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Entrepreneurship and Sustainable Economic Growth in Nigeria

Dr. Sunday Edesiri Akiri, Iliya Dan Iliya & Francis O. Adi

Abstract

The importance of entrepreneurship as a realistic tool for economic growth in Nigeria is enormous, considering the experiences of developed economy like united states and emerging economies like china and India. This paper postulated that entrepreneurship has been instrumental in economic growth and job creation in most dynamic economics where technology is changing at a faster rate and the product life cycle is becoming smaller. This paper adopted Narrative - Textual case Study (NTCS); for it analysis. It is a social science research method that relies on information and data from several sources for problem-solving or problems- identification. The paper reveals that business environment for entrepreneurship is insufficient in Nigeria on the challenges of power and other infrastructural facilities. The paper therefore recommended that government should focus on capacity building, improving infrastructural facilities and enabling environment which will lead to entrepreneurship development and sustainable economic growth

Keywords

entrepreneurshipEconomic growth and development

References

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