18-05-2012, 03:35 PM
Entrepreneurial developments and small scale industry contribution to Nigerian national development
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Entrepreneurship Thoughts and Philosophy in the Developing World
Entrepreneurship thought is concerned with all thoughts relating to the process of starting and operating business as well as getting results in modern enterprises by innovators through and with subordinates. Two major types of thoughts are evolutionary and comparative (contemporary) thoughts. Evolutionary thought details the general way of thinking characteristics of a particular period or class to date e.g. entrepreneurship development evolved from the universal thought through linear stages, systems and quantitative thought to the present day contingency thoughts (Tijani, 2004)
Evolved Entrepreneurship Thoughts in Nigeria- Traditional/Pre-colonial Thoughts
These are the indigenous reflected in birthplace, or community ways of life, beliefs, culture, sayings and heritage. All communities making up Nigeria such as the Egbas, Ijebus, Ekitis, Igalas, Kanuris, Ijaws, Edos, Hausas and Fulani etc have their own philosophical thoughts of business and management. Such thoughts cut across the processes of doings, behaviours, systems and contingencies. The thoughts are usually accepted by majority of the members of each community, transgressors are usually punished for violation of the general principles. In Nigeria, experts are agreed that such philosophical thoughts are preserved and transmitted via.
Colonial management thoughts
Colonialism is the thought or philosophy by which a mother country binds her colonies to herself by political ties with the primary object of promoting here own economic advantages. Imperialism on the other hand is the philosophy by which poor nations are tied to rich nations by agents or international capitalism such as multinational corporations, with the demise of colonialism. Both colonialism and imperialism are specific instances of self-centred imposition of the strong upon the weak. The former is political while the later is economic.
Post-Colonial Thoughts
These are post-independence thoughts of management. They also cut across the processes, function, behaviours, strategies, structures, tactics and situational variables. These components of post-colonial thoughts consists of both the pre-colonial and colonial thoughts denominated by the environmental exigencies and the stage of the development of the nation e.g. commercialisation, privatisation etc. This thought aligns itself with thoughts found elsewhere around the world, to form a unity of thought and to catch up with the modernity e.g. use of TQM, JIT, etc. Indigenous thoughts are getting rusted while post-colonial indigenous thoughts are not evolving.