THE ROLE OF ENTREPRENEURSHIP IN THE DEVELOPMENT OF SOUTH EAST, NIGERIA

Abstract

The role of entrepreneurship in the development of south-east, Nigeria is an extensive research work as it is the current trend at this time of our nation building. The study has examined the relationship between entrepreneurship and development of south-east region of Nigeria. The area of entrepreneurship this study examined is self-employment and new firm formation while the area of development the study considered is wealth creation and reduction of crime rate. To achieve this, data was generated from the primary source as the questionnaire was the major instrument used to generate data. The questionnaire was analyzed with the use of chi-square and Analysis of variance (ANOVA) with the aid of statistical package for social sciences (SPSS). The findings show that there is a significant relationship between self-employment and reduction of crime rate also that there is a significant relationship between new firm formation and wealth creation. Based on the findings the study recommends among others that government should establish policies that should empower entrepreneur to be the driver of the nation economic growth and development by so doing it will reduce crime rate.