Entrepreneurship is an essential variable in the growth and development of any economy. The point at which man stopped satisfying only his needs and accommodated the needs of others marked the real evolution of entrepreneurship. Entrepreneurship development has been gradually corresponding with the development of the human race and it has reinforced the emergence, proliferation and growth of small scale businesses in Nigeria. In the light of the above, this paper attempts to establish the impact of entrepreneurship evolution on the growth of small scale businesses in Nigeria by discussing the concept of entrepreneurship and its evolution in Nigeria, the concept of small scale business and efforts aimed at enhancing the growth of small scale businesses in Nigeria. The paper also x-rays the relationship between entrepreneurship evolution and the growth of small scale businesses in Nigeria. It was concluded in the paper that entrepreneurship evolution has positive correlation on the growth of small scale businesses in Nigeria.
| Published in | Journal of Business and Economic Development (Volume 2, Issue 3) |
| DOI | 10.11648/j.jbed.20170203.16 |
| Page(s) | 176-181 |
| 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 |
Entrepreneurship, Small Scale Business, Growth, Economy, Evolution, Nigeria
| [1] | A. Afolabi. The effect of entrepreneurship on economy growth and development in Nigeria. International Journal of Development and Economic Sustainability, Vol. 3, No. 2, 2015, pp. 49-65. |
| [2] | D. C. Ikechukwu. Entrepreneurship development in Nigeria: Issues, problems and prospects. International Journal of Technical Research and Application, Issue 10, 2014, pp. 19-23. |
| [3] | E. Thaddeus. Perspectives: Entrepreneurship development & growth of enterprises in Nigeria. Entrepreneurial Practice Review, Vol. 2, Issue 2, 2012, pp. 31-35. |
| [4] | T. Popoola. Entrepreneurship and self-reliance: Building an entrepreneurial economy. The Nigerian Accountant, Vol. 47, No. 3. 2014, 64-77. |
| [5] | S. Shane, & S. Venkataraman. The promise of entrepreneurship as a field of research. Academy of Management Review, Vol. 25, No.1, 2000, pp. 217-226. |
| [6] | I. A. Ilegbinosa & E. Jumbo. Small and medium scale enterprises and economic growth in Nigeria: 1975-2012. International Journal of Business and Management, Vol. 10, No. 3, 2015, pp. 203-216. Doi.10.5539/ijbm.v.10n3p203. |
| [7] | O. Ayegba, & S. A. Omale. A study on factors affecting entrepreneurship development in Nigeria. European Journal of Business and Management, Vol. 8, No.12, 2016, pp. 43-52. |
| [8] | F. A. Adidu, & P. A. Olanye. Basic small business entrepreneurship. Agbor: Royal Palace Publications, 2006. |
| [9] | M. Onyesom & C. E. Uwaifo. Reforming entrepreneurship education curriculum of Nigerian tertiary institutions for graduate empowerment. International Journal of Education and Research, Vol. 1, No.12, 2013, pp. 141-148. |
| [10] | A. M. Usioboh. Basic business management. Lagos; Ladder Press, 2008. |
| [11] | A. Oborah. Entrepreneurship: Panacea for growth of accounting firms. The Nigerian Accountant, Vol. 27, No.1, 2003, pp. 7-9. |
| [12] | A. O. Oriazowanlan. Status of entrepreneurship education in south-south Nigerian tertiary institutions as perceived by lecturers. (Unpublished Doctoral Dissertation), 2013, Nnamdi Azikiwe University, Awka. |
| [13] | O. Adebayo & J. A. Kolawole. The historical background of entrepreneurial development in Nigeria: Its gains, shortcomings and needful. Journal of Emerging Trends in Economics and Management Sciences, Vol.4, No.5, 2013, 493-500. |
| [14] | B. E. A. Oghojafor, P. S. Okonji, O. O. Olayemi & J. U. Okolie. Fifty years of entrepreneurship development in Nigeria: Challenges and prospects. Paper presented at the 10th International Entrepreneurship Forum, Tamkeen, Bahrain from 9th – 11th January 2011. |
| [15] | N. Eboh. History of entrepreneurship in Nigeria. 2012. Retrieved from http://www.nigerreporters.com/history-of-entrepreneurship-in-nigeria/. |
| [16] | E. O. Oni & A. A. Daniya. Development of small and medium scale enterprises. The role of government and other financial institutions. Arabian Journal of Business and Management Review, Vol.1, No. 7, 2012, pp. 16-29. |
| [17] | S. T. Durowoju. Roles of entrepreneurship in small and medium enterprises development in Nigeria. Review of Public Administration and Management, Vol.3, No.5, 2014, pp. 11-22. |
| [18] | B. A. Agbonifoh. The business enterprise in Nigeria. Lagos: Longman, 2009. |
| [19] | A. C. Nwachukwu. The role of entrepreneurship in economic development: The Nigerian perspective. European Journal of Business and Management, Vol.8, No.4, 2012, pp. 95-105. |
