MA 07 Effect of Political Environment on Entrepreneurship Development: A Small Business Perspective in Abuja, FCT

Effect of Political Environment on Entrepreneurship Development: A Small Business Perspective in Abuja, FCT

Opusunju Michael Isaac, 

Zwingina Twaliwi Christy, 

MuratAkyuz & 

Jiya Ndalo Santeli

 

Abstract:

The study exemines the effect of political environment on entrepreneurship development using small businesses in Abuja, FCT. Over the years, government of Nigeria used bureaucracy in administering their activities and fighting corruption in order to ensure that the activities of small business in Nigeria improve. Yet, despite government involvement in monitoring and checkmating political environment for the development of entrepreneurs, the small business owners are not innovating and developing. The study employed survey research design and questionnaire were administered to owners of small business in Abuja. The population of this study is the owners of small business in Nigeria which is 2670 and the sample size was reduced using Taro Yamane formula to 348. The study used descriptive statistics, charts, correlation analysis and regression with a statistical package for social sciences (SPSS, 23.00). The study found that political environment such as bureaucracy, corruption and employment law is significant to entrepreneurship development in Abuja. The study recommended that government of Nigeria should reduce the bureaucratic bottleneck, ensure corruption free economy where not only those in opposition party should be fought against. They should re-design strategy to address the unfavourable political environment since it negatively effect on entrepreneurs in Abuja.

Keywords: Political environment, Entrepreneurship development, Innovation, Bureaucracy corruption

Akyuz , M., Opusunju , M. I., Zwingina, T. C., & Jiya, N. S. (2018). Effect of Political Environment on Entrepreneurship Development: A Small Business Perspective in Abuja, FCT (Vol. 4). London, United Kingdom: International Scientific Research Consortium. Retrieved from http://internationalpolicybrief.org/journals/international-scientific-research-consortium-journals/intl-jrnl-of-operational-research-in-mgmt-soc-sci-edu-vol4-no2-november-2018
https://drive.google.com/open?id=1qTCTdp93XOGpzXm3F6ICkG0QHTW5tM31 

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