About this paper

Appears in:
Pages: 9543-9552
Publication year: 2020
ISBN: 978-84-09-24232-0
ISSN: 2340-1095
doi: 10.21125/iceri.2020.2127

Conference name: 13th annual International Conference of Education, Research and Innovation
Dates: 9-10 November, 2020
Location: Online Conference

SUPPORT SYSTEMS, ENTREPRENEURSHIP EDUCATION AND THE CHALLENGES OF START-UPS IN DEVELOPING ECONOMIES

M. Ezema, O. Adegbuyi, F. Olokoyo, C. Moses

Covenant University (NIGERIA)
Entrepreneurship has been recognised as an essential strategy for economic growth. It is also known for solving unemployment problems and reducing the poverty level. Entrepreneurship education is aimed at providing knowledge, skills, competencies, and motivation to create and innovate important business ideas that can lead to start-ups or businesses in various settings. Economic development, as witnessed by developed countries, can be traced to entrepreneurial activities. There are various motivating factors for starting a business. One of such motivating factors is the availability of support systems. Such supports include entrepreneurship education, enabling environmental/policies, infrastructure, media/market information, and finance. The effects of these support systems in developing economies such as Nigeria need to be properly examined to understand why many start-ups fail to develop into thriving and prosperous businesses. This paper intends to identify and discuss the challenges of start-ups and why support systems are important in developing economies. The methodology adopted for the study is a literature review. The study found that the absence or inadequate entrepreneurial support systems play a vital role in the attrition rate of start-ups within the study context.
@InProceedings{EZEMA2020SUP,
author = {Ezema, M. and Adegbuyi, O. and Olokoyo, F. and Moses, C.},
title = {SUPPORT SYSTEMS, ENTREPRENEURSHIP EDUCATION AND THE CHALLENGES OF START-UPS IN DEVELOPING ECONOMIES},
series = {13th annual International Conference of Education, Research and Innovation},
booktitle = {ICERI2020 Proceedings},
isbn = {978-84-09-24232-0},
issn = {2340-1095},
doi = {10.21125/iceri.2020.2127},
url = {http://dx.doi.org/10.21125/iceri.2020.2127},
publisher = {IATED},
location = {Online Conference},
month = {9-10 November, 2020},
year = {2020},
pages = {9543-9552}}
TY - CONF
AU - M. Ezema AU - O. Adegbuyi AU - F. Olokoyo AU - C. Moses
TI - SUPPORT SYSTEMS, ENTREPRENEURSHIP EDUCATION AND THE CHALLENGES OF START-UPS IN DEVELOPING ECONOMIES
SN - 978-84-09-24232-0/2340-1095
DO - 10.21125/iceri.2020.2127
PY - 2020
Y1 - 9-10 November, 2020
CI - Online Conference
JO - 13th annual International Conference of Education, Research and Innovation
JA - ICERI2020 Proceedings
SP - 9543
EP - 9552
ER -
M. Ezema, O. Adegbuyi, F. Olokoyo, C. Moses (2020) SUPPORT SYSTEMS, ENTREPRENEURSHIP EDUCATION AND THE CHALLENGES OF START-UPS IN DEVELOPING ECONOMIES, ICERI2020 Proceedings, pp. 9543-9552.
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