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September 20, 2025International Journal of Small Business and Entrepreneurship ResearchOpen Access

An Empirical Analysis of Constraints to Entrepreneurship Development in Nigeria: Policy and Practice Perspectives

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Authors

DDDurotimi Amos DadaTITimothy IhinmoyanGOGabriel Sesan Ologundudu

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Overview

This analysis identifies key constraints in entrepreneurship development in Nigeria, highlighting crucial policy implications.

Key Points

  • Financial limitations emerge as a major constraint to entrepreneurship, affecting growth and stability.
  • The study finds weak institutional support significantly hampers the potential of small and medium enterprises.
  • Key entrepreneurial competencies like leadership and strategic decision-making drive economic growth and innovation.
  • Challenges such as infrastructural decay and political instability collectively stifle entrepreneurship growth in Nigeria.

Cite This Study

Dada et al. (2025) studied this question.

synapsesocial.com/papers/68d43906713b0b5dfea7888ehttps://doi.org/10.37745/ijsber.2013/vol13n2113131
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