The influence of self-efficacy and socio-demographic factors on the entrepreneurial intentions of selected Youth Corp members in Lagos, Nigeria

• Authors: Alausa Waheed Moa-Liberty , Arogundade Odunayo Tunde , Odunuga Lateefat Tinuola
• Languages of publication: EN

Abstracts

EN

This study examines the influence of self-efficacy and socio-demographic factors on the entrepreneurial intentions of selected Youth Corp members. The study adopted a cross-sectional survey design and a sample size of 300 National Youth Service Corp members were randomly selected in the five divisions of Lagos State with ages ranging from 18 to 30. Three hypotheses were tested using multiple regression and t-tests. The results show that there is a significant joint influence of sex, age, ethnicity and self-efficacy on entrepreneurial intentions (r2 = 0.90; P <.01]; male participants are more susceptible to entrepreneurial intentions than their female counterparts [t = 26.46, P <.01] and that Youth Corp members with a high self-efficacy rate significantly higher on entrepreneurial intentions (t = 25.09, P <.01]. Based on these findings, the study recommended that a self-efficacy programme should be included in the school curriculum so as to enhance entrepreneurial intentions among fresh graduates and, by so doing, reducing the high rate of unemployment in society. It was also recommended that future studies should use a larger sample and explore experimental methods so as to see if a causal relationship can be established among variables.

Keywords

EN

self-efficacy; socio-demographic factors; entrepreneurial intentions; Youth Corps

• Publisher: Sciendo
• Journal: Bulletin of Geography. Socio-economic Series
• Year: 2016
• Volume: 34
• Issue: 34
• Pages: 63-71

Dates

published

2016-12-01

received

2015-02-05

revised

2015-07-10

accepted

2015-12-01

online

2016-07-26

Contributors

author

Alausa Waheed Moa-Liberty

• Lagos State University, Department of Psychology, Ojo, Lagos, Nigeria

author

Arogundade Odunayo Tunde

• Redeemers University, Department of Behavioural Studies, Ede, Osun State, Nigeria

