Banking and Finance - Scholarly Publications
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- ItemOpen AccessThe Role of Universities and Colleges in Fostering Entrepreneurship in Nigeria.(2010) Owualah, S.I; Mojekwu, J.N.Following on previous studies on the role of entrepreneurship education on the likelihood of small business start-ups this study appraises the role and problems of universities and colleges in fostering entrepreneurship using a sample of students and faculty members in selected tertiary educational institutions in Nigeria. The study was conducted with 571 final year students and 52 past and present deans/heads of departments in the faculties/schools of business, engineering and science in 6 selected tertiary institutions. The results reveal the 5 factors likely to influence the offering of entrepreneurship courses as faculty resistance,competence and interest, availability of time, funding and location. There was generally strong agreement among the students that the academic curriculum plays only a moderate role in influencing them in seeking a career in entrepreneurship currently. Further research is needed using a sample drawn from a larger number of tertiary institutions. The findings are important for policy making in order to increase interest in entrepreneurship among prospective graduates and to ensure the long-term and sustained supply of entrepreneurs especially technical entrepreneurs.