Journal of Emerging Trends in Engineering and Applied Sciences: Research Areas

Article Title: Alleviating Rural Poverty Through Foundry Entrepreneurship As Capacity Building And An Economic Force In Rural Development
by Apata A.O., Alani G.O. and Bioku J.O

Abstract:
This paper has attempted to set out the key issues related to foundry entrepreneurship in the context of its relationship with rural development.The analysis is then broadened to understand the determinants of rural entrepreneurship and the environment conducive to its development. Consequently the policies that are necessary to make this environment favorable have been discussed in detail. The generic constraints that are faced by rural enterprises have been listed out. The conclusion is that to accelerate economic development in rural areas such as Idah, it is necessary to promote foundry entrepreneurship. Entrepreneurial orientation in rural areas is based on stimulating local entrepreneurial talent and subsequent growth of indigenous companies. This in turn would create jobs and add economic value to a region and at the same time will keep scarce resources within the community.

Keywords: poverty, poverty alleviation, foundry, rural entrepreneurship, rural development

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