author

Odunuga Lateefat Tinuola

• Lagos State University, Department of Psychology, Ojo, Lagos, Nigeria

References

• Adejumo, G., 2001: Indigenous entrepreneurship development in Nigeria: characteristics, problems and prospects. In: Advances in Management: Journal of Department of Business Administration, Vol. 2 (1), pp. 112-122.
• Allen, E., Minnit, M. and Langouitz, N., 2006: Global Entrepreneurship Monitor, 2005 Report on Women and Entrepreneurship: GEM Publication.
• Bagby, R.D., 2004: Enhancing Succession Research in the Family Firm: A commentary on Toward an Integrative Model of Effective FOB Succession. In: Entrepreneurship Theory and Practice, Vol. 28 (4), pp. 329 -333.[Crossref]
• Bandura, A., 2002: Self-efficacy: toward a unifying theory of behavioural change. Psychological Review, Vol. 84, pp. 191-215.[Crossref]
• Bates, T., 2002: Self-employment entry across Industry groups. In: Journal of Business Venturing, Vol. 10 (2), pp. 143-156.[Crossref]
• Baum, J. and Locke, E.A., 2004: Nationality and work role interactions cultural contrast of Israeli and US entrepreneurs’ vs. managers’ needs. In: Journal of Business Venturing, Vol. 9, pp. 7-31.
• Bird, B., 1988: Implementing Entrepreneurial Ideas: The Case for Intention. Academy of Management Review, Vol. 3, pp. 1-12.
• Boyd, N. and Vozikis, G., 2000: The Influence of Self-Efficacy on the Development of Entrepreneurial Intentions and Actions. In: Entrepreneurship Theory and Practice, Vol. 18, pp. 311-310.
• Carter, N.M., Gartner, W. B., Shaver K.G. and Gatewood E.J., 2003: The career reasons of nascent entrepreneurs. In: Journal of Business Venturing, Vol. 18 (1), pp. 13-39.[Crossref]
• Chris, J.A., 2010: Tracking student Entrepreneurial potential: Personal Attributes and the propensity for Business Start-Ups after Graduation. In: Journal of problems and perspectives in management, Vol. 6 (4), pp. 15-29.
• Davidsson, P. and Delmar, M., 2000: Expected Consequences of Growth and Their Effect on Growth Willingness in Different Samples of Small Firms. In: Frontiers of Entrepreneurship Research, Wellesley, MA: Babson College.
• Evans, D., 2003: A cross-cultural learning strategy for entrepreneurship education: outline of key concepts and lessons learned from a comparative study of entrepreneurship students in Lagos and Ogun state, Nigeria. In: Technovation, Vol. 23, pp. 757-771.[Crossref]
• Ferdinard, J.M., 2001: The proactive personality scale as a predictor of entrepreneurial intentions. In: Journal of Small Business Management, Vol. 34, (2), pp. 42-49.
• Gelin, M., 2005: The Importance of Gender in Starting and Managing a Small Business. In: Houston Psychiatric Society, Vol. 21, pp. 17-31.
• Gulruh, M.J., 2010: Perspectives from the field: Will recent public policies reduce entrepreneurship in the healthcare industry? In: International Journal of Public Administration, Vol. 29, pp. 479-488.
• Hisrich, R.D., Micheal P.P. and Shepherd, D.A., 2008: Entrepreneurship. Boston: McGraw-Hill.
• Hisrich, R.D., and Peters, M.P. 2002: Entrepreneurship (5th ed.). New York: McGraw-Hill.
• Kapp, W.J., 2003: Entrepreneurship: Productive, unproductive, and destructive. In: Journal of Political Economy, Vol. 98 (5), pp. 893-921.
• Kourilsky, M. L., and Walstad, W.B., 2003: Entrepreneurship and Female youth: knowledge, attitude, gender differences, and educational practices. In: Journal of business venturing, Vol. 13 (1), pp. 77-88.[Crossref]
• Krueger, N.F., 2005: The cognitive infrastructure of opportunity emergence. In Acs, Z.J. and Audrestech, D.B., (Eds.), Handbook of Entrepreneurship research: An inter-disciplinary Survey and Introduction, pp. 106-110.
• Krueger, N.F., 2003: The impact of prior entrepreneurial exposure on perceptions of new venture feasibility and desirability. In: Entrepreneurship Theory & Practice, Vol. 5, pp. 5-21.
• Kuratko, D., 2006: A tribute to 50 years of excellence in entrepreneurship and small business. In: Journal of small business management. Vol. 14, pp. 133-141.
• Low, M.B. and Macmillan, I.C., 2000: Entrepreneurship: Past Research and Future Challenges. In: Journal of Management, Vol.14, pp. 2-15.
• Lüthje, C., & Franke, N., 2004: Entrepreneurial intentions of business students: a benchmarking study. International Journal of Innovation & Technology Management. Vol. (33), pp. 135-147.
• Macke D & Markley D., 2003: Readiness for Entrepreneurship. In: Tools for energizing Entrepreneurship, Centre for Rural Entrepreneurship, pp. 1-4.
• McGrath, R., MacMillan, I., and Scheinberg, S., 1992: Elitists, risk-takers, and rugged individualists? An exploratory analysis of cultural differences between entrepreneurs and non-entrepreneurs. In: Journal of Business Venturing, Vol. 7, pp. 115-135.[Crossref]
• Oviawe, I., 2010: Survey of Small and Medium Scale Industries and Their potentials in Nigeria. CBN Seminar on Small and Medium Industries Equity Investments Scheme.
• Reynolds, P.O., Bygrave, W.D. and Autio, E., 2004: Gem 2003 Global Report.
• Reynolds, P.O., 2004: Sociology and Entrepreneurship, Concept and Contributions: Entrepreneurship. Theory and Practice, Vol.16, pp. 2.
• Schame, S.A., 2002: Why do some Societies Invent more than others? In: Journal of Business Venturing, Vol. 7(1), pp. 29-46.
• Wang, C. and Wong, J., 2006: Ownership Motivation and Strategic Planning in Small Business. In: Journal of Asia Entrepreneurship and Sustainability, Vol. 11(4), pp. 23-35.
• Wiklund, J. and Shepherd, D.A., 2005: Entrepreneurial Small Business: A Resource-Based Perspective. Chelternham, UK: Edward Elger Publishing.

Identifiers

DOI

10.1515/bog-2016-0035