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Determinants of Entrepreneurship Development among Members of Cooperative Societies in Anambra State, Nigeria

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Determinants of Entrepreneurship Development among Members of Cooperative Societies in Anambra State, Nigeria


Anigbogu, Theresa Ukamaka | Ezeabikwa, Anurika Joan



Anigbogu, Theresa Ukamaka | Ezeabikwa, Anurika Joan "Determinants of Entrepreneurship Development among Members of Cooperative Societies in Anambra State, Nigeria" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-6, October 2021, pp.1017-1023, URL: https://www.ijtsrd.com/papers/ijtsrd47563.pdf

This study examined determinants of entrepreneurship development among members of cooperative societies in Anambra State, Nigeria. The study specifically examined the influence of financial intermediation, business culture, extension services and cooperative membership on business growth among members of cooperative societies in Anambra State. The study was a descriptive survey on sample 261 respondent using a structured questionnaire. The data collected were analyzed using frequency table, simple percentages and regression technique of the Ordinary Least Square (OLS). Findings revealed that financial intermediation, business culture, extension services and cooperative membership have significant influence on business growth among members of cooperative societies in Anambra State. Based on the findings, the study recommends that the government and donor agencies should use the cooperative as platform for entrepreneurship development by extending financial intermediation to cooperative members. This is because it has significant influence on business growth among members of cooperative societies in Anambra State. The cooperative should imbibe business culture in their societies because it defines the corporate image and enhances the internal democracy of the society. Extension agents should be encouraged by the agencies regulating cooperative to be proactive because their activities have significant influence on business growth among members of cooperative societies in Anambra State. Membership of cooperative should be touted and encouraged among non-members to enable them benefit from entrepreneurial knowledge and skills (entrepreneurial behaviour, dynamics of business, and its development and expansion) via structured training programmes on the platform of cooperative.

Entrepreneurship Development, Cooperative Societies, Financial Intermediation, Business Culture, Extension Services, Cooperative Membership


IJTSRD47563
Volume-5 | Issue-6, October 2021
1017-1023
IJTSRD | www.ijtsrd.com | E-ISSN 2456-6470
Copyright © 2019 by author(s) and International Journal of Trend in Scientific Research and Development Journal. This is an Open Access article distributed under the terms of the Creative Commons Attribution License (CC BY 4.0) (http://creativecommons.org/licenses/by/4.0)

International Journal of Trend in Scientific Research and Development - IJTSRD having online ISSN 2456-6470. IJTSRD is a leading Open Access, Peer-Reviewed International Journal which provides rapid publication of your research articles and aims to promote the theory and practice along with knowledge sharing between researchers, developers, engineers, students, and practitioners working in and around the world in many areas like Sciences, Technology, Innovation, Engineering, Agriculture, Management and many more and it is recommended by all Universities, review articles and short communications in all subjects. IJTSRD running an International Journal who are proving quality publication of peer reviewed and refereed international journals from diverse fields that emphasizes new research, development and their applications. IJTSRD provides an online access to exchange your research work, technical notes & surveying results among professionals throughout the world in e-journals. IJTSRD is a fastest growing and dynamic professional organization. The aim of this organization is to provide access not only to world class research resources, but through its professionals aim to bring in a significant transformation in the real of open access journals and online publishing.

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