Venturing into Small Business in a Developing Economy:

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dc.contributor.authorOwualah, S.I.
dc.date.accessioned2017-10-13T17:19:45Z
dc.date.available2017-10-13T17:19:45Z
dc.date.issued1990
dc.descriptionTo access the full text of this article, kindly contact the University Librarian- Dr. Olukemi Fadehan via the administrators: Dr. Yetunde Zaid (yzaid@unilag.edu.ng) or Dr. Christopher Okiki (cokiki@unilag.edu.ng) of the University of Lagos Libraryen_US
dc.description.abstractThis paper investigates how far Nigeria's structural adjustment programs have contributed to the growth of more small businesses as part of a broader inquiry into the motivations of small business founders in Nigeria. It further addresses the related issue of the constraints to small business operations in the country. Evidence produced by the study does not show loss of jobs or strictly speaking, unemployment — one of the consequences of the structural reforms, to be a strong motivational factor. Rather, independence, innovation, financial returns and precautionary motives dominate the reasons for starting a small business. However there is a possibility that the insignificance of the unemployment factor may be related to the constraints to small business ownership identified in this study. Most important among them is capital constraint, both working and fixed capital. Others such as unfavorable economic conditions and government policies, etc are not inconsequential though, cause a lesser concern.en_US
dc.identifier.citationOwualah,S.I. (1990), Venturing into Small Business in a Developing Economy: Motivations and Constraints.Savings and Development, Vol.14, (4), p.415 - 424.en_US
dc.identifier.uriURL: http://www.jstor.org/stable/25830245
dc.identifier.urihttps://www.researchgate.net/.../254179847_Venturing_into_small_business_in_a_devel
dc.identifier.urihttp://ir.unilag.edu.ng:8080/xmlui/handle/123456789/2238
dc.language.isoenen_US
dc.publisherGiordano Dell-Amore Foundationen_US
dc.relation.ispartofseriesStaff Publication;
dc.subjectEconomic Reformen_US
dc.subjectIndustrial Sectoren_US
dc.titleVenturing into Small Business in a Developing Economy:en_US
dc.title.alternativeMotivations and Constraints.en_US
dc.typeArticleen_US
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