Entrepreneurship Development Education as Succour for Self-Employment: Evidence from Public Universities in The Southwest Nigeria (Published)
The number of unemployed graduates has been on the increase. In response to this, Entrepreneurship is made a compulsory course in all tertiary institutions at the undergraduate level. The entrepreneurship courses offered is aimed at creating self-employment so as to reduce the dependence on government employment. The study examined Entrepreneurship Development (Education) as succour for Self-employment among the students of public universities in the South west Nigeria that took entrepreneurship as a basic course. The aim of the course is to fill the gap between entrepreneurship education and capability to be self-employed by creating entrepreneurial ventures. Many business and innovative ideas were introduced to the students in the course of study but an evaluation of students’ actions after class and graduation will determine the relevance and impact of the course. The descriptive research design of the survey type is adopted in the study. The population of the study comprises all the students of the universities in the southwest Nigeria. The study is delimited to all the public universities in the southwest Nigeria. This study involves a multi-stage sampling technique to select 360 students in the institutions. Simple random sampling technique is used to select four out of the six states in the southwest, Nigeria. The results showed that entrepreneurship development (education) greatly influenced self-employment among the university students. Therefore, teaching of entrepreneurship with the exploration of both theory and practice; creating commercial awareness and building venture creation skills should be strengthened and sustained in the universities.
Keywords: Entrepreneurship Development, Institutions, Self-employment, succour, ventures
A Critical Assessment of the Role of Entrepreneurship Development in the 21st Century (Published)
Entrepreneurship in the 21st century opens opportunities for people to understand the new ways of managing a business from a global perspective and how to use the latest technology available for humanity’s benefit. Entrepreneurship Development (ED) provides the platform to enable entrepreneurs to solve complex and challenging business models. Nevertheless, it is difficult to gather the requisite data to ascertain the accurate measure of variables that affect entrepreneurs’ development in the 21st century. The study employed a content analysis technique to approach the significant objective of the study. The findings revealed that Entrepreneurship Competence is a crucial constituent of ED and houses educational competency, opportunity identification competency, learning competency, personal competency, technical competency, social responsibility competency, ethical competency, and technological and innovation competency. More so, entrepreneurial skills such as critical thinking skills, forecasting skills, influential skills, problem-solving skills, organizational skills, flexibility and adaptational skills, teamwork skills, global foresight, and practical communication skills are also needed for the sustainability of the businesses. The study proposed a framework that will promote the ED in this 21st century and further gives recommendations that will ensure the sustainability of their potentials.
Citation: Agyemang Kwasi Sampene, Cai Li, Fredrick Oteng Agyeman, Brenya Robert, Laweh Nicholas, Semyalo Moses and Atampa Awanam Salomon (2021) A Critical Assessment of the Role of Entrepreneurship Development in the 21st Century, European Journal of Business and Innovation Research, Vol.9, No.5, pp. 1-26
Keywords: Entrepreneurship Development, entrepreneurship competence, entrepreneurship skills, role of entrepreneurs