Motivation for Entrepreneurial Engagement among Youths in Ogun State: Push and Pull Factors Analysis
Tajudeen Adisa Jimoh and
Adewale Bashir Adebayo
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Tajudeen Adisa Jimoh: Office Technology and Management Department, The Federal Polytechnic, Ilaro, Nigeria
Adewale Bashir Adebayo: Registry Department, The Federal Polytechnic, Ilaro, Nigeria
International Journal of Research and Innovation in Social Science, 2021, vol. 05, issue 12, 534-540
Abstract:
This study was carried out to determine the factors responsible for the motivation of youths into entrepreneurship. It assessed the motivational impact of push and pull factors on the youths’ entrepreneurial engagement. The study was carried out in Ogun State and the population comprised all youth entrepreneurs in the State. It is an ex post factor in design but employed survey approach with the use of questionnaire for data collection. A cross-sectional survey of 300 youth entrepreneurs from the three senatorial districts of the state was done in which 100 youth entrepreneurs were randomly selected from each of Ogun West, Ogun East and Ogun Central Districts. Descriptive and inferential analysis of data collected revealed higher relative contribution of push factors to the entrepreneurship engagement of the youths than the pull factors. This informed the conclusion that entrepreneurship engagement of the youths was largely stimulated by negative economic situations and compelling factors such as unemployment, job insecurity, economic hardship, poor conditions of available jobs, etc. Among others, it was recommended that governments and stakeholders in national economic building and development should put mechanisms in place towards providing support, enablement and appealing conditions capable of igniting youths’ passion for entrepreneurship as desirable alternative for their economic engagement and productive living.
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:bcp:journl:v:5:y:2021:i:12:p:534-540
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