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This paper examined the business education as a panacea for growth of SMEs and national development. The study basically assessed the relationship between SMEs and employment creation as a driving tool for national development as well as the role of business education in national growth and development. The study found that SMEs proffer solution to the lingering problem of poverty and unemployment, while business education plays a vital role in national development in areas of employment generation, industrial development, entrepreneurship strategy, and poverty reduction, promotion of the Nigeria economy, culture and value. The study identified unqualified teachers, obsolete technologies, the size of business classes and poor funding as main challenges of business education and recommended that government should properly and adequately fund business education through increased budgetary allocation and made compulsory at all levels of education with the use of appropriate technologies.
Amuchie A. Austine. 2018. \u201cBusiness Education a Panacea for Growth of Small and Medium Enterprise and National Development in Nigeria\u201d. Global Journal of Management and Business Research - A: Administration & Management GJMBR-A Volume 18 (GJMBR Volume 18 Issue A12): .
Crossref Journal DOI 10.17406/GJMBR
Print ISSN 0975-5853
e-ISSN 2249-4588
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Total Score: 102
Country: Nigeria
Subject: Global Journal of Management and Business Research - A: Administration & Management
Authors: Amuchie A. Austine, Matsayi L. Aji (PhD/Dr. count: 0)
View Count (all-time): 163
Total Views (Real + Logic): 2961
Total Downloads (simulated): 1440
Publish Date: 2018 12, Mon
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This paper examined the business education as a panacea for growth of SMEs and national development. The study basically assessed the relationship between SMEs and employment creation as a driving tool for national development as well as the role of business education in national growth and development. The study found that SMEs proffer solution to the lingering problem of poverty and unemployment, while business education plays a vital role in national development in areas of employment generation, industrial development, entrepreneurship strategy, and poverty reduction, promotion of the Nigeria economy, culture and value. The study identified unqualified teachers, obsolete technologies, the size of business classes and poor funding as main challenges of business education and recommended that government should properly and adequately fund business education through increased budgetary allocation and made compulsory at all levels of education with the use of appropriate technologies.
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