ENTREPRENEURSHIP DEVELOPMENT ON THE ECONOMIC GROWTH OF DEKINA LOCAL GOVERNMENT OF KOGI STATE

There is a need for the government to provide business development programs, tax incentives and create an enabling environment for entrepreneurship to thrive. The study assessed how Dekina Local Government Area's economic growth was impacted by entrepreneurial development. The study's goa...

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Main Authors: Adeleye Tope James, Audu Jeremiah Okpanachi, Audu Friday
Format: Article
Language:English
Published: Kwara State University, Malete Nigeria 2024-10-01
Series:Malete Journal of Accounting and Finance
Subjects:
Online Access:https://majaf.com.ng/index.php/majaf/article/view/147
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author Adeleye Tope James
Audu Jeremiah Okpanachi
Audu Friday
author_facet Adeleye Tope James
Audu Jeremiah Okpanachi
Audu Friday
author_sort Adeleye Tope James
collection DOAJ
description There is a need for the government to provide business development programs, tax incentives and create an enabling environment for entrepreneurship to thrive. The study assessed how Dekina Local Government Area's economic growth was impacted by entrepreneurial development. The study's goal is to determine how the Dekina Local Government Area's ability to take risks, be creative, and be proactive has affected its economic progress. Survey research was the method used in the study. Six thousand seven hundred and four people made up the population [6,704]. A basic random sample strategy is used in the study to choose 377 SMEDAN participants. ANOVA and the ordinary least square (OLS) model of regression analysis were constructed using data from surveys administered. SPSS version 20.0 was then used to evaluate the results. According to the study, in Dekina LGA, Kogi, taking risks has a major and beneficial impact on economic growth. Innovativeness also has a substantial impact on growth, as does proactively. The study suggested that Kogi State's SMEs should promote a culture of risk assessment and awareness. Although taking risks is necessary for progress, it's also critical to carefully consider all available options and make well-informed decisions.
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spelling doaj-art-0f0cdfb9c80348bb86182e929ca3ba642025-02-11T23:08:11ZengKwara State University, Malete NigeriaMalete Journal of Accounting and Finance2735-96032024-10-0142ENTREPRENEURSHIP DEVELOPMENT ON THE ECONOMIC GROWTH OF DEKINA LOCAL GOVERNMENT OF KOGI STATEAdeleye Tope James0Audu Jeremiah Okpanachi1Audu Friday2Prince Abubakar Audu University, Anyigba, Kogi StateNigerian Defense Academy Kaduna, NigeriaPrince Abubakar Audu University, Anyigba, Kogi State There is a need for the government to provide business development programs, tax incentives and create an enabling environment for entrepreneurship to thrive. The study assessed how Dekina Local Government Area's economic growth was impacted by entrepreneurial development. The study's goal is to determine how the Dekina Local Government Area's ability to take risks, be creative, and be proactive has affected its economic progress. Survey research was the method used in the study. Six thousand seven hundred and four people made up the population [6,704]. A basic random sample strategy is used in the study to choose 377 SMEDAN participants. ANOVA and the ordinary least square (OLS) model of regression analysis were constructed using data from surveys administered. SPSS version 20.0 was then used to evaluate the results. According to the study, in Dekina LGA, Kogi, taking risks has a major and beneficial impact on economic growth. Innovativeness also has a substantial impact on growth, as does proactively. The study suggested that Kogi State's SMEs should promote a culture of risk assessment and awareness. Although taking risks is necessary for progress, it's also critical to carefully consider all available options and make well-informed decisions. https://majaf.com.ng/index.php/majaf/article/view/147Entrepreneurial DevelopmentEconomic Growth
spellingShingle Adeleye Tope James
Audu Jeremiah Okpanachi
Audu Friday
ENTREPRENEURSHIP DEVELOPMENT ON THE ECONOMIC GROWTH OF DEKINA LOCAL GOVERNMENT OF KOGI STATE
Malete Journal of Accounting and Finance
Entrepreneurial Development
Economic Growth
title ENTREPRENEURSHIP DEVELOPMENT ON THE ECONOMIC GROWTH OF DEKINA LOCAL GOVERNMENT OF KOGI STATE
title_full ENTREPRENEURSHIP DEVELOPMENT ON THE ECONOMIC GROWTH OF DEKINA LOCAL GOVERNMENT OF KOGI STATE
title_fullStr ENTREPRENEURSHIP DEVELOPMENT ON THE ECONOMIC GROWTH OF DEKINA LOCAL GOVERNMENT OF KOGI STATE
title_full_unstemmed ENTREPRENEURSHIP DEVELOPMENT ON THE ECONOMIC GROWTH OF DEKINA LOCAL GOVERNMENT OF KOGI STATE
title_short ENTREPRENEURSHIP DEVELOPMENT ON THE ECONOMIC GROWTH OF DEKINA LOCAL GOVERNMENT OF KOGI STATE
title_sort entrepreneurship development on the economic growth of dekina local government of kogi state
topic Entrepreneurial Development
Economic Growth
url https://majaf.com.ng/index.php/majaf/article/view/147
work_keys_str_mv AT adeleyetopejames entrepreneurshipdevelopmentontheeconomicgrowthofdekinalocalgovernmentofkogistate
AT audujeremiahokpanachi entrepreneurshipdevelopmentontheeconomicgrowthofdekinalocalgovernmentofkogistate
AT audufriday entrepreneurshipdevelopmentontheeconomicgrowthofdekinalocalgovernmentofkogistate