Nigeria's Sustainable Entrepreneurship Model: Implications for Third World Development

Nigeria's sustainable entrepreneurship model offers a compelling blueprint for third world development. Its innovative approach, lessons learned and best practices provide a foundation for policymakers, entrepreneurs and stakeholders to collaborate, innovate and thrive. As the world navigates the complexities of sustainable development, Nigeria's model shines as a testament to the transformative power of entrepreneurship, inspiring a more sustainable, equitable and prosperous future for all. The study made use of documentary sources of data collection which is also known as “Secondary Sources” from related literature. By documentary sources, we mean any written material (whether hand-written, typed or printed) that is already in existence, which was produced for other purpose than the benefit of the investigator. The study among others found out that Nigerian entrepreneurs face significant challenges in accessing finance, hindering sustainable entrepreneurship growth. Hence, the study recommends among others that financial institutions should offer adaptable lending policies and collateral requirements. The study therefore, concludes that as the global community strives to achieve the sustainable development goals (SDGs), Nigeria's sustainable entrepreneurship model serves as a beacon of hope. This pioneering approach has the potential to inspire a new generation of entrepreneurs, policymakers and stakeholders committed to sustainable development. By embracing sustainable entrepreneurship, third world countries can break the cycle of poverty, inequality and environmental degradation, forging a brighter future for their citizens.

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Publication Details

Journal
Zenodo (CERN European Organization for Nuclear Research)
Published
2024-12-27
DOI
https://doi.org/10.5281/zenodo.14560429
Primary Topic
African Education and Politics
Type
article
Field-Weighted Citation Impact
0.00
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article

Nigeria's Sustainable Entrepreneurship Model: Implications for Third World Development

Zenodo (CERN European Organization for Nuclear Research)
African Education and Politics
article

Nigeria's Sustainable Entrepreneurship Model: Implications for Third World Development

article en

Abstract

Nigeria's sustainable entrepreneurship model offers a compelling blueprint for third world development. Its innovative approach, lessons learned and best practices provide a foundation for policymakers, entrepreneurs and stakeholders to collaborate, innovate and thrive. As the world navigates the complexities of sustainable development, Nigeria's model shines as a testament to the transformative power of entrepreneurship, inspiring a more sustainable, equitable and prosperous future for all. The study made use of documentary sources of data collection which is also known as “Secondary Sources” from related literature. By documentary sources, we mean any written material (whether hand-written, typed or printed) that is already in existence, which was produced for other purpose than the benefit of the investigator. The study among others found out that Nigerian entrepreneurs face significant challenges in accessing finance, hindering sustainable entrepreneurship growth. Hence, the study recommends among others that financial institutions should offer adaptable lending policies and collateral requirements. The study therefore, concludes that as the global community strives to achieve the sustainable development goals (SDGs), Nigeria's sustainable entrepreneurship model serves as a beacon of hope. This pioneering approach has the potential to inspire a new generation of entrepreneurs, policymakers and stakeholders committed to sustainable development. By embracing sustainable entrepreneurship, third world countries can break the cycle of poverty, inequality and environmental degradation, forging a brighter future for their citizens.

Zenodo (CERN European Organization for Nuclear Research)
University of Nigeria (NG)
Decent work and economic growth
Openalex Percentile: Top 48%
African Education and Politics
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Nigeria's Sustainable Entrepreneurship Model: Implications for Third World Development · Zenodo (CERN European Organization for Nuclear Research) (2024) | TGRS Research Map | TGRS