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Encouraging Entrepreneurship As A Way Of Reducing Unemployment In Bayelsa State
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This study examined how encouraging entrepreneurship can serve as a way for the reduction of youth unemployment in Bayelsa State, Nigeria. The main objective of the study is to evaluate how encouraging entrepreneurship can help reduce youth unemployment. The study used primary data generated from five hundred questionnaires administered to self-employed youths that manage their private businesses in Yenagoa, the capital of Bayelsa State, Nigeria.
The results reveal that there is a significant relationship between encouraging entrepreneurship and youth unemployment. Therefore, the study recommends that the Federal Government of Nigeria should establish training centres and the necessary equipment where youths can acquire entrepreneurial skills; as well as provide funds in form of loans that youths can easily access to set up businesses.
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CHAPTER ONE - [ Total Page(s): 3 ]The discipline of entrepreneurship generally studies the why, when and how of opportunity creation, recognition and utilization for providing goods and services through the creation of new firms (start-ups) and within existing firms for both profit and non-profit purposes. Not all opportunity creation will necessarily be in society’s best interest. The reward structure of a society can also lead to a destructive allocation of entrepreneurial talent. The focus here is on productive entrepreneur ... Continue reading---
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CHAPTER ONE - [ Total Page(s): 3 ]The discipline of entrepreneurship generally studies the why, when and how of opportunity creation, recognition and utilization for providing goods and services through the creation of new firms (start-ups) and within existing firms for both profit and non-profit purposes. Not all opportunity creation will necessarily be in society’s best interest. The reward structure of a society can also lead to a destructive allocation of entrepreneurial talent. The focus here is on productive entrepreneur ... Continue reading---
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