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THE NEED FOR
THE DEVELOPMENT OF ENTREPRENEURSHIP IN A DEPRESSED ECONOMY
ABSTRACT
This research
work strives to evaluate the extent of development in Entrepreneurship in a
depressed economy like Nigeria. A closer
and pragmatic approach was adopted by using Nigerian Association of Small-Scale
Industrialists (NASSI) Enugu State Chapter.
NASSI has been seen as one of the nation’s governmental agency involved
in manpower development and training and financing small-scale industrialists.
In view of this the following is being recommended for improving this
developmental objective.
Government
commitment in developing the sector, this giving the much desired self-reliance
a priority by investing in the project.
The entire
citizenry are enjoined to be creative by being involved in creation of
opportunities for self-reliance rather than relying on government and other big
companies for their jobs.
The
provision of an organized loan-revolving scheme, thus making it mandatory for
benefactors to repay in time.
Nassi should
as well try and organize their curricular towards giving trainings that are
practical and not theoretical so as to feel the impact in a short period of
time. And finally the need to inculcate
into our psych and schema the need to be technologically self-reliant.
Therefore,
the research is suggesting that further studies could be done on this by
evaluating the impact of small-scale enterprises in the economy. And the prospects of the Nigerian
Entrepreneur in a depressed economy. Consequently, the research solicits for
NASSI to be more pragmatic in their operation vis-à-vis the decree of which
they were established and then government in its own effort to try and create
an enabling environment for entrepreneurship development. In +his words Abrahim Maslow (A psychologist
known for his theories regarding human needs) insinuated that “the most
valuable 100 people to bring into a deteriorating society would not be
economists, or politicians or engineer rather 100 entrepreneurs.”
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