Entrepreneurship development and socio-cultural factors among Tiv People of Benue State, Nigeria (original) (raw)

Abstract

Differences in value systems and cultural orientations towards entrepreneurship have been argued to affect entrepreneurship. The focus of this paper is on analysis of socio-cultural factors on entrepreneurship development among the Tiv people of Benue State, Nigeria. The researcher also examined the effect of family system, cultural values and festivities in affecting the development of entrepreneurship and emergence of entrepreneurs in Tiv land. In pursuit of the focus of this paper, it treats the concept of socio-cultural factors and entrepreneurship development. It also x-rays in detail the effect of extended family system, cultural values and festivities on entrepreneurship development. The study is based on review of previous empirical studies on the relationship between socio-cultural factors and entrepreneurship. The findings of this study indicated that the family system, cultural values and festivities have significant effect on the development of entrepreneurship in Tiv land, Benue State. The study concludes that socio-cultural factors affect entrepreneurship development in Benue State. The study recommends that government should put in place an education policy that educate the citizenry on the cultural factors that are found to be anti-entrepreneurial, parents and children in Tiv land should develop a new set of positive values that attract and facilitate entrepreneurship development in the state, and entrepreneurs in Tiv land should be aware of the multiple influencing factors in the State and develop the ability to correctly gauge opportunities.