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CONSTRUCTING AN INTELLECTUAL PROSPECT OF VENTURE MANAGEMENT PRACTICES

The practice of venture management has recorded success in the United States of America and India. This brought about the turn-around of businesses, both prospect and existing formal business operators in these nations. In the case of Nigeria, banks and other financial institutions have ended up providing advice to successful firms to acquire business organisation in distress and at times are the leaders in that particular industry, thus bringing about unemployment. It is of a note that entrepreneurs are the drivers of a nation’s economy irrespective of government practices. It is based on this premises that the relevance of transition from informal to formal entrepreneurship practices must occur for the existence of economic growth. To bridge this gap in literature, a comparative study on venture management practices and expected performance for practicing entrepreneurs in the informal and formal sector is required

https://eprints.lmu.edu.ng/id/eprint/2276