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Entrepreneurship Skills Acquisition And Product Innovation In Nigeria
[A CASE STUDY OF NATIONAL OPEN UNIVERSITY OF NIGERIA NOUN]
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1.2 Statement of the problem
One of the major goals of economic
development strategies pursued by successive Nigeria Government has been
the reduction of unemployment through job creation.
Burnett (2000)
asserts that entrepreneurship is a necessary ingredient for stimulating
growth and successful economic development. Entrepreneurs orchestrate
these transformations and create new channels for economic activity and
employment. Thus, all countries that wish to pursue continued
development must encourage entrepreneurship. Entrepreneurs are creators
of employment for the Nigerian growing population which has significant
effect on poverty alleviation. Poverty and unemployment are
interrelated. Alleviation of unemployment most likely has positive
influence on poverty alleviation. Entrepreneurship has therefore gained
increased prominence and importance as a key factor in job creation,
economic growth and development. Acquiring entrepreneurial skills has
sky-rocket the number of entrepreneurs in the society. Why this is
economically applaud-able on the long run, the One question that has not
been given due and appropriate attention is, how has the acquisition of
entrepreneurial skills enhanced product innovation in Nigeria. The
evaluation of this situation would give a crystal-clear picture on the
weakness of entrepreneurial skills acquisition and therefore inspire
efforts to fill the gap. It is on this premise that this study is
undertaken to examine entrepreneurship skills acquisition and product
innovation in Nigeria.
1.3 Objectives of the study
The
primary goal of this study is to examine entrepreneurship skills
acquisition and product innovation in Nigeria. Specifically, the study
sought to:
Determine the relationship between entrepreneurial skill acquisition and product innovation in Nigeria.
Examine how the acquisition of entrepreneurial skills have enhance innovation in Nigeria.
Examine the challenges impeding the entrepreneurial innovation in Nigeria.
1.4 Research Questions
Is there a significant relationship between entrepreneurial skills acquisition and product innovation in Nigeria?
In what ways has the acquisition of entrepreneurial skills enhance innovation?
What are the possible challenges impeding entrepreneurial innovation in Nigeria?
1.5 Research Hypotheses
The following Null hypotheses was developed and tested in the study
H01: Entrepreneurial skills acquisition does not enhance product innovation.
H02: There is no positive significant relationship between acquisition of entrepreneurial skills and product innovation.
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ABSRACT - [ Total Page(s): 1 ]The concept of entrepreneurship played a formative role in the emergence of business history as a distinct academic field. Entrepreneurship is a process of wealth creation for an individual, community and the large society. The primary goal of this study is to examine entrepreneurship skills acquisition and product innovation in Nigeria. Specifically, the study sought to determine the relationship between entrepreneurial skill acquisition and product innovation in Nigeria.This study employed the ... Continue reading---
