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Entrepreneurship Development And Employment Generation In Nigeria
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Book Synopsis Entrepreneurship Development and Employment Generation in Nigeria by : John Ugoani
Download or read book Entrepreneurship Development and Employment Generation in Nigeria written by John Ugoani and published by . This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The issues of entrepreneurship development and employment generation continue to receive high attention because of their impact on unemployment and poverty reduction in many parts of the world. The National Directorate of Employment was introduced by government in its efforts toward employment generation. In furtherance of attempts toward tackling unemployment, addressing issues of poverty and vulnerability and promoting inclusive finance at the grass-root levels, the Directorate has a Special Micro Empowerment Scheme, which is aimed at promoting social inclusion and job creation. Micro, Small and Medium enterprises such as water/beverage sales, shoe making, shining, among other vocations account for about 99.6 percent of registered businesses in Nigeria by which about 63 percent of the labour force earn a living. The Directorate has created over 2.076 million employments since it was established. The NDEs one million job creation programme remains a wonderful idea in employment generation. The survey research method was used for the study. Surveys refer to an investigation of events that exist at the time of the research and connected with some problem situations that is felt over a wide area. Data analysis was done through Pearson's techniques. The result showed a very strong positive correlation between entrepreneurship development and employment generation. This is the aim of the study.
Book Synopsis Entrepreneurship and Job Creation. A Panacea for Socioeconomic Development of Nigeria by : Christopher Ohanyere
Download or read book Entrepreneurship and Job Creation. A Panacea for Socioeconomic Development of Nigeria written by Christopher Ohanyere and published by GRIN Verlag. This book was released on 2024-01-29 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research Paper (postgraduate) from the year 2022 in the subject Economics - Job market economics, grade: A, University of Calabar (Faculty of Arts & Social Science Education), course: The Structure and Organization of Social Studies and New Education Initiatives, language: English, abstract: This paper explores the effectiveness of entrepreneurship in job creation, hence, underlining the importance of the MSMEs sub-sector in the socioeconomic development of the Nigerian economy. Nowadays, the burden of job creation is not solely placed on the shoulders of the government alone but, has become a joint-venture effort between the public and private sectors. On this premise, the paper seeks an enduring answer to this prevalent phenomenon in entrepreneurship development. So, the paper is divided into subheadings, covering the introduction, conceptual explications, theoretical discourse on MSMEs as the driving force of socioeconomic development, and the role of entrepreneurship in the socioeconomic development of Nigeria. The paper concludes by noting that, the transformation of Nigeria's education system into entrepreneurial-based is a way of empowering the young generations with practical skills that could help them become self-reliant (self-employed), thus reducing the increasing social vices and consequences of unemployment. Among others, it was recommended to incorporate entrepreneurship in our school curriculum where vocational subjects would become compulsory right from Upper Basic Education level through tertiary education level to train, prepare, and develop the economic mindset of the younger generations and decrease the high level of unemployment.
Book Synopsis Employment Generation Through Entrepreneurial Development by : Ezekiel O Ayoade
Download or read book Employment Generation Through Entrepreneurial Development written by Ezekiel O Ayoade and published by . This book was released on 2018 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Unemployment has of recent become a global problem with developing nations of the world having the lion shares of the phenomenon. This has resulted in the migration of people from one region of the world to another in search of greener pastures. In the past three decades, Europe has seen people migrating from its Eastern to the Western part while Africa has lost so many of her bright scholars and potential citizens through migration to Europe even through unorthodox means such as through the Mediterranean Sea and savannah deserts in search of greener pastures. This paper investigated the past Nigerian government's interventional efforts and attempts at addressing the hydra headed problems of unemployment in the country and their effectiveness at encouraging the sense entrepreneurship in the country with a view to facilitating job creation for the teaming Nigerians job seekers. The study relied on secondary data by way of existing literatures for this study while the results of the findings are presented with the aid of frequency tables. The finding from the study revealed that several intervention programmes introduced by successive governments in the country had failed to produce the expected results. Findings further indicated a plethora of bottlenecks which are principally hinged on corruptions, bureaucratic bottleneck vis-avis inconsistencies in government policies, political instability and lack of entrepreneurial skill by majority of unemployed Nigerians. The study recommended combined hard work on the part of the government to the development of entrepreneurship by providing an enabling environment and infrastructures coupled with the introduction of relevant entrepreneurial educational programmes in all institutions of learning be tailored towards development of entrepreneurial skills while start up loans should be made available without interests.
