ENTREPRENEURSHIP EDUCATION AND HUMAN CAPITAL DEVELOPMENT VARIABLES

Rasheed Obarinu Agbonna, Fatimat Oluwakemi Binta Shoge, Idowu Emily Okun, Toheeb Oluwagbenga Olorunlomeru

Abstract


This study examined entrepreneurship education and human capital development variables in Nigeria. Three research questions guided this study. A descriptive survey design was used. The population of the study comprised all postgraduates of TASUED for the academic session of 2019/2020. A total of 119 postgraduate students were chosen as sample size using purposive sampling technique. Researchers developed instrument tagged: ‘Entrepreneurship Education and Human Capital Development Questionnaires (EEHCQ)’ with 0.94 reliability coefficient was used for data collection. Research questions were answered using Pearson Product Moment Correlation Coefficient (PPMC). The findings of the study revealed that there was positive relationship between entrepreneurship education and human capital development variables (students’ self-sustenance r = 0.573, p <.05; students’ empowerment r = 0.183, p <.05 and students’ employability r = 0.322, p <.05). The study recommended that the duration and intensity of the entrepreneurship education should be increased beyond a semester's course to realize a maximum impact on university students. Universities should exert more efforts in developing entrepreneurship culture by making entrepreneurship education more practical oriented. Through this measure, students may be exposed to firsthand knowledge about setting up and managing new ventures, which may go a long way to make students job creators and not seekers. More importantly, by encouraging the developing of entrepreneurship culture, universities may be working towards reducing unemployment among her graduates and its associated problems.


Keywords


Entrepreneurship Education, Human Capital Development, Self-Sustenance, Empowerment, Employability.

Full Text:

PDF

References


Akhuemonkhan, I. A., Raimi, L., & Sofoluwe, A. O. (2013). Entrepreneurship education and employment stimulation in Nigeria. Afro Asian Journal of Social Sciences, 4 (4.1), 1 – 22.

Anyakoha E.U (2012) Practical tips for economic empowerment and survival Nsukka: AP express.

Arhedo, P. A. (2012). Towards a successful implementation of universal basic education (UBE) in Nigeria: the roles of School counselors. An unpublished seminar paper.

Asuquo, A. E., & Agboola, B. M. (2014). Nigeria universities outputs and their employability in the labour markets in south south, Nigeria. American Journal of Education Research, 2 (12), 1244 – 1249.

Audretsch, D. B., & Fritsch, M. (1994). The geography of firm births in Germany. Regional Studies, 28 (4), 359 - 365.

Audretsch, D. B., Carre, W, K., & Thurik, A. R. (2002). Capitalism and democracy in the 21st century: from the managed to the entrepreneurial economy. Journal of Evolutionary Economics 10, 17 - 34.

Federal Republic of Nigeria (2004) National Policy on Education. Lagos: NERDC Press.

Gabadeen, W. O., & Raimi, L. (2012). Management of entrepreneurship education in Nigerian higher institutions: Issues, challenges and way forward. Abuja International Journal of Education and Management Sciences (ABIJEMS), 2, 1 - 26.

Grip, A., Loo, J. V., & Sanders, J. (2010). The industry employability index: Taking account of supply and demand characteristics. International Labour Review Journal, 143 (3), 211 - 233.

Imeokpana, U. O., & Ediagbonya, Y. O. (2012). Human capital development and its impact on firm performance: Evidence from developmental economics. The Journal of International Social Research, 2(8), 265 - 272.

Nwaigburu, K. O., & Eneogwe, V. N. (2013). Business education for self reliance and sustainable development in Nigeria. Academic Journal of Inter Disciplinary Studies, 2 (10), 113 – 119.

Oduma, C. A. (2010). A survey of employers expectations of work competencies needed by business education graduates for gainful.

Oduma, C. A., & Ile, C. M. (2012). Office employability competencies needed by business education graduates for effective job performance in modern organizations in Nigeria. An International Journal of Art and Humanities, 1 (2), 211 – 223.

Omozuawo, M. B., & Omozuawo, E. S. (2013). The necessity of re-emgineering entrepreneurship education for economic growth in Nigeria in the 21st century. African Education Indices, 5 (1), 1 – 11.

Raimi, L., Shokunbi, M. O., & Peluola, S. B. (2010). Entrepreneurship and development in institutions in Nigeria: Prospects and challenges. A chapter contribution in perspectives of entrepreneurship and economic development in Nigeria. Olad Publishers Nigeria Limited, Kwara, Nigeria.

Robert, B. (1991). Economic growth in a cross section of Countries. Quarterly Journal of Economic 106 (2), 407 - 414.

Sofoluwe, A. O., Shokumbi, M. O., Raimi, L., & Ajerole, T. (2013). Entrepreneurship education as a strategy for boasting human capital development and employability in Nigeria: Issues, prospects, challenges and solutions. Journal of Business Administration and Education, 3 (1), 25 – 50.


Refbacks

  • There are currently no refbacks.


Copyright (c) 2022 Rasheed Obarinu Agbonna, Fatimat Oluwakemi Binta Shoge, Idowu Emily Okun, Toheeb Oluwagbenga Olorunlomeru

 

 

 

 

 

 

 

 

 

ISSN (PRINT):    2682 - 6135

ISSN (ONLINE): 2682 - 6127

 

 

   

 

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