THE INFLUENCE OF SMALL AND MEDIUM SCALE ENTERPRISE AND ECONOMIC DEVELOPMENT IN NIGERIA
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 5000
ABSTRACT
This study was carried out to examine the influence of SMEs and economic development in Nigeria using Y2K Pub in Asaba, Delta state, Nigeria, as a case study. Specifically, the study aimed at ascertaining the role of SMEs and managerial capacity in the economic development in Nigeria; identify the factors affecting SMEs and managerial capacity in contributing to the economic development of Nigeria; evaluate the extent to which SMEs and managerial capacity have contributed to the economic development of Nigeria; identify problems or constraints that militates against the growth and development of SMEs in Nigeria. The study employed the survey descriptive research design. A total of 50 responses were validated from the survey. From the responses obtained and analysed, the findings revealed that Entrepreneurship plays a crucial role in the economic growth and development of any nation. In order words, there is a veritable link between entrepreneurship development and economic development. Furthermore, the Pearson Correlation result shows there is a significant relationship between SMEs and economic development in Nigeria. The study recommend Policy makers should recognize the essence of SME to economic development. Entrepreneurship deserves equal emphasis as is being placed on science and technology; it is the entrepreneur that translates the innovation in science and technology into wealth. Thus, SMEs should be recognized as an important factor of production just as land (raw materials), labor and capital (liquid and physical), since it is only the entrepreneur that can combine all the other factors to produce wealth.
Related Project Materials
Enhancing Genomic Variant Prioritization Using Deep Learning Approaches: A Case Study of Ahmadu Bello University, Zaria, Kaduna State
Background of the Study :
Genomic variant prioritization is a critical step in identifying clinically significant mutations...
The Role of Artificial Intelligence in Detecting and Mitigating Cyber Threats in Nigeria: A Case Study of Kaduna ICT Hub
1.1 Background of the Study
In an increasingly digital world, cyber threats pose significant risks to the security and stability of infor...
The impact of virtual science laboratories on students' practical knowledge in Dutse South LGA, Jigawa State
Background of the Study
Virtual science laboratories have emerged as a crucial innovation in modern education, providing a...
E TOURISME AU BÉNIN : LE CAS DE OUIDAH
Introduction
Comme on dit en anglais : « All work and no play makes Jack a dull boy » Les gen...
Enhancing Teacher-Student Communication through Mobile Platforms in Secondary Schools in Damaturu Local Government Area, Yobe State
Background of the Study
Effective communication between teachers and students is essential for a successful learning exp...
Design of a Quantum-Based Scheduling Algorithm for University Course Allocation at Abubakar Tafawa Balewa University, Bauchi State
Background of the Study
University course allocation is an essential part of academic administration, ensuring that stud...
INFLUENCE OF OWNERSHIP IN RADIO NEWS COVERAGE (A STUDY OF FEDERAL RADIO CORPORATION OF NIGERIA, ENUGU)
Abstract
This study was undertaken to examine to influence of ownership in radio new coverage. Categories of media ownership in Nigeria a...
A CLOUD COMPUTING-BASED DASHBOARD FOR THE VISUALIZATION OF MOTIVATIONAL INTERVIEWING METRICS
ABSTRACT
Heng, E Jinq. M.S. Department of Computer Science and Engineering, Wright State University, 2022. A Cloud Computing-based Dashbo...
An Examination of the Relationship Between Fiscal Consolidation and Economic Growth in Nigeria
Background of the Study
Fiscal consolidation involves measures to reduce government deficits through spending cuts, increa...
An Examination of Board Accountability and Financial Mismanagement in Bauchi State
Background of the Study
Board accountability is a cornerstone of effective corporate governance, ensuring that organizat...
