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Problems of the Development of Entrepreneurship

Problems of the Development of Entrepreneurship

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DEDICATION

This research material, titled “Problems of the Development of Entrepreneurship” is dedicated to God for His boundless grace and guidance. It is also a tribute to all computer enthusiasts whose contributions made my research journey smoother and enriched my documentation process, making the experience truly fulfilling.




ACKNOWLEDGEMENT

I am profoundly grateful to everyone who contributed to the successful completion of this project. I am especially grateful to my Supervisor (Name), the Head of Department (Name), and the Lecturers in the Department of Business Administration and Management (BAM) for their invaluable guidance and support. I also acknowledge the contributions of authors and scholars whose works on Problems of the Development of Entrepreneurship provided essential insights. Special thanks go to my study area (and any funding organizations, if applicable) for their financial assistance. I am equally thankful to stakeholders, including mentors, teachers, and colleagues, for their encouragement and support. Finally, I deeply appreciate my family and friends for their patience and unwavering support throughout this journey. Your contributions have been instrumental in making this research a reality.




PRELIMINARY PAGES


CHAPTER ONE

INTRODUCTION


    CHAPTER TWO

    LITERATURE REVIEW

    • 2.1 Introduction
    • 2.2 Conceptual Review
    • 2.3 Theoretical Framework
    • 2.4 Empirical Studies
    • 2.5 Research Gaps
    • 2.6 Summary of Literature Review

    CHAPTER THREE

    RESEARCH METHODOLOGY

    • 3.1 Introduction
    • 3.2 Research Design
    • 3.3 Population of Study
    • 3.4 Sampling and Sampling Technique
    • 3.5 Validation of Research Instrument
    • 3.6 Method of Data Collection
    • 3.7 Method of Data Analysis
    • 3.8 Questionnaire Administration
    • 3.9 Ethical Consideration
    • 3.10 Statistical Analysis

    CHAPTER FOUR

    DATA ANALYSIS, RESULT AND DISCUSSION

    • 4.1 Introduction
    • 4.2 Presentation and Analysis of Data
    • 4.3 Re-statement of Research Questions
    • 4.4 Test of Hypotheses
    • 4.5 Discussion of Findings

    CHAPTER FIVE

    SUMMARY, CONCLUSION AND RECOMMENDATION

    • 5.1 Introduction
    • 5.2 Summary of Findings
    • 5.3 Conclusion
    • 5.4 Recommendation
    • 5.5 Suggestion for Further Study

    REFERENCES

    APPENDIX A - “QUESTIONNAIRE”



    ABSTRACT

    This research project is a very crucial study for the Nigerian Entrepreneurship. The study was motivated by the necessity to identify the problems of entrepreneurship development in Enugu Metropolis. This form of business has been in existence since trade by barter began and has been of items and places, carrying over the broad thread of business from century to century. To source research instruments used in collecting the data were questionnaires and oral interview. The respondents comprises of managers and various owners of business (Entrepreneurs).

    In organizing and presenting data collected tables, frequencies and percentages were used. The carious hypothesis were tested using the chi-square.

    Data analysis and interpretation gave the following findings:

    1. Most of the respondents require the service of banks and other financial institutions
    2. Most of the respondents complained about the snail-pace process of the banks while treating their application for loans.
    3. Most entrepreneurs complained over some government polices that are inimical to the development of entrepreneurship.
    4. It was also discovered that most entrepreneurs do not have the required skill.
    5. Most respondents complained of government instability.
    6. It also revealed that prospective entrepreneurs. In Enugu Metropolis lack a good business site.

    Based on the findings, we recommend that:

    1. Government should provide more financial institutions to serve entrappers
    2. There should be improvement of credit worthiness.
    3. Government should provide a framework of stability and progress which will encourage a for sight private planning.
    4. Government should promote and encourage the acquisition of skills and knowledge.
    5. There should be a change of attitude towards made in Nigeria goods.
    6. There should be establishment of large market.

    The conclusion of the study is that entrepreneurship development in Enugu Metropolis is bent on many problems but if the recommendations will be considered and improved, the hidden large potential for the development of entrepreneurship in Nigeria and Enugu State in particular will be achieved.



    Problems of the Development of Entrepreneurship



    Introduction

    1.1 Background Of The Study

    The rate of economic growth is dependent upon the growth in the factors of production and the rate of technical change. Recently, some economists hence shifted the emphasis away from the increase of physical capital to the expansion of high-level manpower such as entrepreneurship development.

    They maintain that the major obstacle to the economic development of developing countries is not so much a shortage of capital as a lack of absorptive capacity in part from shortage of skills and knowledge needed to mobilize, organize and co-ordinate capital and other resources of production.

    In view of the above role of entrepreneurship in economic development of any country cannot be over emphasized. It is in recognition of these roles that here in Nigeria, recent pronouncements by government both federal and states as well as members of both the privates and Banking Sectors seem to indicate sudden and increasing realization of the virtues of promoting the growth of business enterprises and indeed the encouragement of potential entrepreneurs.

    Effort are now being made to stimulate the people in to appreciating the impact the development of entrepreneurship can have on the national economy.


    CHAPTER TWO

    2.0 Literature Review

    2.1 Introduction

    This chapter focuses on the review of related literature. A literature review includes the current knowledge as well as theoretical and methodological contributions to a particular topic. It documents the state of the art with respect to the topic you are writing. It surveys the literature in the topic selected. In this research work the literature review includes the conceputal review, theoretical framework, the review of related literature …

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    Defense Procedure for Business Administration and Management Researchers


    In preparation for defending a project or seminar on Problems of the Development of Entrepreneurship, it is imperative that as a nursing student, you demonstrate comprehensive knowledge of your research. The defense process is structured to include presenting your work, answering questions, and illustrating its pertinence. Initially, provide a succinct yet thorough introduction to your research topic, emphasizing its importance and the objectives, ensuring that both the audience and the External Examiner can understand the scope of your study.


    Prior to your defense, be thoroughly acquainted with your research abstract and the critical elements of Chapter One, including motivation for embarking on this research, problem statement, objectives, and significance. In Chapter Two, be ready to cite at least two references from the literature review. For Chapter Three, you should be equipped to discuss the methodologies, tools, and techniques utilized. In Chapter Four, defend your research by justifying the findings and linking them to your research objectives.


    Conclude your defense by succinctly summarizing the study and offering insightful, evidence-based recommendations. A professional dress code, such as wearing a suit and tie, is vital to create a favorable impression and elevate your presentation.


    During the question and answer segment, the External Examiner may pose questions pertaining to your research. If confronted with a challenging or irrelevant question, respond diplomatically with, “Sorry, Sir/Madam, the question asked is beyond the scope of my study.” Whenever possible, direct your answers back to your research findings to reinforce your expertise.


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