MENTORSHIP AND INTERNSHIP AS CORRELATE OF BUSINESS START-UPS AMONG YOUNG PEOPLE IN LAGOS STATE, NIGERIA
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Date
2023-03-13
Authors
Yinusa, Oyekunle
Journal Title
Journal ISSN
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Publisher
Nigerian Online Journal of Educational Sciences and Technology (NOJEST)
Abstract
The rise of business startups in Nigeria have been threatened by the inability to
remain viable and stand the test oftime in the competitive market. This has resulted
in many startups folding up nearly daily. The study therefore aims to examine
mentorship and internship as correlate of business startups among young people in
Lagos state, Nigeria. Two research questions were answered. Descriptive survey
research design was employed for this study. The population of the study
comprised graduates of a training institute with specific focus on potential
entrepreneurs, and the coordinators of Lagos State Chamber of Commerce and
Industry (LSCCI), and Bank of Industry (BOI) respectively who oversee training
and development units. To gather information from characteristics that can give
relevant and useful responses to the research questions, purposive sampling
technique was deployed to select 10 respondents each from LSCCI and BOI, and a
coordinator each from these two government agencies. In all, 22 respondents were
selected for this study comprising of 20 trainees and two coordinators. Interview
was used for gathering of qualitative data to establish how mentorship and
internship serve as correlate for business startups among young people. The
analysis of the qualitative data was done using thematic analysis. Findings from
the study reveal that mentorship has improved the orientation and skills of young
people towards start-ups, and that internship has relationship with the start-ups
among young persons in Lagos. The study concluded that mentorship and
internship have relationship with start-ups among young people in Lagos, but it is
obvious that mentorship has more influences. The study therefore recommended
among others that, mentorship and internship programmes be strongly promoted in
the higher institutions of learning.
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Citation
Yinusa, O (2023). Mentorship and internship as correlate of business start-ups among young people in Lagos State, Nigeria. Online Journal of Educational Sciences and Technology (NOJEST), 5 (1), 125-142