%D 2014
%N 1
%K Entrepreneurship, Unemployment, Poverty, Economic Transformation, National Development
%J Nigerian Journal of Business and Entrepreneurship Research
%V 1
%P 43-47
%T Exploring the Role of Entrepreneurship Studies for Economic Transformation and National Development
%X Lack of right policy initiatives and discipline in the educational system toward producing self reliant graduates seem
to be responsible for the high rate of unemployment; increasing graduate unemployability syndrome; low human
development index (standard of living) and the "youth budge" syndrome, evidenced in the increasing crime wave.
This paper examines the impact of entrepreneurial development studies (EDS) and Nigerian government support of
EDSon national development. The paper adopts the ordinary least square (OLS) technique for the analysis and the
result identified that there is need for the development of national venture capital and an agency for securitization
of such project to support the philosophy of entrepreneurship in Nigeria. Based on the finding of this paper, we
recommend that the right policy initiatives and supports should be evolved to develop and drive entrepreneurial
capacities and discipline among every Nigerian for National development if Nigeria as a nation wants to become
one of the top twenty (20) world economies in 2020.
%L eprints6019
%A Chinonye, Love Moses
%A Eke, 0. Patrick
%A Prosper, Maxwell Onochie