ABSTRACT
The purpose of this
study is to determine the impact of foreign capital in entrepreneurship
development in Nigeria. To do this, data were collected through questionnaires
and literature review.
The data were presented
in table as frequency distribution and analysed with frequencies and
percentage.
Having analysed the
data, the following are the major findings
v Multilateral organization, foreign
government and private investors provide foreign capital for entrepreneurship
development in Nigeria.
v Foreign capital increase loanable
funds for Nigeria entrepreneurs, provides funds for importation of foreign
machinery and equipment as well as for entrepreneurship training in management.
v Nigeria entrepreneurship can also
arise foreign capital from international capital markets while multinational
companies indirectly finance entrepreneurship development in Nigeria.
LIST OF TABLES
4.1 Administration
of Questionnaires.
4.2 Sex
Distribution of Respondents
4.3 Age
Distribution of Respondents
4.4 Marital
Distribution of Respondents
4.5 Educational
Distribution of Respondents
4.6 Organizational
Distribution of Respondents
4.7 Responses
to provision of funds for entrepreneurial development
4.8 Types
of Entrepreneurial venture funded
4.9 Nature
of Entrepreneurial activities
4.10 Source
of Loanable funds
4.11 Responses
to access to foreign capital
4.12 Source
of foreign capital
4.13 Reponses
to contribution of foreign capital to entrepreneurship development.
4.14 The
role of foreign capital in Entrepreneurship development in Nigeria
4.15 Responses
to foreign private investment and promotion of entrepreneurship development
4.16 Reponses
to Nigeria entrepreneurs and fund raising from international capital
market
4.17 Multinational
companies and provision of foreign capital for entrepreneurship development.
TABLE OF CONTENTS
CHAPTER ONE--
INTRODUCTION
1.1
Background of the study
1.2
Statement of problem
1.3
Purpose of the study
1.1
Scope of the study
1.2
Research questions
1.3
Research hypothesis
1.4
Significance of the study
1.5
Limitation of the study
1.6
Definition of terms
References
CHAPTER TWO-- REVIEW OF
RELATED LITERATURE
2.1
Review of related literature
2.2
Nature of entrepreneurship development in
Imo state
2.3
Institutional arrangement for enhancing entrepreneurship development in
Nigeria
2.4
Challenges of entrepreneurship development
In Nigeria
2.5
International organisation and entrepreneurship development
2.6
The role foreign capital in entrepreneurship development in Nigeria.
References
CHAPTER THREE - RESEARCH
DESIGN AND METHDOLOGY
3.1 Research
design
3.2 area of the study
3.3 population of the
study
3.4
sample and sampling procedures and techniques
3.5 instrument of data
collection
3.6 validation of the
instrument
3.7 reliability of the
instrument
3.8 method of data
collection
3.9 method of data
analysis
References
CHAPTER FOUR----DATA PRESENTATION AND ANALYSIS
4.1
Presentation and analysis of data
4.2
Testing of hypothesis
4.3
Summary of results
Reference
CHAPTER
FIVE-----DISCUSSION RECOMMENDATION AND CONCLUSION
5.1
Discussion Of Result And Finding
5.2
Conclusion
5.3
Implication
5.4
Recommendation
5.5
Suggestion for further research
References
Bibliography
Appendix i.
Appendix Ii
CHAPTER ONE
INTRODUCTION
In this chapter
the research introduced the topic role of foreign capital in Entrepreneurship
development in Nigeria (A case study of Imo state. The chapter is broken down
into sub – headings. Background of the study, statement of problem, purpose of
the study, scope of the study, research questions, research hypothesis,
significant of the study. Definition of terms and references.
The sub – heading are
discussed below.
1.1 BACK
GROUND OF THE STUDY
The current emphasis on entrepreneurship
development is informed by the protracted economic downtown which has not only
retarded economic growth but aggravated unemployment situation in the country
(Ugbaja,2001:22) Hitherto, everyone looked into the government as the provider
of employment opportunities. Many Nigeria did not think of self determination
as an alternative to government employment. But the worsening unemployment
situation currently playing the country has changed this thinking, short
of alternatives, many graduates and school leavers as well as other Nigeria are
now moving in quest of self determination by launching themselves into
various business venture (Eze, 1997:34).
In recognition of the need of foreign capital to
enhance entrepreneurship development in Nigeria, the federal government has
introduced has introduced a series of policy padages that are designed to
attract foreign investment in the Nigeria small and medium enterprises sub –
sector. In an attempt to diversify the economy and stimulate foreign private
enterprise development government agencies and private institutions are
liaising with international with international organization to enhance the
letters participation in different entrepreneurship development
activities in Nigeria (Onyishi, 2001.19). There are international organization
such as the international labour organization involved in promoting small
business and entrepreneurship in different part of the world (Afolabi,2001:22).
