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 3000
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
PHYSICAL PROPERTIES, NUTRITIVE VALUE AND ACCEPTABILITY OF SOYBEAN CHEESE (TOFU) AMONG BOARDING SECONDARY SCHOOL STUDENTS
Background to the Study
Legumes are nutritious and economical sources of protein for population of developing countries...
THE EFFECT OF LEASE AS A MEANS OF PROCUREMENT IN MANUFACTURING ORGANIZATION
ABSTRACT
The essence of this research work is to investigate carefully the effects of lease as a means of procurem...
A CRITICAL SURVEY OF INTERNATIONAL TRADE AND ITS IMPACT ON POVERTY REDUCTION IN NIGERIA
BACKGROUND OF THE STUDY
Poverty has been on the rise in the Nigerian economy for the past two decades,...
EFFECTS OF TALENT MANAGEMENT ON ORGANIZATIONAL PERFORMANCE
Abstract
This study examines the effect of talent management on workers performance in Vitafoam Nigeria Plc. The study utilized both fiel...
AN ASSESSMENT OF THE LEGAL FRAMEWORK OF THE ROLE OF LEGISLATURE IN NIGERIA’S BUDGET PROCESS
Background to the Study
Government budget refers to a country’s financial plan encompassing revenue and expenditur...
THE ROLE OF RISK MANAGEMENT IN PROJECT MANAGEMENT
Abstract: This study explores the role of risk management in project management, aiming to: 1) identify comm...
ASSESSMENT OF COST CONTROL TECHNIQUES ON ROAD CONSTRUCTION PROJECT DELIVERY IN FCT ABUJA, NIGERIA
ABSTRACT
In construction industry the aim of project control is to ensure the projects finish on time, within budget and achieving other...
CONSTRAINTS TO THE DISTRIBUTION OF AGRICULTURAL PRODUCTS BY LOCAL PRODUCERS IN TARABA STATE
EXCERPT FROM THE STUDY
Problems in agricultural marketing include large number of middlemen who intervene between p...
THE ROLE OF COLLECTIVE BARGAINING IN IMPROVING INDUSTRIAL HARMONY IN THE PUBLIC SECTOR
ABSTRACT
The main objective of collection bargaining is essential to described negotiation about working conditions and...
ANALYSIS OF INSURANCE AWARENESS AND INSURANCE PERFORMANCE IN THE NIGERIAN ECONOMY
Background Of The Study
The insurance business serves as the backbone of Nigeria's risk management...
