Infopreneurship in a developing country: Opportunities and Challenges

Abstract

The purpose of this paper was to discuss the opportunities and challenges of infopreneurship in a developing country. It started with the introduction of the concept; it further discussed the current state of infopreneurship in Nigeria. The paper further highlighted the benefits and challenges of the practice of infopreneurship in Nigeria. It also stated that developed nations have been able to checkmate unemployment, hooliganism, robbery, terrorism and several other national challenges by encouraging infopreneurship through support from government and corporate organizations. The practice has been challenged in Nigeria by lack of structure and coordination from several operators. The paper concluded that infopreneurship plays a strategic role in the economic sector of Nigeria. Therefore, government at all levels should support the success of infopreneurship in Nigeria as this will help to reduce the rate of employment and at the same time lead to the development of the nation.