Entrepreneurial Skills Development and Economic Growth in Lagos' Informal Sector: An African Perspective

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Autore principale: Ogbonna, Felix Obinna
Natura: Recurso digital
Lingua:inglese
Pubblicazione: Zenodo 2000
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author Ogbonna, Felix Obinna
author_facet Ogbonna, Felix Obinna
contents <p>Entrepreneurial skills development is crucial for economic growth in developing countries like Nigeria, where the informal sector plays a significant role. Qualitative research methods were employed to gather data from interviews with entrepreneurs and focus groups in Lagos's informal economy. Entrepreneurial training has led to a notable increase of 20% in the number of new businesses started within six months post-training, indicating positive short-term economic benefits. While initial results suggest promising outcomes, further longitudinal studies are recommended to assess sustained impacts and broader effects on the economy. Policy makers should consider integrating entrepreneurial skills development into existing programmes targeting Lagos's informal sector for sustainable growth.</p>
format Recurso digital
id zenodo_https___doi_org_10_5281_zenodo_18719078
institution Zenodo
language eng
publishDate 2000
publisher Zenodo
record_format zenodo
spellingShingle Entrepreneurial Skills Development and Economic Growth in Lagos' Informal Sector: An African Perspective
Ogbonna, Felix Obinna
African geography
Lagos
informal sector
entrepreneurship
skill development
qualitative research
economic impact
<p>Entrepreneurial skills development is crucial for economic growth in developing countries like Nigeria, where the informal sector plays a significant role. Qualitative research methods were employed to gather data from interviews with entrepreneurs and focus groups in Lagos's informal economy. Entrepreneurial training has led to a notable increase of 20% in the number of new businesses started within six months post-training, indicating positive short-term economic benefits. While initial results suggest promising outcomes, further longitudinal studies are recommended to assess sustained impacts and broader effects on the economy. Policy makers should consider integrating entrepreneurial skills development into existing programmes targeting Lagos's informal sector for sustainable growth.</p>
title Entrepreneurial Skills Development and Economic Growth in Lagos' Informal Sector: An African Perspective
topic African geography
Lagos
informal sector
entrepreneurship
skill development
qualitative research
economic impact
url https://doi.org/10.5281/zenodo.18719078