Entrepreneurship andBusiness Environment

A business environment is all the components that affect a business. These include

both internal factors, like employees and resources, and external factors, like

customers and markets. Each of these contributes to a company's working

environment and can influence how the business functions. Entrepreneurship

supports economic growth and development through market innovations and

there is a bi-directional relationship between entrepreneurship and economic

growth and development. Key constraints include the cost of starting a business

and minimum paid-in capital requirements, with women entrepreneurs facing

additional hurdles. Moreover, most of Africa's entrepreneurs are “necessity

driven” rather than “opportunity-driven”. Environmental factors in business are

the conditions that exist in a business environment. The major environmental

factors in business are technological factors, economic factors, social factors,

political factors, and cultural factors.

This book brings together, the ideas of different Scholars, Practitioners, and

Authorities concerning the subject ma􀄴er, Entrepreneurship and Business

Environment. There are 14 chapters which were jointly contributed by 26 scholars

in the field with the range of title such as Corporate Social Responsibility and

Business Performance of Promasidor Nigeria Limited; Globalisation,

Government Support and Entrepreneurial Development in Nigeria; Digital

Marketing Skills Acquisition and Self-Reliance of Youths in Lagos Mainland Local

Government Area of Lagos State; Social Capital and Entrepreneurial Intention;

Strategic Flexibility and SME Performance during Economic Crisis in Nigeria

Empolyees' Welfare, Industrial Accident and Safety in a Manufacturing Company

in Nigeria; Microfinance Institutions and Social Entrepreneurship among Small

and Medium Scale Enterprises in Ibadan, Nigeria; Impact of Government Policy

on the Growth of Small and Medium Scale Business in Nigeria; Indices for

Determining Economic Viability of Investments in Nigeria; Green Marketing

Practices and Business Environment in Nigeria; Entrepreneurship Development

and its Impact on Poverty Alleviation in Nigeria; Human Resource Management

and Employees' Job Performance; Developmental Values of Street Trading in the

Growth of Nigeria Economy; andBusiness Angel Model in Financing Small and

Medium Businesses South West Nigeria. This edited book is an addition to the

frontiers of knowledge in business and entrepreneurship. Scholars, Practitioners,

and Authorities will find the contents useful, and it is also recommended for all

postgraduate students in the field of business and entrepreneurship.

Professor Godwin Emmanuel Oyedokun

Associate Professor Joshua Adewale Adejuwon