OSUJI, JENNIFER CHIZOBAM and Covenant University, Theses (2017) THE ROLE OF JOB CREATION ON ECONOMIC DEVELOPMENT IN NIGERIA (A STUDY ON SELECTED SMES IN OTA, OGUN STATE). Masters thesis, COVENANT UNIVERSITY.
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Abstract
This research work examined the role of job creation on economic development in Nigeria. The objectives of this study was to determine the relationship between income distribution and development of businesses, to consider the role of GDP per capita on reduction in unemployment, and ways by which market productivity influences the profitability of the firm. To achieve these objectives, three hypotheses were formulated from the structure of the research questions. The research adopted a survey research method with structured questionnaires distributed among sampled respondents comprising small business owners around, Ota, Ogun State. Findings shows that there is a significant relationship between income distribution and development of businesses, GDP per capita has a significant role on reduction in unemployment. Findings also showed that there is a significant effect of market productivity on the profitability of the firm. Based on the findings, the study recommends (i) The government should make provisions for cheap and effective source of finance to boost the development of businesses thereby contributing to the development of the economy (ii) The government should encourage more business owners through the review of policies and the increase in supply of power, because this has discouraged potential business owners. (iii) SMEs should find ways of improving their productivity by marketing and creating new ideas daily (iv) The government should promote entrepreneurship education in order to reduce the rate of unemployment.
| Item Type: | Thesis (Masters) |
|---|---|
| Uncontrolled Keywords: | Job Creation, Economic Development, Small and Medium Scale Enterprises (SMEs),Unemployment. |
| Subjects: | H Social Sciences > H Social Sciences (General) H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management |
| Divisions: | Faculty of Law, Arts and Social Sciences > School of Social Sciences |
| Depositing User: | Mrs Hannah Akinwumi |
| Date Deposited: | 08 Jul 2020 12:55 |
| Last Modified: | 08 Jul 2020 12:55 |
| URI: | http://eprints.covenantuniversity.edu.ng/id/eprint/13470 |
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