Opportunities and Challenges of Enterprise Development in the Blue Economy-Reference-Cited by-同舟云学术

Opportunities and Challenges of Enterprise Development in the Blue Economy

Published:2022-04-08 Issue: Volume: Page:18-30
ISSN:2330-3271
Container-title:Practice, Progress, and Proficiency in Sustainability
language:
Short-container-title:

Author:

Nurein Saheed Adebowale¹^ORCID

Affiliation:

1. American University of Nigeria, Nigeria

Abstract

There has been rapid expansion on the blue economy activities driven by the increase in the global population, technology, climate change, trade, and economic growth. However, developing economies such as Nigeria are still struggling with identifying the untapped opportunities and curbing the existing threats and challenges to achieve a sustainable blue economy. The attention of this review focuses on highlighting the opportunities and challenges of enterprise development in a BE, specifically in the context of a developing economy such as Nigeria. The aim of this review is to create more awareness on the opportunities and challenges facing enterprise development in BE in a developing economy and proffer basis for further research. This study recommends that Nigeria government should focus on creating home-grown innovation and improve governance in the economy to address the challenges crippling its BE to create and achieve a sustainable enterprise development.

Publisher

IGI Global

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