THE CONTRIBUTION OF INDUSTRIAL DEVELOPMENT CENTER TOWARDS SMALL SCALE INDUSTRIES

CHAPTER ONE

INTRODUCTION

1.1     BACKGROUND OF THE STUDY

The goal or desire of any nation is to achieve its economic growth and development. For the Nigeria government, employment provision for all and reasonable development of all localities are certainly not feasible within the limited government structures and establishment. The federal government therefore considers the active participation of the private sector especially at the grass root as the most viable means of achieving the development and job provisions. Hence, in its second and third national development plan, the federal government adopted the policy of giving active support to the promotion and development of small and medium enterprises on the country.

However, are would want to know what entrepreneurial development is all about. According to some writers, especially in the written work of H.O. Amaechina “entrepreneurship concept of small business management”, entrepreneur. So defined as the willingness and ability of an individual to seek out investment opportunities, establish and run the enterprise successfully. Thus entrepreneurship is associated with different kinds of activities that has to do with the establishment and operation of business enterprises. Such activities may include;   

i)     Identification of investment opportunities.

ii)    Deciding what opportunities to exploit for profit.

iii)   Promotion and establishment of the business enterprises.

iv)  Pooling of the various scarce resources needed for production and distribution of good and services.

v)    Organisation and management of the human and material resources for the attainment of the objectives of the enterprise, risk bearing and innovation.

On the other hand, entrepreneurial development can be described as the varied programme, and incentives provided by governments and non-governmental agencies aimed at training, promoting and encouraging entrepreneurs toward the attainment of maximum economic returns in any business ventures they embark on.

The importance of entrepreneurial development in the economy aids entrepreneurs to identify a profitability business and how to go about it. It makes the entrepreneur to be aware of how to locate a business. it creates awareness on the area of location and if it can affect their business. Infact, entrepreneurial development helps to avoid business failures.

The small business supports system such as National Directorate of Employment (NDE), Nigeria Bank for Commerce and Industry (NBCI), National Economic Reconstruction Fund (NERFUND), and Industrial Development Centre (IDC) are all set up to aid small scale business in the areas of finding development of managerial and technical skills.

Industrial Development Center as one of the small business support systems is set to provide technical services such as;

1     Technical advice and assistance regarding the selection of the right machinery, equipment and raw materials for the purpose of setting up the business.

2     Assistance in the installation and operation of the machinery.

3     On the job training of the artisans in handling of the machines.

4     Giving advice an assistance to small industrialists to improve the design and quality of their products.

1.2        STATEMENT OF THE PROBLEMS

It is a general assumption that small – scale business is imperative for nationalgrowth and development. It has been emphasized that Nigeria is entrepreneurial under-developed. 

There are other managerial services which include:

1     Training of proprietors and the supervisory staff of small and medium enterprises in modern management methods and practices.

2     Supply of economic information needed by prospective investors for making investment decisions.

3     Financial counseling

4     Organizing seminars and workshops.

5     Supply of industrial information

6     Feasibility studies and market surveys.

To what extent has this organisation (IDC) achieved these objectives in the support of small scale business is the focus of this research. 

1.3     PURPOSE OF STUDY

The nation is experiencing a lot of economic crises such as decline in business activities, unemployment inflation, and mostly the problem of retrenchment. The purpose of this study therefore is to asses the contribution of industrial development center towards the solving of the unemployment crises and the realization of self reliance on the economy.

1.4     RESEARCH QUESTIONS

1.    Is the performance of small – scale industries dependent on their training?

2.    What is your area of coverage?

3.    Does industrial development centre (IDC) Enugu have adequate facilities to cover its areas of operations?

1.5     HYPOTHESIS

Ho:     The performance of small – scale industrial is dependent on their training.

Hi:      Industrial development center, Enugu is having adequate coverage in its areas of operations.

