SOCIO-CULTURAL FACTORS IN ENTREPRENEURIAL EVENT FORMATION: A STUDY OF NIGERIAN ENTREPRENEURS

📄 Project Abstract

Entrepreneurship has been found to be a factor in socio-economic and human development. Its study has, however, been largely viewed from economic perspective in Nigeria. This work was an attempt to approach the issue of entrepreneurial event among Nigerian entrepreneurs from socio-cultural perspective. This study was conducted in three selected organized associations of entrepreneurs in Lagos, Nigeria. The study covered the interactions between some socio-cultural factors such as, social capital, dissatisfaction/displacement experience, social status, and perceived instrumentality of wealth, on the one hand, and predictor variables (ethnic group, gender, age and level of education), on the other. The main objective of the study was to understand how considerations of social capital, dissatisfaction/displacement experience, social status and perceived instrumentality of wealth for engaging in entrepreneurial event were functions of some socio-demographic and background factors among Nig...