LASU Journal of Employment Relations and Human Resource Management
(LJERHRM)
ISSN: 2705-3482
Volume 1, No. 1, December 2018
Pages 82-93
DOI: 10.36108/ljerhrm/8102.01.0101
ENTREPRENEURSHIP SKILLS DEVELOPMENT, RISK-TAKING PROPENSITY AND STUDENTS’ SELF- EMPLOYMENT INTENTION
OJAPINWA, AbimbolaFoluso1, FAPOHUNDA, T.M. (Ph.D)2, JAYEOBA, Foluso Ilesanmi (PhD)3
Department of Industrial Relations and Personnel Management, Faculty of Management Sciences, Lagos State University, Ojo1,2,3.
ojapinwaabimbola@gmail.com1,tkfap@yahoo.com2,Jay_ife@yahoo.com3
Abstract
This study investigated the influence of entrepreneurship skills development, risk taking propensity on students’ self-employment intentions. Using the descriptive survey research design, study population includes all 400 level students of Faculty of Management Sciences, Lagos State University, Ojo Campus. 254 students were selected using the purposive sampling technique. The formulated hypotheses were tested using the Pearson Product Moment Correlation and simple linear regression. The results showed that there was a positive relationship between entrepreneurship skills development and risk taking propensity (r=.19, p<.05).Also, there is a strong, positive and statistically significant influence of entrepreneurship skills development, risk taking propensity on 400 level students’ self-employment intentions. A significant regression coefficient was found F(2, 22)=17.21, p<.05), with R2 of .13. This presupposes that 13.0% of the variance in self-employment intentions is as a result of entrepreneurial skills development and risk taking propensity. The study therefore recommended amongst others that, programmes should be put in place to identify individuals with the necessary entrepreneurial characteristics at an early stage to provide the necessary support to develop them into successful entrepreneurs.
Keywords: Entrepreneurship Skills Development, Risk Taking Propensity, Self-employment Intention.