ENTREPRENEURSHIP DEVELOPMENT AND YOUTH EMPOWERMENT: A VERITABLE SCHEME FOR ECONOMIC GROWTH IN ABEOKUTA SOUTH LOCAL GOVERNMENT

AYO-BALOGUN, A.O and OGUNSANWO, A.O (2019) ENTREPRENEURSHIP DEVELOPMENT AND YOUTH EMPOWERMENT: A VERITABLE SCHEME FOR ECONOMIC GROWTH IN ABEOKUTA SOUTH LOCAL GOVERNMENT. In: 10TH NATIONAL CONFERENCE, SCHOOL OF MANAGEMENT STUDIES, 2019, The Federal Polytechnic, Ilaro.

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Abstract

For every entrepreneurship initiative a job is created and if properly nurtured it expands and more jobs are created, moreover youth empowerment has been linked by previous researchers as veritable strategy for economic growth it has also been established empirically that entrepreneurship development is a veritable tool for youth empowerment. This study focused on the role of entrepreneurship in youth empowerment in Abeokuta South Local Government. The study adopted a survey research design. The entire populations of 250,278 of people in Abeokuta South Local Government were targeted. A sample of 200 SMEs (Owners Managers) was selected through a purposive (nonparametric) sampling technique, relevant data were collected using a questionnaire tagged entrepreneurship development scale. Both Descriptive and Inferential statistics tools were used in analyzing the relevant data. It was reveal from the findings of the study that Entrepreneurship Development is a strategy has a significant relationship with Youth Empowerment r=.869, r2=. 755 (f(1/118)=363.022: β=.911; t=19.053 p<0.05. Based on the finding it was concluded that entrepreneurship development and Youth Empowerment are good correlates and therefore recommended that government should intensify-effort at promoting youth entrepreneurship.

Item Type: Conference or Workshop Item (Paper)
Subjects: H Social Sciences > H Social Sciences (General)
H Social Sciences > HF Commerce
H Social Sciences > HJ Public Finance
Divisions: Faculty of Law, Arts and Social Sciences > School of Management
Depositing User: Miss Ayomikun Ogunbadejo
Date Deposited: 30 May 2020 13:26
Last Modified: 30 May 2020 13:26
URI: http://eprints.federalpolyilaro.edu.ng/id/eprint/184

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