The capacity and willingness to develop, organize and manage a business venture along with any of its risks in order to make a profit. The most obvious example of entrepreneurship is the starting of new businesses, or running a collapsed government system-like Nigeria .
In economics, entrepreneurship combined with land, labor, natural resources and capital can produce profit.
Those who will lead us need to know how to combine this factors in order to generate employment and create wealth.
Entrepreneurial spirit is characterized by innovation and risk-taking, and is an essential part of a nation’s ability to succeed in an ever changing and increasingly competitive global marketplace.
We need innovation leaders . The questions, is who is this innovative Leaders at the moment?
President Buhari of APC?
Atiku of PDP?
Those Young Nigerians Running with Good tracking record but lack what it takes to win present day election in Nigeria ?
Time will tell, as we approach 2019.
Innovation and growth are associated with successful entrepreneurship and governance. This research area is devoted to the conditions and contexts under which new businesses can be successfully started and grown. Aspects of corporate governance such as risk management, auditing and financial accounting are also crucial factors for the development of entities and any nations. The role of asymmetric information and incentive mechanisms underlies these questions. It is a domain where interactions between economics and management can be usefully exploited.
Entrepreneurial activities take place within a wider institutional environment, in which a range of public, private and societal institutions progressively shape the economy and society.
Successful managers and entrepreneurs of tomorrow need to be able to identify those institutional environments that best facilitate innovation and encourage market competitiveness. In addition, government head should recognize opportunities to influence and collaborate with public, economic, and corporate governance institutions to benefit their own citizenry .The challenge in Nigeria is inability to combine Entrepreneurship and Governance together for developmental goals. When president or governor introduces entrepreneurs activities in which through it jobs were created. In a developed countries, various governance actors, their power relations, interactions and social ties, and shows you how they are connected to entrepreneurial activities. Key questions that the electorate should ask is mechanism in place to avert the incoming doom. “In 10 years to come if Nigeria ship continue to move at same paste and direction, the ship will soon sank”
It is time for Nigerians to disgrace vote buyers, if there is no sellers of votes, they wouldn’t be buyers, let opt for entrepreneurial oriented leaders, at federal, states and Local Governments.
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