FOSTERING ENTREPRENEURIAL RESILIENCE IN NIGERIA: A MULTIDIMENSIONAL APPROACH TO OVERCOMING SOCIO-ECONOMIC CHALLENGES

Abstract

This study examines how entrepreneurial resilience enhances family living conditions in Nigeria, focusing on the mediating roles of access to finance, business support services, and government intervention. Anchored on the resource-based and resilience theories, the study adopts a mixed-methods
approach, combining a structured survey of 500 entrepreneurial households across Nigeria with indepth qualitative interviews. Quantitative data were analyzed using descriptive and inferential statistics, while qualitative narratives enriched contextual understanding. Findings reveal that financial accessibility and institutional support significantly strengthen entrepreneurial resilience and household welfare, while government interventions amplify socio-economic adaptability. The study contributes to theory by integrating resilience and entrepreneurship frameworks within the context of household livelihoods and provides actionable insights for policymakers, financial institutions, and development agencies seeking to build sustainable entrepreneurial ecosystems in emerging economies.