Impact of Entrepreneurship Development Programme on Economic Development of Lagos State, Nigeria.

Journal Title: IOSR journal of Business and Management - Year 2018, Vol 20, Issue 9

Abstract

This study critically examined the impact of entrepreneurship development programme an economic development of Lagos State, Nigeria. The concept becomes a major concern for every individual in Lagos and Nigeria in general today. A survey research design technique was used. The multi-stage random sampling method was employed to select 377 participants from Chemicals (including domestic, industrial plastic and rubber), and Pharmaceutical sector, Agro-Allied/ Livestock, Basic Metal, Iron and Steel and fabricated metal sector, wood and wood products, electrical/ electronics, as well as food, beverages and tobacco sector. The research instrument was a 40-item validated, structured questionnaire. The analytical tools employed were simple percentages, frequency counts and multiple regression analysis via the Statistical Package for the Social Sciences (SPSS). The findings revealed that there was significant relationship between government strategies in terms entrepreneurship on job creation and its relative impact on economic development. Furthermore, the results showed significant relationship between job creation as a capacity for increasing the productivity capacity of entrepreneur and economic development in Lagos State.The study therefore recommended that the progress of a nation should depend on the quality of its people who are enterprising enough to bear the risk involved in entrepreneurship. Hence, entrepreneurship should therefore be seen as the main source of development, the driving instrument of economic and social development.

Authors and Affiliations

AdelekanSaidiAdedeji Phd, Majekodunmi Samuel Ayodele, OmotayoAbdulRasaq Olalekan

Keywords

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  • EP ID EP412833
  • DOI 10.9790/487X-2009037481.
  • Views 60
  • Downloads 0

How To Cite

AdelekanSaidiAdedeji Phd, Majekodunmi Samuel Ayodele, OmotayoAbdulRasaq Olalekan (2018). Impact of Entrepreneurship Development Programme on Economic Development of Lagos State, Nigeria.. IOSR journal of Business and Management, 20(9), 74-81. https://europub.co.uk/articles/-A-412833