Entrepreneurship as Paradigm Shift to Unemployment Alleviation in Nigeria

Journal
Journal of Social Sciences and Management Studies
Publication Date
DOI
10.56556/jssms.v3i3.961
Language
EN
License
https://creativecommons.org/licenses/by-nc-nd/4.0

Keywords

  • Entrepreneurship
  • Unemployment
  • risk-taking and innovation
  • Poverty
  • Business Management
  • agency theory

Abstract

This study covered indicators for entrepreneurship and how they affect unemployment alleviation (UNA) in Nigeria. The sample included small and medium-sized business owners and managers in the Ukwani Local Government Area, as well as Delta State University students from Abraka, Delta State. A conventional 5-proposional scale inquiry was used to obtain respondents' opinions. SPSS 23 was used for the Statistical tests and the results show that entrepreneurial risk-taking, and entrepreneurial teaching curriculum, and cognitive attitudes toward entrepreneurship positively influence unemployment alleviation in Nigeria. The entrepreneurial teaching curriculum has the strongest effect, followed by risk-taking and innovation. Cognitive attitudes and intentions, while significant, play a comparatively smaller role. Overall, entrepreneurship is a viable strategy for addressing unemployment in Nigeria.This study recommends fostering an environment that supports risk-taking and invention to promote unemployment alleviation in an economy. Also, Educational institutions should integrate more comprehensive practical entrepreneurial curricula into their programs. Especially programs aimed at improving attitudes towards entrepreneurship and fostering positive intentions among potential entrepreneurs. Furthermore, the Nigeria government should encourage massive entrepreneurial campaign in NYSC programme with the aim of changing their attitude of seeking white-collar jobs and being an employee rather to imbibe an attitude of the provider of goods and services to people through entrepreneurship. 

Download PDF View Original Article

Cite This Article

Imene, A., & Denedo, E. N. (2024). Entrepreneurship as Paradigm Shift to Unemployment Alleviation in Nigeria. Journal of Social Sciences and Management Studies. https://doi.org/10.56556/jssms.v3i3.961