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Functions And Achievements Of Government Support Agencies In The Development Of Enterprenuership

((A Case Study Of National Directorate Of Employment (N.D.E)

5 Chapters
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133 Pages
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16,603 Words
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Government support agencies play a crucial role in fostering entrepreneurship by providing various functions and achieving significant milestones in the development of businesses. These agencies offer financial assistance through grants, loans, and subsidies, facilitating the startup and growth phases of enterprises. Additionally, they offer mentorship and training programs to equip entrepreneurs with the necessary skills and knowledge to succeed in their ventures. Moreover, these agencies conduct research and provide market intelligence to help entrepreneurs make informed decisions and identify opportunities for growth. Furthermore, they create conducive regulatory environments by formulating policies and regulations that promote entrepreneurship and innovation while ensuring compliance with legal requirements. Overall, these agencies serve as catalysts for entrepreneurial development, fostering economic growth, job creation, and innovation within their respective jurisdictions.

ABSTRACT

Government have set up agencies that are specifically charged with training the people, providing funds and other services for the promotion and development of entrepreneurship.
This project work focused on the functions and achievement of government support agencies in the development of entrepreneurship in Enugu State with special reference to the national directorate of employment (NDE).
It is the aim of this research to find out the following, the functions of the government support agencies especially NDE whether the various programmes of the NDE has helped to achieve her mandates, whether the growth in the number of small business or entrepreneurial organization can be attributed to the established of the government support agency if there is anything that makes the achievement of the NDE mandate difficult and to disclose how far the agency have helped those who are unemployed within the state to gain employment.
The researcher critically looked at some salient literary work that appear to have some theoretical relevance to the research work and indicated their strength and weakness and how they impinge on this work.
While conducting this study, the researcher made use of data from both primary and secondary sources.
The areas of the study is Enugu state where as the population size and sample size are 1125 and 295 respectively.
The three hypothesis formulated were tested using the chi-square 6c2) statistical formula and it was discovered among other that the establishment of the NDE has a positive effect impact on entrepreneurship development in Enugu State.
Finally, one of the major findings was that the government does not provide enough find for the NDE programmes to enhance efficient and effective running of the government support agency.

TABLE OF CONTENT

Title page
Approval page/certification page
Dedication
Acknowledgment
Abstract
Table of contents

CHAPTER ONE:
INTRODUCTION
1.1 Background of the study
1.2 Statement of the problem
1.3 Purpsoe of the study
1.4 Scope of the study
1.5 Research hypothesis
1.6 Significance of the study
1.7 Definition of terms
References

CHAPTER TWO
REVIEW OF THE RELATED LITERATURE
2.1 Introduction
2.2 Entrepreneurship development
2.3 Need, scope, and characteristics of entrepreneurship
2.4 Various government support agencies and their functions
References

CHAPTER THREE
RESEARCH DESIGN AND METHODOLOGY
3.1 Research design
3.2 Area of the study
3.3 Population of the study
3.4 Sample and sampling procedure/technique
3.5 Instrument of data collection
3.6 Validation of the instrument
3.7 Reliability of the instrument
3.8 Method of data collection
3.9 Method of data analysis
References

CHAPTER FOUR:
DATA PRESENTATION AND ANALYSIS
4.1 Presentation and analysis
4.2 Testing of hypothesis
4.3 Summary of results
References

CHAPTER FIVE
DISCUSSIONS, RECOMMENDATION AND CONCLUSION
5.1 Discussion of results/findings
5.2 Conclusions
5.3 Implications of the research findings
5.4 Recommendation
5.5 Limitations of the study
5.6 Suggestions for further research
References
Bibliography
Appendages/appendices
Questionnaires.

 