Book Synopsis Introduction to Entrepreneurship Development in Nigeria by : M. F. Alonge
Download or read book Introduction to Entrepreneurship Development in Nigeria written by M. F. Alonge and published by . This book was released on 2006 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Entrepreneurship Development in Nigeria: Policy Issues by : Stanley Igwe
Download or read book Entrepreneurship Development in Nigeria: Policy Issues written by Stanley Igwe and published by . This book was released on 2020-01-14 with total page 159 pages. Available in PDF, EPUB and Kindle. Book excerpt: Entrepreneurship development concerns what the government ought or ought not to do with reference to facilitating entrepreneurial growth; while entrepreneurship education aims at igniting the artistic or creative abilities of the learner, such that the recipient begins to see the possibility of not only creating the new but also improving on the existing to such an extent that the latter becomes more useful and even impacts usefully on areas not originally intended. To this end, entrepreneurship concerns ideas as to what is viable which is not fixed but heuristic and cannot be equated to fixed protocols like vocational trade and skills acquisition as well as all other activities associated with raising business plans all of which satisfy modalities to be addressed as small business management even as they are prominent in job creation. Small business owners are sole proprietors; while entrepreneurs are idea generators carrying out new combinations to effectuate innovation in the marketplace. They are not necessarily inventors, they are also not necessarily sole proprietors yet they can be both.If someone, for example, suggests to the government the need to recreate work schedules within the public sector to two shifts of say 8am to 12pm and 12pm to 4pm with a view to not only create more jobs but also improve on service delivery an entrepreneurial action has been performed with this idea generation and one for which the precursor of the idea is entitled to a reward should the idea be eventually adopted by the government or some other institution. Within Entrepreneurship Development in Nigeria: Policy Issues however, entrepreneurship development is weighed within two areas of government contribution, namely i. introduction of employment generation and poverty alleviation programmes (EGPAPs) and (ii) introduction of entrepreneurship education (EEd) at tertiary education level; aside other associated and relevant topics. Essentially, Chapters 1 and 2 explores the scope of entrepreneurship development and overview of salient aspects of entrepreneurship.Chapter 3 and 4 considers the nature of entrepreneurship development in Nigeria and no less the character and nature of public universities as institutions central to virtually all economic and social activities in the country.Chapter 5 and 6 explores the impact of the factory model of education philosophy on the social psychology of Nigerians winding up with elements of small business practice in chapter 6.
Book Synopsis Overview to Social Entrepreneurship by :
Download or read book Overview to Social Entrepreneurship written by and published by IPR Journals and Book Publishers. This book was released on 2022-12-29 with total page 69 pages. Available in PDF, EPUB and Kindle. Book excerpt: TOPICS IN THE BOOK Relationship between Entrepreneurial Team and Growth of Small and Medium Manufacturing Enterprises in Kenya Effect of Moral Suasion on Access to Credit among Micro, Small and Medium Enterprises in Kisumu County Impact of Entrepreneurship Development on Employment Generation in Sabongari Local Government, Kaduna State
Book Synopsis Small Enterprises and Entrepreneurship Development by : Enyinna Chuta
Download or read book Small Enterprises and Entrepreneurship Development written by Enyinna Chuta and published by Amalion Publishing. This book was released on 2012-04-01 with total page 215 pages. Available in PDF, EPUB and Kindle. Book excerpt: The increasing numbers of college and university graduates from Africa’s tertiary institutions and the declining prospects for jobs in the public and private sector have reinforced the importance of creating avenues for self-employment. But job creation exposes a serious gap in education policies, for basic skills in entrepreneurship are not taught in most tertiary curricula across the continent. This nineteen-chapter volume provides essential course text material for developing the field of entrepreneurship in tertiary institutions, thus addressing the issue of appropriate pedagogy critical for the emerging field of entrepreneurship development in higher education institutions in Africa. Drawing from Nigeria, West Africa and other parts of the developing world, the volume furnishes much needed empirical information to fashion out appropriate policies and projects within macroeconomic framework to nurture small and medium enterprises as a development tool.
