THE ROLE OF ENTREPRENEURSHIP IN DEVELOPMENT OF RURAL AREAS (A CASE OF MBAITOLI LOCAL GOVERNMENT)

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Abstract

Project are required to write by students in ND and HND at the end of  their final year to asses the research work which they had made and to know that they have completed the final year in school. This particular project comprises of the following chapters such as chapter one which introduces the topic that is “The role of entrepreneurship in development of rural area (a case study of Mbaitoli local government area). It has also some of the statement of problems, objectives of study, significant of study, scope and limitation of the study, and definition of terms. Chapter two comprise literature review characteristics of entrepreneurship, functions of entrepreneurship, roles, barriers and solution to the barriers etc. in chapter three is research design and methodology such as methods, sample seize and method of data analysis. Chapter four comprises data presentation and general characteristics of data. Finally, chapter five comprises summaries of findings, conclusion and recommendations.

 TABLE OF CONTENT

Title page

Approval page                                                 ii

Dedication                                                      iii

Acknowledgement                                            iv

Abstract                                                         v

Table of content                                              vi

CHAPTER ONE                                

1.0  Introduction

1.1. Background of study

1.2. Statement of the problem

1.3  Objective of the study

1.4  Research questions

1.5. Significance of the study

1.6  Scope of the study

1.7  Limitation of the study

1.8  Definitions of terms

CHAPTER TWO

2.0. Literature review

2.1. Introduction

2.2  Definition of entrepreneurship    

2.3  Characteristics of entrepreneurs

2.4  Functions of entrepreneurs

2.5  Roles/ importance of entrepreneurship

2.6  Barriers of entrepreneurship

2.7  Solution to the barriers

2.8  Summary of the chapter

       Reference  

CHAPTER THREE

  • Research methodology

3.1  Introduction

3.2. Research design  

3.3. Sources/method of data collections

3.4. Population and sample size

3.5. Sample technique

3.6. Validity/ reliability of measuring instrument

3.7. Method of data analysis

CHAPTER FOUR

4.0. Presentation and analysis of data introduction

4.1. Introduction

4.2. Presentation

4.3. Analysis of data

4.4  Interpretation of result

CHAPTER FIVE

5.0. Summary, conclusion and recommendation

5.1. Introduction

5.2. Summary

5.3. Conclusion

5.4. Recommendation

       References

       Appendix              

CHAPTER ONE

1.0. INTRODUCTION

1.1. BACKGROUND OF THE STUDY

The level of development of any nation is measured by its economic activities and productivity. Also the economic realities of a nation is a function of the rate of investment (public or private) the act which investigators commits their funds either to expand plan or to start a new project entirely environments and prospects at a given time.

Government alone cannot provide act the investment needed in a country. To complement the government efforts as a result of perceived role, the private sectors can play in engineering position for governments including Nigeria, of assistance to pupervise and support active participation of the private sectors in economic development rests.

The starting point of entrepreneurship lies in the human need and wants. The existence of production, what has utility do to satisfy such needs. Man in his quest to satisfying his unending needs, funds him unto production in the production period. The utility to initiate a business ideas and also take position in combining other factors of production such as (land, labour, capital) for efficient problems (the focus of the study) dreaminess role of entrepreneur, characteristics, problems and  prospect while most people allow condition to control their attitude on entrepreneurship use the control condition.

Entrepreneurship started when people produced more products that needed as such they had to exchange those surpluses for instances if a blacksmith produces more hoes that he needed, may be he needs some goat or yam etc, he would look for someone who needed his product to exchange worth by this way, producers came to realized what they can concentrate in their area of production to produce more and echange with that they needed.

So through this exchange of products, entrepreneurship started. A typical Nigeria entrepreneur is a self made man who might be said to have strong will to succeed, he might engage the service of others like mates, friengs, in-law etc to help him in his work for production. Through this way, Nigeria in the olden days was engaged in entrepreneurship. Early entrepreneurship started with trade-by-barter.

Modern entrepreneurship in Nigeria started with the coming of colonial masters who brought in their wears and made Nigerians their middle men. In this way, modern entrepreneurship was conceived. One of the major factots that have in many ways discourages this value system brought by formal education.

Although, difficulty due to lack of resources, there are no profitable organization in Nigeria that rae dedicated to promote entrepreneurship. Nigeria does not have a large detailed history when it comes to entrepreneur. Their history started with the surplus production of goods when they had created too many products in their domain. They would trade those products for something else they needed. This is the beginning of entrepreneur in a whole clear light with Nigeria.

History Background of the study (Mbaitoli local Government Area).

Mbaitoli came into focus in colonial area as a local government area in Imo state, which stretched further to Orlu road. Mbaitoli which was created in the year 1994-1995, because more popular and well populated in 1950, eastern region of Nigeria because the first colonial territory in Africa where a wholesome government ordinances law was passed which had three tier system, country, district and local government. Mbaitoli because a local government area to promote entrepreneurship.

Nigeria, its state and local government’s area history started with the surplus production of good and they exchange these surplus goods for something else they needed. This is the beginning of entrepreneurs in a whole new light in Nigeria.

THE ROLE OF ENTREPRENEURSHIP IN DEVELOPMENT OF RURAL AREAS (A CASE OF MBAITOLI LOCAL GOVERNMENT)