Entrepreneurship and Economic Development in Southeastern Nigeria
Conference: ISA 22nd Annual International Conference (2025)
Presenter(s): Faustina Chinwendu Amadi
Abstract
This study examines the relationship between entrepreneurship and economic development in Southeastern Nigeria. Using a mixed-methods approach, combining survey data from 100 entrepreneurs and in-depth interviews with key stakeholders, this research investigates the entrepreneurial ecosystem, challenges, and opportunities in the region. The findings reveal that entrepreneurship has a significant positive impact on economic development in Southeastern Nigeria, contributing to job creation, income generation, and poverty reduction. However, the region's entrepreneurial ecosystem is constrained by inadequate infrastructure, limited access to finance, and regulatory challenges. The study recommends policies to support entrepreneurial development, including investing in infrastructure, providing access to finance and training, and streamlining regulatory frameworks. This research contributes to the understanding of entrepreneurship's role in economic development and provides insights for policymakers, entrepreneurs, and stakeholders seeking to promote economic growth in Southeastern Nigeria.
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