Entrepreneurship Benefits In Higher Educational Institutions And Its Implication On Socio-Economic Development In Nigeria
The paper examined entrepreneurial intentions within the higher educational institutions in Nigeria; it also assessed the benefits of entrepreneurship in higher educational institutions and socio-economic development in Nigeria. Primary and secondary data were used. Primary data were collected through questionnaire administration and secondary data were collected mainly from relevant textbooks, official documents and academic journals. The findings revealed that there exists a significant positive linear relationship between entrepreneurship intentions and higher educational institutions (t = 97.8, p < 0.05). Also, it was found out that 75% of the variations in socio-economic development could be attributed to the benefits of entrepreneurship in higher educational institutions (r = +0.753, p < 0.05). The paper concluded that entrepreneurship benefits in higher educational institutions have significant implication on socio-economic development in Nigeria, as it translates to the economic opportunity, eradicating poverty and unemployment among graduate students in the higher educational institutions in Nigeria.
