It has become evident that the creation and development of a modern, flexible and knowledge based economy requires the growth of entrepreneurial firms. This is because of the capacity of such category of firms to boost entrepreneurial skills of youths. In addition, due to their capability to be dynamic and fast pace adaptation to a changing market and to generation of new employment for the citizenry. The main objective of this study is to investigate the role of youth entrepreneurs in nation building. A total of 40 upcoming entrepreneurial firms were randomly selected from a cross section of a population of firms located across Yaba Local Government Area (LGA) of Lagos state. Participants were chosen through a simple random sampling technique. The responses to the questionnaires were complemented with personal interviews of some of the owners and managers of entrepreneurial firms. Participant’s responses were analyzed with the use of simple percentages and are presented on pie and bar charts. This study finds that there is a significant relationship between competition, growth and development of entrepreneurial firms in Nigeria. However, it also finds that youth entrepreneurs if properly supported have a huge impact on the growth of national economy of Nigeria.
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In-Text Citation: (Fadeyi, Oke, Adegbuyi, Ajagbe, & Isiavwe, 2015)
To Cite this Article: Fadeyi, O., Oke, A. O., Adegbuyi, A., Ajagbe, M. A., & Isiavwe, D. T. (2015). Impact of Youth Entrepreneurship in Nation Building. International Journal of Academic Research in Public Policy and Governace, 2(1), 27–39.
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