Effects of Entrepreneurship Education on Entrepreneurial Intention

Idris Adegboyega Onikoyi, James A. Odumeru

Abstract


Entrepreneurship education is believed to be of great importance to the quest for improved youth employment and economic development of any society. It is for this reason that the Nigerian government invests heavily in entrepreneurship education. However, in spite of these heavy investments, youth unemployment is on the increase and economic development continues to elude Nigeria. This study investigates the effect of entrepreneurship education on entrepreneurial motivation and intention among final year students of Nigeria. We adopted the Osun State College of Technology, Esa Oke as a case study where data was collected using structured questionnaire from 550 responded selected using random sampling. Data was analysed using Structural Equation Modelling (SEM). The study discovered that entrepreneurship education significantly determine entrepreneurial motivation which also significantly affects entrepreneurial intention. The study also found that the entrepreneurship education – entrepreneurial motivation relationship is significantly mediated by cognitive factors. To this end, this research effort recommends that the government and other relevant stakeholders should continue to provide quality entrepreneurship education to continue to motivate graduates of tertiary institutions to become entrepreneurs.


Keywords


Entrepreneurship education; Entrepreneurial motivation; Entrepreneurial intention; Cognitive factors

Full Text:

PDF

References


Aldrich, H., & Zimmer, C. (1986). Entrepreneurship through social networks. In D. Sexton, & R. Smilor (Eds.), The art and science of entrepreneurship (pp.3-23). Cambridge, MA: Ballinger.

Baron, R. M., & Kenny, D. A. (1986). The moderator-mediator variable distinction in social psychological research – conceptual, strategic and statistical considerations. Journal of Personality and Social Psychology, 51(6), 1173-1182.

Carroll, G., & Mosakowski, E. (1987). The career dynamics of self-employment. Administrative Science Quarterly, 32, 570-589.

Cooper, A., Woo, C., & Dunkleberg, W. (1989). Entrepreneurship and the initial size of firms. Journal of Business Venturing, 3, 97-108.

Doğan, E. (2015). The effect of entrepreneurship education on entrepreneurial intentions of university students in Turkey. Ekonometri ve istatistik e-Dergisi, (23), 79-93.

Drucker, P (1985). Innovation and Entrepreneurship. New York: Harper & Row.

Eijdenberg, E & Masurel, E (2013). Entrepreneurial motivation in a least developed country: push factors and pull factors among MSEs in Uganda. Journal of Enterprising Culture, 12(1), 19-43.

Eu (2014). Promoting entrepreneurship in schools and universities. [Viewed 23/09/2014]. http://europa.eu/legislation_summaries/education_training_youth/general_framework/n26111_en.htm

Evans, D., & Leighton, L. (1989). Some empirical aspects of entrepreneurship. American Economic Review, 79, 519-535.

Farashah, A. D. (2013). The process of impact of entrepreneurship education and training on entrepreneurship perception and intention: Study of educational system of Iran. Education+ Training, 55(8-9), 868-885.

Fayolle, A., & Gailly, B. (2015). The impact of entrepreneurship education on entrepreneurial attitudes and intention: Hysteresis and persistence. Journal of small business management, 53(1), 75-93.

HoughtonMiffinHarcourt (2014). Theories of Education. [Viewed 23/09/2014]. http://www.cliffsnotes.com/sciences/sociology/education/theories-of-education.

Huber, L. R., Sloof, R., & Van Praag, M. (2014). The effect of early entrepreneurship education: Evidence from a field experiment. European Economic Review, 72, 76-97.

Ifedili, C.J & Ofoegbu, F (2011). Managing entrepreneurship education in nigerian universities. European Journal of Educational Studies, 3(1), 101-109.

Kuratko, D (2005). The emergence of entrepreneurship education: developments, trends and challenges. Entrepreneurship Theory and Practice, 577-597.

Locke, E. A. and Latham, G. P. (2004). What should we do about motivation theory? Six recommendations for the twenty-first century. Academy of Management Review, 29(3), 388-403.

Moberg, K. (2014). Two approaches to entrepreneurship education: The different effects of education for and through entrepreneurship at the lower secondary level. The International Journal of Management Education, 12(3), 512-528.

Nunnally, J. C. (1978). Psychometric theory. New York: McGraw-Hill.

Oosterbeek, H, Praag, M & Ijssellstein, A (2010). The impact of entrepreneurship education on entrepreneurship skills and motivation. European Economic Review, 54, 442-454.

Opafunso, Z & Okhankhuele, O. (2014). Motivation as a factor responsible for entrepreneurial growth in Nigeria: A case study of Export Logistics Limited, Akure, Nigeria. Meditarranian Journal of Social Science, 3(4), 166-173.

Podsakoff, P.M, Podsakoff, N., McKenzie, B & Lee, J (2003). Common methods bias in behavioural research: A critical review of the literature and recommended remedies. Journal of Applied Psychology, 88(5), 879-903.

Rauch, A., & Hulsink, W. (2015). Putting entrepreneurship education where the intention to act lies: An investigation into the impact of entrepreneurship education on entrepreneurial behavior. Academy of management learning & education, 14(2), 187-204.

Rideout, E. C., & Gray, D. O. (2013). Does entrepreneurship education really work? A review and methodological critique of the empirical literature on the effects of university-based entrepreneurship education. Journal of Small Business Management, 51(3), 329-351.

Sadonik, A.R (2014). Sociology of Education. Sage Knowledge. [Viewed 23/09/2014]. http://www.uk.sagepub.com/leonguerrero4e/study/materials/reference/05434_socpersp.pdf.

Shane, S., & Venkataraman, S. (2000). The promise of entrepreneurship as a field of research. Academy of Management Review, 25(1), 217–226.

Shane, S., Locke, E. A., & Collins, C. J. (2012). Entrepreneurial motivation. Human Resource Management Review, 13(2), 257-279.

Stefanovic, I., Rankovic, L & Provic, S (2012). Entrepreneur’s motivational factors: empirical evidence from Serbia. Serbian Journal of Management, 6(1), 73-83.

Walter, S. G., & Block, J. H. (2016). Outcomes of entrepreneurship education: An institutional perspective. Journal of Business venturing, 31(2), 216-233.




DOI: http://dx.doi.org/10.3968/12137

Refbacks

  • There are currently no refbacks.


Copyright (c) 2021 Management Science and Engineering

Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.


Share us to:   


Reminder

  • We are currently accepting submissions via email only.

    The registration and online submission functions have been disabled.

    Please send your manuscripts to mse@cscanada.net,or mse@cscanada.org  for consideration.

    We look forward to receiving your work.

 


We only use three mailboxes as follows to deal with issues about paper acceptance, payment and submission of electronic versions of our journals to databases:
caooc@hotmail.com; mse@cscanada.net; mse@cscanada.org

 Articles published in Management Science and Engineering are licensed under Creative Commons Attribution 4.0 (CC-BY).

 MANAGEMENT SCIENCE AND ENGINEERING Editorial Office

Address:1055 Rue Lucien-L'Allier, Unit #772, Montreal, QC H3G 3C4, Canada.

Telephone: 1-514-558 6138
Http://www.cscanada.net Http://www.cscanada.org

Copyright © 2010 Canadian Research & Development Centre of Sciences and Cultures