Policy Implementation and Entrepreneurship Development in Nigeria

Abstract

The vital contribution of entrepreneurship to a nation’s economy has made government to formulate and implements lots of policies and program channelled towards entrepreneurship development. However, research effort in this area is not commensurate with importance that entrepreneurship development deserves in academic circle. This study therefore examine the relationship between policy implementation and entrepreneurship development in selected agri-prenuers in the five local government areas of Ogbomoso, Oyo State. Snowballing sampling technique was employed for this study. Primary data were collected by administering 250 questionnaires on egg farmers. Variables used in this study included provision of infrastructures and training proxy by average increase in egg production (Avincre) and policy implementation [production level (pl) and farm level (fl)]. Multiple regression technique was used to analyze the extent to which policy implementation affects provision of infrastructure and trainings.R 2 = 0.58 implied that the extent to which the policy implementation attributes explained the variation in the provision of infrastructure and training is 58 percent. Furthermore, the F-ratio was 96.884 and the critical value 0.001 implied that policy implementation attributes significantly affect entrepreneurship development at 0.05 level of significance. Lastly, production level had the highest effect with beta value of 0.416 followed by average increase with beta value of 0.390 and lastly by description of farm level.The outcome of the study showed that there is a strong link between policy implementation and entrepreneurship development in Nigeria. Based on this outcome it is imperative to recommend that a lot of emphasis should be placed on policy implementation attributes to enhance entrepreneurship development in Nigeria.