IIARD International Institute of Academic Research and Development

WORLD JOURNAL OF ENTREPRENEURIAL DEVELOPMENT STUDIES (WJEDS )

E-ISSN 2579-0544
P-ISSN 2695-2483
VOL. 10 NO. 1 2025
DOI: 10.56201/wjeds.v10.no1.2025.pg91.99

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The Entrepreneurship Skill Development and Creativity as Key Factors That Influence Economic Growth in Nigeria

Dr Kingsley I. Amadi & Dr Ibietela Victor Bob-Manuel

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Abstract

Technical advancements and developments over the years have improved the scientific relationship between knowledge and economic growth, so that economic growth is now centered on the intangible development of values in the form of vital skills, services, cutting-edge technologies, and inventions rather than just the exploitation of raw materials, energy sources, and tangible goods. Nigeria's high rate of poverty and youth unemployment has necessitated a revision of the country's conventional approaches to human capital development. This paper's primary objective is to provide insight into recent advancements in our knowledge of the forces that influence the creation, dissemination, and innovation of information during the entrepreneur's growth phase. This study examined the entrepreneurship development programs offered by postsecondary educational institutions as well as the ability of recent and prospective graduates to create jobs. Therefore, forty youth corps members were surveyed to assess their entrepreneurial dispositions at the Rivers State NYSC orientation camp in Port Harcourt. In a similar vein, surveys were conducted at four tertiary institutions in Rivers State. Twenty pupils from each of the chosen schools made up the sample of institutions. Twenty people were polled out of 100. It was discovered that 32% of those who acknowledged having taken entrepreneurship courses expressed interest in starting their own companies using the X2 analytical technique, 22% preferred working for private companies, and 46% preferred working for either government agency. The policy implications of this study are important for designing regulations that impact knowledge development and effectively disseminate knowledge into needs that are beneficial to society.

keywords:

Entrepreneurs, Knowledge, Innovation, Dissemination, Growth, Creativity

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