This study used the works of Barro(1990), Bakare(2011), andDissou and Yakautsava (2011) to establish the relationship between government spending, corruption and output growth in Nigeria. It employed aggregated data from 1980 to 2011. Using the Johansen Maximum Likelihood procedure and error correction mechanism, the study showed that the estimates of money supply, capital formation, openness to trade and innovation system positively influenced output growth while unemployment and domestic debt affected output negatively. Public investment as a percentage of GDP and corruption influenced adversely output growth. The paper recommends that corruption tilts public spending away from growth enhancing projects and towards low and less productive ones.
In attempting to explain the rather inconsistent growth of manufacturing industries in Nigeria, this study seeks to investigate the effect of human capital on manufacturing output in the Nigerian industrial firms. The study adopts human capital theory as a basis for the theoretical framework. Micro-data from the World Bank Enterprise Survey (2014) is utilised to perform Spearman Correlation in investigating the specific effects of HC on manufacturing value-added for Nigerian industries. High-school education, formal training and research were found to have a weak positive but significant impact on levels of manufacturing output. Therefore, recommendations on improved human capital quality via public-private partnerships, fostering trainings, research activities and conducive business environment in terms of unbiased and efficient institutions for manufacturing sectors, among others were proffered.
Practicing entrepreneurs make decisions in their business operations. These decisions are influenced by the environmental force and contextual issues that affect their operational process. This research paper focuses on exploring environmental complexities and their influence on entrepreneurial decision-making. The research applies a conceptual approach to unpack the effects of complexities, stakeholders’ perspectives and contextual issues on entrepreneurial decision process. A key suggestion is the adoption of meaningful engagement approach to addressing emerging complexities between entrepreneurship practice and environmental issues. While the research finds that interactive engagement can be slow in its process, it highlights the key advantages that could be useful to entrepreneurial practices.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.