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Entrepreneurship Role in Sustainable Development in Nigeria: The Dangote Phenomenon

Journal: Business, Management and Economics Research (Vol.4, No. 2)

Publication Date:

Authors : ;

Page : 20-26

Keywords : Entrepreneurial serendipity; Social entrepreneurship; Entrepreneurship process; Multinational entrepreneurship; Multidimensional phenomenon.;

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Abstract

The study was carried out to explore the relationship between entrepreneurship and sustainable development in Nigeria based on the Dangote phenomenon. Entrepreneurship implicates the state of being an entrepreneur. The entrepreneurship process leads to employment generation and poverty reduction all of which help in sustainable development, which is the type of development that protects the environment, meets the current needs of society and also enables future generations to meet their own needs. Entrepreneurship is concerned with change because it is capable of creating opportunities and threats. The consequences of change may present viable business opportunities or render current products or services obsolete. Therefore, a meaningful entrepreneurship research must provide necessary information about successful entrepreneurs as a guide. The qualitative case study approach was employed for the study, empirical literature provided relevant information for analysis and it was found that entrepreneurship has significant positive relationship with sustainable development.

Last modified: 2018-11-06 15:40:30