Impact of Entrepreneurship Development on Employment Generation in SabonGari Local Government, Kaduna State
DOI:
https://doi.org/10.47604/ijepm.1567Keywords:
Entrepreneurship, Entrepreneurship Development, EmploymentAbstract
Purpose: The purpose of the study is to examine the effect of entrepreneurship development on job creation with primary data inputs drawn from Sabon Gari Local Government Area, Kaduna State Nigeria.
Methodology: Two forms of entrepreneurship- innovative and replicative are considered with a view to contributing to the debate through the lens of binary logit regression analysis. A sample of 331 entrepreneurs were selected using simple random sampling technique and were analyzed using descriptive statistics and binary logit regression.
Findings: Despite the role of entrepreneurship towards job creation in a developing country like Nigeria, youth unemployment remains high as at 55.4% in the third quarter of 2018. The literature on the entrepreneurship-employment nexus is scanty primarily due to data limitations and lack of appropriate quantifiable measures of entrepreneurship. The result showed that about 79.7% of the sampled entrepreneurs have employed one or more persons; suggesting that entrepreneurship development has led to a reduction in unemployment. The result also shows that innovation, education and start-up capital exert a positive and significant impact on enterprise development.
Unique Contribution to Theory, Practice and Policy: The results highlight the need for sustained efforts by government and non-government institutions towards developing entrepreneurship programs in order to create jobs and attain inclusive growth.
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