OPERATIONS, PROBLEMS AND PROSPECTS OF NIGERIAN-INDIAN JOINT VENTURES IN NIGERIA.

OPERATIONS, PROBLEMS AND PROSPECTS OF NIGERIAN-INDIAN JOINT VENTURES IN NIGERIA.

Abstract

Prior to the Nigerian Fnterpriscs Decrees of 1972 and 1977 most businesses in the country were owned, managed and controlled by foreigners. The indigentsation decrees sort to promote indigenous ownership and control of enterprises. Thus today joint ventures are the only moans by which foreigners can invest in Nigeria. Most developing countries encourage direct foreign investment not so much for the provision of finance which in certain cases nay he crucial but for the provision and possible dissemination of technology and technical skills necessary for economic development. Infact, it is currently thought that most of the capital involved in direct foreign investment is got from reinvestments of profits and local savings so that the most portant gain accruing to the less developed c untrics from direct foreign investment is technology transfer. Technologies from the developed countries have often been said to be unsuitable for the factor endowments of the less developed ones. This is because technology being human ability to handle factors of production is heavily influenced by the socioeconomic environment for which is produced and can not be transferred wholesale to completely different environments to raise production and welfare. It is in this sense that technologies from the more developled of the developing countries which have undergone some adaptation and modification become significant. India being one of such more developed third world countries, this study is undertaken to examine the impact on the Nigerian – v i i – economy of Nigerian-Indian joint ventures by way of: I) transfer of technological skills, 2) use of local raw materials, 3) provision of employment opportunities, 4) promotion of entrepreneurship, 5) provision of acceptable goods and services, all of which are objectives of the manufacturing sector in the fourth National Development Plan. It is hoped that this study will be of use to more detailed studies of the operations of joint ventures from other developing countries. Such studies aimed at accessing their impact on economic development and thus their desirability should pay special attention to the factor endowments of the country.

ABLE OF CONTENT

Title page- – – – – – – – – i
Approval page – – – – – – – -ii
Dedication – – – – – – – – -iii
Acknowledgement – – – – – – – -iv
Abstract – – – – – – – – – -v
Table of content – – – – – – – -vi

CHAPTER ONE
INTRODUCTION – – – – – – – -1
1.0 Background of the study – – – – -1
1.1 Statement of the problem – – – – -5
1.2 Purpose of the study – – – – – -6
1.3 Significance of the study – – – – -8
1.4 Research questions – – – – – -9
1.5 Scope of the study – – – – – – -10

CHAPTER TWO

LITERATURE REVIEW – – – – – – -11

CHAPTER THREE

Research methodology – – – – – – -39
Design of study – – – – – – – -40

CHAPTER FOUR

Presentation, analysis and interpretation of data – -48

CHAPTER FIVE

Summary of findings – – – – – – -60
Conclusion – – – – – – – – -61
Recommendations – – – – – – – -62
Suggestions for further research – – – – -64
References – – – – – – – – -65
Appendix I – – – – — – – – -68
Questionnaire. – – – – – – – -69

OPERATIONS, PROBLEMS AND PROSPECTS OF NIGERIAN-INDIAN JOINT VENTURES IN NIGERIA.

 

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