BUSINESS EDUCATION GRADUATE ENTREPRENEURS’ RATING OF FINANCIAL MANAGEMENT AND INNOVATIVE THINKING SKILLS UTILIZATION IN ENTREPRENEURAL VENTURES IN NORTH CENTRAL STATES, NIGERIA
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Date
2018
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Abstract
The study investigated NCE business education graduate entrepreneurs’ ratings of financial management and
innovative thinking skills utilization in entrepreneurial ventures in North Central States, Nigeria. The study which
employed a descriptive survey identified two entrepreneurial skills which were financial management and
innovative thinking skills. Two research questions and two hypotheses were formulated for the study. The
entire registered 149 NCE business education graduate entrepreneurs operating in the North Central States, Nigeria constituted the population of the study. There was no sampling since the entire population was
considered manageable. 30-item structured questionnaire titled Questionnaire on Entrepreneurs’ Rating ofEntrepreneurial Skills Utilization in Entrepreneurship (QERESUE) was adopted for the study. The reliability of the instrument was ascertained using Pearson Product Moment Correlation Coefficient to obtain r- coefficient of 0.77 and 0.82, respectively for clusters B1and B2 of the questionnaire. The questionnaire was distributed to the 149 NCE business education graduate entrepreneurs in the North Central States, Nigeria. Four copies of the questionnaire were not returned and so 145 copies were used for the study. Theresearch questions were analyzed using descriptive statistics of mean and standard deviation. t-test and ANOVAwere used to test the null hypotheses of the study at a 0.05 level of significance. The findings of the studyrevealed that financial management skills were sometimes utilized in entrepreneurship, while Innovative thinking skills were often used. With respect to the findings, the following recommendations were put forward, among which was that institutional authorities in collaboration with the National Commission for Colleges of Education (NCCE) should, as a matter of policy institute regular training in entrepreneurial skills development for all teachers of business education to enable them acquire adequate knowledge of financial management skills and innovative thinking skills so as to be in a better position to impact it effectively for optimal utilization.