Entrepreneurship Development and the Negative Implications for Sustainable Development: The Context of Socio- Cultural and Economic Environment in Nigeria
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Date
2018
Authors
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Journal ISSN
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Publisher
ISDS LLC, Japan
Abstract
The paper examined the negative role of entrepreneurship in sustainable development agenda, using the impact of entrepreneurship on socio-cultural and economic environment as the intermediation between entrepreneurship development and sustainable development. The focus is on socio-cultural and economic sustainability as components of the concept of sustainable development. It argued that entrepreneurship creates negative socio-cultural and economic conditions that detract from the goals of sustainable development. This was buttressed by the fact that the increasing level of entrepreneurship involvement in national economies is in contrast to expectation, being accompanied by a negative reversal in socio- cultural and economic conditions in a rising trend. The Nigerian prevailing socio-cultural and economic conditions were used as relevant cases for the arguments particularly with reference to the impact of the terrorist activities, among other anti-social factors. The paper concluded that sustainable development pursuit must be taken in totality by balancing ecological sustainability with socio-cultural and economic sustainability and this can be achieved by redirecting the focus of entrepreneurial activities towards creating positive socio-cultural and economic conditions that reflect and guarantee societal intergenerational survival.
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Keywords
Entrepreneurship development, Sustainable development, Socio-Economic Environment, Livelihood assets, Nigeria
Citation
Akpor-Robaro, M.O. and Ojo, A.A. (2018), “Entrepreneurship development and the negative implications for sustainable development: the context of socio-cultural and economic environment in Nigeria”, International Journal of Development and Sustainability, Vol. 7 No. 10, pp. 2463-2474.