Department of Accounting and Finance

Permanent URI for this community

https://kwasuspace.kwasu.edu.ng/handle/123456789/83

Browse

Browsing Department of Accounting and Finance by Author "Abdulkadir Adeola Musa"

Now showing 1 - 1 of 1
  • Thumbnail Image
    Item
    PATTERNS OF GROWTH AND STRUCTUAL TRANSFORMATION: THE MEDITATING ROLE OF ENTREPRENEURSHIP FOR FUTURE DEVELOPMENT STRATEGIES
    (Enterpreneurial Journal of Management Sciences, 2014) Oladipupo Muhrtala Tijani; Lukman Adebayo Oke; Abdulkadir Adeola Musa; Tunde Saka Abdulsalam
    The premise that entrepreneurship is linked to economic growth finds its most immediate foundation in simple intuition, common sense and pure economic observation. With technological change and the intensified global competition, the assumption that fostering entrepreneurship means fostering a country's competitiveness today appears more valid than ever before. This thematic study analyses the role of entrepreneurial activity for adjustments on the process of structural change in Nigeria drawing on the accelerated economic transformation as a historical framework Using multiple regression and relying on macroeconomic indicators between 1989 and 2012, the current study find that increase in manufacturing firm entry has positive and significant impact on gross domestic product. Industry capacity utilization also emerges as a good predictor for growth of increasing manufacturing entrepreneurial participation but not with growth in manufacturing GDP. The result of the study has economic implications for the continuous renewal of macroeconomic strategies aimed at transforming entrepreneurial activity into growth.