Journal of Research in International Business and Management

Entrepreneurial Finance and Innovation in Nigeria

Abstract

Joseph A. Nduka

This paper examined entrepreneurial finance and innovation in Nigeria, a challenge of sustainability. The increasingly supportive role played by financial intermediaries, such as venture capitalists and angels, in nurturing entrepreneurial firms and in promoting product market innovation significantly impact on society. The contribution of entrepreneurship in the economic development cannot be over-emphasized as a change agent and as a prime mover of any economy. Despite the supportive roles of financial intermediaries, many entrepreneurship firms in Nigeria are bedeviled by so many challenges that hinder their ability to survive long.

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