Book Synopsis New Venture Creation in Nigeria by : Micah Effiong
Download or read book New Venture Creation in Nigeria written by Micah Effiong and published by GRIN Verlag. This book was released on 2019-12-17 with total page 59 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research Paper (undergraduate) from the year 2019 in the subject Business economics - Company formation, Business Plans, grade: A, , language: English, abstract: This work examines the relationship between government policies on entrepreneurship and new venture creation in Akwa Ibom, Nigeria. In specific, some of the objectives include to determine the relationship between loans/credit facilities and start-up motives in Nigeria, to examine the relationship between loans/credit facilities and innovativeness in Nigeria and to investigate on the relationship between loans/credit facilities and risk taking in Nigeria. In Nigeria, different administrations at various times have geared their efforts towards developing its entrepreneurship. Several developmental and financial assistance instruments were employed. Similarly, many scholars have written widely on entrepreneurship and its potency to generate employment through the establishment of new ventures, thus, under-scoring the essence, significance and relevance of this sub-sector in the development of any given economy.
Book Synopsis Media and Entrepreneurship Development by : Edikan Ukpong
Download or read book Media and Entrepreneurship Development written by Edikan Ukpong and published by GRIN Verlag. This book was released on 2020-01-16 with total page 67 pages. Available in PDF, EPUB and Kindle. Book excerpt: Academic Paper from the year 2016 in the subject Communications - Mass Media, grade: B 68.3, , language: English, abstract: The prevailing economic scenario in Nigeria, of a truth, has led the present government in Nigeria to look at means of diversifying the economy. With this, it has become imperative to think of incorporating various entrepreneurial options in actuality as well as introducing new entrepreneurial options into the already existing economic system as a mechanism of sustenance and a survival kit to keep afloat amidst this economic depreciation. Furthermore, Olayinka and Olaoluwa bring this problem to a practical pinpoint by illustrating that "the present government has been advocating for the incorporation of entrepreneurship studies into the syllabus of all our higher institutions of learning"; with the aims to sensitise the entire citizens of Nigeria about the importance and advantages of being self-reliant instead of searching for white-collar jobs (also referred to as salary jobs), which are not always readily available.
Book Synopsis Youth Entrepreneurship by : Chris Ehiobuche
Download or read book Youth Entrepreneurship written by Chris Ehiobuche and published by Xlibris Corporation. This book was released on 2017-02-10 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: The challenges and opportunities facing the Nigerian youths demand rethinking of new ways of doing things. Youth unemployment and underemployment are at a record high. More than ever, the Nigerian youths are in dire need of finding other avenues to explore in pursuit of life endeavors. Youth employment, underemployment, and unemployment are serious concerns for our society, civilization, and the nation. Ehiobuche and Madueke took a different approach to discussing and presenting a practical approach to youth entrepreneurshipfrom the notion of a shared responsibility for the change of mindset from falling into the victims theory dimensions to intelligent ventures and resilience. Their model presents insight on how a paradigm shift among the youths and the society in general from job search to business development may well lead to entrepreneurs and self-productive citizens. The authors hope to inspire, inform, and encourage todays youths to become tomorrows entrepreneurs, leaders, and good citizens. Making the transition from seeking employment, unemployment, or underemployment to self-employment/entrepreneurship is the primary purpose of this book. The topics include the following: Conquering personal and cultural roadblocks to entrepreneurship Shifting mental and physical focus from employee to employer Avoiding common pitfalls in starting and running a sustainable small business Making the best out of being a youth The authors urge the Nigerian youths to avoid falling into a victim mentality and start their paradigm shift into the mindsets of entrepreneurs.
