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.
Institutions
- University of Nigeria (NG)
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