ENVIRONMENTAL CONSTRAINTS AND SMALL SCALE ENTERPRISES START-UP INTENTION AMONG VOCATIONAL TRAINEES IN LAGOS STATE, NIGERIA

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Date
2016
Authors
Sulaimon, A.A.
Olayiwola, P.O.
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Abstract
The study examined possible environmental constraints that may hinder vocational trainees from starting a business of their own. The research design used for the study was survey design. A modified Likert type structured questionnaire was administered to the Lagos state vocational trainees at the various centres within the state. A total of 591 copies of the distributed questionnaire were found useful. Hypotheses raised were tested using Spearman rho correlations. The study revealed difficulty inaccessibility to startup capital and inconsistent government policies, though positive, but does not significantly affect business start-up intention, while epileptic electricity supply is positively and significantly related to business start-up intention. It is therefore recommended that government at all levels need to facilitate accessibility to start-up capital for upcoming entrepreneurs and improve power supply. In addition, there is a need for specific government policies, directed towards encouraging small scale enterprises. For example, the development and establishment of incubating centres for new businesses to enjoy relatively cheaper costs of infrastructural facilities and professional services. Non-governmental organisations can partner with the government to provide these services to small scale enterprises.
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Keywords
Environmental constraints , Start-up capital , Electricity supply , Government policies , Startup intention , Research Subject Categories::SOCIAL SCIENCES::Business and economics::Business studies
Citation
Sulaimon, A.A. and Olayiwola, P.O. (2016). Environmental Constraints and Small Scale Enterprises Start-up Intention Among Vocational Trainees In Lagos State, Nigeria. Ago-Iwoye Journal of Social and Behavioural Sciences 5, (1) 112-127