Entrepreneurship in Small and Medium Enterprises: A Catalyst for Capacity Building and Sustainable Youths Employment Generation in the Federal Capital Territory, Abuja, Nigeria

Abstract

This study investigated whether entrepreneurship in Small and Medium Enterprises (SMEs) can be a facilitator for capacity building and sustainable youth"s employment generation in the Federal Capital Territory, Abuja, Nigeria. The study used the survey research design. A structured questionnaire was employed for the collection of data. The views of 100 SMEs entrepreneur selected through the purposive sampling technique were elicited on whether entrepreneurship in SMEs can promote capacity building and sustainable youth"s employment generation in Abuja. The results showed that that entrepreneurship in SMEs can facilitate capacity building and sustain employment generation among youths in Abuja. However, the study revealed that entrepreneurship in SMEs can contribute effectively to the provision of capacity building and sustainable job for youths in Abuja. The finding revealed that access to finance was identified as the greatest barrier facing SMEs entrepreneur in the generation of sustainable employment for youths. Furthermore, the main channels through which SMEs entrepreneur create job for youths in the study area were becoming drivers of innovation and becoming the engine of economic growth. The results showed that entrepreneurship in SMEs is a catalyst for capacity building and sustainable youth"s employment generation in the Federal Capital Territory, Abuja. The study, therefore, recommends that: besides the microfinance banks, entrepreneurship development banks should be established with a view to providing fund to support SMEs and other enterprises in general and the government should provide the enabling environment for SMEs entrepreneur to thrive. Contribution/ Originality:This study is one of very few studies that contributed in a novel way to the existing literature on entrepreneurship and employment generation by specifically concentrating on Abuja. It has the capacity of unlocking the untapped potentials of youths thereby reversing the consequences of high youth unemployment on Nigeria"s development. INTRODUCTIONThe issue of job creation, youth employment and youth empowerment are some of the key factors working against the realization of central goals of the government in the direction of targets of development as entrenched in the medium-term Economic Recovery and Growth Plan (ERGP) and Vision 20:2020 of the Federal Republic of

Effect of Smart Attributes of SPA on Intention to Use of Blockchain System - Based on Securities Lending of Small and Medium Construction

“…After reviewing previous studies, the characteristics and advantages and disadvantages of blockchain and Smart Attributes of SPA were examined. The concepts and components of TAM were examined (Comfort and Oluwakemi, 2019); (Duru and Anyanwu, 2019). This study is different from previous studies as follows.…”