PERCEIVED ENTREPRENEURSHIP COMPETENCIES REQUIRED BY BUSINESS EDUCATION STUDENTS IN ESTABLISHING SMALL SCALE VENTURES IN KWARA STATE
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Date
2020-08-01
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Department of Business and Entrepreneurship Education, Kwara State University, Malete
Abstract
The study investigated perceived entrepreneurship competencies required by business education
students for establishing small-scale ventures in Kwara State. Descriptive survey research
design was employed for the survey. A total of 205 comprising 39-business education lecturers
and 166 entrepreneurs in Ilorin metropolis made up the population for the study. Three research
questions and three null hypotheses guide the conduct of the study. The instrument used for data
collection was a questionnaire with Cronbach reliability coefficient of 0.86. The method used for
analyzing the data collected for the study was mean and standard deviation for the research
questions and t-test was used to test the null hypotheses at the 0.05 level of significance. The
result of the data collected and analyzed indicated that managerial skill, Information and
communication technology skills and marketing skills are required by business education
students in establishing small-scale venture as perceived by business education lecturers and
entrepreneurs. The result of the test of the null hypothesis showed significant difference in the
mean rating of lecturers and entrepreneurs. It was concluded that entrepreneurial skills are
highly required for establishing small-scale ventures. It was recommended among others that
undergraduates in Business education should strive towards skill acquisition because success
and progress in the world of work and becoming self-employed, self-reliant is dependent on the
skills and abilities possessed.
Keywords: Entrepreneurship, Competencies, Small Scale, Business Education