scholarly journals Assessment of Impact of Recreational Resorts on Socio-Economic Growth of Calabar, Cross River State - Nigeria

2018 ◽  
Vol 1 ◽  
pp. 11-24 ◽  
Author(s):  
Titus E. Amalu ◽  
Peter A. Ojugbo ◽  
Otop O. Oqua
Keyword(s):  
Economic Growth ◽  
Primary Source ◽  
Business Environment ◽  
Tourism Industry ◽  
Cross River ◽  
Cross River State ◽  
Secondary Sources ◽  
Employment Generation ◽  
Private Investors

This study examined the influence of the tourism industry on socio-economic growth of Calabar, Cross River State with special interest on the role of the resorts operating within the study area. Primary and secondary sources of data were employed for the study. The primary source involved the use of questionnaires, interview with participatory research appraisal methods while the secondary sources involved the use of journals, textbooks and records from the management of the various resorts within the area. The study observed that the highest medium of awareness of the existence of the resorts was through family and friends leading to 36% of the entire visitors to the resorts. It was also observed that 89% of the employed workers in the resorts were residents of the study area. The study analysis revealed that the number of employed workers in the resorts varied significantly across the various resorts with F=5.243; P<0.05 and also a significant variation across the class of employment with F=8.383; P<0.05. The study also observed that the resorts provided opportunities for employment, generation of more income and infrastructural enhancement within the area. Based on these findings, it was therefore recommended that government of Cross River State should direct interest in investing in the tourism industry through collaboration with private investors and providing an enabling business environment by the reduction of tax, provision of loan facilities and provision of infrastructures in the study area.

Role of Tourism Industry in Employment Generation

2015 ◽  
pp. 359-368
Author(s):  
Thangasamy Esakki
Keyword(s):  
Economic Growth ◽  
Tourism Industry ◽  
Sports Clubs ◽  
Tourism Marketing ◽  
North East India ◽  
North East ◽  
Tourism Sector ◽  
Socio Economic Development ◽  
Employment Generation

Globally, ‘Tourism industry' has been considered as the second largest employer amongst other significant sectors contributing to economic growth. It is having a close nexus with employment generation and economic growth. When a country moves forward socially and economically, a need for expansion of employment avenues also grows simultaneously. Hence, Tourism Sector has a tremendous potential, especially in India, for development. The industry extends its territory by launching multifarious allied projects such as setting up of parks, sports clubs, hotels and restaurants, transport operations etc., In North East India, Nagaland is one of the States possessing an enormous potential for development of Tourism industry. This chapter is proposed to study the role of Tourism industry in boosting socio-economic development Nagaland, to focus on contribution of hotels and restaurants towards employment generation, to identify major marketing issues/bottlenecks the industry and to suggest corrective measures to ensure sustainable tourism marketing in the State.

Corruption, Business Climate, and Economic Growth

2015 ◽  
pp. 1156-1179
Author(s):  
Harish C. Chandan
Keyword(s):  
Economic Growth ◽  
Political Institutions ◽  
Business Environment ◽  
Domestic Investment ◽  
Business Climate ◽  
Transparency International ◽  
Leadership Management ◽  
Economic Freedom Index ◽  
The Relationship

Corruption is globally pervasive. Defined as abuse of entrusted power for private gain (Transparency International, 2013), corruption represents a set of economic, social, cultural, and political practices that are secretive and rooted in greed, ambition, or quest for power. This chapter reviews causes of corruption including the macro- and micro-level determinants of corruption such as leadership, management, and organizational culture. Various subjective and objective measures of corruption are discussed. Transparency International's Corruption Perception Index (CPI) and Heritage Foundation's Economic Freedom Index (EFI) are reviewed. The World Bank's Business Environment and Enterprise Performance Survey (BEEPS), Doing Business Indicator (DBI), and World Bank Institute's Governance Indicator (WBI-GI) are also reviewed, as is the role of global anti-corruption agencies and various instruments. Additionally, the relationship between corruption and foreign domestic investment, economic growth, and economic and political institutions are considered, as are anti-corruption intervention strategies for corruption and business ethics training.

Work-Life Balance in Tourism Industry

2019 ◽  
pp. 237-274
Author(s):  
F. Gül Turanlıgil ◽  
Muhammad Farooq
Keyword(s):  
Business Environment ◽  
Tourism Industry ◽  
Work Life ◽  
Work Life Balance ◽  
Life Balance ◽  
Industry Worker ◽  
Hospitality And Tourism Industry ◽  
Tourism And Hospitality ◽  
Global World

The modern era of competition and commercialization changed working patterns. Paradigm change of competitive global world has caused many challenges and conflicts arising as a result of an increased competition amongst industries. Business has become proactive, aggressive, and demanding in order to stand tall in this competition. Every industry requires workers to be actively involved and devote comprehensively, but specifically, tourism and hospitality requires an extra mile. Workload is different than other industries. Comprehensive view is given on the conditions of hospitality and tourism industry faces keeping up with the contemporary business environment of this sector and how this sector suffers due to the work-life balance conflicts. Furthermore, insights on work-life balance and conflicts that rises on the horizon for hospitality industry worker, difference of work-life balance in this industry, link of performance and balanced work-life, and most importantly, role of human resources policies are given.

