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Entrepreneural Development and Firm Growth in Nigeria: Barriers and Prospect among Sme's in Anambra State
This paper, Entrepreneurship in Economic Development, firm growth and Barriers to doing business was undertaken to find out if there are impacts of Entrepreneurship to economic growth of any nation using firm growth and barriers as variables. The sample for this study consisted of people in managerial level of listed corporations. The methodology used in the study was a selection of 63 respondents from manufacturing firms. Questionnaires were administered to the respondents using simple random sampling technique.
The general objective of the study is to investigate the place of entrepreneurship in Economic development and improving firm growth among manufacturing firms in Anambra State. In order for this study to achieve its objectives, the research was guided by research questions and hypothesis. The data gathered were analyzed electronically by chi-square method with SPSS package. The analysis of the result shows that there is a strong positive correlation between Entrepreneurship and Economic development. The study recommends that there are needs for all individuals to place greater emphasis on skill acquisition and technology in planning for their economic existence.
The general objective of the study is to investigate the place of entrepreneurship in Economic development and improving firm growth among manufacturing firms in Anambra State. In order for this study to achieve its objectives, the research was guided by research questions and hypothesis. The data gathered were analyzed electronically by chi-square method with SPSS package. The analysis of the result shows that there is a strong positive correlation between Entrepreneurship and Economic development. The study recommends that there are needs for all individuals to place greater emphasis on skill acquisition and technology in planning for their economic existence.
Keywords
Economic Development, Firm Growth, SME, Entrepreneurship
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