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. 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, URL: https://www.ijtsrd.com/papers/ijtsrd47563.pdf Paper URL : https://www.ijtsrd.com/management/other/47563/determinants-of-entrepreneurship-development-among-members-of-cooperative-societies-in-anambra-state-nigeria/anigbogu-theresa-ukamaka
International Journal of Trend in Scientific Research and Development (IJTSRD)
Volume 5 Issue 6, September-October 2021 Available Online: www.ijtsrd.com e-ISSN: 2456 – 6470
@ IJTSRD | Unique Paper ID – IJTSRD47563 | Volume – 5 | Issue – 6 | Sep-Oct 2021
Page 1017
Determinants of Entrepreneurship Development among Members
of Cooperative Societies in Anambra State, Nigeria
Anigbogu, Theresa Ukamaka (Ph.D), Ezeabikwa, Anurika Joan
Department of Cooperative Economics and Management, Nnamdi Azikiwe University (NAU), Awka, Nigeria
ABSTRACT
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