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Entrepreneurship is a multidimensional phenomenon that cuts across disciplines. There is no universal theory of the phenomenon. The existing theories 0f entrepreneurship are propounded from variety of schools of thought, with many authors emphasizing different variable to explain it among these variable are culture (Gadgil 1954, Jenkins 1984). [Read more…]
According to 1976 guidelines local government is the government at the local level exercise specific power within defined area. these powers should give the council substantial control over local affairs as well as the staff including institution and financial power to initiate and direct the provision of service, to determine and implement project so as to complement the activities of the state and federal government in their areas and to ensure through devolution of function of these councils and through active participation of these people and their traditional belief that local initiatives and responses to local needs and the condition are maximized. [Read more…]
DEFINITION AND CONCEPT OF ENTREPRENEURSHIP
Although there is no generally accepted definition of entrepreneurship, various authors have given various definitions Ugbaja (2003:4) defines entrepreneurship as process of setting up, financing and managing a business outfit by, an individual whose objective is to make profit by exploiting business opportunities and taking risks. [Read more…]
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