ABSTRACT
CHAPTER ONE
INTRODUCTION
1.1 Background of the Study
1.2 Statement of the Problem
1.3 Research objectives
1.4 Research questions
1.5 SIGNIFICANCE OF THE STUDY
1.6 SCOPE OF THE STUDY
1.7 LIMITATION OF THE STUDY
1.8 DEFINITIONS OF RELEVANT TERMS
CHAPTER TWO
LITERATURE REVIEW
2.1 EMPIRICAL REVIEW
2.1.1 EVOLUTION OF ENTREPRENEURSHIP IN NIGERIA
2.3 Recent growth of entrepreneurship in Nigeria
2.5 The relationship between entrepreneurship and economic growth
2.9 ENTREPRENEURSHIP AS AN ENGINE OF GROWTH
CHAPTER THREE
RESEARCH METHODOLOGY
3.1 Research design
3.2 Population
3.3 Sample Size
3.4 Sources of data
3.5 Administration of research instrument
3.6 Research limitations
DATA ANALYSIS
4.1 Identification of respondents
4.4 Impacts of entrepreneurship on economic growth in Nigeria
CHAPTER FIVE
CONCLUSION AND RECOMMENDATIONS
5.1 conclusions
5.2 RECOMMENDATIONS
REFERENCES
ABSTRACT
Generally this study seeks to explore the role of entrepreneurship growth in Nigeria Economy, with a case study of the hungry man restaurant. 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 of government in the growth of entrepreneurship in the country. This review the deliberate act or policy of government at all level in the federation initiated and executed, aiming at promoting the growth and development of entrepreneurship in the society. The researcher used both primary and secondary data collection to gather information for analysis. Base on statistical test carried out using X,2 hypothesis shows that the inconsistency of the government to provide serious support for business sectors has contributed to the undergrowth of the economy. Recommendations were made that government should at all level established a strong support to small scale industries in the society.
CHAPTER ONE
INTRODUCTION
1.1 Background Of The Study
Some entrepreneurship growth, their faith could usually be determined at an early stage of operation, if it is not right at the beginning, for example whether employing more capital will yield profit or not. It can be best known because the output of work will show much earlier whether it is going to be profitable or not, but in large manufacturing business, this will not show up till at later stage where it will continue until much lain the production process.
Entrepreneurship growth being both machine and labour intensive, manufacturing and service industry or business, provides job opportunities to a wide range of people
1.2 Statement Of The Problem
The business environment is dynamic and competitive in such an environment an organization can be best achieved it’s good through a well established leadership style and good managing director that will manage business organization such as; Entrepreneurship growth. The small scale business would have been a source to Nigeria economic growth. But today, entrepreneurship growth are not yielding positive result due to poor performance and lack of government intervention.
Therefore, this project will source for various solutions to these problems that militate against entrepreneurship growth. These are Entrepreneurship growth which includes:
- Poor management
- Lack of management skills
- Individualism of management of entrepreneurship growth
- Difficulty in sourcing the services of qualified personnel
- Lack of training and growth of personnel
- Finance problems.
- Poor Management:
The most critical problem affecting of almost all indigenous enterprise in Nigeria is poor management. The lack of efficient organizational structure and the practice of modern management techniques. If enterprises could be ascribe to two factors, first, if the limited understanding modern management practices by owners managers could be with their strong desire to run the business alone.
- Lack of Management Skills:
Also the problem facing entrepreneurship growth include stress primarily arise from the need of hire skilled and qualified personnel to assist in the running of the industries demands the greatest problems of entrepreneurship growth is lack of necessary skill in the management group. In every entrepreneurship growth, the entrepreneur is one person management team. This makes it difficult for the effective operation of the enterprises.
- Individualism of management of entrepreneurship growth:
This is the characteristics of individualism among entrepreneurs. The owner bears the management burden alone. The jobs varies and likes managerial responsibilities are few, if any. The managers are called “Jack of all trades and master of none”.
- Difficulty in services of qualifies personnel:
Another factor which leads to managerial problems with entrepreneurship growth is difficulty in securing the services of qualified personnel.
- Lack of training and growth of personnel:
Lack of training and growths of personnel is another factor which compounds the managerial problems of entrepreneurship growth in Nigeria. Training provide employees change in job requirement and new technology. It equally serves as motivation of incentive for the existing employees, which increase their productivities. In essence, lack of training and growth for the existing workers made replacement of vacant for the existing position difficult.
- Financial Problem:
The capital for entrepreneurship growth industries are very small. This is because most Nigerian business men and women operate in a low income economy. They are unable to generate sufficient funds through personnel savings which involved huge capital equipment or other fixed assets.
1.3 Research objectives
The primary objective of this proposed study is to examine the role of entrepreneurship as the driver of economic growth during the recession. This aim will include:
- To examine the contribution of entrepreneurship to the economic growth through employment generation, the creation of added value, GDP, and export
- To assess the concept and principles of
- To determine the challenges business start-up faces in an economic
- To determine causes of economic recession in
- Toevaluate the application of entrepreneurship as a remedy for economic growth in a
