Capacity Building and Innovative Entrepreneurship Ecosystem in Akwa Ibom, Nigeria

Authors : Johnson O. Odohoedi; Godwin Edet Okponganam; Isaac Udofia Inwang

Volume/Issue : Volume 8 - 2023, Issue 9 - September

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This study emphasizes the role of capacity building in the state-of-the-art entrepreneurship ecosystem in Nigeria. The prime research data for this study were obtained from El-Kanis Agros Ltd through the administration of questionnaires. A simple random sampling technique was adopted for selecting 132 respondents from the workers and trainees of the organization. Simple percentages and linear multiple regression were employed for data analysis to evaluate empirically the impact of training and empowerment as well as the influence of digital technology on the entrepreneurship ecosystem. The findings revealed that training and development have a statistically significant effect on the entrepreneurship ecosystem in Nigeria at a p-value of 0.002. Also, the research proposition which says no significant influence of digital technology on entrepreneurship in Nigeria was rejected as the analysis shows a significant outcome at a P-value of 0.033. we concluded that the application of skills, talents, and technical knowledge favored the emergence of sustainable development and the creation of entrepreneurship ecosystems in Nigeria. Moreover, capacity building can engineer the generation of new companies that would help business stakeholders advance answers to ecological and societal issues. We recommended that since learning has an impression on the entrepreneurs that are recognized by the studied population, entrepreneurship ecosystem hubs where people articulate and share ideas should be established all over the state.

Keywords : Digital Technology, Ecosystem, Entrepreneurship, Innovation, Organization, Training and Development.


Paper Submission Last Date
31 - December - 2023

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