THE NIGERIA ECONOMY NEEDS AND EMPLOYMENT GENERATION. THE STUDY IS LIMITED TO STUDENTS IN ONDO WEST LOCAL GOVERNMENT AREA OF ONDO STATE
Abstract
ABSTRACT
The research focused on entrepreneurship and employment generation in selected manufacturing firms in South East Nigeria. This study aimed at ascertaining the extent entrepreneurship risk-taking impact on employment generation to the state as well as to examine the extent entrepreneurial creativity impact on economic activities in the state: The data collected from respondents through questionnaire were analyzed with tabular presentation and percentage.
Therefore entrepreneurship risk taking have a significant positive effect 'on employment generation and also the entrepreneurial creativity have a significant positive effect on economic activities in the state. In conclusion, from the data analyzed it was established that entrepreneurship risk-taking aids in providing employment to the people. Also entrepreneurs aids in job creation for unemployed youths. Moreso, the entrepreneurs engage in economic activities in the state through the production of goods and services and these goods produced by the entrepreneurs serve the need of the people. The entrepreneurship-innovations create employment as well as assisted in producing modern goods. The major recommendations are that the state should encourage entrepreneurship risk taking activities through provision of soft loan orfinancial assistant to enable then expand their businesses thereby generating more employment to the state. The entrepreneurship creativity leads to invention or production of modem goods, the government should reduce the bottle-necks involved in importation of equipment to enable entrepreneurs procure equipment for production activities.
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