Are entrepreneurs made or born? Investigating its usefulness to Nigerian policy makers

Henry Ford once said "Whether you think you can or you think you can't, you are both right". The most important factor considered to be driving the economy by the many in the last three (3) decades is the word "Entrepreneurship" (Bruyat & Julien, 2001). It is also seen as an "Engine" of the economy (Kuratko, 2005) that stimulates the creation of new businesses and result to job creation and wellbeing (Gorman, Hanlon, & King. 1997). The importance of Entrepreneurship cannot be overemphasize; it has been discovered by the Global Entrepreneurship Monitor (GEM) that one of the hindrances to actualizing growth potential through economies that are driven by innovation is lack of Entrepreneurship (2008, P.9). Taatila (2010) corroborated with this discovery by stating that the prosperity and long-term growth of a region can be hinder as a result of stagnation of societies due to lack of entrepreneurial attitudes.