Descriptive Analysis of Entrepreneurial Skill and Opportunities Utilization for Sustainable Development in Nigeria
Momoh I. Yalo *
Department of Marketing, Federal Polytechnic, Idah, Nigeria.
Hakeem Tomi Saliu
Department of Banking and Finance, Kogi State University, Anyigba, Nigeria.
Dare Joseph Enimola
Department of Business Administration, Kogi State University, Anyigba, Nigeria.
*Author to whom correspondence should be addressed.
Abstract
This study focused on entrepreneurial skill and opportunities utilization for sustainable development in Nigeria. The study adopted a purposive sampling and selected 316 SMEs. The study also adopted multi-stage sampling technique. Data collected were analysed with descriptive and Likert statistical methods. The study revealed that the utilization of entrepreneurial skill and opportunities is greatly influenced by financial, human and social capital; and that sustainable development can be facilitated in Nigeria when there is a maintained balance among these factors. Thus, the study concluded that the influence of financial, human and social capital on the utilization of entrepreneurial skill and opportunities cannot be overemphasized; as they have heavy implications on sustainable development in Nigeria. The study therefore recommends that government and other stakeholders should ensure adequately balanced supply of financial, human and social capital such that entrepreneurial skill and opportunities can be utilized to a great extent, for the benefit of sustainable development in Nigeria.
Keywords: Entrepreneurial skill and opportunities, financial resources, human and social capital, sustainable development.