Entrepreneurial and Small Business Operations Commons^™

Unemployment: Concepts And Issues., Englama A.

Bullion

The issue of persistent unemployment and overall manpower planning and utilization poses a great challenge to policy planners, human resources experts, and persons debating with employment programmed planning and implementation. Based on the experience of the NDE at promoting financial support for graduate employment promotion, there is a need for a sensitization programmed for public/commercial banks and other institutions on the need for lending to small and micro enterprises. This paper has examined Past policy measures for solving unemployment problems. There is strong need for institutional collaboration and improved coordination of policy measures for dealing with unemployment. It is evident …

Restructuring The Educational System As A Long-Term Solution To The Unemployment Problem In Nigeria., Abraham B. Borishade

Bullion

The educational process, formal or informal consciously created, represents an essential investment necessary for industrialization; such education must be planned to fit the needs of a changing society so that as the Urban complex grows and demands expand. Education is the key with which to unlock the economic potential of the people. In contemporary developing countries, there is an incongruous relationship between education and their economies. This is reflected in the rising pool of the phenomenon of educated unemployed more than ever before. This paper examines the increasing problem associated with unemployment in Nigeria. The author conclude that It is …

Evaluation Of Past Policy Measures For Solving Unemployment Problems., Nicholas A. Damachi

Bullion

The issue of persistent unemployment and overall manpower planning and utilization poses a great challenge to policy planners, human resources experts, and persons dealing with employment programmed planning and implementation. This paper undertakes a review and evaluation of the past policy measures that have been adopted to solve unemployment problems in the county. There is strong need for institutional collaboration and improved coordination of policy measures for dealing with unemployment. This paper has examined Past policy measures for solving unemployment problems. There is strong need for institutional collaboration and improved coordination of policy measures for dealing with unemployment. While there …

Off-Shore Borrowing And Guarantees By Banks: Implication For Portfolio Management., C. C. Edordu

Bullion

The subject I have been asked to reflect on is important and somewhat provocative given the potential significance of foreign capital in the development process and the implied doubt the topic raises about the capacity of banks to manage their portfolios on accessing external finance. With regard to financing tenors, it is pertinent to point out that the tenor of liabilities of most banks in Nigeria and Africa is short. The paper has focused on the various discussions about the conditions for good governance, which raises questions about the structure and functioning of the state, its relationship to society and …

Setting Up The Books: A Forest Owner's Guide To Capital Accounts And Record-Keeping For Federal Income, The University Of Tennessee Agricultural Extension Service

Financial Management

Forest owners have a number of federal income tax incentives available to them. Growing timber can 2 be an income-producing activity, with the trees being considered a capital asset. Income from sales or other disposition of capital assets is then taxed at capital gains rates, as opposed to ordinary income tax rates. Investments in timber can be recovered through depletion deductions and reforestation expenses, qualifying for a tax credit. These provisions and others in the tax code encourage timber production, which is generally considered to be good for both the ecology and the economy. This publication will assist you …

Trends In The Market For Entrepreneurship Faculty, 1989-1998, Todd A. Finkle, David L. Deeds

Todd A Finkle

The Financing Of Smal Firms: Different Continents, The Same Problems?, Grahame Boocock, Ismail A. Wahab

New England Journal of Entrepreneurship

This article compares the experiences of small firms in the U.K. and Malaysia and assesses whether public and private sector financial initiatives in the two countries have reduced the existence of the "finance gap" thought to prevail in both.

The Role Of Development Finance Institutions (Dfis) In The Financing Of Small-Scale Industries (Ssis)., O. E. Essien

Bullion

The post-independence Nigerian government adopted the import-substitution large-scale industrialisation strategy to accelerate the country's industrial development. Industrial output as well as industry's contribution to the gross domestic product (GDP) declined in the face of the strong national aspiration for the restructuring of the economy and reduction of the dependence on petroleum. Small and medium scale industries have since become the focus of national industrial policy. ln order to put our discussion into proper perspective, we need to know what we mean by SSls in the Nigerian context. The following are the current official definitions of industrial enterprises adopted by the …

Financial Small-Scale Business Under The New Cbn Directive And Its Likely Impact On Industrial Growth Of The Nigerian Economy., O. J. Nnanna

Bullion

This examines the prospects of the current drive to ensure efficient and sustainable credit delivery system to the SSls. The rest of the paper is divided into three broad sections. The first section reviews and appraises past financing programmes / schemes, highlighting the major constraints on their performance. The current initiative of the Bankers' Committee is discussed in section two, focusing on its likely impact and underscoring the needed complementary policy measures. Section three summa-rises and concludes the paper.