Is Entrepreneurship Education Key to All Entrepreneurial Initiatives?

2021 ◽  
pp. 45-63
Author(s):  
Joana Costa
Keyword(s):  
Economic Growth ◽  
Entrepreneurship Education ◽  
Individual Characteristics ◽  
Entrepreneurial Activity ◽  
The Core ◽  
Knowledge Based ◽  
The World ◽  
Employment Generation ◽  
Different Cultures

Entrepreneurship is a worldwide reality. Since the beginning of times and all around the world people have created businesses. Entrepreneurial orientation, from a macroeconomic perspective, allows income and employment generation, thus boosting growth. At the microeconomic level, it is a competition booster playing a central role in a globalized market. In this entrepreneurial ecosystem in which knowledge-based activity is the core booster of employment, economic growth, and competitiveness, universities and, in particular, entrepreneurial universities play either the role of knowledge production and dissemination. The present work aims to understand the role of education (formal and entrepreneurship) on entrepreneurial activity combined with heterogeneous individual characteristics and different cultures and geographies. Specifically, the study identifies substitution and complementary effects among both types of education according to individual taxonomies.

scholarly journals The Role of Innovation in Fostering Competitiveness and Economic Growth: Evidence from Developing Economies

2017 ◽  
Vol 20 (4) ◽  
pp. 65-81 ◽  
Author(s):  
Lejla Terzić
Keyword(s):  
Economic Growth ◽  
Developing Economies ◽  
Measurement Instruments ◽  
Secondary Sources ◽  
Composite Measures ◽  
Innovation Output ◽  
Per Capita ◽  
Over Time ◽  
The Eu

This paper deals with the essential features determining the role of innovation in developing economies by examining the structure of innovation measures. The economic growth and competitiveness of developing economies are powerfully connected to its innovation status. The purpose of this paper is to examine the significance of innovation in driving economic growth per capita and competitiveness in selected developing economies. In order to determine the interconnection among the variables of innovation, competitiveness, and growth, assorted methodological measurement instruments have been applied. The data were collected from both primary and secondary sources. The results suggest the importance of specific innovation dimensions for prospective economic growth in developing economies. The identical measures responsible for fragile innovation are associated to the low composite measures of innovation accomplishment. This demonstrates the enormous disparity concentrated in every innovation aspect over time, specifically in innovation output and enterprise performances between the developing economies and the EU–28 average measures. The research results indicate the usage of appropriate economic instruments in diminishing the problems that developing economies are currently dealing with. 

scholarly journals The Role of Small and Medium Enterprises (SMEs) in Employment Generation and Economic Growth: A Study of Marble Industry in Emerging Economy

2019 ◽  
Vol 10 (6) ◽  
pp. 174
Author(s):  
Lara Al-Haddad ◽  
Muhammad Safdar Sial ◽  
Imdad Ali ◽  
Rahmat Alam ◽  
Nguyen Vinh Khuong ◽  
...  
Keyword(s):  
Economic Growth ◽  
Positive Relationship ◽  
Small And Medium Enterprises ◽  
Income Level ◽  
Vital Role ◽  
Employment Opportunities ◽  
Policy Frameworks ◽  
Employment Generation ◽  
Medium Enterprises

This study is undertaken to find out how SMEs contribute to the economy in terms of employment generation and its impact on the economic growth of the country. Small and Medium Scale Enterprises (SMEs) is accepted globally as a tool for empowering the citizenry and economic growth. In Pakistan efforts have been made by successive governments to increase employment opportunities, reduce poverty and accelerate economic growth by increasing foreign direct investment, diversifying the economy, enacting policy frameworks which favor small business ownership and entrepreneurship programs. Specifically, this study tends to figure out: how SMEs contribute to employment generation, whether a significant number of people is employ within the SME sector; whether the SMEs increase the income level of people. The total number of employees was 255 being selected randomly from Swat marble industries. A questionnaire was constructed and distributed to the selected respondents. The responses were collected and analyzed using the Statistical Package for Social Sciences (SPSS) analytical tool. The study exposes that SMEs play a vital role in employment generation. There is a positive relationship between SMEs and unemployment reduction. The result also shows that there is a positive relationship between SMEs and increase in income level. This study may be beneficial both for practitioners and academicians. For practitioners, the current study may help to devise policies and strategies concerning SMEs to generate employment opportunities. The current study may lead to the generalizability of existing research in the same field as for academic aspect is a concern.

