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IMPACT OF SMALL SCALE BUSINESS ON EMPLOYMENT GENERATION IN NIGERIA: A CASE STUDY OF SELECTED FIRM
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Table of contents
CHAPTER ONE: INTRODUCTION 1
1.1 Background to the Study 1
1.2 Statement of the Problem 4
1.3 Objective of the Study` 6
1.4 Research Questions 6
1.5 Research Hypotheses 7
1.6 Significance of the Study 7
1.7 Scope and Limitation of the Study 8
1.8 Definition of terms 8
1.9 Operational Definition of Terms 9
CHAPTER TWO: LITERATURE REVIEW 11
2.1 Conceptual Review 11
2.1.1 Small Scale Business 11
2.1.2 Features of Small Scale Enterprises in Nigeria 13
2.1.3 The Prospects of Small Scale Firms 14
2.1.4 Problems and Challenges facing Small Scale Firms 19
2.1.5 Concept of Employment/Unemployment 29
2.1.6 Meaning of Employment Generation 33
2.2 Theoretical Framework 35
2.2.1 The Classical Theory of Employment and Productivity 35
2.2.2 The Keynesian Theory of Employment and Productivity 36
2.2.3 Other Modern Theories Connecting Small scale Enterprises and
Employment 37
2.3 Empirical Review 39
CHAPTER THREE: RESEARCH METHODOLOGY 47
3.1 Introduction 47
3.2 Research Design 47
3.3 Population of the Study 47
3.4 Sample and Sampling Techniques 47
3.5 Re-statement of Hypotheses 48
3.6 Research Instrument 48
3.7 Procedure for Administration of Instrument 49
3.8 Procedure for Data Analysis 49
CHAPTER FOUR: Data Presentations, Interpretation and Analysis 51
4.1 Analysis of Demographic Data 51
4.2 Analysis of Section B 53
4.3 Testing of Hypotheses 63
4.3.1 Hypothesis One 63
4.3.2 Hypothesis Two 64
CHAPTER FIVE: Discussion, Conclusion and Recommendations 67
5.1 Discussion of Findings 67
5.2 Conclusion 68
5.3 Recommendations 68 REFERENCES 70
APPENDIX: Questionnaire 74
LIST OF TABLE
Table Title Page
4.1.1 Gender Distribution of Respondents 51
4.1.2 Age Distribution of Respondents 51
4.1.3 Marital Status Distribution of Respondents 52
4.1.4 Educational Qualification of Respondents 52
4.1.5 Departmental Distribution of Respondents. 52
4.2.1 A good economy will improve the quality of living 53
4.2.2 The economy depends on Small scale businesses to reduce unemployment. 53
4.2.3 Small scale enterprises contribute to employment generation 54
4.2.4 Government need to help small scales business in order to increase employment generation 54
4.2.5 Small scale business can reduce poverty in Nigeria 55
4.2.6 Unemployment can be reduced through youth engagement in small scale business 55
4.2.7 Small scale business reduces unemployment in the past 5 years. 56
4.2.8 Small scale business employment rate is very high in the past five years 56
4.2.9 Small scale business have been able to reduce unemployment to the bearest minimum 57
4.2.10 Small scale business can boast Nigeria economy 57
4.2.11 Promotion of small scale businesses and improvement in employment generation are related 58
4.2.12 Unemployment is problem to the economic growth and development of Nigeria 58
4.2.13 The quantity of employment created by small scale business in the past five years is very high in Nigeria 59
4.2.14 The only hope for employment generation is for government to create quality environment for small scale 59
4.2.15 Small scale business have created job for unemployed youth in the past 5 years. 60
Abstract
Economic growth of a country is measured by the rate of increase in a country’s gross domestic product. While the gross domestic product is a key measure by which policy makers estimate how well the economy is doing, it provides little information on how families and individuals are doing in the country. Lack of employment opportunities and the consequential income disparity bring about mass poverty in most of the developing and under developed countries. Nigeria’s unemployment level is a major concern to all stakeholders in the country as the unemployment rate rises. This study provides empirical findings on the impact of small scale business on employment generation in Nigeria. The study uses 20 item questionnaire in generating its data, which was subjected to different statistics, these are; simple percentage and chi-square in order to answer questions and test hypotheses formulated in the study. The study revealed that there was a significant impact of small scale business on employment generation. It also showed that there was a significant increment in the quantity of employment generated by small scale business between the period of five years. The study recommends that, there is need for small and medium scale enterprise, civil Society, organizations, non -governmental Organizations to collaborate with the State Government in other to provide qualitative employment that can sustained the development of this nation.
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