The Role of Entrepreneur in Economic Development

The Role of Entrepreneur in Economic Development

Project / Seminar Material
Reference ID: PS-13539-TM

DEDICATION

This research material titled “The Role of Entrepreneur in Economic Development” is dedicated to God for his enabling grace, and to all computer enthusiasts who contributed to make life a pleasant experience during my research documentation.

ACKNOWLEDGEMENT

I extend my sincere gratitude to all those who contributed to the completion of this project. Special thanks to my Supervisor (Name of your Supervisor), the Head of Department (Name of your HOD), the Lecturers in the department of Business Administration and Management (BAM), Book Authors and Profound Scholars of existing or related project material on “The Role of Entrepreneur in Economic Development” for their invaluable guidance, support, and expertise throughout the journey.

I am also grateful to your study area (mention any funding organizations, if applicable) for their financial assistance. This research would not have been possible without the encouragement and assistance of some stakeholders (mention any mentors, teachers, or colleagues). Additionally, I would like to acknowledge the understanding and patience of my family and friends during this endeavor. Your unwavering support has been a constant source of motivation. Thank you all for being part of this meaningful endeavor.

TABLE OF CONTENTS

PRELIMINARY PAGES


CHAPTER ONE

INTRODUCTION


    CHAPTER TWO

    LITERATURE REVIEW

    • 2.1 Introduction
    • 2.2 Conceptual Review
    • 2.3 Theoretical Framework
    • 2.4 Empirical Studies

    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”


    The Role of Entrepreneur in Economic Development

    CHAPTER ONE

    1.0 Introduction

    1.1 Background Of The Study

    Entrepreneur is a French word used broadly to connote, innovative modern industrial business leadership. An entrepreneur is an enterprising individuals who builds capital through risk and initiatives. The true spirit of entrepreneurship is providing solutions to problems and meeting the needs of humanity.

    Many people are becoming entrepreneur with the aim of following their passion of doing something good to the country. Thus new drive is sequentially leading to the over all development of Nigeria society. At the present, a widely accepted facts is that energetic and resourceful entrepreneur only can look at the potential of the country’s scope for resources such as labour, capital and technology. (Jamsetji Tata (1989-2010). For instance: unemployment is a chronic problem of under developed countries. Entrepreneur generate large-scale employment to the unemployed, crates self employment and also offer jobs to million others by starting many industrial unites. In this way, entrepreneur plays effective role in reducing poverty in the country which in turn aids in economic development of the nations.

    With fain regional development entrepreneur are usually forced to set up industries in smaller toward far from big cities in views of the increasing competition in the cities. The growth of industries and business in the smaller towns leads to a large number of public benefits. These areas like transportation, health education and entertainments, thereby it promotes regional development and increasing national income while it always keeps their eyes open for opportunist, they explore and utilizes opportunities, make effective reduces mobilization of capital and skills, raise new goods and services and develop market for growth of economy .

    Verghese Kurian (1921-2012) this research study looks at the entrepreneur role in economic development using Amaecom Global Nig Ltd as a case study


    1.2 Statement Of The Problem

    In this statement of the problem service of problem attempts to hinder entrepreneur. Come of them are as follows

    1. Lack of business connection with others entrepreneur and poor human relationship
    2. Wrong choice of location
    3. Lack of true entrepreneur managerial k own how
    4. Abases of productivity improvement techniques
    5. Inability it attract qualified and varied skill personnel.

    1.3 Objectives Of The Study

    The objectives of the study our the following

    1. To investigate the importance of entrepreneur
    2. To examine the relationship existing between the entrepreneur and economic development
    3. To examine the relationship existing been the entrepreneur and economic development
    4. To ascertain the problems associated development of Nigeria
    5. To recommend ways by which entrepreneurship services can be improved upon.

    1.4 Research Questions

    1. Do entrepreneurs help the economy to develop?
    2. What roles do entrepreneur play in economic development?
    3. Does government assist entrepreneurs to growth Nigerian’s economy particularly in Akwa Ibom State?
    4. Do entrepreneur create employment for the youth in Akwa Ibom State

    1.5 Research Hypotheses

    1. Ho: Entrepreneur play bio role in economic development of Akwa Ibom State
      Hi: Entrepreneur play significant roles in the economic development of Akwa Ibom State
    2. Ho: There is no significant relationship between the growth and development of small-scale businesses and entrepreneur in Akwa Ibom State
      Hi: There is significant relationship between the growth and development of small-scale businesses and entrepreneurship in Akwa Ibom State.

    1.6 Significant Of The Study

    This study would be surely when completed for the following reasons

    The study would be useful when complete for the following reasons

    1. To students, it would help them to be self-employed and acquire entrepreneur skills
    2. To the government, it would help government to establish small-scale entrepreneurship encourage Nigerian to participate in entrepreneurship activities
    3. To the academic, it will through more light on some significant area, which previously was not covered in previous works.

    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 …

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