Nile University of Nigeria Entrepreneurship & Innovation (ENT 211) PDF

NILE UNIVERSITY OF NIGERIA UNDERGRADUATE PROGRAMME GENERAL STUDIES ENTREPRENEURSHI & INNOVATION (ENT 211) BY DR. YUSUF SALAMI October 2024  Definition of Theory A theory is a set of propositions that account for or explain certain phenomena or patter...

NILE UNIVERSITY OF NIGERIA UNDERGRADUATE PROGRAMME GENERAL STUDIES ENTREPRENEURSHI & INNOVATION (ENT 211) BY DR. YUSUF SALAMI October 2024  Definition of Theory A theory is a set of propositions that account for or explain certain phenomena or patterns of relationships among people, things or objects (Nworgu, 2015). It is a system for providing explanations about phenomena. Igbokwe (2018) defines a theory as 'a set of interrelated constructs (concepts), definitions and propositions that present a systematic view of phenomena by specifying relationships among variables to explain and predict phenomena'. It is a set of principles on which the conception of action is built.  Economic theory of entrepreneurship Sociological theory of entrepreneurship Psychological theory of entrepreneurship Theories of Entrepreneurship Opportunity External factor theory of theory of entrepreneurship entrepreneurship  export promotion programs Free market policies lifted tariff barriers Economic theory of exchange rate entrepreneurship policy Low interest rates for Low exporters Inflation rate  need for achievement Psychological theory of entrepreneurship Perceptions Attitudes  Social beliefs, customs, and taboos Sociological Theory of Entrepreneurship Social acceptance and social status of entrepreneurs Social attitudes  Politics Technology Government Policies External Factor Theory of Entrepreneurship Natural Causes Local & global Wars  Opportunity theory of entrepreneurship ADAPTI NILE UNIVERSITY OF NIGERIA