Abstract

The study examined the effects of entrepreneurship and previous work experience on business creation in Nigeria among students of Ekiti State University. The research adopted a descriptive of survey research. The total population for the study was 9250 gotten from the various registries in all the faculties of the university. The sample size for the research was 400 through the Taro and Yamane (1992) model. Result of the regression estimation revealed that coefficient estimates of 0.287 and 0.631 with the probability values of 0.493 and 0.142 for entrepreneurship education and prior work experience exert a positive impact on business creation among undergraduate students of Ekiti State University. The result reflects that increase in the level of entrepreneurship education and prior work experience will trigger a corresponding increase in the level of business creation among students of Ekiti state university to the tune of 0.287, 0.631 in terms of business creation score. Based on the discoveries and the analysis conducted in the study, it can be concluded that entrepreneurship education with prior work experience only contributes mildly to business creation among undergraduate student in Ekiti state. Prior exposure to the world of business encourages undergraduate students to create a business of their own.

Highlights

  • Entrepreneurship education has become a serious matter for university administrators, course developers, government servants, and researchers Kuratko (2005)

  • Data and information will be collected to describe relationships between the three variables. This fits into the picture of the study as researcher investigates the impact of Entrepreneurship Education, Previous Work Experience and Business Creation with reference to students of Ekiti State University

  • This result conspicuously connotes that there are more of female respondents than male though there is no evidence of gender biasness

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Summary

Introduction

Entrepreneurship education has become a serious matter for university administrators, course developers, government (public) servants, and researchers Kuratko (2005). Entrepreneurship education could be one way to increase the passion of students to own a business and thereby, reduce poverty rate of youths in the economy. Since entrepreneurship was introduced by the united state in the 1940s, this concept has been adopted and integrated into education in many countries (Nigeria being one of them) as a component of new economic strategies for fostering job creation. It has become such an important part of education that in 1998, UNESCO World Conference recognized its value and advocated cultivating entrepreneurship and skills in higher education. In the late 1990s, following the international trend, Nigeria began witnessing entrepreneurship education emerge on individual campuses in university students entrepreneurship competitions

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