This paper advocates the possibility of integrating the models of traditional business school to entrepreneurship development and job creation in Nigeria. Drawing insights from extensive review of literature, the paper utilizes secondary data in its analytical discourse. The paper's theoretical foundation was Theodore W. Schultz's human capital theory formulated in 1961, and results from the paper showed that government policies can encourage the survival and expansion of MSMEs in Nigeria. Based on the research done for this paper, it was suggested that the government can utilize the innovative spirit of entrepreneurship present in the Igbo apprenticeship system to create policies that will bring the vast majority of the informal sector into the formal economy, where there can be better coordination and regulation to ensure the sector's continued success and growth. It was also suggested that current entrepreneurial opportunities like digital marketing and sales, ICT, web development, digital data management, etc. be incorporated into the curriculum development of schools, universities, and other vocational and technical colleges. This is in addition to honing attention on tried-and-true methods of skill development like cooking and handiwork.
Public Policy, Entrepreneurship, and Entrepreneurship Development
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