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PSYCHOLOGICAL FACTORS AS PREDICTORS OF BUSINESS EDUCATION UNDERGRADUATES ENTREPRENEURIAL ASPIRATION
TABLE OF CONTENTS
Title Page i
Declaration ii
Approval Page iii
Dedication iv
Abstract vi
Table of Contents vii
CHAPTER ONE: INTRODUCTION
1.1 Introduction 1
1.2 Background of the study 3
1.3 Statement of the General Problem 4
1.4 Objective of the study 5
1.5 Significance of the study 5
1.6 Statement of hypothesis 6
1.7 Scope of the study 6
1.8 Limitation of the study 7
1.9 Definition of terms 7
CHAPTER TWO: LITERATURE REVIEW
2.0 Introduction 9
2.1 Review of related literature 9
2.2 Theoretical framework
2.3 Summary of review 33
CHAPTER THREE: RESEARCH METHODOLOGY
3.1 Introduction 35
3.2 Research design 35
3.3 Area of study 35
3.4 Population of the study 36
3.5 Sample size 36
3.6 Instrument for data collection 36
3.7 Reliability of the instrument 37
3.8 Validity of the Instrument 38
3.9 Method of data Collection 38
3.10 Method of Data Analysis 39
CHAPTER FOUR: DATA PRESENTATION AND ANALYSIS
4.1 Introduction 41
4.2 Characteristics of the respondents 41
4.3 Presentation of Data Analysis 43
4.4 Discussion of Findings 48
4.5 Summary of findings 49
CHAPTER FIVE: SUMMARY, CONCLUSION AND RECOMMENDATIONS
5.1 Summary 51
5.2 Conclusion 52
5.3 Recommendation 53
Biography 54
Appendix 56
Abstract:
This study investigates the role of psychological factors in predicting the entrepreneurial aspirations of undergraduate students pursuing business education. Entrepreneurship plays a crucial role in economic development and innovation, making it essential to understand the factors that influence individuals' entrepreneurial aspirations. By identifying these factors, educators and policymakers can design effective interventions to nurture and support entrepreneurial talent.
The study employs a quantitative research design, utilizing a structured questionnaire to collect data from a sample of business education undergraduate students. The questionnaire measures various psychological factors, including personality traits, self-efficacy, risk-taking propensity, and locus of control. Additionally, demographic variables such as gender, age, and previous entrepreneurial experience are considered.
The collected data are analyzed using statistical techniques such as correlation analysis and multiple regression analysis to determine the relationships between psychological factors and entrepreneurial aspirations. The findings provide insights into the specific psychological factors that significantly predict entrepreneurial aspirations among business education undergraduates.
Preliminary results suggest that certain personality traits, such as a high need for achievement, a proclivity for innovation, and a tolerance for ambiguity, positively influence entrepreneurial aspirations. Similarly, self-efficacy, the belief in one's ability to succeed in entrepreneurial endeavors, emerges as a significant predictor of entrepreneurial aspirations.
Furthermore, the study explores the moderating effects of demographic variables, such as gender and age, on the relationship between psychological factors and entrepreneurial aspirations. Understanding these moderating effects can assist in designing targeted interventions to address potential gender or age-based disparities in entrepreneurial aspirations.
The findings of this study have implications for business educators, career counselors, and policymakers. By recognizing the importance of psychological factors, educational institutions can incorporate entrepreneurship-related curricula and experiential learning opportunities to foster entrepreneurial aspirations among business education undergraduates. Moreover, career counselors can leverage these findings to provide tailored guidance and support to students interested in entrepreneurship.
In conclusion, this study contributes to the existing literature by highlighting the significance of psychological factors in predicting entrepreneurial aspirations among business education undergraduates. By gaining a deeper understanding of these factors, stakeholders can develop strategies to foster an entrepreneurial mindset and encourage the pursuit of entrepreneurial ventures among students.
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