Entrepreneurial Orientation and Sme Capacity Building in Niger Delta Region of Nigeria

Technoscience Review (TR)

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Title Entrepreneurial Orientation and Sme Capacity Building in Niger Delta Region of Nigeria
Creator Ekeke, J.N.
Nwaiwu, J.N.
Sonari-Otobo, V.A.
Subject Entrepreneurial orientation, Entrepreneurial capacity, Business development support services, SME development
Description Despite the Local Content Law provisions, entrepreneurial orientation and capacity seem lacking among the people who ought to build indigenous SMEs needed to appropriate the Law for the intended improvement of the socio-economic wellbeing of the people of Niger Delta area of Nigeria. This suggests that people of the area are yet to appreciate how the Local Content Law could help in the socio-economic development of the area, and will impair the realisation of the aim of the Law. This study examines how entrepreneurial orientation could help capacity building in indigenous SMEs in the Niger Delta area of Nigeria within the context of the Local Content law provisions. Based on extant literature and indirect observations, the conceptual study found that the indigenous SMEs are not availing themselves of the opportunities created by the Local Content Law when measured against the objectives of the law. The study argues that eentrepreneurial orientation of indigenous SME owners is needed to enable them acquire strapping risk-taking propensity for aggressive, competitive and innovative strategic decision making capabilities. Implications of the study calls for a deliberate effort towards building an enterprising culture amongst Niger Delta indigenous SME owners with a view to enhancing their entrepreneurial activities and by so doing contribute to the sustainable development of the region through the Local Content Law.
Publisher Dr. O. C. Eneh, Institute of Development, University of Nigeria Enugu Campus.
Date 2017-03-31
Type info:eu-repo/semantics/article
Peer-reviewed Article
Format application/pdf
Identifier http://technosciencereview.org/ej/index.php/shdr/article/view/62
Source Sustainable Human Development Review; Vol. 9 No. 1 (2017): Sustainable Human development Review Vol. 9. No.1 2017
Language eng
Relation http://technosciencereview.org/ej/index.php/shdr/article/view/62/51
Rights Copyright (c) 2017 Wipro international

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