STRENGTHENING ECONOMICS AND BUSINESS RESEARCH IN NIGERIAN UNIVERSITIES: A PATHWAY TO SUSTAINABLE DEVELOPMENT AND SOCIAL-ECONOMIC GROWTH
Volume 3, Issue 1, Pp 9-14, 2025
DOI: https://doi.org/10.61784/wjebr3025
Author(s)
Okechukwu Chidoluo Vitus
Affiliation(s)
Omnibus Institute of Professional Learning and Development, Lagos 42100, Nigeria.
Corresponding Author
Okechukwu Chidoluo Vitus
ABSTRACT
This research article delves into the critical role of economics and business research within Nigerian universities, emphasizing its significance for both academic advancement and national development. The study highlights the current landscape of research activities in these disciplines and identifies key barriers that hinder progress. Findings reveal that while there is a growing interest in economics and business research among scholars, several challenges persist, including limited funding, inadequate access to resources, and a lack of collaboration between academia and industry. Moreover, the research underscores the need for universities to prioritize research initiatives that align with Nigeria's economic goals and developmental strategies. The implications of this study are profound. First, it suggests that enhancing research capabilities can lead to more impactful policy recommendations that address economic challenges facing the country. Second, fostering partnerships between universities and business sectors can facilitate knowledge transfer and innovation, ultimately contributing to economic growth. Third, the research calls for increased investment in research infrastructure and training programs to empower researchers in Nigerian institutions. In conclusion, this article presents a compelling case for strengthening economics and business research in Nigerian universities as a means to drive sustainable development and improve the socio-economic landscape of the nation. The findings serve as a foundation for policymakers and educational leaders to implement strategies that will enhance the quality and relevance of research in these vital fields.
KEYWORDS
Landscape; Global development; Economics; Business; Management; Research
CITE THIS PAPER
Okechukwu Chidoluo Vitus. Strengthening economics and business research in Nigerian universities: a pathway to sustainable development and social-economic growth. World Journal of Economics and Business Research. 2025, 3(1): 9-14. DOI: https://doi.org/10.61784/wjebr3025.
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