Entrepreneurship Role in Nigerian Entrepreneurial Ecosystem
  • Author(s): Samuel Temitope Ogbara ; Samuel Mayowa ALADE
  • Paper ID: 1705687
  • Page: 363-370
  • Published Date: 20-07-2024
  • Published In: Iconic Research And Engineering Journals
  • Publisher: IRE Journals
  • e-ISSN: 2456-8880
  • Volume/Issue: Volume 7 Issue 10 April-2024
Abstract

Though it is widely acknowledged that entrepreneurship is essential to driving economic development. Nigeria’s entrepreneurial climate has not seen much economic progress despite being home to a plethora of entrepreneurial activities. Thus, the goals of this study are to trace the major evolutionary stages of entrepreneurship in Nigeria to contemporary entrepreneurial essence and practical inferences that could foster the sustenance of entrepreneurship; identify the key entrepreneurial initiatives used to address entrepreneurship-related issues in the study area, and the reasons behind the failure of some of these initiatives, drawing on existing literature; and present a succinct critique of the governmental entrepreneurial initiatives and plausible threshold of their conceptual practicality. Historical justification is frequently important for the explanation of research realities in situ. A study of the dimension in the study location necessitates a review of the literature outlining the stages of entrepreneurship development before, during, and after colonialism.

Keywords

Agrarian economy, Entrepreneurship, Entrepreneurial Initiatives, Entrepreneurial Milestones

Citations

IRE Journals:
Samuel Temitope Ogbara , Samuel Mayowa ALADE "Entrepreneurship Role in Nigerian Entrepreneurial Ecosystem" Iconic Research And Engineering Journals Volume 7 Issue 10 2024 Page 363-370

IEEE:
Samuel Temitope Ogbara , Samuel Mayowa ALADE "Entrepreneurship Role in Nigerian Entrepreneurial Ecosystem" Iconic Research And Engineering Journals, 7(10)