CHAPTER ONE

INTRODUCTION
1.1 BACKGROUND OF THE STUDY
Entrepreneurship started when people began to produce more products than they required, as such they had to exchange these surplus with others who also wanted to dispose off their surplus. By this way, producers came to realize that they can concentrated in their areas of production to produce more and then exchange with what they needed. Therefore, through this exchange of products, entrepreneurship started.
According to Schumpeter (1961) Entrepreneurship means doing new things or doing things that are already being done in a new way.
Nnenna B.Ani (1999) described entrepreneurship as a creative and innovative response to the environment such responses can take place in any field of social endavour, for instance, in business industry, agriculture, education, social work and the like.
An entrepreneur is different from a manager who only plans organizes and controls a business idea after it has been successfully initiated by the entrepreneur”Lawal A.A Et Al (1998), According to Ani Nnnenna B. (1999) a typically Nigeria entrepreneur is self made man who ,might be said to have strong will to succeed, he might engage the services of others like friends, mates, in laws etc to help him in his work or production through this way Nigerians in the olden days were engaged in entrepreneurship”. Early entrepreneurship characterized with production or manufacturing in which case the producer most often started with a small capital, most of it from his own savings. Early entrepreneurship started with trade by barter even before the advent of any form of money.
In Nigerian modern entrepreneurship started with the coming of the Colonial masters, who brought in their wears and made Nigerians their middlemen. Most of the modern entrepreneur were engaged in retail trade or sole proprietorship.
One of the major factors that has in many ways discouraged the flow of entrepreneurship development in this country is the value system brought about by formal education. For many decades formal education has been the preserve of the privilege. With formal education, people had the opportunity of being employed in civil service, because in those days the economy was large enough to absorb into the prestigious occupation all Nigerians with some form of formal education. The value system discouraged entrepreneurship in Nigeria for the colonial masters to solve their goods, because if Nigerians continue to be enterprising, they would not have had market for their goods. as such, the system made Nigerians to be depends on the colonial masters to supply her with the needed products.
Again , the contract between Nigerian entrepreneurs and foreign entrepreneurs during the colonial era was very detrimental and the competitive business strategy of the foreign entrepreneurs was ruinous and also against moral standards established by the society. For example, the united African company (UAO) that was responsible for a sustain percentage of the import and export trade of Nigerian, has the policy of dealing directly with produced and refused to make use of the service of Nigeria entrepreneurs. The refusal of the expatriate to utilize the services of local business man inhibited the expansion and acquisition of necessary skills and attitude. For this reasons many eventually folded up. Hose that folded built up a resentment against business which become very demoralizing to other prospective entrepreneurs. As a result, the flow of entrepreneurship in the country was slowed down. But with more people being educated and the fact that government could no longer employ most school leavers, economy programs to encourage individuals to go into private business and self reliant were initiated (Theodore Gieger in Nwachukwu C.C (1990).
In view of the impact of entrepreneurship in improving the socio-economic conditions of the state, the government have made initiatives to promote indigenous entrepreneurship in small scale business. According to Lawal A.A 91998:2) typically actions of the government take the form of policy initiatives and directives to organization such as ministry of commerce and industry, national directorate of employment, ministry of labour and productivity, center for management development, research institutes to act as executing agencies with responsibility for stimulating, supporting and sustaining entrepreneurship development.
The researcher believes that a study of the functions as well as the achievement of the national directorate of employment (NDE) in Enugu state would help to evaluate the role of government support agencies in entrepreneurship development within the state.

1.2 STATE,MENT OF THE PROBLEM.
In Enugu state, various government support agencies have been set up by the government to assist entrepreneurship development and encourage the rapid development of small and medium scale industries. These agencies were established because government owned organization can no longer cope with employment of graduates and school leavers. Further more, the graduates and school leavers have to establish their own small business, which will help in solving the problems of unemployment and economic development.
Therefore, in carrying out this research it is very important to study the problems listed below.
i. Examine the mandates for establishing the NDE.
ii. To find out the programmes put in place by the NDE in order to successfully achieve these mandates.
iii. Know how far the NDE has gone in achieving her mandates.
iv. Some constraints problems which the NDE encounters in their effort to achieve her goals would be disclosed.

1.3 PURPOSE OF THE STUDY
The aim of this study is to take a segment of the government support agencies (NDE) and study her functions and achievement in the development of entrepreneurship in Enugu state.
Whether the establishment of national directorate of employment (NDE) has a positive effect impact on entrepreneurship development in Enugu State or not.
If the programmes of the NDE has helped to achieve her mandates or not.
Whether the development of entrepreneurship in Enugu state can be attributed to the establishment of NDE or not.
Come out with findings and subsequent suggestion that would be of great benefit to other government agencies might be experiencing similar problems diagnosed in this research.

1.4 SCOPE OF THE STUDY
The scope of this study is very wide if it has to be carried out in all the government agencies in Enugu state however, due to certain constraints which will be stated later in the limitation of study, the researcher decided that this study concentrate on the promotion and achievements of the national directorate of employment (NDE) to the development of entrepreneurship in Enugu state.

1.7 RESEARCH HYPOTHESIS
In order to find out solution to the lingering problems of this study, the following hypothesis were formulated

HYPOTHESIS ONE
H0: The establishment of the national directorate of employment (NDE) has no positive effect impact on entrepreneurship development in Enugu state.
H1: The establishment of the national directorate of employment (NDE) has no positive effect impact on entrepreneurship development in Enugu state.

HYPOTHESIS TWO
H0: The growth in the number of small business or entrepreneurial organization in Enugu state can not be attributed to the establishment of the NDE.
H1: The growth in the number of small business or entrepreneurial organization in Enugu state can not be attributed to the establishment of the NDE.

