Akinbola, O. A. and Ogunnaike, O.O. and Amaihian, A. B. (2020) The Influence of Contextual Factors on Entrepreneurial Intention of University Students in Nigeria. In: Creating Global Competitive Economies: 2020 Vision Planning & Implementation, 2020, Online.
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Abstract
The idea of owning personal businesses has been of serious contention between the young graduates and the government globally due to high rate of unemployment in most economies of the world and it has been argued that contextual factors in relation to educational support, structural and informal networks have contributed enormously to the development of entrepreneurial intention. As such, this study tried to ascertain whether there is significant relationship between perceived educational supports and entrepreneurial intention of university students and also to determine the effect of informal networks on entrepreneurial intention of university students. Four hundred copies of questionnaire were administered to 2 selected universities in Lagos and Ogun state to get the primary data. The study found that entrepreneurial educational support has significant relationship with the entrepreneurial intention of university students. Also the study discovered that informal network have positive significant effect on entrepreneurial intention of university students to start their desired businesses. The study recommends that universities should establish entrepreneurial development centers that will serve as a platform where students with entrepreneurial intentions can start expressing their intentions and that parents, friends and relations of these students should provide necessary supports thereby helping the nation to reduce its unemployment and crime rate.
| Item Type: | Conference or Workshop Item (Paper) |
|---|---|
| Uncontrolled Keywords: | Entrepreneurial intentions; Informal networks; Perceived Educational support |
| Subjects: | H Social Sciences > H Social Sciences (General) H Social Sciences > HG Finance |
| Divisions: | Faculty of Law, Arts and Social Sciences > School of Social Sciences |
| Depositing User: | Patricia Nwokealisi |
| Date Deposited: | 13 Dec 2021 13:17 |
| Last Modified: | 13 May 2024 10:32 |
| URI: | http://eprints.covenantuniversity.edu.ng/id/eprint/15538 |
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