In addition to providing foreign capital these international organizational
also provide technical assistance for these African countries. It is against
this back ground that this study is set to examine the role of foreign capital
in entrepreneurship development in Nigeria.
1.2 STATEMNET
OF PROBLEMS
Entrepreneurship
development at providing self – employment opportunities for millions of
unemployed Nigeria. However, this has not been effectively achieved in Nigeria
because of the following.
1. Inadequate
financing from local financial institution.
2. The
lad of foreign investment in the economy is low and cannot adequately provide
foreign capital to supplement the available domestic capital for
entrepreneurship development.
3. The
present of international organization through which foreign capital can be
channeled into the economy is low. All these constrain the repid growth of
entrepreneurship development in Nigeria.
1.3 PURPOSE
OF THE STUDY
The
purpose of the study is:
1. To
examine the nature of entrepreneurship development in Imo state
2. To
examine the institutional arrangements development for entrepreneurship
development.
3. To
determine the role of foreign capital in entrepreneurship
development
4. To
determine the extent of foreigners participation in entrepreneurship activities
5. To
examine the challenges of entrepreneurship development in Imo state
1.4 SCOPE
OF THE STUDY
The scope of this
study covers the nature of entrepreneurship development and the impact of
foreign capital, in this regard, however the study is concentrated in Imo
state.
1.5 RESEARCH
QUESTIONS
1. What
is the nature of entrepreneurship development in Imo state?
2. What
are the institutional arrangement for entrepreneurship development?
3. What
is the role of foreign capital in entrepreneurship development?
4. To
what extent do foreigners participates in entrepreneurship activities.
5. What
are the challenges and prospects of entrepreneurship development
in Imo state?
1.6 RESEARCH
HYPOTHESIS
HYPOTHESIS ONE
Ho: Nigerian
entrepreneurship do not have access to foreign capital
Hi: Nigeria entrepreneur
have access to foreign capital.
HYPOTHESIS TWO
Ho: Foreign capital does
not contribute significantly to entrepreneurship development in Nigeria
Hi:
Foreign capital does not contribute significance
to entrepreneurship development in Nigeria
HYPOTHESIS THREE
Ho: Foreign private
investment does not enhance entrepreneurship development
Hi:
Foreign private investment enhances
entrepreneurship development
SIGNIFICANCE OF
THE STUDY
This study will be
useful as it will serve various purposes. Firstly, graduates and school –
leavers will be encouraged by this study to take the existing opportunities to
entrepreneurship development to be self – determining. In this way, they can
stop wasting their time waiting for non – existent jobs in the public sector.
Secondly, the study will enable all potential entrepreneurship understand the
challenges of entrepreneurship and how they can be overcome. Thirdly, private
institution government agencies and Nigeria businessmen with international
connections will also benefit from this study. They will understand from this
study the need for them to attract or bring foreigners into Nigeria to form
participation. This will be a very significant way of making foreign capital to
flow into the country for the purpose of entrepreneurial activities. Foreign
capital will enable the local entrepreneurs to acquire or procure adequate
equipments and infrastructures required for small business or entrepreneurial operations.
Fourthly, the government
will also benefit from the study. The role of foreign capital in
entrepreneurial development can not be over emphasized. The government will see
in this study the need to enter into agreements with government of the western
and eastern Europe as well as the far east and American on the funding of
entrepreneurial programmes in Nigeria. Not only foreign government should these
involved but – National organizations. Fifthly, all well – meaning Nigeria will
also benefit from the study. This is because it will make them understand the
need for increased emphasis and exploration into entrepreneurial ventures and
how sustained entrepreneurship activities will enhance industrial development
in Nigeria. Finally, the study will be useful for academic purpose. It will
provide useful data and information for all those who will carryout related
studies in the future. Besides, the research findings can provide the for
further studies.
DEFINITION
OF TERMS
Entrepreneur:
this refers to any individual who creates new business and manages it until it
succeeds.
Entrepreneurship: this is the process of creating a new business
and managing it until it succeeds.
Business environment: this includes all the physical facilities,
regulation, opportunities and risk there in.
Venture capital: this is the funds which investment
institutions loan not for investment purpose.
Business – up capital: this is the capital needed for initial
take off of business.
Business opportunities: this is a potentially profitable event.
Innovative: this
is the development of a new product from an old one.
Department | Business Administration and Management |
Project ID Code | BAM0156 |
Chapters | 5 Chapters |
No of Pages | 78 pages |
Reference | YES |
Format | Microsoft Word |
Price | ₦4000, $15 |
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Contact Us On | +2347043069458 |