Entrepreneurship and Sustainable Development Among Selected Entrepreneurs/Small Scale Businesses in Ijebu-Ode Local Government Area, Ogun State, Nigeria

Abstract

The study investigates entrepreneurship and sustainable development among selected entrepreneurs/small scale businesses at Ijebu-Ode Local Government Area, Ogun State. Survey research design was adopted for this research. Primary source of data was used in carrying out this study. One hundred and four (104) completely filled and returned questionnaires as the sample size of this research study. The data collected were tested using SSPS Software Version and analysed using descriptive statistics, multiple regression and correlation coefficients which reveal that the overall regression model is fit. The finding indicates that there is significant relationship effect of opportunity-based entrepreneurship on sustainable development in Nigeria which suggests the notion that sustainable development is influenced by 86.9% of opportunity-based entrepreneurship as reported by hypothesis one. The study concluded that regarding general macroeconomic and microeconomic policies, government has roles to encourage entrepreneurship, enhance pro-poor growth and poverty reduction through international trade, taxation, government expenditure, inflation control, infrastructure, education, health, viability of the legal system, and financial deepening. The study therefore recommends among others that development of entrepreneurial skills married with excellent knowledge of information and communication technology (ICT) as additional key to technological and entrepreneurial development is important.