PROPOSAL: ACCOUNTABILITY AND CORPORATE GOVERNANCE – AN ESSENTIAL ELEMENT FOR NATION-WIDE ENTREPRENEURSHIP DEVELOPMENT By [Author’s Name] 13 February 2011 Research Proposal: Accountability and Governance as Essential Elements for Nation-Wide Entrepreneurship Development in Nigeria…
However, not all countries are willing to adopt the principles of freedom, trade, and business development. Nigeria does not have a rich history of business development and entrepreneurship. Nevertheless, the Nigerian President sets a challenging task to make Nigeria one of the world’s leading economies by 2020. Needless to say, entrepreneurship will play one of the key roles in the economic and social development in the country. This is one of the reasons why the factors of accountability and governance in the small business sector in Nigeria require detailed analysis. Aims and objectives The key question for the proposed study is What Implications Do Accountability and Governance Have for the Future Nationwide Entrepreneurship Development in Nigeria? The key research objectives include: To define and explore the concepts of accountability and governance; To understand and explain the implications of governance and accountability for entrepreneurship; To discuss and evaluate the current state of entrepreneurship in Nigeria; To find out and estimate the prospects of entrepreneurship development in Nigeria until 2020; To explain how accountability and governance can serve the needs of the future entrepreneurship development in Nigeria; To provide recommendations for the future research. Literature Review The current state of literature provides abundant information about accountability and governance in entrepreneurship but leaves little room to the discussion of entrepreneurship in Nigeria (Switzer, LN & Tang, M 2009). Globalization and the following integration of national markets generate great chances for the fast development of business and entrepreneurship in all parts of the world. Nevertheless, not all states are ready to change their principles of freedom, trade, and business development (Switzer, LN & Tang, M 2009). Many of them, especially developing countries meet a lot of difficulties on this way. However, it is possible to create a general picture of entrepreneurship in the African continent and estimate its prospects for the future. It should be noted, that governance and accountability are among the most popular, essential and widely discussed topics of scholarly analysis. The reasons for this are numerous and varied. First and foremost, governance provides a multitude of effects on strategic decisions in entrepreneurship (LeBreton-Miller & Miller 2008). According to LeBreton-Miller and Miller (2008), small and medium enterprises that operate in the context of personal ownership are entirely distinct from those that are owned by diffuse stakeholders. Governance also affects manager-owner agency costs and bears heavy consequences on the quality of strategic outcomes (LeBreton-Miller & Miller 2008). Second, governance is essentially about power, and when globalization adds pressures on entrepreneurs, governance becomes an object of business and professional scrutiny (Verhezen & Morse 2009). As of today, governance often serves the source of competitive advantage for firms, and pressures for improved governance challenge the established status quo in entrepreneurship (Verhezen & Morse 2009). Ultimately, governance has much to do with the value of firms: Switzer and Tang (2009) suggest that endogenous governance mechanisms constantly interact. Eventually, governance and accountability have far-reaching implications for policymaking in business and entrepreneurship (Bhasin 2010). Much has been written and said about ...
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Entrepreneurship Name: Course: College: Date: Tutor: Executive summary This study explores the subject on entrepreneurship with a special focus on diesel repair business start-up in Southwest Virginia. The study has explored the relevant entrepreneurs’ attributes, risks, and rewards associated with entrepreneurship and the factors that influence its success or failure.
Many business scholars in recent years have argued that sound financial and legal systems are vital to a nation’s economic growth. However, China lacks most of the above, but the country’s economy is growing like gangbusters. The answer is: ‘Informal’ Entrepreneurship is the key to China’s success
This is founded in April in 2008 which is a largely growing private firm.There are three directors Femi Odunmbaku Alexander Ihebuzor Seun Akinpelu A three successful professional striving hard to achieve their goal in achieving the edge on others companies and off course they had suffered hard yet managed to cop up with the challenges
In addition, entrepreneurial ventures were responsible for majority of jobs created from 1993 to 2008. In terms of standards of living, entrepreneurs were responsible for a 700% average increase in 16 countries in a span of a century – from 1870 to 1979.
Kuwait also assumes great potential to strengthen her economy by increasing investment in SMEs. In order to achieve this, Kuwait has recently raised one billion pounds for investment in SMEs. The sum has been given to four organizations, three of which are private and one is state-owned, for distribution to the demanding entrepreneurs.
The main objective will be to look at enterprise and entrepreneurship as well as how this plays into the ideologies of design education. This can provide deeper insight into the importance it has as well as how it affects other aspects of those who are looking at the framework for study.
Introduction In order to look into the enterprise and entrepreneurship in the context of design education in the Kingdom of Saudi Arabia (KSA), several issues of art and design as a multifaceted sphere of human steps should be analysed. First, it must keep in mind that design education should be based on purposeful art and design curricular programmes.
our 30 Research Methodology 30 Overview 30 Sampling Design Process 31 Chapter Five 32 Findings and Discussion 32 Demographic Findings 32 Questionnaire Specific Findings 32 Chapter Six 38 Conclusion 38 Recommendation 39 Reference 40 Chapter One Introduction The world of the 21st century is progressing at a rapid pace, mainly because of the factors of fast change and rapid development.
The economists have segregated four major categories of factor services, land, labor, capital and entrepreneurship. Like all the factor services generate income or economic surplus, the returns of entrepreneurship is in the form of profit. Entrepreneurial growth in any economy helps to achieve overall economic progress in a nation.
6 Pages(1500 words)Dissertation
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