ProjectClue.com We're Ready, Call Us

(+234) 07030248044

Project Topic:

ENTREPRENEUR COMPETENCY REQUIRED BY BUSINESS EDUCATION STUDENT IN ESTABLISHING SMALE SCALE VENTURES IN AKWA IBOM STATE

Project Information:

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 74 ::   Attributes: Questionnaire, Data Analysis,Abstract  ::   2,735 people found this useful

Project Department:

BUSINESS EDUCATION UNDERGRADUATE PROJECT TOPICS, RESEARCH WORKS AND MATERIALS

Project Body:

CHAPTER ONE

INTRODUCTION

1.1   BACKGROUND TO THE STUDY

Entrepreneurship is now seen as an important component within contemporary economic development of a nation. Its critical role to the economy of nations is now widely acknowledged within the literature. Experts in the field were of the opinion that entrepreneurship is regarded as a catalyst for economic growth, employment and wealth creation, Henry, et al (2003). Furthermore, the European Commission (2003) shared the same view and in addition suggests that entrepreneurship is a major driver of innovation, competitiveness and economic strength of a modern nation. They further emphasize the important role which business education has in the development of entrepreneurial mindsets and talents especially in enhancing entrepreneur competency.

Business education is a widely given high scores on the agenda of many governments. Such governments depend on the development of entrepreneurship through business education as the major source for their economic prosperity, growth and development. It is a kind of new concept which signifies not only quality education but also pay attention to the development of an individual practical ability and competency of students. It is also described as a new method of teaching that promotes students innovative spirit, skills and attitudes which consequently make them after graduation to suitable career and become professional business creator, European Commission, (2003) concluded.

This growth in business education in enhancing entrepreneur competency is reflected internationally. For example the European Commission (2008a) observes that almost half of Europe’s students at tertiary institutions have full access to business education to enhance their innovative competencies in establishing small venture after graduation. In a related development, Khan and Almoharby, (2007) highlight the rapid development of the course in Malaysia, Thailand and the Philippines. The European Commission (2004a), for example, posits that entrepreneurship is one of the key components to be included in current educational systems in order to prepare people for successful participation in society. In fact, the contribution of business education in promoting entrepreneurship to the world economy is well recognized.

Certainly business education is considered as a complex subject to study in the context of teaching and learning because it depends on the individuals self regulated actions and characteristics that may not be easy to influence. It is against this background that, there is still ongoing debate whether we can teach students to become competent entrepreneur (Fiet, 2004). However, there is now a consensus, in the literature at least, that business education can be taught and the debate has now shifted to what should be taught and how it should be taught (Ismail, 2011).

It is now generally agreed that most of researches conducted on business education have focused on course contents, pedagogical and audience characteristics. In this respect, the effectiveness of business education can also be measured in terms of teachers‟ entrepreneurial competencies. The development of business education however, is not as institutionalized as the development of education for the traditional management courses. Educators who hold master’s and doctorate degrees in entrepreneurship are very rare all over the world. In addition, the uniqueness of the students‟ needs and the course requirements entails specific and special teaching skills to match the two. One of the perceived tools to address and match these basic education needs is to first conduct an analysis of entrepreneurial competencies, Gatchalian, (2010).

A research conducted in Malaysia indicates that teaching approaches appear to be inappropriate and educators do not appear to have relevant skills, knowledge or training. There are so many shortcomings and challenges which the entrepreneurship educators are facing (Ismail, 2010). The aim of the study is to examine the entrepreneur competencies required by business education students in establishing small scale ventures in Akwa Ibom state.

.1.2   STATEMENT OF THE PROBLEM

For many developing countries, development of entrepreneurial competencies has been a powerful engine of economic growth and wealth creation, and is crucial for improving the quality, number and variety of employment opportunities for the poor. It has several multiplier effects on the economy, spurs innovation, and fosters investment in people, which is a better source of competitive advantage than other natural resources, which can be depleted. Entrepreneurial competencies in business education students will enable them to create new enterprises, new commercial activities, and new economic sectors. They generate jobs for others; they produce goods and services for society; they introduce new technologies and improve or lower cost outputs; and they earn foreign exchange through export expansion or substitution of imports.

According to (Abdullahi, 2008) for countries to accelerate their economic growth and development, it is necessary for them to build up critical mass of first generation entrepreneurs because development is now being linked more and more to entrepreneurs. It stands as a vehicle to improve the quality of life for individuals, families and to sustain a healthy economy and environment. This can lead to economic development and the advancement private enterprises.

1.3   OBJECTIVES OF THE STUDY

The following are the objectives of this study:

  1. To examine the entrepreneur competencies required by business education students in establishing small scale ventures.
  2. To identify the factor limiting the development of entrepreneurial competencies in business education.
  3. To determine the factor hindering the establishment of small scale ventures in Akwa Ibom State.

1.4   RESEARCH QUESTIONS

  1. What are the entrepreneurial competencies required by business education students in establishing small scale ventures?
  2. What are the factors limiting the development of entrepreneurial competencies in business education?
  3. What are the factors hindering the establishment of small scale ventures in Akwa Ibom State?

1.6   SIGNIFICANCE OF THE STUDY

The following are the significance of this study:

  1. Findings from this study will educate the general public on the ability of business education in equipping students with entrepreneurial competencies with a view of drawing the interest of many youths towards studying business education to be future entrepreneurs.
  2. This research will be a contribution to the body of literature in the area of the effect of personality trait on student’s academic performance, thereby constituting the empirical literature for future research in the subject area.

1.7   SCOPE/LIMITATIONS OF THE STUDY

This study will cover the curriculum of business education with a view of ascertaining if it is capable of developing entrepreneurial competency in students.

