Hybrid Entrepreneurship as a Tool for Poverty Reduction in Nigeria: A Review of Literature with Qualitative Research and Content Analysis

In today’s Nigeria, employment in organizations has turned upside down due to poor economic situations which do not allow many companies to pay their employees well. There is a need for individuals to look for ways to increase their incomes for meeting financial obligations. The need for hybrid entr...

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Main Authors: Olajide Olubayo Thomas, Olajide Idowu Okunbanjo
Format: Article
Language:English
Published: University Library System, University of Pittsburgh 2021-09-01
Series:Emerging Markets Journal
Subjects:
Online Access:http://emaj.pitt.edu/ojs/index.php/emaj/article/view/216
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author Olajide Olubayo Thomas
Olajide Idowu Okunbanjo
author_facet Olajide Olubayo Thomas
Olajide Idowu Okunbanjo
author_sort Olajide Olubayo Thomas
collection DOAJ
description In today’s Nigeria, employment in organizations has turned upside down due to poor economic situations which do not allow many companies to pay their employees well. There is a need for individuals to look for ways to increase their incomes for meeting financial obligations. The need for hybrid entrepreneurship is critical as well. This paper conducts a review of literature on hybrid entrepreneurship as a tool for poverty reduction. The research employs qualitative research approach and content analysis. The study concludes that, hybrid entrepreneurship is a determinant practice to reduce the rate of poverty in Nigeria. The paper recommends that, hybrid entrepreneurship should be encouraged among the Nigerian citizens so as to reduce the poverty level that has become a problem of Nigerians. Also, every Nigerian should try to get involved or engage in other businesses to augment their incomes so as to achieve their personal and family goals.
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spelling doaj.art-ef636ec2f9d3433ebd6c503494b7f2132022-12-21T21:27:01ZengUniversity Library System, University of PittsburghEmerging Markets Journal2158-87082021-09-01111414910.5195/emaj.2021.216146Hybrid Entrepreneurship as a Tool for Poverty Reduction in Nigeria: A Review of Literature with Qualitative Research and Content AnalysisOlajide Olubayo Thomas0Olajide Idowu Okunbanjo1Lagos State UniversityOlabisi Onabanjo UniversityIn today’s Nigeria, employment in organizations has turned upside down due to poor economic situations which do not allow many companies to pay their employees well. There is a need for individuals to look for ways to increase their incomes for meeting financial obligations. The need for hybrid entrepreneurship is critical as well. This paper conducts a review of literature on hybrid entrepreneurship as a tool for poverty reduction. The research employs qualitative research approach and content analysis. The study concludes that, hybrid entrepreneurship is a determinant practice to reduce the rate of poverty in Nigeria. The paper recommends that, hybrid entrepreneurship should be encouraged among the Nigerian citizens so as to reduce the poverty level that has become a problem of Nigerians. Also, every Nigerian should try to get involved or engage in other businesses to augment their incomes so as to achieve their personal and family goals.http://emaj.pitt.edu/ojs/index.php/emaj/article/view/216entrepreneurshiphybrid entrepreneurshippaid employmentself-employmentpoverty reduction
spellingShingle Olajide Olubayo Thomas
Olajide Idowu Okunbanjo
Hybrid Entrepreneurship as a Tool for Poverty Reduction in Nigeria: A Review of Literature with Qualitative Research and Content Analysis
Emerging Markets Journal
entrepreneurship
hybrid entrepreneurship
paid employment
self-employment
poverty reduction
title Hybrid Entrepreneurship as a Tool for Poverty Reduction in Nigeria: A Review of Literature with Qualitative Research and Content Analysis
title_full Hybrid Entrepreneurship as a Tool for Poverty Reduction in Nigeria: A Review of Literature with Qualitative Research and Content Analysis
title_fullStr Hybrid Entrepreneurship as a Tool for Poverty Reduction in Nigeria: A Review of Literature with Qualitative Research and Content Analysis
title_full_unstemmed Hybrid Entrepreneurship as a Tool for Poverty Reduction in Nigeria: A Review of Literature with Qualitative Research and Content Analysis
title_short Hybrid Entrepreneurship as a Tool for Poverty Reduction in Nigeria: A Review of Literature with Qualitative Research and Content Analysis
title_sort hybrid entrepreneurship as a tool for poverty reduction in nigeria a review of literature with qualitative research and content analysis
topic entrepreneurship
hybrid entrepreneurship
paid employment
self-employment
poverty reduction
url http://emaj.pitt.edu/ojs/index.php/emaj/article/view/216
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