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(Received 16 July 2019; Revision Accepted 14 August 2019)
ABSTRACTS
The study assessed the factors affecting entrepreneurship development among Food Marketers in Ilorin Metropolis, Kwara State, Nigeria. One hundred and ten respondents were randomly selected in four markets in Ilorin. The data was analyzed using frequency count, percentage, mean and Pearson Product Moment Correlation. The result reveals that mean age of the respondents was 30.5 years and about 58.2% were female. Record keeping skills (mean score =2.42) was the highest ranked entrepreneurial information needs of the respondents while lack of start-up capital (mean score =2.40) was the most severe factor affecting entrepreneurial activities of food marketers. There is a weak positive significant relationship between the entrepreneurial information needs and factors affecting entrepreneurial development of the respondents (r=0.407, p=0.0001). The study recommends that there should be provision of training on entrepreneurial skills based on the identified areas of needs and there should be provision of credit facilities to the food marketers as these will enhance their productivity.
KEYWORDS: Entrepreneurial Development, Factors, Information Needs, Food Marketers, Ilorin Metropolis.
INTRODUCTION
An entrepreneur is a person who starts a business, or businesses, taking on financial risk in the hope of profit. Entrepreneurship is an activity that involves discovering, evaluating and exploiting opportunities in order to introduce products, services, methods, processes, and new materials (Sabuhilaki, 2016). Entrepreneurship is the application of energy for initiating and building an enterprise (Mishra, El-Osta & Shaik 2010). The term entrepreneurship is used to describe the dynamic process of creating incremental wealth (Shailesh, Gyanendra & Yadav 2013). Entrepreneurship is actually concerned with creating opportunities and meeting the needs of individuals or customers. Food marketer is a person that deals with food in the market. Food marketers promotes or sells food stuffs or food products in the market. Food marketers makes food available to the consumers in the market.
According to Owoade, (2014) entrepreneurs through their active participation in the food and agricultural sector would strongly impacts food security, industrialization efforts, quality of life, economic growth, and political stability and, to a certain extent, a nation's position in international relations and trade.
Development of entrepreneurship skills of food marketers will enhance their productivity, open up new business opportunities, improve the Nigerian economy and reduce the...