ERADICATING POVERTY THROUGH ENTREPRENUERIAL DEVELOPMENT STRATEGY
Abstract
The paper examines entrepreneurial development as a strategy to poverty eradication. It x-rays the various programmes put in place in the past by the Nigerian government and notes that these programmes have not been honestly executed to reduce effects of poverty on the people, instead, the situation has gone worse due to dubious executors of the programmes. The paper posits that for poverty alleviation/reduction programmes to succeed, Nigeria needs to renew her vision and commitment to the decentralization of entrepreneurial development programmes, and having new arrangement with community based organizations, non-governmental organizations and the private sector. Skill acquisition centres/programmes need proper monitoring to check dubious executors. This can be achieved through good governance.
Keywords
Full Text:
PDFReferences
Adebusuyi, A. (2010). “Development of Dynamic Small and Medium Enterprises in Nigeria: The Role of Co-operative Groups”. A Paper Presented at the Workshop on Alleviating Poverty Through Co-operative Groups Organized by the CBN Co-operative Ltd. 9th-11th October.
Ahiauzu, A. I. (2012): “Developing Functional Entrepreneurial Culture in the African Society” Journal of Business Studies, Vol.1 No.1 pp.1-19.
Ahiauzu, A. I.; Jaja, S. A. and Asawo, S. P. (2012): Report on the NDDC Vocational Training Survey in Rivers State, (CIMRAT Publications: Port Harcourt), 233pp.
Ahiauzu, A. I (2012),”Entrepreneurship and Economic Development in Nigeria: the way Forward” keynote address delivered at the third National Conference of the Academy of Management Nigeria, held at the University of Benin, Benin City, Nigeria, on 21-22 October 2009.
Ake, C. (1981): A Political Economy of Africa, (Longman Group Limited, Harlow)
Ake, C. (1996): Democracy and Development in Africa, (Spectrum Books, Ibadan).
Awaiko, W. J. (2012). “Entrepreneurship Development in a Depressed Economy”. Journal of Business and Management Studies. Vol. 1. No. 1, pp 117-127. September.
Ayozie, D. O. (2007). “The Role of Small Scale Industry in National Development in Nigeria. A Paper Presented at the 32nd Annual National Conference of the Association for Small Business and Entrepreneurship. Texas: Corpus Christi. 1st – 3rd November.
Cheru, F. (2002): African Renaissance: Roadmaps to the Challenge of Globalization, (ZED Books, London).
Dejardin, M. (2000). Entrepreneurship and Economic Growth: An Obvious Conjunction? Indiana University: Institute For Development Strategies.
Dejardin, M. (2000): “Entrepreneurship and Economic Growth: An Obvious Conjunction?” Publication Series, The Institute for Development Strategies, (Indiana University).
Delana, G. E. (2001), Life Planning Education. A handbook for Teachers Ministry of Education and Ministry of Health, Oyo State.
Diejomaoh, V. P. (1998) From Poverty Alleviation to Poverty Eradication. The Centrality of Employment Promotion, public lecture to the Lagos business school, Lagos, Nigeria, 20th November.
El-Rufai, N. A. (2001) Poverty Alleviation through Economic Democratisation Business Times, 18th June, 21pp.
Harper, D. A. (2009). “Foundations of Entrepreneurship and Economic Development”. Cato Journal. Pp 344-347,
Hausmann, R. and Rodrik, D. (2003). “Economic Development As Self – Discovery”. Journal of Development Economics. Vol. 72, Issue 2, pp 603-633.
Ewuzie Kelechi (2014). Business day. Friday January 24, 2014
Henderson, J. (2007): “Understanding Rural Entrepreneurs at the County Level: Data Challenges”, Paper presented at the Frameworks for Entrepreneurship Research in Food, Agriculture and Rural Development Workshop, Kansas City, October 18.
Jeroh, E. (2008). Commercial Banks and Entrepreneurial Development in Nigeria: A
Case Study of Oceanic Bank International Plc In The Niger Delta Region. An MBF
Thesis, Department of Economics, Delta State University, Abraka, Nigeria.
