and environmental factors and the development of entrepreneurship in nigeria. Entrepreneurship thus remains the gat eway to sustainable wealth creati on in nigeria ogundele, 2000. The population of the study was 734 staff of ten 10 selected entrepreneurial firms in anambra. Home topics business administration and management project topics pdf entrepreneurship development in nigeria. The focus of this research an evaluation of the impact of napep on entrepreneurship development in nigeria was to access the impact of entrepreneurship activities in nigeria, a case study of imo state. A panacea for sustainable development in nigeria by dr.

Entrepreneurship development in nigeria the guardian. The role of entrepreneurship in transforming the nigerian. Project topics on entrepreneurship development in nigeria. It aims to enlarge the base of entrepreneurs to speed up the pace at which new ventures are created.

This is why alam and hossan 2003 see entrepreneurship as playing a key role in the process of economic development through. The nigerian business environment is facing a lot of problems as a result of epileptic power supply, violent clashes of militant groups, kidnapping, looting, arson. Entrepreneurship development program and facilitation of youth employment in kano state, nigeria. Poverty in nigeria is not something new and is quite disturbing. Find, read and cite all the research you need on researchgate. The overall aim of this study is to critically examine the impact of good governance on entrepreneurship development in nigeria. To achieve the stated objective of the study, three research questions were formulated. Final year research project topics, ideas and materials in pdf, doc download for free. In nigeria, studies have been carried out on the effect of entrepreneurship development on the problem. To nurture entrepreneurial development, small and medium scale enterprise operators or entrepreneurs are being considered as main sustenance of the economy.

An assessment of the performance of entrepreneurship and. This study examined the impact of microfinance bank on entrepreneurship development in anambra state. Federal college of education technical, nigeria abstractthis paper primarily sought to determine the factors affecting the entrepreneurship development in small and micro agribusiness firms. Government policies and entrepreneurship phases in. Entrepreneurship in nigeria has helped the economy of the country over the years in a lot of ways. Ossai primary education studies department college of education, agbor. It is important to have a clear description of the term growth. Government in encouraging entrepreneurship development. This course aims to give you an understanding of the history of entrepreneurship development in nigeria, need scope and characteristics as well as various sources of information for entrepreneurship development.

Old social development training centre, along sangoui road, samonda, ibadan, oyo state, nigeria. Nigeria and in other developing economies, as policies and programmes are implemented across. Pdf entrepreneurship development in nigeria, prospects and. Given the generally held view that entrepreneurship development is the key to poverty eradication, employment generation and rapid economic development, various governments in nigeria have, over the past three decades, evolved policies and programmes, aimed at developing entrepreneurship through the development of small and. The descriptive research design was adopted for the study. In developing countries, the primary barrier to economic growth is often not so much a scarcity of capital, labour or land as it. Impact of entrepreneurship development programme on economic. Analyses also show that entrepreneurship development in nigeria is mainly hinged on necessity and. Nigeria has the 2nd largest gdp in africa, south africa has the largest. The population of the study was 734 staff of ten 10 selected entrepreneurial firms in anambra state. Challenges and prospects for quality of life the paper examined women entrepreneurship in nigeria. The importance of marketing in entrepreneurial development. Pdf entrepreneurship and economic development in nigeria. Analyses also show that entrepreneurship development in nigeria is mainly hinged on necessity and funded by selffinance, family and friends as the microfinance institutions pose stringent measure for loan.

Youth empowerment through entrepreneurial development in. Impact of entrepreneurship development programme on. The role of entrepreneurship in transforming the nigerian economy. The factors militating against entrepreneurship development in nigeria. Entrepreneurship as a cornerstone of development strategies for emerging economies has garnered support among a broad spectrum of scholars, policymakers and governments. Furthermore, the study will show how rapid and sustained entrepreneurship development will promote industrial development in nigeria. Entrepreneurship curriculum contents and entrepreneurial development of university students in nigeria olokundun ayodele maxwell, covenant university ibidunni ayodotun stephen, covenant university falola olubusayo hezekiah, covenant university salau odunayo paul, covenant university oyafunkeomoniyi c o, olabisi onabanjo university abstract. Entrepreneurship will promote nigerias economic development. It is expected that tax incentives would not have a significant relationship with entrepreneurship development in nigeria. D, department of business administration, micahel okpara university of agriculture, umudike, abia state, nigeria. Several studies have examined entrepreneurship using smes from different jurisdictions using different techniques. Pdf entrepreneurship education in nigeria development. The role of national directorate of employment nde in.

