ENTREPRENEURSHIP, CORRUPTION AND THE CHALLENGE OF DEVELOPMENT IN NIGERIA
Journal Title: European Journal of Business and Social Sciences - Year 2014, Vol 3, Issue 3
Abstract
The paper examines entrepreneurship, corruption and the challenge of development in Nigeria. The manifestations and problems associated with corruption have various dimensions which have constrained authentic entrepreneurial development in both urban and rural communities. Among these are project substitution, development programme distortion, misrepresentation of project finances, diversion of resources to uses which they were not meant, even conversion of public funds to private uses, etc. Corruption stalls innovation in materially backward societies. Entrepreneurship is one of the significant predictors of development and is moderated by social, psychological and economic forces. These forces are corruptionprone and over the years have significantly marred entrepreneurship in Nigeria.
Authors and Affiliations
FESTUS NKPOYEN Ph. D| DEPARTMENT OF SOCIOLOGY FACULTY OF SOCIAL SCIENCES UNIVERSITY OF CALABAR CALABAR - NIGERIA sabenof@yahoo.com 08037388390, BASSEY, GLORY ETENG| DEPARTMENT OF SOCIOLOGY FACULTY OF SOCIAL SCIENCES UNIVERSITY OF CALABAR CALABAR - NIGERIA gloryeteng@yahoo.com 08034104881, UYANG, FRANCIS ABUL| DEPARTMENT OF SOCIOLOGY FACULTY OF SOCIAL SCIENCES UNIVERSITY OF CALABAR CALABAR - NIGERIA uyangabul@yahoo.com 07039380019
Keywords
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- EP ID EP10424
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