CONTRIBUTION OF BUSINESS SUPPORT SYSTEM TO ENTREPRENEURIAL DEVELOPMENT


  • Department: Accounting
  • Project ID: ACC0629
  • Access Fee: ₦5,000
  • Pages: 104 Pages
  • Chapters: 5 Chapters
  • Methodology: Chi Square
  • Reference: YES
  • Format: Microsoft Word
  • Views: 1,740
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CONTRIBUTION OF BUSINESS SUPPORT SYSTEM TO ENTREPRENEURIAL DEVELOPMENT
(A CASE STUDY OF INDUSTRIAL DEVELOPMENT CENTRE, ENUGU)


ABSTRACT
            Contribution of Business support system in entrepreneurial has highlighted its contribution of business support of small scale business and has helped to trance productivity, increase self reliance and employment opportunities.
            Support systems like, the Central Bank of Nigeria (CBN), Nigeria bank for commerce and industry (NBC) National Directorate of Employment (NDE), National Economic Reconstruction Fund (NERFUND), Industrial Development Centre (IDC).
          These support system and organisation has realty helped in improving the small scale business and has helped to develop entrepreneurial development. In analyzing the research work properly, the researcher analyzed the research chapter by chapter.
Chapter one is all about the introduction of the research of which states the background of the study, significance of study, the scope and limitations of the study and all other organisation and Definition of terms, the researcher used in the research.  
Chapter two of this research is reviewing the related literature  of the work that is enhancing the entrepreneurial developments in the country. The relevant of the small businesses to the Nigeria economy, its contributions to entrepreneurial.
Chapter three, of the research is all about the design and methodology of the research that is the design area of the study, population, sampling and sampling procedure, types of data used, location of data, research instruments, procedure of dta gathering, method of data analysis.
Chapter four of the research is about presentation and analysis of data that is how to present the data and analyse all the data collected.
Chapter five, which is the final chapter is about the summary of the researcher findings, recommendation and conclusion of the research works and finally references that was used.

TABLE OF CONTENTS
CHAPTER ONE
            Introduction                                                  
    Background of the study
    Statement of the study
    Purpose of study
    Significance of study
    Scope and limitation of study
    Research questions
    Organisation of study
    Definition of terms

CHAPTER TWO
            Review of related literature      
    Review of definitions
    The relevance of small scale business to the Nigeria economy
    Credit schemes for small scale industries
    Problems of small scale businesses
    The contribution of business agencies in sourcing for entrepreneurial
    Support systems and entrepreneurial development
    Industrial development centre (IDC) and entrepreneurial development
    The types of support given to (IDC) industrial development centre                           
    Entrepreneurial development in Enugu state

CHAPTER THREE
            Design and methodology
    Research design
    Area of study
    Population
    Sample an sampling procedure
    Types of data used
    Location of data
    Research instrument
    Procedure for data gathering
    Method of data analysis

CHAPTER FOUR
            Presentation and data analysis
    General information
    Presentation and analysis of data

CHAPTER FIVE
            Summary of findings, recommendations and conclusion.
    Summary of findings
    Recommendations
    Conclusion
    Suggestion for further research

BIBLIOGRAPHY                                                               
Questionnaire                                                            

 CHAPTER ONE
INTRODUCTION

1.1       BACKGROUND OF THE STUDY
           The goal or desire of any nation is to achieve its economic growth and development. For the Nigeria government, employment provision for all and reasonable development of all localities are certainly not feasible within the limited government structures and establishment. The federal government therefore considers the active participation of the private sector especially at the grass root as the most viable means of achieving the development and job provisions. Hence, in its second and third national development plan, the federal government adopted the policy of giving active support to the promotion and development of small and medium enterprises on the country.

            However, are would want to know what entrepreneurial development is all about. According to some writers, especially in the written work of H. O. Amaechina “entrepreneurship concept of small business management”, entrepreneur. So defined as the willingness and ability of an individual to seek out investment opportunities, establish and run the enterprise successfully. Thus entrepreneurship is associated with different kinds of activities that has to do with the establishment and operation of business enterprises. Such activities may include;   

    Identification of investment opportunities.
    Deciding what opportunities to exploit for profit.
    Promotion and establishment of the business enterprises.
    Pooling of the various scarce resources needed for production and distribution of good and services.
    Organisation and management of the human and material resources for the attainment of the objectives of the enterprise, risk bearing and innovation.

