THE IMPACT OF FOREIGN CAPITAL IN ENTREPRENEURSHIP DEVELOPMENT IN NIGERIA(A CASE STUDY OF IMO STATE)

The purpose of this study is to determine the impact of foreign capital in entrepreneurship development in Nigeria. To do this, data were collected through questionnaires and literature review. The data were presented in table as frequency distribution and analysed with frequencies and percentage. Having analysed the data, the following are the major findings ? Multilateral organization, foreign government and private investors provide foreign capital for entrepreneurship development in Nigeria. ? Foreign capital increase loanable funds for Nigeria entrepreneurs, provides funds for importation of foreign machinery and equipment as well as for entrepreneurship training in management. ? Nigeria entrepreneurship can also arise foreign capital from international capital markets while multinational companies indirectly finance entrepreneurship development in Nigeria.