Institutional And Other Constraints To Non-Oil Exports., R. O. Madaki

Bullion

This paper examines the non-oil exports sector in Nigeria which had witnessed a lacklustre performance despite the several statements of government's interest in export-biased growth strategy and the establishment of several export facilitating institutions. The paper further observes that a major problem with Nigeria's non-oil export sector is that it is not predicated on the design and implementation of appropriate and coherent economic policies as there is no clear export promotion blue print in Nigeria. Consequently, the sector is facing a number of institutional and other domestic and external problems. The remaining part of the paper briefly highlight some of …

Non-Oil Exports Promotion. Concepts, Issues And Prospects., Kola D.

Bullion

The most recent data available on the structure of the Nigerian ^ economy are those for year 2000, which reflect the current structure and the main features of the economy. (see Annex 1) They indicate that the agricultural sector accounted for 41 .5o/o of the nation's GDP, while manufacturing contributed 5.95%, finance and insurance, 9.59%, crude petroleum, 10.42%, wholesale and retail trade, 11.58%, and government services 9.35%. It is a well-known fact that primary non-oil products dominated Nigeria's export trade and formed the bedrock of her economy in pre and immediate post-independence era. The issues discussed include the definition of …

Financing And Promoting Small-Scale Industries. Concept, Issues And Prospects., C. M. Anyanwu

Bullion

The importance of small-scale industries in promoting industrialization and economic growth has been recognized globally. This paper discusses the concepts and issues that are associated with the financing and promoting of small scale industries. Nigeria is blessed with vast natural resources, including oil, gas and solid minerals, already confirmed to exist in commercial quantities. Small-scale industries development can be used for achieving the objectives of the poverty alleviation programme of the Government, given that they are highly labour intensive. Nigeria is blessed with vast natural resources, including oil, gas and solid minerals, already confirmed to exist in commercial quantities. She …

Creating An Enabling Environment For Small-Scale Industries., K. M. Obitayo

Bullion

This paper explores how to create enabling environment for the development of small-scale industries (SSIs) which are globally noted for their immense contributions to development process and as engine of economic growth. The rest of the paper is divided into five sections. Section ll reviews the definition of SSls and highlights some relevant economic significance of SSls, Section lll reflects government's past efforts in supporting the developments of SSIs in Nigeria. Section lV discusses SSls constraints while Section V dwells on the key policy issues for creating an enabling environment for SSls. Finally, Section Vl, provides the concluding remarks and …

Entrepreneurs At Sea: Tom And Anne Foley, Tom Foley, Anne Foley

New England Journal of Entrepreneurship

NEJE interviews Tom and Anne Foley, owners of a small, private, upscale charter operation

Economic Value Added (Eva) And The Valuation Of Small Businesses, Michael F. Spivey, Jeffrey J. Mcmillan

New England Journal of Entrepreneurship

This article presents an overview of the standard asset, market, and income valuation methods generally used to estimate the value of small businesses.

A Force In Men's Fashion: Joseph Abboud, Joseph Abboud

New England Journal of Entrepreneurship

NEJE interviews Joseph Abboud, chairman emeritus and creative director of the J.A. Apparel Corporation

New Venture Planning Using Advanced Information Systems Support, Dorothy Dologite, Robert Mockler, Marc Gartenfeld

New England Journal of Entrepreneurship

This article describes a research project answering the question "Can advanced information systems, such as expert knowledge-based systems help in business strategy formulation?"

Coping With Growth Transitions: The Case Of Chinese Family Businesses In Singapore, Wee-Liang Tan, Siew Tong Fock

Research Collection Lee Kong Chian School Of Business

Families control more than half of the corporations in East Asia. The contribution of family businesses to Asia's economic growth is predicated upon successfully growing their businesses. Many family businesses in East Asia, spanning countries such as Taiwan, Hong Kong, Indonesia, Singapore, and Malaysia, are Chinese owned and managed. Some claim that these businesses will never develop into full-fledged multinational enterprises because of their cultural heritage (Redding, 1990). However, some Chinese family businesses have successfully made the transition.This paper presents an in-depth study of five Chinese family businesses in Singapore that have successfully made the transition in growth and size …

Cultural And Socioeconomic Determinants Of Invention: A Multicountry, Multiperiod Analysis, Moshin Habib, Joseph Coombs

New England Journal of Entrepreneurship

This article examines the influence of culture and socioeconomic variables on national invention.

