Journal of Management Information and Decision Sciences (Print ISSN: 1524-7252; Online ISSN: 1532-5806)

Abstract

Exploring the Nexus Between Entrepreneurship Development, Credit Access, Unemployment, And Economic Growth in Nigeria

Author(s): Segun Kehinde & Kemi Kehinde

This study delves into the intricate relationship between entrepreneurship development, credit access, unemployment, and economic growth in Nigeria. Through a comprehensive analysis, the research aims to examine the impact of entrepreneurship advancement on overall economic growth, considering factors such as innovation, job creation, and market expansion. Additionally, it investigates the effect of credit accessibility on entrepreneurship capacity utilization and its subsequent influence on economic growth within the Nigerian context. By assessing the extent to which entrepreneurs can leverage credit facilities to enhance their business operations, this study provides insights into the importance of financial support for entrepreneurial endeavors. Furthermore, the research explores the moderating role of entrepreneurship development in mitigating the adverse effects of unemployment on economic growth. By evaluating how a robust entrepreneurial ecosystem can buffer the negative impact of unemployment on economic productivity and stability, this study highlights the significance of fostering entrepreneurship as a means of addressing socio-economic challenges and driving sustainable growth. Overall, the findings contribute to a deeper understanding of the dynamics between entrepreneurship, credit access, unemployment, and economic growth in Nigeria, offering valuable insights for policymakers, practitioners, and stakeholders to inform strategic interventions and policy decisions aimed at fostering entrepreneurship-led economic development

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