ENTREPRENEURSHIP GROWTH WEALTH INEQUALITY AND FINANCIAL CONSTRAINTS IN NIGERIA EVIDENCE FROM SMALL AND MEDIUM ENTERPRISES IN SOUTH-SOUTH REGION
Abstract
The study examined entrepreneurship growth wealth inequality and financial constraints in Nigeria evidence from small and medium enterprises in South-South region. Four specific objectives with four research questions and four null hypotheses guided the study. The study utilized the cross sectional survey research design. The population of the study comprised one hundred and twenty female enterprises owners and eighty male enterprises owner from 200 selected enterprises in South-South region. Questionnaire was used as instrument to elicit information from the respondents. Data obtained from the study was analyzed using mean and standard deviation was used to analyzed all the research questions. T-test was used to test hypotheses 1, 2 and 3 while ANOVA was used to test hypotheses 4. All the hypotheses were tested at 0.05 level of significance. Result shows that entrepreneurship is enhanced when there is adequate financial support from government in order to obtained positive growth and wealth equality through the help of small and medium enterprises respectively. The finding concluded that entrepreneurship always contributes towards successful business organization. Itrecommended that government should grant loans for entrepreneurship ownership in order to eliminate financial constraints that affect the growth of entrepreneurship in south-south region.
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