ENTERPRENURSHIP DEVELOPMENT AS A TOOL FOR GLOBAL COMPETITIVENESS: OGUN STATE EXPERIENCE

Orija, James Ige and Jolaade, I.A (2018) ENTERPRENURSHIP DEVELOPMENT AS A TOOL FOR GLOBAL COMPETITIVENESS: OGUN STATE EXPERIENCE. In: At the First International Conference on Knowledge and Technological Innovation for Global Competitiveness, organized by the Federal Polytechnic, Ilaro, Ogun State, held between 5th and 8th November, 2018, 5th and 8th November, 2018, The Federal Polytechnic, Ilaro, Ogun State.

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Abstract

The key to any nation’s economic growth is the nurturing and developing of its entrepreneurial talents. Entrepreneurship is therefore a critical driver of economic growth, innovation and prosperity of a nation. Global Competitiveness on the other hand, provides a comparative overview of the economic and business potential of countries all over the world. It can also be regarded as the ability of a country to achieve sustained high rate of growth in gross domestic product (GDP). The study investigated the role of entrepreneurship towards economic development of a nation for global competitiveness. The study was carried out in Ogun State of Nigeria. In carrying out the study, two null hypotheses were generated. Three hundred respondents were purposively selected for the study. Questionnaire was the main instrument used to gather data from the respondents on the study. Chi-square method was used to analyse the data collected. It was concluded that entrepreneurship is positively correlated to economic growth of a nation for global competitiveness. It was recommended among others that government at all levels should provide enabling environment and make policies that could enhance entrepreneurship. This would enable a country to compete favourably with other countries of the world.

Item Type: Conference or Workshop Item (Paper)
Subjects: H Social Sciences > H Social Sciences (General)
Divisions: Faculty of Law, Arts and Social Sciences > School of Social Sciences
Depositing User: Mr Taiwo Egbeyemi
Date Deposited: 03 Apr 2023 12:16
Last Modified: 03 Apr 2023 12:16
URI: http://eprints.federalpolyilaro.edu.ng/id/eprint/2224

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