Entrepreneurial Intention among Polytechnic Students in Self- Efficacy and Social Networks

Abstract

This study was carried out to examine the role of self-efficacy and social networks on entrepreneurial intention among polytechnic students in Ile - Ife Osun state, Nigeria. Theory of Reasoned action was used as a theoretical framework for this study. A survey design was adopted. The data for this study was collected in 2018 via a purposive sampling technique, where 240 students (81 females and 159 males) with age range of 21–35 years (M = 23.61, SD = 2.63) were selected from one polytechnic. Inferential statistics (t-test for independent measure) was used to test the hypotheses in this study. Result showed that there was significant difference between entrepreneurial intention of polytechnic students with low self-efficacy and high self-efficacy. There was significant difference between entrepreneurial intention of polytechnic students with low social network and high social network. Therefore, to improve entrepreneurial intention among polytechnic students, psychologists should organize psycho-educational interventions aim at increasing self-efficacy and social networks of polytechnic students.

Entrepreneurial career choice intentions among secondary students in Colombia: the role of entrepreneurial exposure

“…With respect to career intention, Bacq et al (2016) suggest that individuals prefer to choose career paths that enable them to leverage their cognitive resources such as self-efficacy beliefs and avoid career paths for which they perceive a lack of self-perceived competencies or self-efficacy. Moreover, higher the self-efficacy beliefs, the more likely an individual is motivated towards the behaviour (Wood and Bandura, 1989;Ojewumi and Fagbenro, 2019). In a similar way, Boyd and Vozikis (1994) suggest that self-efficacy in early career should lead to strong EI.…”

Influence of Entrepreneurial Orientation on Firms Performance: Evidence From Small and Medium Enterprises in Nigeria

“…Therefore, the study of EO such as Lumpkin and Dess (1996) dimensions is relevant as many studies have supported that there is a relationship between EO and business performance. Studies have also confirmed businesses that exhibit a high-level EO often have superior performance with improvement in market share and a number of new innovative products, with services and processes experiencing growth (Zainol and Ayadurai, 2011;Mahmood and Hanafi, 2013;Arshad et al, 2014;Ojewumi and Fagbenro, 2019). Businesses require to be entrepreneurial for survival and growth, especially within industries with high dynamism (Teece, 2007).…”

“…Also, a vast number of studies on EO and business performance have been linked to having a positive association (Abubakar, 2011;Abu-Saifan, 2012;Igwe et al, 2019). On the other hand, there are also studies that revealed that EO does not have positive links to firms' performance (Zainol and Ayadurai, 2011;Mahmood and Hanafi, 2013;Arshad et al, 2014;Ojewumi and Fagbenro, 2019). In the same vein, some studies demonstrated that EO has an inconclusive impact on a firm's performance.…”

“…Since it was first introduced over three decades ago, the construct and expressions of EO have garnered considerable attention from researchers. In like manner, a number of studies have confirmed that EO is a necessity to any firm's success and translate to better business performance (Zainol and Ayadurai, 2011;Mahmood and Hanafi, 2013;Arshad et al, 2014;Ojewumi and Fagbenro, 2019). Walter et al (2006) opined that EO is required especially in volatile and uncertain environments laden with fast-changing technological advancements.…”

Study on Innovation Cultivation Model and Practice for Engineering Talents in Transnational Higher Education

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