HYPOTHESIS THREE
H0: NDE have not helped to introduce new ideas and methods of production in Enugu.
H1: NDE have not helped to introduce new ideas and methods of production in Enugu.

1.6 SIGNIFICANCE OF THE STUDY
This research will be of immense help to the society, but there are group of people or organization who will benefit more from this work.
They include:
– The management and staff of the various government agencies.
– Trainers, trainees and beneficiaries of NDE training programmes.
– Students who will use this work for research purposes.
The research is equally very significant because it will enrich the knowledge of the reading public who may come across the work A study on functions and achievement of government support agencies in the development of entrepreneurship in Enugu state

1.7 DEFINITION OF TERMS.
The researcher found it necessary to define or explain the following terms used among others in this place of work.
a. Government support agencies: These are government departments that are specifically charged with providing funds and other services for the promotion and development of entrepreneurship.
b. ENTREPRENEUR: An entrepreneur is a peon who identifies business opportunities and organizes the required to initiated successful business activity.
c. SURPLUS: An amount that is extra, or more than you need e.g agricultural food surpluses.
d. CREATIVE: Having the skill and ability to produce something new. It involves the use of skill and the imagination to produce new thing or work of art.
e. INNOVATION: Introduction of new things ideas or ways of doing things.
f. SMALL BUSINESS: This is the business which is independently owned and operated and not dominant in its feel of operation.
g. TRAINEE: A person who is being taught how to do a particular job or skill
h. TRAINER: A person who teaches people how to perform a particular job or skill well.
i. LOAN: Money that an organization such as bank lends and somebody borrows.

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Functions And Achievements Of Government Support Agencies In The Development Of Enterprenuership:

Government support agencies play a crucial role in fostering entrepreneurship and economic development within a country. Their functions and achievements are diverse, aimed at providing a conducive environment for entrepreneurs to thrive. Here are some key functions and achievements of government support agencies in the development of entrepreneurship:

1. Financial Assistance:

  • Grants and Loans: These agencies often provide financial assistance to startups and small businesses through grants, loans, or loan guarantees, which can be critical for initial capital or expansion.
  • Access to Capital: They facilitate access to venture capital, angel investors, and other sources of funding, reducing the financial barriers for entrepreneurs.

2. Business Development Services:

  • Training and Workshops: Government agencies organize training programs, workshops, and seminars to educate entrepreneurs on various aspects of starting and running a business, such as business planning, marketing, and financial management.
  • Mentorship: Some agencies connect entrepreneurs with experienced mentors and advisors who can offer guidance and support.

3. Regulatory Support:

  • Streamlining Regulations: They work to simplify and streamline regulatory processes, making it easier for entrepreneurs to register businesses, obtain licenses, and comply with regulations.
  • Compliance Assistance: Agencies provide guidance on tax compliance, labor laws, and other legal requirements to ensure entrepreneurs operate within the law.

4. Infrastructure Development:

  • Incubators and Accelerators: They establish and support incubators and accelerators, providing startups with affordable office space, resources, and networking opportunities.
  • Technology Parks: Development of technology parks and innovation hubs can encourage entrepreneurship in specific sectors.

5. Market Access and Export Promotion:

  • Market Research: Agencies may offer market research and intelligence to help entrepreneurs identify opportunities and target markets.
  • Export Assistance: They support businesses in entering international markets through trade missions, export promotion, and trade agreements.

6. Networking and Collaboration:

  • Networking Events: Government agencies organize networking events, conferences, and trade shows to connect entrepreneurs with potential customers, partners, and investors.
  • Collaborative Initiatives: They foster collaboration between universities, research institutions, and businesses to encourage innovation and technology transfer.

7. Policy Advocacy:

  • Advocating for Entrepreneurship: These agencies advocate for policies that support entrepreneurship, such as tax incentives, intellectual property protection, and access to skilled labor.
  • Entrepreneurial Ecosystem Development: They work to create a supportive ecosystem that encourages entrepreneurship by engaging with various stakeholders.

8. Monitoring and Evaluation:

  • Performance Measurement: Agencies assess their programs and initiatives to gauge their impact on entrepreneurship and economic growth, making necessary adjustments for better results.

Achievements:

  • Increased the number of startups and small businesses.
  • Improved access to capital for entrepreneurs.
  • Enhanced the ease of doing business through regulatory reforms.
  • Encouraged innovation and technology adoption.
  • Created jobs and stimulated economic growth.
  • Fostered a culture of entrepreneurship and risk-taking.

Overall, government support agencies are vital in nurturing entrepreneurship and driving economic development by providing a range of services and resources to empower entrepreneurs and small businesses. Their achievements can significantly contribute to a nation’s economic prosperity and competitiveness in the global market.