Entrepreneurial intention without a supportive and enabling leadership environment exacerbates global poverty: a perspective from young people and community organisations

Abstract

This paper summarizes the arguments and counterarguments within the scientific discussion on the issue of investigating the correlation between entrepreneurial intentions, supportive and enabling leadership and global poverty. Systematization of the literary sources and approaches for solving the problem of fighting global poverty indicates that the current approach is insufficient, inefficient, ineffective, and unsustainable. The purpose of this research is to investigate the linkages between entrepreneurial intentions, supportive and enabling leadership, and global poverty. It also examines how a lack of support, and the absence of an enabling environment can exacerbate global poverty. Methodological tools of the conducted analysis were the methods of longitudinal study that is based on analyses of previous empirical studies using a cross-case study analysis approach. The research is devoted to researching three key questions: What do young people and community organizations see as their main support needs in Nigeria to tackle poverty? 2) How can policy makers be influenced using social marketing techniques (SMT)? 3) The Leadership of Enterprise Education on Poverty Alleviation and Unemployment in Africa. The paper presents the results of an empirical analysis, which showed the impossibility of achieving constructive progress in Nigerian entrepreneurial development/intensions, particularly amongst young people and community organizations unless there is consistency in government support packages to enable a leadership environment. According to the results of the study, a conclusion about the absence and insufficient provision of the processes of forming a favorable environment for these processes was made. The inconsistency between the leadership promotions of entrepreneurship education/activities without the necessary/commensurate or adequate support package that appears to be needed by young people and community organizations for the purpose entrepreneurship advancement has been proven. The research empirically confirms and theoretically proves the insufficiency of entrepreneurial knowledge and education to achieve significant progress in entrepreneurship development. Based on the results of the analysis, it is concluded that the exchange rate has a positive impact, while the current uncertainty and unpredictability further exacerbate unemployment, poverty and economic development.