Revisiting Shapero: A Taxonomy Of Entrepreneurial Typologies, Truls Erickson

New England Journal of Entrepreneurship

Entrepreneurs' cognitive and behavioral ability to align their behavior with entrepreneurial opportunities is the fundamental mechanism to entrepreneurial supply.

Export Planning And Performance: An Organizational Culture Perspective On Small Firms, Philip D. Olson, Newell Gough

New England Journal of Entrepreneurship

Sample results indicate that significant relationships exist between export planning values and practices, and between the planning practice of using advisors and export performance.

On The Logic Of Business Plan Composition, Jeff Trailer, Chester Wolford

New England Journal of Entrepreneurship

This article presents examples for improving the effectiveness of business plans by focusing on the logical structure of their composition.

Out On A Limb - And Thriving: Neje Interviews Robert Seliger, Robert Seliger

New England Journal of Entrepreneurship

NEJE interviews Robert Seliger, CEO of Sentillion

Human Resource Management Issues As A Small Business Grows, Jack L. Howard

New England Journal of Entrepreneurship

This article attempts to behin to assess the issues facing small businesses, and how human resource management can be integrated as a small business grows.

Who Moved My Cheese?, Matthew H. Roy

New England Journal of Entrepreneurship

Matthew H. Roy reviews Spencer Johnson's Who Moved My Cheese?

Which Accounting Methods For Small Construction Contractors Are Allowed For Tax Purposes? Which Is Best? A Decision Heuristic Helps Choose, Jeffrey N. Barnes, Katherine Black

Mountain Plains Journal of Business and Technology

Many tax preparers still have difficulty determining and properly communicating the allowable tax accounting methods and bookkeeping procedures needed for small construction contractors, especially those having partially completed contracts at year-end. For many small construction contractors, the Internal Revenue Code is confusing and even court opinions give mixed signals as to which accounting method is permissible. This paper provides a discussion on the allowable methods of tax accounting and provides a decision heuristic to simplify the choice of allowable methods. The paper also offers suggestions about bookkeeping procedures.

High Flying To Tailspin: Otto E. Szekely And His Troubled Aircraft And Engine Company, Geoffrey D. Reynolds

Faculty Publications

Otto E. Szekely and His Troubled Aircraft and Engine Company is an article concering Hungarian native Otto E. Szekely and his short success as a builder of Flying Dutchman aircraft and Szekely aicraft engines in Holland, Michigan, from the 1920s to the 1930s.

The Image Of Paul Robeson:Role Model For The Student And Athlete, Keith Harrison

Dr. C. Keith Harrison

No abstract provided.

Us Manufacturing Extension Partnerships: Technology Policy Reinvented, Philip Shapira

Philip Shapira

The US manufacturing extension partnership (MEP) is examined as an example of the new partnership paradigm in US technology policy. The MEP provides technology assistance services, particularly for small and medium-sized enterprises. Influenced by aims to reinvent government and reorient technology policy, the MEP seeks to be comprehensive, collaborative, and demand-driven. However, the MEP’s partnered management style is constrained by political and industrial systems that continue to operate on traditional lines. After probing these tensions, the paper offers insights for the MEP’s future development and for other technology and innovation policies that seek to emulate the MEP’s partnership approach.

Cultural Entrepreneurship: Stories, Legitimacy And The Acquisition Of Resources., Michael Lounsbury, Mary Ann Glynn

michael lounsbury

We define cultural entrepreneurship as the process of storytelling that mediates between extant stocks of entrepreneurial resources and subsequent capital acquisition and wealth creation. We propose a framework that focuses on how entrepreneurial stories facilitate the crafting of a new venture identity that serves as a touchstone upon which legitimacy may be conferred by investors, competitors, and consumers, opening up access to new capital and market opportunities. Stories help create competitive advantage for entrepreneurs through focal content shaped by two key forms of entrepreneurial capital: firm-specific resource capital and industry-level institutional capital. We illustrate our ideas with anecdotal entrepreneurial stories …