Entrepreneurship Ecosystem: Entrepreneurship Culture, Government policy and Development of Entrepreneurs in Uyo Metropolis, Akwa Ibom State

Abstract

This study centered on entrepreneurship ecosystem and development of business entrepreneurs in Uyo metropolis of Akwa Ibom State. The study specifically sought to examine the relationship between entrepreneurial culture, government policy and development of entrepreneurs in Uyo metropolis. Using a Survey research design, 380 respondents were investigated. Findings revealed that entrepreneurship culture has positive and significant relationship with development of business entrepreneurs in Uyo metropolis (r = 0.856, p.<0.05); and government policy has a positive and significant relationship with development of business entrepreneurs in Uyo metropolis (r = 0.746, p. <0.05). It was concluded that entrepreneurship ecosystem has a positive and significant relationship with the development of business entrepreneurs in Uyo metropolis of Akwa Ibom State. It was recommended that at various homes, colleges and universities, the culture of entrepreneurship should be encouraged as this will help to create healthy entrepreneurship culture among individuals and the state government, through various agencies, should encourage the development of business entrepreneurs through periodic arrangement of entrepreneurship training, seminars and workshops as these measures will help to direct their focus towards the development of entrepreneurship.