The impact of good governance on entrepreneurship development. Get free research paper on entrepreneurship development in nigeria our project topics and materials are suitable for students in nigeria with case studies in pdf, doc. Entrepreneurship and small business development are the heart of many countries economy, and countries that give entrepreneurship special attention stand better chances of improved economy and industrialization. An evaluation of the impact of napep on entrepreneurship. Currently, there is little evidence that suggests that the potential and interests of this group are considered in the development of entrepreneurship in nigeria. Schumpeter 1934, a development economist, sees entrepreneurship from the point of view of value creation and defines an entrepreneur as a risktaking innovator needed for rapid economic development, through the process of creative destruction, by which obsolete technologies and ideas are replaced by new ones. Entrepreneurship development in nigeria information. The role entrepreneurship development has to play in the economic development of nigeria cannot be overemphasised. Factors affecting entrepreneurship development in agribusiness enterprises in lagos state, nigeria. The impact of microfinance bank on entrepreneurship. Entrepreneurship development in nigeria science arena. This situation however, contrasts with the vast human and. Even though there are a lot of barriers limiting entrepreneurship in nigeria, it. The historical background of entrepreneurial development.

Nigeria is progressively trying to incorporate modern technology into its country. The second dimension of the entrepreneurship paradigm is venture performance. Although there are a lot of barriers, entrepreneurship in nigeria is necessary for the country to become a developed nation. Entrepreneurship development is understood as the promotion and development of activities and processes that foster and support productive entrepreneurship in the society. To look at the facilities provided by nde in the development of entrepreneurship in nigeria. The impact of entrepreneurship growth in the development of. Cbn entrepreneurship development centre, south west ibadan address. To look at the expected role of government in improving the workforce of nde 4. To examine the role of good governance on entrepreneurship development in nigeria. To find out if there is significance in the role played by entrepreneurship in nigeria, also to emphasize the need for entrepreneurship in an economy, examining the participation.

Naude 2011 draws the conclusion that entrepreneurship will contribute to growth and employment creation in advanced, emerging and least developed economies alike. The following research questions will be answered in order to identify and examine entrepreneurship development programme in nigeria and proffer solutions to them. The paper examines 19081947 british administration education antecedents in nigeria, blaise memorial, industrial school in abeokuta, formal vocational education in. It will serve as a data bank for students or other researchers who will carry out studies on the subjects matter or related areas in the futures. Entrepreneurship, employment and sustainable development in. However, despite the increased call for entrepreneurship, it still requires more improvement. The study was carried out at ilorin, capital city of kwara state, nigeria. The major purpose of the study is to highlight the origin of entrepreneurship and education development in. Youth empowerment through entrepreneurial development in nigeria.

Roles and cogent part entrepreneurship development has played in nigeria economy, our minds have been open to how increase in income of every citizen in the country has a serious effect on the economy of the nation either positively or the other way round, it is therefore of a paramount and core value to promote entrepreneurship and give grants. This paper starts by placing the issue of entrepreneurial environment in theoretical context, with particular. A study on factors affecting entrepreneurial development in. The historical background of entrepreneurial development in. Entrepreneurship development background a worldwide consensus on the critical role of competitive markets and entrepreneurs in economic development has emerged in the last decade. The importance, how to, effect causes relationship, comparison, history, role, solutions are discussed. Role of entrepreneurship in economic development of nigeria. Nigeria is trying to actively promoting technology in its educational system with the use of the internet.

The paper examines 19081947 british administration education antecedents in nigeria, blaise memorial, industrial school in abeokuta, formal vocational education in various departmental training schools. Introduction nigeria faces a major problem of graduate unemployment ojeagu, 2011. In nigeria, studies have been carried out on the effect of entrepreneurship development on the problem of high unemployment rate, high level of poverty and economic growth. Let us take a look at some of the most important roles of entrepreneurship in economic development of our country. In the vi ews o f matanmi and awodun 2005, i f nigeria desire to move out of the. Pdf this paper underscores the importance of policy formulation in entrepreneurship development in nigeria as well as the importance of. Apr 30, 2018 roles and cogent part entrepreneurship development has played in nigeria economy, our minds have been open to how increase in income of every citizen in the country has a serious effect on the economy of the nation either positively or the other way round, it is therefore of a paramount and core value to promote entrepreneurship and give grants. Entrepreneurship brings about desired change and accelerates economic development. Pdf on jul 4, 2019, louisa n amaechi and others published entrepreneurship and economic development in nigeria find, read and cite all. Nwalado primary education studies department federal college of education technical asaba. Effect of globalization on entrepreneurship development in. The historical background of entrepreneurial development in nigeria. Entrepreneurship and economic development in nigeria. However amabile 1996 and ward 2006, opined that entrepreneurship and innovative business behavior have been synonymously described as an act of creativity.