Jeroh, E. and Chinwuba O. (2008), “Entrepreneurship: the Engine of Economic Development for Nigeria” delivered at the third National Conference of the Academy of Management Nigeria, held at the University of Benin, Benin City, Nigeria, on 21-22 October 2008.
Knight, F. (1942): “Profit and Entrepreneurial Functions”, The Journal of Economic History, Vol.2, Supplement, pp.126-132.
Knight, F. (1971): Risk, Uncertainty and Profit, (University of Chicago Press, Chicago).
Lal, A. K. and Clement, R. (2009). Economic Development in India: The Role of Individual Enterprise (An entrepreneurial Spirit). Asia-Pacific Development Journal Vol. 12, No. 2, pp 81-99. Dec.
Lazonick, W. (2010). Entrepreneurial Ventures and The Developmental State: Lessons From the Advanced Economies. WIDER Discussion Paper No. 2010/01. Helsinki: UNU – World Institute for Development Economics Research.
Mafeje, A. and Radam, S. (1995) Economic and Demographic Change in Africa, Oxford Gladendon Press.
Murphy, P. J., Liao, J. and Welsh, H. (2011). “ A Conceptual History of Entrepreneurial Thought”. Journal of Management History, Vol 12, No. 1, pp 12-35
Naudé, W. A. (2009). “Peace, Prosperity, and Pro-Growth Entrepreneurship” WIDER Discussion Paper No. 2007/02. Helsinki: UNU – World Institute for Development Economics Research.
Naudé, W. A. (2010). “Entrepreneurship in Economic Development” WIDER Discussion Paper No. 2008/20. Helsinki: UNU – World Institute for Development Economics Research.
Nghiep, L. T. (1990) Aspect of Development, Poverty Alleviation in Developing Countries. International Development Centre of Jana (IDCJ).
Obayuwana, O. (2010): “Africa: a Resolve to Grapple with Hunger and War”, The Guardian, Vol.21 No.9 p.568.
Obembe, J. J. (2010). Impact of Governments Poverty Reduction Programmes on Some Social-Economic Variables” Journal of Social and Policy issues . Vol. 4. No.1. Dev. Consortia Ikote-Ekpene.
Ogwunike, F. (2001) Poverty Alleviation Appraisal of 2001 Budget, Business Times 9th 15th April, 16 and 17pp.
Okojie, C. (1998) Gender, Poverty and Educational Human Capital Investments in Nigeria. The Nigerian Economic and Financial Review (NEER) Volume 3, University of Benin Nigeria.
Oliver, R. And Atmore, A. (1994): Africa since 1800, (Cambridge University Press, Cambridge).
Onyige, P. U. (2001): The Political Economy of Mexico Oil Industry: Some Implications for the Management and Utilization of Nigerian Petroleum Industry, (Zim Pan African Publishers Ltd, Oguta).
Osayimwese, I. (1983): “Agriculture and Industry in Development Planning: a Dualistic Framework”, Development Economics and Planning Essays in honour of Ojetunji Aboyede, (Unibadan Publishing Consultant, Ibadan).
Ozo-Eson, P. I. and Ukiwe, U. (2001): Challenges of the Niger Delta, (CASS Publications, Port Harcourt).
Plummer, P. and Taylor, M. (2003): “Entrepreneurship and Human Capital: distilling models of local economic growth to inform policy”, Journal of Small Business and Enterprise Development, Vol.11 No.4 pp.427-439.
Plummer, P. and Taylor, M. (2004): “Promoting Local Economic Growth: the role of entrepreneurship and Human Capital”, Education and Training, Vol.45 No.8/9 pp.558-563.
Schmitz, J. (1989). “Imitation, Entrepreneurship and the Long – Run Growth”.
Schumpeters, J. A. (1911). Theorie der wirtschaftlichan Entwicklung: Eine Untersuchung über Unternehmergewinn, Kapital, Kredit, Zins und den konjunkturzyklus; translated by OPIE, R (1963). The Theory of Economic development: An Inquiry into Profits, Capital, Credit Interest and the Business Cycle, Oxford: Oxford University Press.
World Bank Report (2011): http://www.worldbank.org
Refbacks
- There are currently no refbacks.
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.