Envisaging the Impact of Entrepreneurial Culture on Venture Creation among Undergraduate Students of Selected Universities in Nigeria

Augustina Esitse Dada (), Omotayo Adeniyi Adegbuyi, Mercy E. Ogbari, Odunayo Paul Salau, Tolulope Morenike Atolagbe, Oluwakemi Oluwafunmilayo Onayemi and Abimbola Oluwaseun Oladotun
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Augustina Esitse Dada: Department of Business Management, Covenant University, Ota 112233, Nigeria
Omotayo Adeniyi Adegbuyi: Department of Business Management, Covenant University, Ota 112233, Nigeria
Mercy E. Ogbari: Department of Business Management, Covenant University, Ota 112233, Nigeria
Odunayo Paul Salau: Department of Business Management, Covenant University, Ota 112233, Nigeria
Tolulope Morenike Atolagbe: Department of Business Management, Covenant University, Ota 112233, Nigeria
Oluwakemi Oluwafunmilayo Onayemi: Department of Business Management, Covenant University, Ota 112233, Nigeria
Abimbola Oluwaseun Oladotun: Department of Business Management, Covenant University, Ota 112233, Nigeria

Sustainability, 2023, vol. 15, issue 15, 1-16

Abstract: Entrepreneurship is critical to the development of modern complex societies, not just for their survival but also for their long-term viability. Knowing the importance of entrepreneurship to the development of an economy brought about the introduction of entrepreneurship education into tertiary institutions in Nigeria. However, the restricted way entrepreneurship education is usually taught and practised has not helped undergraduates to imbibe an entrepreneurial culture and create a venture while at university. To close these gaps, the current study envisaged the impact of entrepreneurial culture and venture creation among undergraduate students of selected public universities in the South West region of Nigeria. Specifically, the purposive sampling technique was adopted to select the participants from selected universities in the South West region of Nigeria that offers entrepreneurship as a degree programme. A total of 450 questionnaires were administered. A total of 396 copies of questionnaires were returned valid and confirmed as fit for analysis, representing an 88% response rate. The data collected were analysed using structural equation modelling. The findings from this study concluded that students who exhibit entrepreneurial attributes, values, and mindset are more likely to be entrepreneurs than students who do not. This study recommends that universities work harder to promote entrepreneurial culture by focusing entrepreneurship education more on practical application.

Keywords: academic entrepreneurship; entrepreneurial culture; entrepreneurship education; venture creation (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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