LIMITATION OF STUDY

Financial constraint- Insufficient fund tends to impede the efficiency of the researcher in sourcing for the relevant materials, literature or information and in the process of data collection (internet, questionnaire and interview).

 Time constraint- The researcher will simultaneously engage in this study with other academic work. This consequently will cut down on the time devoted for the research work.

 

REFERENCES

European Commission, (2003a) Green paper Entrepreneurship in Europe (Internal) Available from http://ec.europa.eu/invest-inresearch/pdf/download.

European Commission (2003b) Creating entrepreneurial Europe-The activities of European Union for small Union for small and medium enterprises (SMEs) http//www.ukie.gov.pl/HLP/files.nsf

European Commission. 2004. Making Progress in Promoting Entrepreneurial Attitudes and Skills through Primary and Secondary Education. Final report of the expert group“ Education for Entrepreneurship”. Enterprise Directorate General of the European Commission. Brussels, Belgium.

European Commission, (2008a) Entrepreneurship in higher education, especially within non-business studies, European Commission, Brussels.

Fiet J O, et al., (20004) Systematic Search by repeat entrepreneurs. In J (Butler Research in Entrepreneurship & Management). Greenwhich , CT: Information Age Publication.

Ismail, M,Z (2010). Developing Entrepreneurship Education: Empirical Findings from Malaysian Polytechnic. (Doctoral Dissertation, the University of Hull United Kingdom.

Gatchalia, M.LB. (2010) The International Journal of Research and Review. Volume5, Time Taylor International

Henry. C., Hill. F and Lettch. C. (2003) “Entrepreneurship Education and Training,”Ashgate Publishing Limited, England.

Get the complete project »

Instant Share On Social Media:

OTHER SIMILAR BUSINESS EDUCATION PROJECTS AND MATERIALS

ENTREPRENEURIAL EDUCATION AS A TOOL FOR REDUCING UNEMPLOYMENT IN NIGERIA

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 60 ::   Attributes: Questionnaire, Data Analysis,Abstract

CHAPTER ONE INTRODUCTION 1.1 BACKGROUND TO THE STUDY Entrepreneurial education is the incorporation into the student syllabus steps involved in starting a new business based on a recognized busines...Continue reading »

THE EFFECT OF ADVERTISEMENT ON THE SUCCESS OF A BUSINESS ORGANIZATION (A CASE STUDY OF NIGERIA BOTTLING COMPANY PLC, IBADAN)

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: N/A ::   Attributes: Questionnaire, Data Analysis,Abstract  ::   7230 engagements

CHAPTER ONE BACKGROUND OF THE STUDY Cocoa-cola is the world leading oft drink. It is sold in more than one hundred and forty-five countries. A total of two hundred and fifty million liquid content ar...Continue reading »

ENTREPRENEURIAL EDUCATION AS A TOOL FOR REDUCING UNEMPLOYMENT IN NIGERIA

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 60 ::   Attributes: Questionnaire, Data Analysis,Abstract

CHAPTER ONE INTRODUCTION 1.1 BACKGROUND TO THE STUDY Entrepreneurial education is the incorporation into the student syllabus steps involved in starting a new business based on a recognized busines...Continue reading »

BUSINESS CREDIT AVAILABILITY AND ITS IMPACT ON SMALL AND MEDIUM SCALE ENTERPRISES IN NIGERIA

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 58 ::   Attributes: Questionnaire, Data Analysis,Abstract

CHAPTER I 1.0 INTRODUCTION For both developing and developed countries, small and medium scale firms play importantroles in the process of industrialization and economic growth. Apart from increasin...Continue reading »

FACTORS AFFECTING THE PERFORMANCE OF SMALL AND MEDIUMSCALE BUSINESSES IN UYO LGA

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 75 ::   Attributes: Questionnaire, Data Analysis,Abstract  ::   6344 engagements

CHAPTER ONE 1.0 INTRODUCTION Small and medium scale business constitutes the highest percentage of business establishments in the country both at the national, state and local levels. Since they ar...Continue reading »

PROBLEMS AND PROSPECTS OF SMALL AND MEDIUM ENTERPRISES IN NIGERIA.

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 80 ::   Attributes: Questionnaire, Data Analysis,Abstract  ::   3904 engagements

CHAPTER ONE BACKGROUND In recent years, particularly since the adoption of the economic reform programme in Nigeria in 1986, there has been a decisive switch of emphasis from the grandiose, capital i...Continue reading »

What are looking for today?

WHAT OUR CUSTOMERS ARE SAYING:
  • 1. Jeremiah Oboite from University of Lagos said "Thank you for such a good work, I have gone through it and it is really good. I appreciate the effort. God bless. Regards".
    Rating: Excellent
  • 2. Maduka Austin from University Of Nigeria Nsukka said "Thank you for your sincerity and prompt delivery, i tell you, you guys will go places if you maintain your sincerity and continue like this. I will recommend anyone to patronize you. God bless you guys ".
    Rating: Excellent
  • 3. Hassan Dardisu from Maryam Abacha American University Niger said "This’s very wonderful experience. ".
    Rating: Excellent
  • 4. Hassan Dardisu from Maryam Abacha American University Niger said "This’s very wonderful experience. ".
    Rating: Excellent
  • 5. Jamilu Idris Muhd from Sule Lamido University Kafin Hausa said "very wonderful effort".
    Rating: Excellent
  • 6. Abubakar Khalifah @Pkhal_Official from Bayero university kano (BUK) said "Indeed very knowledgeable and helpful. EXCELLENT!!!".
    Rating: Excellent

Leave a comment: