Matthew, Oluwatoyin and Ufua, Daniel Ebakoleaneh and Osabohien, Romanus and OLAWANDE, TOMIKE IBIRONKE and Edafe, Oluwatosin D. (2020) Addressing Unemployment challenge through micro and small enterprises (MSEs): Evidence from Nigeria. Problems and Perspectives in Management, 18. pp. 79-89. ISSN 1727-7051 ISSN ONLINE 1810-5467
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Abstract
This study examined the operational characteristics of MSEs and their contributions towards addressing the national challenge of unemployment. The research was based on Ado-Odo/Ota Local Government Area in Ogun State, Nigeria. The study employed descriptive analysis and Ordinary Least Square (OLS) regression technique in estimating the data obtained. The administration of questionnaire was applied to collect the data. The study found out that micro and small-scale enterprises contributed to economic growth through their operational activities, via the job creation in the economy. Thus, the study recommended that government policies should be put in place to encourage micro and small enterprises, and the provision of infrastructures, credit facilities, tax holidays, training program, amongst others, for MSEs. It was also recommended for funding agencies to consider the trends of practicing MSEs towards addressing critical economic and social issues such as job creation, in granting them funding facilities, in order to facilitate continuous participation in job creation among Nigerian MSEs.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | developing economy, job creation, MSEs’ operations, MSEs’ partnership, MSEs’ operational challenges |
| Subjects: | H Social Sciences > H Social Sciences (General) H Social Sciences > HF Commerce |
| Divisions: | Faculty of Law, Arts and Social Sciences > School of Social Sciences |
| Depositing User: | Mrs Patricia Nwokealisi |
| Date Deposited: | 20 Jun 2022 12:58 |
| Last Modified: | 20 Jun 2022 12:58 |
| URI: | http://eprints.covenantuniversity.edu.ng/id/eprint/15995 |
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