EFFECT OF ENTREPRENEURSHIP DEVELOPMENT ON THE ECONOMIC GROWTH OF DEKINA LOCAL GOVERNMENT
Abstract
ABSTRACT The study evaluated the effect of entrepreneurial development on economic growth of Dekina Local Govt Area. The objective of the study is to access risk taking, innovativeness and pro-activeness on economic growth of Dekina Local Govt Area. The research design adopted was survey research. And population consisted six thousand seven hundred and four [6,704).The study adopts a simple random sampling technique to select 377 SMEDAN. Data used for analysis were obtained with the use of questionnaires covering the period of seven years (2018-2024),which was used to construct ordinary least square (OLS) model of regression analysis and analysis of variance (ANOVA) to which was analyzed using SPSS version 20.0. The study revealed that risk taking has a significant and positive effect on the economic growth LGA.innovativeness has a significant effect on the economic growth and pro-activeness hasa significant effect on the economic growth in Dekina LGA, Kogi The study recommended that SMEs in Kogi State should encourage a culture of risk awareness and assessment. While risk-taking is essential for growth, it is crucial to analyze potential risks thoroughly and make well-informed decisions.
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