Exploring entrepreneurial theories in the study of Igbo business mentoring (NWA Boy), south-east Nigeria
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Over the years, studies have explored the expediency of entrepreneurship in
addressing social problems relating to unemployment, poverty, economic stagnation
and societal inability to attain national development in developing societies. To this end,
government of these nations seek to promote entrepreneurship as a means of
economic revitalization and sustainability mostly in rural areas. However, the success of
entrepreneurship in any country may depend on several factors that could be explained
theoretically. In social and behvioural sciences, theories have been constantly
employed to provide explanations to social life issues bothering mankind. This article
employed such theories to explain Igbo business mentoring (nwa boy) which most
entrepreneurs in South-East GeoPolitical Zone of Nigeria seem to have engaged in
establishing their businesses. These include: (i) Sociological Theory of
Entrepreneurship; (ii) Anthropological Entrepreneurship Theory; (iii) Opportunity-Based
Entrepreneurship Theory (iii) Resource-Based Entrepreneurship Theories; and (iv)The
Dreyfus Model of Skill Acquisition, among others. Historical data was used to examine
these theories in connection with the Igbo business mentoring (nwa boy) in order to
enrich the body of knowledge on the social life reality of its contributions to
entrepreneurial development in Nigeria. The importance of this effort is hinged on the
fact that none of these theories has hitherto been applied to the Igbo business
mentoring (nwa boy) in business and academic literature. The study concludes that the
understanding the 'nwa boy' mentoring concept in the light of these theories could
provide leverage for a successful entrepreneurial activities, mostly among youth. ©
2019 International Business Information Management Association (IBIMA).
Keywords
BF Psychology, H Social Sciences (General)