Research, Innovation, and Entrepreneurship: Special Nexus for Employment Opportunities and Engineering Advancement in Nigeria

Open Access

Year : 2021 | Volume : | Issue : 1 | Page : 12-19

    Oluwadare Joshua Oyebode

  1. Lecturer, Afe Babalola University, Ekiti State, Nigeria


In view of creating employment opportunities and outcome-based education, the impact of nexus of research, innovation, and entrepreneurship cannot be undermined in developed and developing countries. A lot of researches and innovations have been done without adequate links for employment opportunities and a better pedestal for entrepreneurship. This calls for urgent attention and intervention of governments, stakeholders, consultants, engineers, and entrepreneurs. This paper assessed the current trends and multi-faceted problems in research and innovation for improved employment opportunities and entrepreneurship. A reconnaissance survey was conducted on selected engineering research and innovative work. The interview was done in some industries, engineering projects, construction companies, and consultancy firms. This study also looked into the challenges and prospects
of this special nexus for engineering advancement in Nigeria. Results show that the integration of research with innovation and entrepreneurship in Nigeria is not up to the standard requirements for economic growth. Major constraints to entrepreneurs include lack of information of current research, lack of funds, preferential treatment, and fear of liquidation, unhealthy competition among entrepreneurs, socio-economic impact, and government policies. It has been concluded that employment opportunities and sustainable development can be achieved through functional synergy among researchers, innovators, and entrepreneurs. Recommendations were made based on the issues discussed which include the establishment of industrial parks, healthy academia and industrial relationship, excellent government policies for entrepreneurship, national growth, and many other financial gains.
There is no doubt that this study has great potential in addressing financial problems and issues regarding employment opportunities, economic growth, and engineering advancement in Nigeria.

Keywords: Advancement, employment, entrepreneurship, innovation, multi-faceted

[This article belongs to NOLEGEIN Journal of Entrepreneurship Planning, Development and Management(njepdm)]

How to cite this article: Oluwadare Joshua Oyebode Research, Innovation, and Entrepreneurship: Special Nexus for Employment Opportunities and Engineering Advancement in Nigeria njepdm 2021; 4:12-19
How to cite this URL: Oluwadare Joshua Oyebode Research, Innovation, and Entrepreneurship: Special Nexus for Employment Opportunities and Engineering Advancement in Nigeria njepdm 2021 {cited 2021 May 30};4:12-19. Available from:

Full Text PDF Download

Browse Figures


1. Abubakar HA. Entrepreneurship development and financial literacy in Africa. World Journal of Entrepreneurship Management and Sustainable Development. 2015; 11(4): 281–294.
2. Chiri N, Quaye D. An assessment of entrepreneurial disposition and culture in Sub-Saharan Africa: Some lessons from Ghana. Journal of Developmental Entrepreneurship. 2018; 23(1).
3. Akpomi ME. Achieving millennium development goals (MDGs) through teaching entrepreneurship education in Nigeria higher education institutions (HEIs). European Journal of Social Sciences. 2009; 8(1): 154–157.
4. Benzing C, HM Chu, O Kara. Entrepreneurs in Turkey: A factor analysis of motivations, success factors, and problems. Journal of Small Business Management. 2009; 47(1): 58–91.
5. Carayannis E, Grigoroudis E. Linking innovation, productivity, and competitiveness: Implications for policy and practice. Journal of Technology Transfer. 2012; 39(2): 199–218.
6. Chu HM, C Benzing, C McCree. Ghanaian and Kenyan Entrepreneurs: A comparative analysis of their motivations, success characteristics & problems. Journal of Development Entrepreneurship. Sep. 2007; 12(3): 295–322.
7. Cohen B. Sustainable valley entrepreneurial ecosystems. Business Strategy and the Environment. 2006; 15(1): 1–14.
8. Colin A. Knowledge management and process performance. Journal of Knowledge Management. 1999; 3(2): 143–154.
9. J Darroch. Knowledge management, innovation and firm performance. Journal of Knowledge Management. 2005; 9(3): 101–115. 10. Dzogbenuku RK, Keelson SA. Marketing and entrepreneurial success in emerging markets: the nexus. Asia Pacific Journal of Innovation and Entrepreneurship. 2019; 13(2). 11. Fortunato MW, Alter T. Community entrepreneurship development: an introduction. Community Development. 2015; 46(5): 444–455.
12. Galperin BL, Melyoki LL. Tanzania as an emerging entrepreneurial ecosystem: Prospects and challenges. African Entrepreneurship: Challenges and opportunities for doing business. 2018; 29–58.
13. Hullova D, Simms CD, Trott P, Laczko P. Critical capabilities for effective management of complementarity between product and process innovation: Cases from the food and drink industry. Research Policy. 2019; 48(1): 339–354.
14. Isenberg DJ. The big idea: How to start an entrepreneurial revolution. Harvard Business Review. 2010; 88(6): 40–50.
15. Joseph H, Willium B, Barry B, Rolph A. Multivariate data analysis (7th ed.). Pearson Education Limited; 2014.
16. Junne G. African entrepreneurship: Constraints and improvements. African Entrepreneurship: Challenges and opportunities for doing business. 2018; 117–130. 17. Oteh A. The role of entrepreneurship in transforming the Nigerian economy. 7th convocation lecture. Igbinedion University, Okada, Edo State, Nigeria. 2009, Dec. 4.
18. Oyebode OJ. Impacts of Civil Engineering Infrastructures in the Sustainability of the Environment. Conference Proceeding of Nigerian Institution of Civil Engineers (NICE). 17th Annual Conference, Maiduguri. 2019.
19. Oyebode OJ. Synergy between Academia and industries for demand driven research and optimal performance of engineering family. Conference Proceeding of Nigerian Society of Engineers (NSE) and AGM Kano 2019–Building Resilient Infrastructure to Promote Sustainable Industrial Growth. Afficent Centre, 3 Magajin Rumfa Road, Nasarawa GRA, Kano, Nigeria. 2019, Dec. 2–6.Research, Innovation and Entrepreneurship Oluwadare Joshua OYEBODE © MBA Journals 2021. All Rights Reserved 19
20. Sunday RJ, Miriam K. Entrepreneurship, employment and sustainable development in Nigeria. International Journal of Academic Research in Economics and Management Sciences. 2015; 4(1): 179–199. 21. Qian H. Diversity versus tolerance: The social drivers of innovation and entrepreneurship in US cities. Urban Studies. 2013; 50(13): 2718–2735.
22. Robson JP, Haugh MH, Obeng AB. Entrepreneurship and innovation in Ghana: Enterprising Africa. Small Business Economics. 2009; 32(3): 331–350. Available from
23. World Bank. (2008). Youth unemployment, existing policies and way forward: Evidence from Egypt and Tunsia.
24. Ariyo D. (2005). Small firms are the backbone of the Nigerian Economy. Retrieved November 6, 2005. Available from:

Regular Issue Open Access Article
Volume 4
Issue 1
Received May 1, 2021
Accepted May 12, 2021
Published May 30, 2021