Skills Acquisition and Entrepreneurship Development in Nigeria

BAKO, YUSUF A and TAIWO, AKEEM A and MOHAMMED, Samuel Ramon and Olopade, Oluwaseun (2021) Skills Acquisition and Entrepreneurship Development in Nigeria. In: 2nd International Halich Congress, October 29-30, Istanbul, Turkey, 29-30 October, 2021, Istanbul, Turkey.

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Abstract

This study examined the effect of skills acquisition on entrepreneurship development in Nigeria. To achieve this purpose, the study employed survey research design and Simple random sampling techniques with aid of Krejcie and Morgan Model (1970) was adopted to select the sample size of (220) respondents for the study. The data collected through a structured questionnaire was analyzed through the use of Statistical Package for Social Science (SPSS),while Pearson’s correlation co-efficient as well as multiple regression analysis were used to test the hypotheses formulated, to determine whether significant relationship exist between Skills acquisition and entrepreneurship development in Nigeria. Consequently, the result of the findings revealed that there is a strong positive correlational relationship between entrepreneurial skills acquisition and entrepreneurship development in Nigeria .With the correlation co-efficient of 0.936, 0.863, and 0.827 respectively at 1% level of significance. Thus, the study concludes that entrepreneurial training is positively related to employment generation and entrepreneurship development. The more the youths develop entrepreneurial skills through trainings via necessary skills, the more their high level of efficiency in their chosen enterprise and the more they create employment opportunities for others and thus enhance entrepreneurship development in Nigeria. This study recommends that entrepreneurs should develop good mindset towards skills development in all concerned aspects of entrepreneurship to help in improving and increasing their capacity for job creation, self reliant and sustainability as well as economic growth. Keywords: Skills, acquisition, training, Orientation and Entrepreneurship development.

Item Type: Conference or Workshop Item (Paper)
Subjects: H Social Sciences > H Social Sciences (General)
Divisions: Faculty of Law, Arts and Social Sciences > School of Management
Depositing User: Unnamed user with email [email protected]
Date Deposited: 04 Mar 2023 17:59
Last Modified: 03 Apr 2023 12:05
URI: http://eprints.federalpolyilaro.edu.ng/id/eprint/2083

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