Science Journal of Business and Management

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The Role of Government Policy in Entrepreneurship Development

Received: 16 September 2014    Accepted: 25 September 2014    Published: 30 September 2014
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Abstract

This paper aims to develop a conceptual framework that examines the role government policy plays in the development of entrepreneurship and its impact on economic development. The study builds on existing literature on entrepreneurship, economic development and government policy as it relates to entrepreneurial practices. The outcomes of literature review propose two hypotheses. Integrating entrepreneurship practices with economic development, with government policy intervening, a framework is developed. For the reason that entrepreneurship is a part of economic development strategy employed by several countries globally to achieve macro-economic benefits. The framework provides a starting point for researchers and practitioners to further examine entrepreneurship policies and practices. For researchers, the framework clarifies the determining attributes of entrepreneurship, government policy and economic development dimensions and their proposed relationships. For practitioners, the framework can be used to gain an understanding of the role of government policy on entrepreneurship development as well as economic development.

DOI 10.11648/j.sjbm.20140204.12
Published in Science Journal of Business and Management (Volume 2, Issue 4, August 2014)
Page(s) 109-115
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2024. Published by Science Publishing Group

Keywords

Entrepreneurship, Economic Development, Entrepreneurs, Government Policy, Moderator

References
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Author Information
  • Fakulti of Management, Univerisiti Teknologi Malaysia, 81310 UTM, Skudai, Johor, Malaysia

  • Department of Statistics, Federal School of Statistics, Ibadan, National Bureau of Statistics, Nigeria

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  • APA Style

    Nkem Okpa Obaji, Mercy Uche Olugu. (2014). The Role of Government Policy in Entrepreneurship Development. Science Journal of Business and Management, 2(4), 109-115. https://doi.org/10.11648/j.sjbm.20140204.12

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    ACS Style

    Nkem Okpa Obaji; Mercy Uche Olugu. The Role of Government Policy in Entrepreneurship Development. Sci. J. Bus. Manag. 2014, 2(4), 109-115. doi: 10.11648/j.sjbm.20140204.12

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    AMA Style

    Nkem Okpa Obaji, Mercy Uche Olugu. The Role of Government Policy in Entrepreneurship Development. Sci J Bus Manag. 2014;2(4):109-115. doi: 10.11648/j.sjbm.20140204.12

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  • @article{10.11648/j.sjbm.20140204.12,
      author = {Nkem Okpa Obaji and Mercy Uche Olugu},
      title = {The Role of Government Policy in Entrepreneurship Development},
      journal = {Science Journal of Business and Management},
      volume = {2},
      number = {4},
      pages = {109-115},
      doi = {10.11648/j.sjbm.20140204.12},
      url = {https://doi.org/10.11648/j.sjbm.20140204.12},
      eprint = {https://download.sciencepg.com/pdf/10.11648.j.sjbm.20140204.12},
      abstract = {This paper aims to develop a conceptual framework that examines the role government policy plays in the development of entrepreneurship and its impact on economic development. The study builds on existing literature on entrepreneurship, economic development and government policy as it relates to entrepreneurial practices. The outcomes of literature review propose two hypotheses. Integrating entrepreneurship practices with economic development, with government policy intervening, a framework is developed. For the reason that entrepreneurship is a part of economic development strategy employed by several countries globally to achieve macro-economic benefits. The framework provides a starting point for researchers and practitioners to further examine entrepreneurship policies and practices. For researchers, the framework clarifies the determining attributes of entrepreneurship, government policy and economic development dimensions and their proposed relationships. For practitioners, the framework can be used to gain an understanding of the role of government policy on entrepreneurship development as well as economic development.},
     year = {2014}
    }
    

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    T1  - The Role of Government Policy in Entrepreneurship Development
    AU  - Nkem Okpa Obaji
    AU  - Mercy Uche Olugu
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    UR  - https://doi.org/10.11648/j.sjbm.20140204.12
    AB  - This paper aims to develop a conceptual framework that examines the role government policy plays in the development of entrepreneurship and its impact on economic development. The study builds on existing literature on entrepreneurship, economic development and government policy as it relates to entrepreneurial practices. The outcomes of literature review propose two hypotheses. Integrating entrepreneurship practices with economic development, with government policy intervening, a framework is developed. For the reason that entrepreneurship is a part of economic development strategy employed by several countries globally to achieve macro-economic benefits. The framework provides a starting point for researchers and practitioners to further examine entrepreneurship policies and practices. For researchers, the framework clarifies the determining attributes of entrepreneurship, government policy and economic development dimensions and their proposed relationships. For practitioners, the framework can be used to gain an understanding of the role of government policy on entrepreneurship development as well as economic development.
    VL  - 2
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