ENTREPRENEURIAL ECOSYSTEM IN NORTH CENTRAL NIGERIA: A STRATEGY FOR SUSTAINABLE DEVELOPMENT

Authors

  • PATRICIA ONYEMOWO ABAH Department of Economics, Federal University of Lafia, Nasarawa State, Nigeria
  • OKA ENE ABAH Department of Business Administration, Federal University Lafia, Nasarawa State, Nigeria

Keywords:

Entrepreneurship, Entrepreneurial Ecosystem and Sustainable Development

Abstract

The concept of sustainable development via entrepreneurship ecosystem is an approach to understand every unit of an entrepreneurial ecosystem and its individual contributions to entrepreneurial sustainability within a particular territory. It is an approach that affects all spheres of life; social, economic and environment, connecting them within entrepreneurial processing to a sustainable societal development.  Using content analysis and drawing out causal mechanisms with systematic evaluation,  This study reveals the various dimensions of entrepreneurship ecosystem in the North Central Nigeria, breaking down its elements into systems as drawn from the existing entrepreneurship literature, and critically linking them to entrepreneurship, sustainable development, industrial and technological backwardness in North Central region. The study therefore revealed that every unit of entrepreneurial ecosystem should be viewed on a process-based criteria so as to have a better framework of understand the role of entrepreneurial ecosystem on entrepreneurship in its micro form, in order to effectively support entrepreneurship venture creation, growth process and the transformation. The study recommends a point clarification on entrepreneurial ecosystem structures and their abilities on entrepreneurship in the region, as this could capitalize on the opportunities available to systematically and objectively tackle the threats on entrepreneurship in North Central Region of Nigeria

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Published

2023-09-05

How to Cite

ABAH, P. O., & OKA , E. A. (2023). ENTREPRENEURIAL ECOSYSTEM IN NORTH CENTRAL NIGERIA: A STRATEGY FOR SUSTAINABLE DEVELOPMENT. JOURNAL OF ECONOMICS AND ALLIED RESEARCH, 8(2), 31–48. Retrieved from http://jearecons.com/index.php/jearecons/article/view/298

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Articles