Book Synopsis Economic Assessment of the Igbo Entrepreneurship Model for Entrepreneurial Development in Nigeria by : Chukwunonso Ekesiobi
Download or read book Economic Assessment of the Igbo Entrepreneurship Model for Entrepreneurial Development in Nigeria written by Chukwunonso Ekesiobi and published by . This book was released on 2020 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Purpose - This study presents an economic investigation of the entrepreneurship practise of the Igbos of South-Eastern Nigeria. It is intended to deepen entrepreneurial development and employment generation in the country. This study also provides empirical support to situate the Igbo entrepreneurship model (IEM) among existing entrepreneurship literature, particularly for research in developing countries. Design/methodology/approach - The study adopts a quantitative approach to examine 1187 responses carefully drawn from the Onitsha and Nnewi business clusters in Anambra state. In addition to descriptive demonstrations, the Propensity Score Matching (PSM) technique is employed to estimate the effects of treatment on the treated by pairing treatment and control units with similar attributes on the propensity score and other likely covariates. Specifically, the PSM is used to perform a counterfactual analysis of the effect of the entrepreneurship model on business outcomes by examining participants and non-participants in the IEM. Findings - The key findings of the study indicate that entrepreneurs who participated in the IEM have higher business survival rate, business growth rate and access to trade and informal credit, while non-IEM entrepreneurs have better access to formal credit source than the IEM graduates. Research Limitations/Implications - Generalisation of results can be limited since the study is based on responses of samples drawn from two clusters (Onitsha and Nnewi) in Anambra State, South-East Nigeria. The clusters, though situated in Igbo land, are not the only Igbo business locations in the South-East region and the rest of the country. However, with the larger number of the respondents and synchronisation with existing literature in this subject area guarantee the robustness and applicability of the study findings. Originality/value - The novelty of this study rests on its pioneering attempt to empirically examine how the IEM can drive entrepreneurial development in Nigeria. We also distil lessons for evidenced-based replication of the model to provide a sustainable employment channel for the country. The study posits, among other things, that the IEM can be a veritable approach for enterprise development and youth employment in Nigeria.
Book Synopsis Entrepreneurship in Emerging Economies by : Adebimpe Adesua Lincoln, PhD
Download or read book Entrepreneurship in Emerging Economies written by Adebimpe Adesua Lincoln, PhD and published by Independently Published. This book was released on 2022-12-30 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sub-Saharan Africa remains one of the poorest and least industrialized regions in the world. The reasons for the poor performance of the African nation have ranged from external shocks, underdevelopment of the private sector to flawed domestic policies. The private sector which includes Small and Medium Enterprises (SMEs) constitutes the most feasible vehicle for self-sustaining industrial development from experiences especially in developed countries. SMEs indeed possess enormous capability to grow an indigenous enterprise culture more than any other strategy. From all accounts, SMEs represent the sub-sector of special focus in any meaningful economic restructuring programme that targets poverty alleviation, employment generation, food security, rapid industrialization and reversing rural-urban migration. Strengthening the private sector is thus a major priority for governments in any assistance strategy. Although Nigeria is Africa's largest oil producer, petroleum production and consumption has probably brought out the best and worst of modern civilization in the country; petroleum has contributed enormously to the country's economic growth, but it has also resulted in the neglect of various other economic sectors and has had profound adverse impact on the Nigerian SME sector in particular. Despite many development activities implemented in the past and potential opportunities available in Nigeria, the Nigerian economy at present is undergoing severe difficulties. Declining employment opportunities, a deteriorating situation of the infrastructure facilities, and increasing poverty have all worked together to constitute difficulties to the Nigerian economy. It is in this context that the SME sector can find its priority position in the development of the economy to strengthen a sustainable economic growth of the Nigerian nation. The attitudes towards the SME sector and entrepreneurship in Nigeria is disappointing. Consequently, the future of many SMEs in Nigeria remains bleak, these firms continue to function in an unfavourable environment. The reality is that Nigeria lacks a comprehensive and effective strategy document for entrepreneurship practice and policy. Nigerian SMEs are not as innovative or productive when compared with SMEs in other countries. Nigeria lags behind top performing countries in generating and sustaining high-growth businesses and their involvement in export-oriented products and services is insignificant on a global scale when one considers the country's export-output against its vast human and natural resources. Nigeria boasts of a variety of policy initiatives, which have thus far failed to achieve any real or meaningful change in the sector. The Nigerian government has danced to the beat of the same senseless proverbial drum for the past six decades. A large share of government support for SMEs and entrepreneurs is provided through theoretical incentives that have so far failed to be realized rather than targeted practical programmes. The problem is also exacerbated by the absence of good practices in entrepreneurship education across schools and universities. There is a dearth of best practice tools for entrepreneurial experiential learning in schools and universities and there is little support for developing entrepreneurial mindset and skills in the vocational education system. Co-ordination of policy vis a vis Nigerian female entrepreneurship also requires improvement. There are inequalities which affect women's entrepreneurship activities. Successive Nigerian governments have failed to advance the status of women and address these inequalities. There is a need to introduce a nuanced approach in line with 21st Century thinking to address some of the issues faced by the sector.
