ENTREPRENEURSHIP EDUCATION AND ENTREPRENEURIAL SUCCESS: AN EXPLORATORY ANALYSIS

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2012-02-13

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Department of Enterprenuership, Nasarawa State University, Keffi

Abstract

This is an empirical study investigating the impact of entrepreneurship education on entrepreneurial success. The study involved the identification of entrepreneurial factors and the empirical findings supporting the potency of entrepreneurial education to impact on business performance. Both primary and secondary data were used. Descriptive statistics and frequencies were performed on the data. There is research evidence accounting for the role of individual and environmental factors in determining business performance. The delivery of entrepreneurship education influences individual characteristics of entrepreneurs but not all environmental factors can be influenced by entrepreneurship education. An environmental factor like entrepreneur's network is developable through entrepreneurship education. This paper concludes that entrepreneurial success is impacted by entrepreneurship education to the extent of development of individual and environmental entrepreneurial characteristics. The synergy of entrepreneurship education and business success can be enhanced by identifying business success factors as basis for entrepreneurship education.

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Robinson, P.B., Stimpson, D.V., Huefner, J.C., & Hunt, H.K. (1991), An attitude approach to the prediction of entrepreneurship, Entrepreneurship Theory and Practice, 15(4). Shaver, K.G. & Scott, L.R. (1991). "Person, Process, Choice: The Psychology of New Venture Creation", Entrepreneurship Theory and Practice. Winter. Stewart, W.H. & Roth, P.L. (1999). Risk propensity differences between entrepreneurs and managers: A Meta analytic view. Arthur M. Spiro Centre for Entrepreneurial Leadership. Working Paper Number: 99-101. Stewart, W.H., Watson, W.E.* Carland, J.C., & Carland, J.W. (1999). A proclivity for entrepreneurship; a comparison of entrepreneurs, small business owners, and corporate managers. Journal of Business Venturing, 12(2). Stumpf, S.S. Dunbar, R.L., and Mullen, T.P. (1991). Simulations in entrepreneurship education: Oxymoron or untapped opportunity? Frontiers in Entrepreneurship Research. Walstad, W. & Kourilsy, M.L. (1998), Entrepreneurial Attitudes and knowledge of black youth, Entrepreneurship Theory & Practice, 23(2). Young, N. 1998. "The Structure and Substance of African American Entrepreneurial Networks: Some Preliminary Findings", Frontiers of Entrepreneurship Research, edited by Reynolds et al. USA: Babson University..

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https://keffi.nsuk.edu.ng/handle/20.500.14448/2228

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