Entrepreneurial Self-Efficacy for Entrepreneurial Readiness in a Developing Context: A Survey of Exit Level Students at TVET Institutions in Nigeria

Abstract

Entrepreneurial self-efficacy (ESE) has been described as the cognitive element that can stimulate entrepreneurial readiness. There is a paucity of research on whether graduates of Technical and Vocational Education and Training (TVET) institutions in Nigeria are entrepreneurially ready for future work, particularly in the field of entrepreneurship. Previous studies have noted that individuals will not take entrepreneurial action until certain personality traits are triggered. This study investigated the entrepreneurial readiness of exit level students using ESE task phases at three selected TVET institutions in Nigeria. It will assist policymakers in identifying the specific cognitive traits that can stimulate entrepreneurial behavior in students. A sample of 301 exit level students was selected from a target population of 1,212 using a convenience sampling technique. Only 289 students participated in the study. The quantitative data was analyzed using Pearson Product Moment Correlation to test the relationships among variables, and regression analysis was conducted to determine the level of influence between ESE and entrepreneurial readiness. The study found that, while other components of ESE positively impact students’ entrepreneurial readiness, ESE marshaling does not have a significant impact. While all the other pairs of ESE show significant relationships with the male students’ entrepreneurial readiness, only ESE implementing has a significant relationship with the female students’ entrepreneurial readiness. We thus conclude that the entrepreneurship education curriculum at the selected TVET institutions is not adequately addressing training in ESE marshaling skills. The implication for practice is that entrepreneurship training should focus on building economic resources skills for business start-ups.

Navigating the future workplace

“…This study posits that it is imperative for businesses to prioritise training and development as a fundamental principle and integral component of their organisational culture in order to mitigate the issue of "if you don't train them, don't blame them." Adeniyi et al (2022) and Doan (2022) propose the integration of curriculum that foster innovative and creative thinking inside the Nigerian technical education system as a means to enhance organisational performance. It is imperative for educational institutions across the nation to integrate action learning, innovation, and creative thinking learning methodologies into their curricula in order to cultivate graduates who possess the necessary skills and knowledge to thrive in the contemporary day, with a particular emphasis on sophisticated technology.…”

“…According to Drucker (1985), the presence of fresh, creative, and inventive scientific skills in a market necessitates the inevitability of change. Studies emphasise the need to incorporate technical vocational education and training (TVET) and cultivate intrapreneurship behaviour and attitudes in order to tackle emerging challenges in business and the workplace (Adeniyi, 2021;Weber et al, 2014). It is worth mentioning that enterprises that allocate resources towards training, cultivate intrapreneurs, and acknowledge the necessity of training in response to external shifts are more inclined to experience growth and attain a dominant position in the contemporary market (Rivera, 2017).…”

Strategies for Talent’s Digital Competence Development at Higher Vocational Colleges for Digital Transformation

“…For example, under the influence of digital transformation, polytechnics should cultivate talent with advanced digital skills and enable students to create innovation and write programs (Ochieng & Ngware, 2021). Business schools, on the other hand, differ from polytechnics in their goals and strategies for talent development, and they focus on cultivating talent who can improve business models and empower digital skills (Adeniyi et al, 2022). Affected by digital transformation and in the context of information exchange and sharing, colleges and universities should synergistically adapt their respective advantages in complementary ways to each other.…”

Entrepreneurial Practices as a Panacea for Unemployment in Nigeria

“…If they are enterprising, ambitious and courageous enough to bear the risk, the society will develop quickly. Such people are identified as entrepreneurs and their character reflects entrepreneurship (Adeniyi, Derera & Gamede, 2022).…”