scholarly journals The Role of Non-State Actors in Strengthening the Developmental Capacity of the State: A Case Study of Cross Rivers State, Nigeria

2020 ◽  
Vol 10 (2) ◽  
pp. 153
Author(s):  
Felix Chukwudi Oparah ◽  
Enya Ndem Bassey ◽  
Ohatu Ekoh Ohatu
Keyword(s):  
Skill Acquisition ◽  
Rural Areas ◽  
The State ◽  
Cross River ◽  
Cross River State ◽  
Developmental Capacity ◽  
State Actors ◽  
The Government

This study examined the role of Non State Actors (NSAs) in strengthening the developmental capacity of the state, using a case study of Cross River State, Nigeria. Primary and secondary data on selected constituents of NSAs including Non Governmental Organizations (NGOs), Privately Owned Companies, Banks, Private Hospitals and Private Schools were analyzed using tables and charts. The results revealed that activities of NSAs significantly enhance the developmental capacity of Cross River State especially in the areas of provision of public services, knowledge and skill acquisition, infrastructural development and employment generation. Besides other recommendations, it was recommended that NSAs and the government should perform complementary roles in enhancing developmental capacity and that the establishment of more NSAs in the rural areas should be encouraged through the provision of special funding and other incentives for NSAs that have their offices in the rural areas.

scholarly journals Role of Farmer Organizations in the Reinforcement of the Economic Capacities of Farmers in Mezam Division, Cameroon

2020 ◽  
pp. 80-91
Author(s):  
Kenette Fru Mbangari ◽  
Mathias Fru Fonteh ◽  
Guillaume Hensel Fongang Fouepe
Keyword(s):  
Primary Source ◽  
Gross Margin ◽  
North West ◽  
Secondary Sources ◽  
The North ◽  
Direct Observations ◽  
Farmer Organizations ◽  
Interview Guide ◽  
Source Data

This study was carried out from February 2018 to June 2019 in Mezam Division-Cameroon, under the auspices of the Program for the Improvement of Competiveness of Family Agro-pastoral Farms (PCP-ACEFA) and the North West Farmers’ Organization (NOWEFOR). The objective of the study was to assess the role of FOs in the reinforcement of the economic capacities of farmers in the region. Secondary sources data were reviewed while primary source data were gotten directly from farmrs in the field. Two hundred and eighty (280) farmers’ members of these FOs were interviewed using a semi-structured questionnaire and 7 leaders were interviewed using an interview guide. In addition, direct observations were made. The data collected were analyzed using SPSS. The findings show that, 18.57% of the respondents who possessed agricultural equipments in their farms  from the support of SOS Faim/EC, 17.14%  as a result of MINADER  support, 20% as a result of ACEFA support and 44.28% coming from the farmers own capital. Beneficiaries of the aid hired 30% of workerss compared to 12.8% the non beneficiaries. The contribution of FOs in the development of the economic capacities of farmers was overall positive as 48.57% of the beneficiary farmers had a higher income than non beneficiaries. The beneficiaries’ respective mean annual gross margin for market gardening (263, 863), poultry (375,343) and piggery (64,615) are statistically higher than that of non beneficiaries. Conclusively FOs are pivotal for famers in the development process and the strengthening of the economic capacities of farmers.

scholarly journals Menimbang Daya Saing Pariwisata Indonesia (Dibandingkan Singapura, Malaysia, Dan Thailand)

2015 ◽  
Vol 2 (3) ◽  
pp. 422-442
Author(s):  
Vonny Setianda ◽  
Roos Kities Andadari
Keyword(s):  
Economic Growth ◽  
Tourism Development ◽  
Secondary Data ◽  
Development Strategies ◽  
Tourism Industry ◽  
Tourism Sector ◽  
Asean Countries

Experience from many countries shows that tourism contributes greatly to the economic growth that can improve the welfare and quality of citizens’ lives. To enhance the role of the tourism sector to improve the economy, increasing the competitiveness of this sector is the key. For Indonesia, which has great potential in the tourism sector, tourism development strategies are needed to improve the competitiveness of the tourism industry. The purpose of this study is to determine the position of competitiveness in Indonesia’s tourism sector, especially compared to some major ASEAN countries, and propose appropriate tourism development strategies. After mapping the condition of Indonesia’s tourism competitiveness compared to some other major ASEAN countries, this study uses STP (segmenting, targeting, and positioning) to find appropriate tourism development strategies. This research utilizes secondary data. The results show that compared to some other major ASEAN countries (Singapore, Malaysia and Thailand), Indonesia's tourism competitiveness in some aspects is low, although this condition has improved in recent years. However, given the demands of the dynamic tourism market, the competitiveness needs to be improved continuously. This necessitates special strategies, so that the efforts match with the target. Keywords: Indonesian tourism, competitiveness of the tourism industry, tourism development strategies

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