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Encouraging Entrepreneurship As A Way Of Reducing Unemployment In Bayelsa State
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1.6 Significance of the Study
The
study will enrich the body of literature thereby expanding knowledge in
the area. As could be seen from past studies in the area,
entrepreneurship development has been the popular prescription for
reducing the increasing rate of unemployment in Nigeria. Also, the
policy dialogue that will arise from the findings would be of immense
benefit to different categories of people and they include the
government, the practising and prospective entrepreneurs, the students,
researchers and the general public.
1. The government: The
government would be sufficiently enlightened on how to make
entrepreneurship development impact unemployment significantly.
2.
Practising and Prospective Entrepreneurs: These categories of people
would be better informed on how to access government incentives to boost
their operations by reducing cost of doing business.
3. Students
and Researchers: This group will find the result very useful because it
will serve as good starting point for those who might want to carry out
further studies in the area.
4. The General Public: Members of
the public will be better-off because increase in the number of
entrepreneur’s will enhance the overall welfare of the people.
1.7 Scope and limitations of the study
This work is on the encouraging of entrepreneurship as a way of reducing unemployment in Bayelsa State.
1.8 Definition of Terms
Unemployment:
Unemployment is defined as a situation where someone of working age is
not able to get a job but would like to be in full-time employment.
Entrepreneurship:
Entrepreneurship is the process of designing, launching and running a
new business, which is often initially a small business. ...
Entrepreneurship has been described as the "capacity and willingness to
develop, organize and manage a business venture along with any of its
risks to make a profit.
Youth: Youth is the time of life when one
is young, and often means the time between childhood and adulthood
(maturity). It is also defined as "the appearance, freshness, vigor,
spirit, etc., characteristic of one who is young
The United
Nations defines youth as persons between the ages of 15 and 24 with all
UN statistics based on this range, the UN states education as a source
for these statistics. The UN also recognizes that this varies without
prejudice to other age groups listed by member states such as 18–30.
1.9 Organization of the Study
This
chapter introduced the focal point of this study. The chapter also gave
the background of the study and identified research problem as well as
knowledge gap for the research. The chapter also looked at the specific
research questions that guided the research. This research also
identified the rationale of the study and the scope which is limited to
five non-governmental organizations in Nigeria. Definitions of terms
used in the research have been included and the importance of the study
has also been addressed. Chapter two explained past literature on the
study and used the research questions as the structure for this review.
Chapter three described the research style that was adopted for the
study. Chapter four addressed the conclusion of the data that had been
collected based on the research questions. Chapter five then summarized
the various conclusions of the research according to the research
questions and presented the major conclusions.
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ABSRACT - [ Total Page(s): 1 ]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 rel ... Continue reading---
