The first paper, ?Entrepreneurship Development in Nigeria: Prospects and Challenges? by Amaka G Metu and Ebele S Nwokoye, underscores the importance of policy formulation in entrepreneurship development in Nigeria as well as the importance of entrepreneurship in reducing the ever-growing rate of unemployment in Nigeria. According to the study, entrepreneurship is lacking in Nigeria due to certain challenges such as epileptic power supply, lack of genuine support for those intending to start a business and lack of strong will power to take risks; all these and more inhibit entrepreneurship development and create unemployment. The paper concludes that government policy on entrepreneurship should be more robust and that the government should create a conducive business environment to enhance entrepreneurship development and reduce youth unemployment. The study stresses on the importance of supportive environment for nurturing entrepreneurship. Having natural resources will not lead to growth. The government needs to build up supportive environment in totality to facilitate entrepreneurship to grow.

The second paper, ?Moderating Effect of Environmental Uncertainties on Entrepreneurial Orientation and Business Performance Relationship in SMEs in Kurunegala District, Sri Lanka? by P Venkateswarlu, Deepal N Perera and Vivek Ranga, studies the moderating effect of Environmental Uncertainties (EU) on the relationship between risk-taking propensity and Business Performance (BP). The study was conducted on 275 Small and Medium Enterprises (SMEs) in Kurunegala district, Sri Lanka. Significant positive relationship was found between Entrepreneurial Orientation (EO) and BP. Regression analysis showed that the relationship between entrepreneurial dimensions and BP was not moderated by EU. EU was categorized into stable and dynamic environments. 173 SMEs were found to be in the dynamic environment where they were adaptable to changes in business environment and also technological changes. This study provides insights into firms? responses to the changing environment in which they operate. As it is said, only ?change is permanent? and an organization?s success is also dependent on the response mechanisms it builds to be in tandem with the changing environment.

The third paper, ?Venture Capital and Entrepreneurship: The Cost and Resolution of Investment Readiness? by Danai Zana and Brian Barnard, examines Investment Readiness (IR) within Venture Capital (VC) markets and its resolution. IR is the term generally used in the context of raising external equity finance. The study mainly focuses on the perceptions of experienced VCs and angel investors regarding investment and its resolution. The data for the study was collected through a semi-structured in-depth interview from professional and business networks. The study states that awareness is an important aspect of IR, and equally involves and accompanies a culture aspect. There is room for greater specialization within the VC market and IR. Increasing interaction between stakeholders and market participants is also a way to improve IR. The study brings in a significant aspect of IR in promoting entrepreneurship.