Conceptualising Resource Access for Sustainable Rural Entrepreneurship and Competitive Value Chain in the Context of Nigeria

Abstract

Excerpting from the available literature on capital assets and rural entrepreneurship development in the developing countries,it is revealed that a handful of such discussions mostly capitalized on social capital as the most important asset which enabled access to resources for rural entrepreneurship development. Here, specific consideration is given to natural capital as an enabling asset for rural entrepreneurs to pull other assets together to attain competitiveness in value chain. This paper deploys the rural livelihood approach in developing a conceptual model for the analysis of rural entrepreneurship in the context of resource access and its implication for promoting competitiveness in value chain. The paper deployed the Sustainable Value Chain Analysis’approach and draws on the available literature to develop a conceptual model of five capital assets for improvement in competitive value chain while capitalizing on natural capital.The findings showed that a combined capital asset model through institutional interventions is more likely to promote value creation, creativity and increased production.