On the other hand, entrepreneurial development can be described as the varied programme, and incentives provided by governments and non-governmental agencies aimed at training, promoting and encouraging entrepreneurs toward the attainment of maximum economic returns in any business ventures they embark on.

The importance of entrepreneurial development in the economy aids entrepreneurs to identify a profitability business and how to go about it. It makes the entrepreneur to be aware of how to locate a business. it creates awareness on the area of location and if it can affect their business. Infact, entrepreneurial development helps to avoid business failures.

The small business supports system such as National Directorate of Employment (NDE), Nigeria Bank for Commerce and Industry (NBCI), National Economic Reconstruction Fund (NERFUND), and industrial Development Centre (IDC) are all set up to aid small scale business in the areas of finding development of managerial and technical skills.

Industrial Development Center as one of the small business support systems is set to provide technical services such as;

    Technical advice and assistance regarding the selection of the right machinery, equipment and raw materials for the purpose of setting up the business.
    Assistance in the installation and operation of the machinery.
    On the job training of the artisans in handling of the machines.
    Giving advice an assistance to small industrialists to improve the design and quality of their products.

There are other managerial services which include:

    Training of proprietors and the supervisory staff of small and medium enterprises in modern management methods and practices.
    Supply of economic information needed by prospective investors for making investment decisions.
    Financial counseling
    Organizing seminars and workshops.
    Supply of industrial information
    Feasibility studies and market surveys.

To what extent has this organisation (IDC) achieved these objectives in the support of small scale business is the focus of this research.

1.2 STATEMENT OF THE PROBLEMS
It is a general assumption that small – scale business is imperative for national growth and development. It has been emphasized that Nigeria is entrepreneurial under-developed. 

1.3       PURPOSE OF STUDY
            The nation is experiencing a lot of economic crises such as decline in business activities, unemployment inflation, and mostly the problem of retrenchment. The purpose of this study therefore is to asses the contribution of industrial development center towards the solving of the unemployment crises and the realization of self reliance on the economy.

1.4 SIGNIFICANCE OF THE STUDY
            The importance of this study is to help small scale business entrepreneurs gain awareness into organisation and institution where they can gain aid in terms of finance, managerial and technical assistance in the attainment of successful business ventures.   

1.5       SCOPE AND LIMITATION OF THE STUDY
            The research project is to cover the industrial development  center (IDC) Enugu, which falls under the Owerri industrial development center zone. The research work has some literature  as regards to time constraint, fiancé dearth of statistical information and secrecy/privacy.     

1.6  RESEARCH QUESTIONS
    Is the performance of small – scale industries dependent on their training?
    What is your area of coverage?
    Does industrial development centre (IDC) Enugu have adequate facilities to cover its areas of operations?

1.7 HYPOTHESIS
    The performance of small – scale industrial is dependent on their training.
    Industrial development center, Enugu is having adequate coverage in its areas of operations.

1.8  ORGANIZATION OF STUDY
The research titled “contribution of business support to entrepreneurial development center Enugu” has given to small scale enterprises. It is divided into five chapter dealing with specific. Chapter one deals with introduction, which consists of background of the study, statement of problem, significance of study, scope and limitation, purpose of the study, research questions and definition of terms. Chapter two deals with review of related literature  such as review of definition, small scale business, relevance to the Nigeria economy, small scale industries credit schemes problems of small scale business, contribution of government agencies in sourcing information for entrepreneurs, small scale business support system and entrepreneurial development, industrial development center (IDC) and entrepreneurial development.    

Chapter three deals with research design and methodology, which constitutes research design, area of study, data used, location of data, instrument of data collection, methods of data analysis.

Chapter four deals with data presentation and analysis. Chapter five deals with findings, conclusion and recommendations for further studies.

 DEFINITION OF TERMS
    Entrepreneurial development: is defined as the various programmes and incentives provided by governments and non-governmental agencies aimed at training, promoting and encouraging entrepreneurs towards the attainment of maximum returns on any business ventures carried out.
    Entrepreneurship: Defined as the willingness and ability of an individual to seek out investment opportunities, establish and run an enterprise successfully.
    Entrepreneur: Defined as an individual who is willing and able to take business risks for gainful poses.
    Support system: Is defined as organisation or institution designed to give financial, managerial and technical support to small scale business.

  • Department: Accounting
  • Project ID: ACC0629
  • Access Fee: ₦5,000
  • Pages: 104 Pages
  • Chapters: 5 Chapters
  • Methodology: Chi Square
  • Reference: YES
  • Format: Microsoft Word
  • Views: 1,740
Get this Project Materials
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