I Martin Above Mwape hereby declare that this report represents my own work and that it has not been previously submitted for a degree at this or any other university.
Martin Above Mwape Supervisor: Mr S Chikuba.
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CERTIFICATE OF APPROVAL
This report has been approved as partial fulfilment of the requirement for the award of Bsc Economics of Chreso University
Supervisor: Mr S. Chikuba
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ABSTRACT
ACKNOWLEDGEMENT
DEDICATION
TABLE OF CONTENTS
INTRODUCTION
Entrepreneurship has become an everyday buzzword. Policymakers, economists, academics and even university students are talking about it. Seminars, conferences and workshops are being organised every year across the world which emphasised on the importance of entrepreneurship to country, society as well as individual development (Béchard and Toulouse 1998; Schaper and Volery 2004; Matlay and Westhead 2005).
Today, entrepreneurship is regarded as one of the best economic development strategies to develop country’s economic growth and sustain the country’s competitiveness in facing the increasing trends of globalisation(Schaper and Volery 2004; Venkatachalam and Waqif 2005).For most people, the popularity of entrepreneurship is largely due to the positive effects it has on many countries as a catalyst that creates wealth and the generation of job opportunities (Postigo and Tamborini 2002; Othman, Ghazali et al. 2005; Gurol and
Atsan 2006). More specifically, entrepreneurship is a major engine driving many nations’ economic growth,innovation and competitiveness (Scarborough and Zimmerer 2003; Kuratko and Hodgetts 2004). At the sametime, most studies have shown there is a positive relationship between entrepreneurship and economic growthin terms of job creation, firm survival and technological change (Gorman, Hanlon et