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Periodical article Periodical article Leiden University catalogue Leiden University catalogue WorldCat catalogue WorldCat
Title:Development of the Niger Delta peripheral region: positive youth empowerment through entrepreneurship
Authors:Obeleagu-Nzelibe, Chinelo Grace
Moruku, Robert KemepadeISNI
Periodical:African Administrative Studies (ISSN 0007-9588)
Geographic term:Nigeria
Subjects:small enterprises
industrial policy
Abstract:Entrepreneurship development, reducing unemployment, poverty and social inequality, is one way to develop Nigeria's peripheral Niger Delta region. The present study investigates what it takes to develop entrepreneurship, looking at the link between entrepreneurial development and various resources: those of the entrepreneur, those of the enterprise and those of the entrepreneur's network. Data were generated through a survey administered in 2007 to 800 small and medium-scale enterprises in three states of the Niger Delta located in the South-South geopolitical zone of Nigeria. The findings supported the hypothesis that there was no statistically significant link between resources and performance of SMEs in terms of sales growth, profit growth, and employment growth. Two routes to entrepreneurial development seem possible: one, a strategic resources development policy, notably human capital development mainly through formal education, and two, a strategic networking development policy, by means of subcontracting arrangements between transnational corporations and local SMEs and by encouraging SMEs to network with one another as a means of acquiring social capital. Bibliogr., sum. [ASC Leiden abstract]