Strategies for Promoting Entrepreneurship Development in Nigeria

“Strategies for Promoting Entrepreneurship Development in Nigeria (A Case Study of Enugu State)”

DEFINITION AND CONCEPT OF ENTREPRENEURSHIP

Although there is no generally accepted definition of entrepreneurship, various authors have given various definitions Ugbaja (2003:4) defines entrepreneurship as process of setting up, financing and managing a business outfit by, an individual whose objective is to make profit by exploiting business opportunities and taking risks. [Read more…]

Entrepreneurship Development in Nigeria – Its Problems and Prospects

Entrepreneurship Development in Nigeria – Its Problems and Prospects 

Entrepreneurship Development in Nigeria – The entrepreneur plays a vita role in the process of economic growth and development.  Iwu Eze A. [1986] in a paper presented in on entrepreneurship development in Nigeria said that an entrepreneur is a contractor, an organizer of an enterprise for the public, a resourceful person with a dream. Entrepreneurs are bold men and woman who have initiative and the ability to lead, manage and take the consequences. They are men of action, risk takers, missioners, creative and highly respected of their ability to effectively and efficiently concubine the functions of management to achieve the goals. [Read more…]