115 research outputs found
Entrepreneurship: a case study of foreigners in Kajaani
No full textABSTRACT
Author: Jeremiah Oludayo Ogundipe
Degree Title: Bachelor of Business Administration
Keywords: entrepreneurship, foreign entrepreneurship, foreigners, Kajaani, Finland
As the foreign population of Finland continues to grow, so does entrepreneurship among foreigners. Several factors contribute to growing foreign entrepreneurship in Finland, such as economic, political, as well as social-cultural issues. Finland is deemed to be on the upper side of entrepreneurial activities, according to the Global Entrepreneurship Monitor Finland report (2011). Finland is an innovative country that ranks fourth in the world in terms of global competitiveness.
This thesis investigates foreign entrepreneurship in Finland with a focus on Kajaani, the largest town in the region of Kainuu and the 31st largest in Finland with over 30,000 residents.
For foreign entrepreneurship in Finland, there are opportunities, as there are challenges, rules, regulations, and procedures. This thesis aims to research the intricacies of entrepreneurship in Finland and Kajaani by foreigners, focusing on issues such as challenges, opportunities, market considerations, government policies, rules and regulations, and other aspects of entrepreneurship in Finland that foreigners must be aware of. The objective is to describe the factors that foreigners must take into account when considering entrepreneurship in Kajaani.
The research was conducted using five different viewpoints on entrepreneurship which include motivation/drive to startup a business, challenges, support from the government for foreign entrepreneurs, overcoming the challenges and difficulties faced in a startup such as rules and regulations, market information, and trends, economic factors and others, and advice to encourage other foreign entrepreneurs hoping to start companies in Kajaani. The semi-structured approach was used to collect qualitative data from foreign entrepreneurs/business owners in the food business in Kajaani
Effect of Asset Quality on Non-Interest Income of Deposit Money Banks in Nigeria.
No full textAdeyemi, Ogundipe;Abimbola, Cole; Folorunsho, Akande; & Olukayode, Fasol
Is Aid Really Dead? Evidences from Sub-Saharan Africa
No full textThis study examined the relationship between foreign aid and economic development in Sub Saharan Africa. The study seeks to examine the role of institutions in aid effectiveness in SSA countries by adopting a theoretical framework similar to the Endogenous/New Growth model and the System Generalized Method of Moments (GMM) technique of estimation in order to overcome the challenge of endogeneity perceived in the institution variables and Aid-Growth argument. It was observed that foreign aid does not significantly influenced Real GDP Per Capita in Sub-Saharan Africa, even after controlling for adequate rule of law and sound public institutions. In the same manner; capital stock, rule of law, control of corruption and Human capital enhanced economic performance while foreign aid failed to contribute meaningfully to economic development in SSA Countries
Oil Price and Exchange Rate Volatility in Nigeria
No full textNigeria being a mono-product economy, where the main export commodity is crude oil, changes in oil prices has implications for the Nigerian economy and, in particular, exchange rate movements. The latter is mostly important due to the double dilemma of being an oil exporting and oil-importing country, a situation that emerged in the last decade. The study examined the effects of oil price, external reserves and interest rate on exchange rate volatility in Nigeria using annual data covering the period 1970 to 2011. The theoretical framework of this study is based on Generalized Autoregressive Conditional Heteroskedasity modeled by Tim Bolerslev (1986) and Exponential General Autoregressive Conditional heteroskedastic modeled by Daniel Nelson (1991). These models were used to estimate the relationship between oil price changes and exchange rate. Relevant descriptive and econometric analyses were employed. The econometric tests adopted include the unit root tests, Johansen co-integration technique and the Vector Error Correction Model (VECM); the time series property examined shows that all the variables were stationary at first difference. The long run relationship among the variables was determined using the Johansen Co-integration technique while the vector correction mechanism was used to examine the speed of adjustment of the variables from the short run dynamics to the long run. It was observed that a proportionate change in oil price leads to a more than proportionate change in exchange rate volatility in Nigeria; which implies that exchange rate is susceptible to changes in oil price. The study therefore recommend that the Nigeria government should diversify from the Oil sector to other sectors of the economy so that Crude oil will no longer be the mainstay of the economy and frequent changes in crude oil price will not influence exchange rate volatility significantly in Nigeria
Factors associated with anxiety disorders among HIV-positive attendees of an HIV clinic in Lagos, Nigeria
No full textAnxiety disorders (ADs) occurring in people living with HIV/AIDS (PLWHA) are often poorly identified in spite of the untold consequences that may result if not diagnosed and treated promptly. This study aimed to describe factors associated with ADs among PLWHA. Three hundred participants were administered sociodemographic/clinical profile questionnaires, and diagnoses of ADs were made using Schedule for Clinical Assessment in Neuropsychiatry (SCAN) based on International Classification of Diseases, 10th edition (ICD-10) criteria. In this study, 65 (21.7%) participants were diagnosed with ADs. A lack of family support, unemployment, younger mean age and being unmarried (P < 0.05) were factors associated with ADs in PLWHA; however, lack of family support (odds ratio [OR] = 0.458, 95% confidence interval [CI] = 0.254-0.827, P = 0.010), being unmarried (OR = 1.930, 95% CI = 1.046-3.560, P = 0.035) and unemployment (OR = 0.495, 95% CI = 0.264-0.926, P = 0.028) were the only factors that remained significant following logistic regression analysis. Prompt identification with active management of ADs and their associated factors among PLWHA are advocated. Further research on the risk factors for ADs is also warranted.A. T. Olagunju, J. D. Adeyemi, A. R. Erinfolami, O. A. Ogundip
An Assessment of the State of Environmental Management in Nigerian Capital Cities
No full textIt has been observed that daily interaction of millions of Nigerian population estimated at 186.5
million by Population Reference Bureau (PRB) with their immediate environment have serious
implications on the landscape, environmental aesthetics and atmospheric well-being. Urban
decadence, proliferation of slums, deforestation, congestion and all forms of pollution are some of
the resultant effects of man’s interaction with his environment which results in adverse effects on
Nigeria major cities. Increased industrial activities have engendered more carbon emission in the
country, which it is estimated at 26.1 million tons per annum, the fourth highest in Africa. This paper
examines the state of environmental management in the state capital cities of Nigeria in the light of
five research-proven indicators of environment-friendly cities. The paper applies qualitative method
using the indicators to examine which state capital is really environment-friendly out of the thirty
seven (37) in Nigeria, including the Federal Capital Territory (FCT), Abuja. Results show that only
five (5) state capitals out of the thirty seven (37) in Nigeria can be referred to as being environmentfriendly.