1.6     SIGNIFICANCE OF THE STUDY

The importance of this study is to help small scale business entrepreneurs gain awareness into organisation and institution where they can gain aid in terms of finance, managerial and technical assistance in the attainment of successful business ventures.   

1.7     SCOPE OF THE STUDY

The research project is to cover the Industrial Development Center (IDC) Enugu, which falls under the Owerri industrial development center zone.

1.8     LIMITATION OF THE STUDY 

The research work has some literature as regards to time constraint, fiancé dearth of statistical information and secrecy/privacy.   

Time Constraints: The researcher did not reach to all information and places necessary for this research work as a result of limited time available for this research work.

Finance: Due to the shortage of financial with the economic hardship, the money needed by the researcher to finance the project was limited. 

Dearth of Statistical Tool: This research study was not sufficient due to improper record system of the board. There was also lack of research facilities from the libraries visited many of the textbooks in the library are absolute and current information needed for this research work are not enough.

Secrecy/Privacy: Some of the staff in industrial development center did not reveal of all information needed for this research because of far of losing their jobs.

1.9     OPERATIONAL DEFINITION OF TERMS

Entrepreneurial development: is defined as the various programme and incentives provided by governments and non-governmental agencies aimed at training, promoting and encouraging entrepreneurs towards the attainment of maximum returns on any business ventures carried out.

Entrepreneurship: Defined as the willingness and ability of an individual to seek out investment opportunities, establish and run an enterprise successfully.

Entrepreneur: Defined as an individual who is willing and able to take business risks for gainful poses.

Support system: Is defined as organisation or institution designed to give financial, managerial and technical support to small scale business.

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How To Write Chapter Three Of Your Research Project (Research Methodology)

  • Methodology In Research Paper


    Chapter three of the research project or the research methodology is another significant part of the research project writing. In developing the chapter three of the research project, you state the purpose of research, research method you wish to adopt, the instruments to be used, where you will collect your data, types of data collection, and how you collected it.

    This chapter explains the different methods to be used in the research project. Here you mention the procedures and strategies you will employ in the study such as research design, study design in research, research area (area of the study), the population of the study, etc. You also tell the reader your research design methods, why you chose a particular method, method of analysis, how you planned to analyze your data.

    Your methodology should be written in a simple language such that other researchers can follow the method and arrive at the same conclusion or findings.

    You can choose a survey design when you want to survey a particular location or behavior by administering instruments such as structured questionnaires, interviews, or experimental; if you intend manipulating some variables.

    The purpose of chapter three (research methodology) is to give an experienced investigator enough information to replicate the study. Some supervisors do not understand this and require students to write what is in effect, a textbook.

    A research design is used to structure the research and to show how all of the major parts of the research project, including the sample, measures, and methods of assignment, work together to address the central research questions in the study. The chapter three should begin with a paragraph reiterating the purpose of research. It is very important that before choosing design methods try and ask yourself the following questions: Will I generate enough information that will help me to solve the research problem by adopting this method?

    Method vs Methodology

    I think the most appropriate in methods versus methodology is to think in terms of their inter-connectedness and relationship between both. You should not beging thinking so much about research methods without thinking of developing a research methodology.

    Metodologia or methodology is the consideration of your research objectives and the most effective method and approach to meet those objectives. That is to say that methodology in research paper is the first step in planning a research project work.

    Design Methodology: Methodological Approach

    Example of methodology in research paper, you are attempting to identify the influence of personality on a road accident, you may wish to look at different personality types, you may also look at accident records from the FRSC, you may also wish to look at the personality of drivers that are accident victims, once you adopt this method, you are already doing a survey, and that becomes your metodologia or methodology.

    Your methodology should aim to provide you with the information to allow you to come to some conclusions about the personalities that are susceptible to a road accident or those personality types that are likely to have a road accident.

    The following subjects may or may not be in the order required by a particular institution of higher education, but all of the subjects constitute a defensible in metodologia or methodology chapter.

    Click here to complete this article - How To Write Chapter Three Of Your Research Project (Research Methodology)

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