EXPLORING THE NEXUS BETWEEN ENTREPRENEURSHIP AND RURAL DEVELOPMENT IN ALOR-IDEMILI SOUTH LOCAL GOVERNMENT AREA OF ANAMBRA STATE, NIGERIA
Keywords:
Entrepreneurs, Entrepreneurship, Rural Development and Benefits Challenges.Abstract
The study explored the link between entrepreneurship and rural development in Alor,
Idemili, south local government area of Anambra State, Nigeria. To examine how the
benefits and challenges in entrepreneurship relate to and influence rural development. The
research design method used was the descriptive research of the survey type. The
population for the study was 1256 small and large-scale entrepreneurs in the study area, the
sampling technique used was random sampling methods, and 375 entrepreneurs from the
study area were used. The instrument was a 20 self-structured questionnaire titled
''Entrepreneurship and Rural Development’’. Face and content validity were done on the
instrument, while split-half reliability was applied to check the instrument's consistency. A
reliability coefficient of .89 was obtained. The study's findings revealed a significant
relationship between the benefits of entrepreneurship and rural development. There is a
positive relationship between the challenges in entrepreneurship and rural development in
the study area, with an r value of .175 and .151 at .05 level of significance. Based on the
findings, it was recommended, among others, that the government and community members
should not make the business community difficult for private investors to exist since they
need each other.