The study outlines notable recommendations capable of stimulating the attention and
enhancing the efforts of less environment sensitive cities in adopting global best practices
Income Heterogeneity and Environmental Kuznets Curve in Africa
No full textThe Environmental Kuznets Curve (EKC) hypothesis asserts that pollution levels rises as a country develops, but reaches a certain threshold where pollution begins to fall with increasing income. In EKC analysis, the relationship between environmental degradation and income is usually expressed as a quadratic function with turning point occurring at a maximum pollution level. The study seeks to examine the pattern and nature of EKC in Africa and major income groups according to World Bank classification comprising low income, lower middle income and upper middle income in Africa. In ensuring the robustness of our study; the paper proceeded by ascertaining the nature of EKC in all fifty-three countries of Africa in order to confirm the results obtained from basic and augmented EKC model. The study could not validate EKC hypothesis in Africa (combined), low income and upper middle income but empirical and analytical evidences supports the existence of EKC in lower middle income countries. Likewise, evidences from the robustness checks confirmed the findings from the basic and augmented EKC model. The study could not attain a reasonable turning point as there are evidences that Africa could be turning on the EKC at lower levels of income. Also, there is need to strengthen institutions in order to enforce policies that prohibits environmental pollution and ensure pro-poor development
Energy Access: Pathway to Attaining Sustainable Development in Africa
No full textThe study assesses the effect of energy use on social, economic and environmental sustainability in Africa. The energy sources considered in the study comprises four prominent sources in Africa, including: fossil fuel, solid fuel, electricity and natural gas consumption. The finding suggests that fossil fuel consumption and solid fuel constitute about 75 percent of energy use in the region and contributively worsen social and environmental conditions. The predominant consumption of these dirty energies has severely hampered child and adult survival and efficient delivery of services. Also, the time wasted in fetching biomass has constituted an impediment to learning capacities in children and women's mobility. In the same manner, frequent exposure to fumes from the dirty energy sources had resulted in severe indoor air pollution and rising incidence of pneumonia, lung cancer and chronic obstructive pulmonary diseases in women and children. On the other hand, the empirical and conceptual analysis shows that access to clean and reliable energy sources (such as electricity) reduce time poverty, enhance gender empowerment and reduce environmental degradation. The study recommends structural policy reforms and transformation towards decentralizing energy provisions and adopting off-grid power solution to rural areas. Furthermore, African governments need to develop a sustainable energy financing mechanism through an affordable pricing template; this can be achieved by increasing local contents in energy provision and increasing the share of abundant domestic resource in energy mix.
Keywords: Energy Access, Structural transformation, Sustainable Development, Africa
JEL Classifications: Q43, K32, Q01
DOI: https://doi.org/10.32479/ijeep.721
The Nigerian third national development plan 1975-80: a speculative historical analysis of the relationship between planning and the level of stability., 1977
No full textElectricity Consumption and Economic Development in Nigeria
No full textThe study examines the relationship between electricity consumption and economic development using an extended neoclassical model for the period 1970-2013. The study incorporates the uniqueness of the Nigerian economy by controlling for the role of institutions, technology, emissions, and economic structure in the electricity consumption-development argument. The study adopted a cointegration analysis based on the Johansen and Juselius (1981) Maximum Likelihood approach and a vector error correction model. In order to ensure robustness, the study adopted the Wald Block Endogeneity causality test to ascertain the direction of causal relationship between electricity consumption and economic development. The study found an existence of long-run cointegration equation with electricity consumption inversely related to economic development. Likewise, the vector error correction model failed to reject the null hypothesis of non-convergence in the long-run. Finally, the study found evidence supporting unidirectional causal relationship running from economic development to electricity consumption.
Keywords: Electricity Consumption, Economic Development, Cointegration, Causality
JEL Classification: L94, O1, N1
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