Indigenous Igbo Entrepreneurship Scheme: Relevance, Restraints, and Remedies
African traditional entrepreneurship schemes have gained growing scholarly attention in recent times, with the Indigenous Igbo Entrepreneurship Scheme (IIES) recognized as the most impactful. Although scholars have explored various dimensions of the IIES, they agree that the phenomenon requires more...
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MDPI AG
2025-02-01
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| author | Godswill Agu Clara Margaça |
| author_facet | Godswill Agu Clara Margaça |
| author_sort | Godswill Agu |
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| description | African traditional entrepreneurship schemes have gained growing scholarly attention in recent times, with the Indigenous Igbo Entrepreneurship Scheme (IIES) recognized as the most impactful. Although scholars have explored various dimensions of the IIES, they agree that the phenomenon requires more exploration in order to position it properly in the global literature of entrepreneurship and support its adoption in other regions beyond the Igbo context. Currently, very few studies have investigated the roles, impediments, and possible solutions to the challenges faced by the IIES, and none is known that covers these three areas simultaneously. By deploying a mixed research method involving in-depth interviews with IIES enrollees and trainers, and a systematic literature review, this study proposes the 3Rs framework to the IIES. Thus, it anchors on the entrepreneurial venture creation theory and the multidimensional construct to explore the IIES’s relevance, restraints, and remedies. Several findings relating to the relevance of the scheme, such as its economic, social, financial, and environmental contributions, the restraints (informality, lack of regulation, eroding trust, and dwindling enrolment), and the remedies (including the formulation of regulatory policies, formalization of the scheme, talent hunting, and rekindling the spiritual side) are highlighted. Theoretical and practical implications are discussed. |
| format | Article |
| id | doaj-art-e0d06918173a4bb595483e29350a5cb4 |
| institution | OA Journals |
| issn | 2673-7116 |
| language | English |
| publishDate | 2025-02-01 |
| publisher | MDPI AG |
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| series | Businesses |
| spelling | doaj-art-e0d06918173a4bb595483e29350a5cb42025-08-20T02:11:18ZengMDPI AGBusinesses2673-71162025-02-0151910.3390/businesses5010009Indigenous Igbo Entrepreneurship Scheme: Relevance, Restraints, and RemediesGodswill Agu0Clara Margaça1Department of Marketing, Abia State University, Uturu 441103, Abia, NigeriaFaculty of Economic, Social and Business Sciences, Lusofona University—Porto University Center, 4000-098 Porto, PortugalAfrican traditional entrepreneurship schemes have gained growing scholarly attention in recent times, with the Indigenous Igbo Entrepreneurship Scheme (IIES) recognized as the most impactful. Although scholars have explored various dimensions of the IIES, they agree that the phenomenon requires more exploration in order to position it properly in the global literature of entrepreneurship and support its adoption in other regions beyond the Igbo context. Currently, very few studies have investigated the roles, impediments, and possible solutions to the challenges faced by the IIES, and none is known that covers these three areas simultaneously. By deploying a mixed research method involving in-depth interviews with IIES enrollees and trainers, and a systematic literature review, this study proposes the 3Rs framework to the IIES. Thus, it anchors on the entrepreneurial venture creation theory and the multidimensional construct to explore the IIES’s relevance, restraints, and remedies. Several findings relating to the relevance of the scheme, such as its economic, social, financial, and environmental contributions, the restraints (informality, lack of regulation, eroding trust, and dwindling enrolment), and the remedies (including the formulation of regulatory policies, formalization of the scheme, talent hunting, and rekindling the spiritual side) are highlighted. Theoretical and practical implications are discussed.https://www.mdpi.com/2673-7116/5/1/9Igbosindigenous Igbo entrepreneurship scheme3RsAfrican traditional entrepreneurship |
| spellingShingle | Godswill Agu Clara Margaça Indigenous Igbo Entrepreneurship Scheme: Relevance, Restraints, and Remedies Businesses Igbos indigenous Igbo entrepreneurship scheme 3Rs African traditional entrepreneurship |
| title | Indigenous Igbo Entrepreneurship Scheme: Relevance, Restraints, and Remedies |
| title_full | Indigenous Igbo Entrepreneurship Scheme: Relevance, Restraints, and Remedies |
| title_fullStr | Indigenous Igbo Entrepreneurship Scheme: Relevance, Restraints, and Remedies |
| title_full_unstemmed | Indigenous Igbo Entrepreneurship Scheme: Relevance, Restraints, and Remedies |
| title_short | Indigenous Igbo Entrepreneurship Scheme: Relevance, Restraints, and Remedies |
| title_sort | indigenous igbo entrepreneurship scheme relevance restraints and remedies |
| topic | Igbos indigenous Igbo entrepreneurship scheme 3Rs African traditional entrepreneurship |
| url | https://www.mdpi.com/2673-7116/5/1/9 |
| work_keys_str_mv | AT godswillagu indigenousigboentrepreneurshipschemerelevancerestraintsandremedies AT claramargaca indigenousigboentrepreneurshipschemerelevancerestraintsandremedies |