IMPACT OF ENTREPRENEURIAL SKILLS ACQUISITION ON ENTERPRISE CREATION IN NIGERIAN UNIVERSITIES
IMPACT OF ENTREPRENEURIAL SKILLS ACQUISITION ON ENTERPRISE CREATION IN NIGERIAN UNIVERSITIES

Summary/Abstract: Graduate unemployment has been on the increase despite enormous endowments of the country in human, material and natural resources. The Nigerian labor market is currently offering only a few job opportunities for University graduates in Nigeria. The need for entrepreneurship is a pivotal measure at reducing the rapid increase in graduate unemployment in the country which is therefore imperative. Entrepreneurial skills acquisition seeks to promote and encourage university graduates through the development of a broad private sector within the manufacturing and service industries which are geared towards improving competitiveness of small and medium scale enterprises and supporting the growth of new enterprises. The objective of this study is to evaluate whether entrepreneurial skill acquisition have effect on students’ enterprise creation. The study applied 20 in-depth interviews using thematic analysis with the help of Nvivo2.0 for qualitative data. The study found a significant relationship between the observed variables. The study concluded that there is a positive relationship between entrepreneurial skill acquisition and enterprise creation ability of University students in Nigeria. The study thus, recommended that universities should encourage entrepreneurial skills acquisition as it contributes to enterprise creation when it creates job opportunities.

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