Abstract: Despite the vast deposit of natural resources and availability of cheap labour, Nigeria still wallows in the valley of economic backwardness. Up till this material time, researchers have not relevantly concentrated studies on addressing the Nigeria’s economic backwardness through global entrepreneurship. This is observed as a gap, and therefore trigger the interest to conceptually fill the gap. Literature were reviewed to extract extant submissions on the subject matter and the findings from this study revealed some of the lapses to be investigated. Firstly, it revealed that global entrepreneurship is at infancy stage begging for attention of researchers in Nigeria. Secondly, the study found that global entrepreneurship has the capacity to pull Nigeria as a country out of the valley of economic backwardness. Thirdly, the study concluded that global entrepreneurship serves as panacea to save Nigeria from the present state of economic backwardness. The recommendations that emanated from the study includes, creation of enabling environment by the government, even distribution of export - free trade zones in the country and availability of business support facilities, such as access to credit facilities.
Keywords: economic backwardness, entrepreneurship, global, Nigeria.
Title: GLOBAL ENTREPRENEURSHIP: PANACEA FOR REMOVING NIGERIA FROM THE VALLEY OF ECONOMIC BACKWARDNESS
Author: Olasupo Johnson ADEOKUN
International Journal of Social Science and Humanities Research
ISSN 2348-3156 (Print), ISSN 2348-3164 (online)
Vol. 12, Issue 2, April 2024 - June 2024
Page No: 223-231
Research Publish Journals
Website: www.researchpublish.com
Published Date: 04-June-2024