| [20] | A. S. Thomas & S. L. Mueller. A case for comparative entrepreneurship: Assessing the relevance of culture. Journal of International Business Studies, Vol.31, No.2, 2000, pp. 287-304. |
| [21] | P. D. Reynolds. New firm's societal contribution versus survival potential. Journal of Business Venturing, Vol.2, 1987, pp. 231-246. |
| [22] | A. C. Shapero. Self-renewing economies. Economic Development Commentary, Vol.5, 1981, pp. 19-22. |
| [23] | W. Naude. Entrepreneurship and economic development: Theory, evidence and policy. Discussion Paper, 2013, Institute for the Study of Labor, Germany. |
| [24] | W. D. Bygrave, & M. Minniti. The social dynamics of entrepreneurship. Entrepreneurship Theory and Practice, Vol.24, No.3, 2000, pp. 25-36. |
| [25] | A. Ahiauzu. Entrepreneurship and economic development in Nigeria: The way forward. In A. Ahmed and S. Nwankwo (Eds.) Achieving sustainable development in Africa (pp. 278-296). London: WASD, 2010. |
| [26] | J. Henderson. Understanding rural entrepreneurs at the country level: Data challenges. Paper presented at the Frameworks for Entrepreneurship Research in Food, Agriculture and Rural Development Workshop, Kansas City, 18th October 2007. |
APA Style
H. N. Nzewi, E. M. Onwuka, M. Onyesom. (2017). Entrepreneurship Evolution and the Growth of Small Scale Businesses in Nigeria. Journal of Business and Economic Development, 2(3), 176-181. https://doi.org/10.11648/j.jbed.20170203.16
ACS Style
H. N. Nzewi; E. M. Onwuka; M. Onyesom. Entrepreneurship Evolution and the Growth of Small Scale Businesses in Nigeria. J. Bus. Econ. Dev. 2017, 2(3), 176-181. doi: 10.11648/j.jbed.20170203.16
Share This Article
Twitter
Linked In
Facebook
Copy
Download@article{10.11648/j.jbed.20170203.16,
author = {H. N. Nzewi and E. M. Onwuka and M. Onyesom},
title = {Entrepreneurship Evolution and the Growth of Small Scale Businesses in Nigeria},
journal = {Journal of Business and Economic Development},
volume = {2},
number = {3},
pages = {176-181},
doi = {10.11648/j.jbed.20170203.16},
url = {https://doi.org/10.11648/j.jbed.20170203.16},
eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.jbed.20170203.16},
abstract = {Entrepreneurship is an essential variable in the growth and development of any economy. The point at which man stopped satisfying only his needs and accommodated the needs of others marked the real evolution of entrepreneurship. Entrepreneurship development has been gradually corresponding with the development of the human race and it has reinforced the emergence, proliferation and growth of small scale businesses in Nigeria. In the light of the above, this paper attempts to establish the impact of entrepreneurship evolution on the growth of small scale businesses in Nigeria by discussing the concept of entrepreneurship and its evolution in Nigeria, the concept of small scale business and efforts aimed at enhancing the growth of small scale businesses in Nigeria. The paper also x-rays the relationship between entrepreneurship evolution and the growth of small scale businesses in Nigeria. It was concluded in the paper that entrepreneurship evolution has positive correlation on the growth of small scale businesses in Nigeria.},
year = {2017}
}
TY - JOUR T1 - Entrepreneurship Evolution and the Growth of Small Scale Businesses in Nigeria AU - H. N. Nzewi AU - E. M. Onwuka AU - M. Onyesom Y1 - 2017/05/18 PY - 2017 N1 - https://doi.org/10.11648/j.jbed.20170203.16 DO - 10.11648/j.jbed.20170203.16 T2 - Journal of Business and Economic Development JF - Journal of Business and Economic Development JO - Journal of Business and Economic Development SP - 176 EP - 181 PB - Science Publishing Group SN - 2637-3874 UR - https://doi.org/10.11648/j.jbed.20170203.16 AB - Entrepreneurship is an essential variable in the growth and development of any economy. The point at which man stopped satisfying only his needs and accommodated the needs of others marked the real evolution of entrepreneurship. Entrepreneurship development has been gradually corresponding with the development of the human race and it has reinforced the emergence, proliferation and growth of small scale businesses in Nigeria. In the light of the above, this paper attempts to establish the impact of entrepreneurship evolution on the growth of small scale businesses in Nigeria by discussing the concept of entrepreneurship and its evolution in Nigeria, the concept of small scale business and efforts aimed at enhancing the growth of small scale businesses in Nigeria. The paper also x-rays the relationship between entrepreneurship evolution and the growth of small scale businesses in Nigeria. It was concluded in the paper that entrepreneurship evolution has positive correlation on the growth of small scale businesses in Nigeria. VL - 2 IS - 3 ER -
Information
Email: