PurposeTackling structural and emergent problems in the labour market, valorising skilled human capital (HC) for opportunity creation, economic development and growth, are some of the key drivers for graduate entrepreneurship. This paper aims to examine developments in Africa, focusing on the significance of improving human capital through graduate entrepreneurship to meet the Millennium Development Goals (MDGs) in Nigeria.Design/methodology/approachBased on a unique Education Partnerships in Africa (EPA) project the paper adopts a conceptual and exploratory approach to understand the institutional, cultural and economic dimensions of change and the specific role of graduate entrepreneurship education and training in enabling productive outcomes, using an illustrative case study of the project to develop the arguments.FindingsKnowledge creation lies at the heart of entrepreneurship development in developing economies such as Nigeria. Knowledge creation (KC) for entrepreneurship (E) is based on human capital (HC) development. In circumstances of uneven growth in developing economies HC development is the only constant. Harnessing HC for entrepreneurship can be based on three sets of propositions derived from an examination of the relationship between KC, HC and E, which locate graduate entrepreneurship's role within a holistic, institutional framework.Originality/valueThe paper's originality lies in the development of a model for promoting and evaluating a holistic approach to graduate entrepreneurship in developing countries based on the targeting of MDGs. It offers new insights into the role of graduate entrepreneurship in economic and social development.
Mobile phone market is one of the most turbulent market environments today due to increased competition and change. Thus, it is of growing concern to look at consumer brand switching behaviour and shade light on the factors that influence the consumer switching between different brands of mobile phones. On this basis, this paper deals with consumers' brand switching behaviour of mobile phone by studying factors that influence consumers to change their mobile phones brand and the mediating effects of customer satisfaction. Using literature review, it was found that although the purchase of a mobile phone is subjective, there are some general factors that seem to influence the switching behaviour of consumers among brands. The studies further show that among other things that influence consumer switching behaviour in the purchase of mobile phones includes reference group and product quality. The study further reveals that customer satisfaction has positive effects on customer switching. Thus, customer satisfaction is considered a positive Garga et al.; JESBS, 29(1): 1-11, 2019; Article no.JESBS.47545 2 determinant of how strong is the relationship between the customer and the product provider. The study therefore, recommends that mobile phone marketers should shift focus on building corporate image and analyze more carefully the reason for customers to switch brands in their industries in order to increase loyalty among these customers. Review Article
In an emerging economy such as Nigeria, people tend to associate their economic progress and well-being to the volume of the oil revenue accrued to their regions/states. Often, non-oil sectors are not considered paramount in the development process of the country. This can hamper entrepreneurship development as opportunities are effectively choked out of consideration in any economic development formulation. The dismal performance of oil-producing economies in the face of huge rents from oil sector and the advent of the knowledge economy, which has fundamentally changed the basis of wealth creation and growth in modern societies, have rekindled interest in the importance of oil revenue to the growth and development trajectory of Nigeria. Part of this performance may be due to the absence of entrepreneurial opportunity. This essay is developed on the premise that, even though oil revenue allocation is important in maintaining internal cohesion, its relevance to generating an enduring and inclusive wealth is questionable. We compared the official social and economic statistics of oil-producing states in Nigeria that received the highest oil revenue allocation and compared them with those of the non-oil-producing states which were given less oil revenue allocations. We could not establish a clear link between oil revenue allocation and wealth creation-measured by low poverty incidence, low unemployment and high capacity to generate internal revenue and provide social services, among the two categories of states observed. It is therefore safe to conclude that other endogenous determinants of growth, rather than oil revenue, accounted for the differences in wealth creation in Nigeria. The formulation of people-oriented development strategy, at state levels, with the aim of improving local productivity and capacity to attract new investments to create or improve competitive industries is recommended, in addition to a holistic approach, to improve governance and social services.
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