8 Asymmetric impact of financial market development on entrepreneurship in Nigeria
Hyeladi Stanley Dibal, Akuraun Shadrach Iyortsuun and Habila Abel Haruna
1. Introduction
Entrepreneurship has been advocated as the framework for the fostering of innovation and production and the promotion of employment, economic prosperity and wealth creation and redistribution (Ahmad & Hoffman, 2007). Right from the time Richard Cantillon coined the term in 1755, policymakers, politicians and researchers have attempted to understand the antecedents and consequences of the phenomenon. However, the multifaceted nature (Iverson et al., 2008) of entrepreneurship has bifurcated the field, hindering generalized policy prescriptions ...
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