Book Synopsis The Impact of Government Poverty Alleviation Programmes on Entrepreneurship Development in Nigeria by : A. J. Adeyemo
Download or read book The Impact of Government Poverty Alleviation Programmes on Entrepreneurship Development in Nigeria written by A. J. Adeyemo and published by . This book was released on 2001 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Entrepreneurship and Sustainable Development in Africa by : Paschal Anosike
Download or read book Entrepreneurship and Sustainable Development in Africa written by Paschal Anosike and published by SAGE. This book was released on 2022-01-26 with total page 182 pages. Available in PDF, EPUB and Kindle. Book excerpt: High foreign aid dependence, poor human capital, rising high youth unemployment and poverty are just some of the reasons that Africa represents such a striking symbol of global inequality today. In this book, the author draws on his research and experience of working with key stakeholders to explore how Africa can take advantage of the knowledge economy and 4th Industrial Revolution opportunities to rebuild from the Covid-19 pandemic and empower its people and encourage entrepreneurship. Entrepreneurship and Sustainable Development in Africa is a book the African political class, economic policy and development experts, the donor community, academic researchers and students of business and international development can rely on for a better understanding and solutions to Africa’s historical and contemporary socio-economic problems. Paschal Anosike is Associate Professor of Entrepreneurship and Innovation and the founding Director of Centre for African Entrepreneurship and Leadership (CAEL) at the University of Wolverhampton.
Book Synopsis Entrepreneurship and Economic Development by : Wim Naudé
Download or read book Entrepreneurship and Economic Development written by Wim Naudé and published by Springer. This book was released on 2010-12-08 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: Leading international scholars provide a timely reconsideration of how and why entrepreneurship matters for economic development, particularly in emerging and developing economies. The book critically dissects the evolving relationship between entrepreneurs and the state.
Book Synopsis Entrepreneurial Activities and Economic Development in Delta State, Nigeria by : Dr. Olannye A.P
Download or read book Entrepreneurial Activities and Economic Development in Delta State, Nigeria written by Dr. Olannye A.P and published by . This book was released on 2016 with total page 11 pages. Available in PDF, EPUB and Kindle. Book excerpt: In today's economies, global consciousness of entrepreneurial, democracy, is spurring increasing realization that small business entrepreneurship should assume a new dimension in Nigeria, due to its prime contribution to economic development. The study examined the impact of entrepreneurial activities on economic development. The survey research design method was employed. The primary research instrument used was a validated structured questionnaire in which all items were assessed on a 5-point Likert Scale, ranging from 1-5 (strongly disagree to strongly agree). Stratified random sampling technique was employed to select 180 small business entrepreneurs from Ika South Local Government and Ika North East Local Areas in Delta State Nigeria. The analytical tools used were correlation and Multiple Regression Analysis. The study revealed that entrepreneurial activity is a multidimensional construct whose aspects have significant positive relationship with economic development. Specifically, establishment of diverse firms that fosters firms diversity enhances employment generation and economic growth. It is concluded that entrepreneurial activities foster wealth creation which resulted from entrepreneurial innovation, and enhances employment generation and competitive advantage. The study recommended amongst others that government should create an enabling environment for entrepreneurship to thrive and entrepreneurs should venture into diverse and innovative enterprises; because encouraging and releasing people's entrepreneurial energies are significant factors in the process of any counties growth and development.
Book Synopsis Enterprising Africa by : Stephen Dobson
Download or read book Enterprising Africa written by Stephen Dobson and published by Routledge. This book was released on 2020-12-30 with total page 195 pages. Available in PDF, EPUB and Kindle. Book excerpt: Enterprising Africa explores the future opportunities, challenges, growth areas and key themes that will shape entrepreneurship in the African continent over the next decade. Entrepreneurship can be the key to unlock resilient growth, but only if it is driven by both socially productive and growth-oriented new businesses. The book considers entrepreneurship as an enabler for socio-economic growth and development in Africa, especially in the context of youth unemployment and increasing youth population for which the traditional, and indeed emerging, industrial sectors will not be able to produce sufficient jobs to meet demand. Organised around three thematic parts, Part I covers the notion of inclusive growth and the role that entrepreneurs can play supporting this. Part II considers the dynamic between entrepreneurs and the environment since social, economic and environmental concerns need to build upon each other rather than vie for recognition. Finally, Part III offers chapters exploring policy contexts and the wider institutional ecosystems that need to be developed and enhanced to ensure a strong and vibrant environment for the future entrepreneurs of Africa to thrive. Edited and authored by leading experts in the field, this fascinating text will be of interest to academics as well as students of International, Transformational and Social Entrepreneurship, and International and African Business.
