Entrepreneurship Benefits In Higher Educational Institutions And Its Implication On Socio-Economic Development In Nigeria

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AGBOOLA Theophilus Olumuyiwa
AGBOOLA Theophilus Olumuyiwa

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The paper examined entrepreneurial intentions within the higher educational institutions in Nigeria; it also assessed the benefits of entrepreneurship in higher educational institutions and socioeconomic 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.

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No external funding was declared for this work.

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The authors declare no conflict of interest.

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AGBOOLA Theophilus Olumuyiwa. 2026. \u201cEntrepreneurship Benefits In Higher Educational Institutions And Its Implication On Socio-Economic Development In Nigeria\u201d. Global Journal of Human-Social Science - F: Political Science GJHSS-F Volume 24 (GJHSS Volume 24 Issue F1): .

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Entrepreneurship benefits higher education and economic development in Nigeria, empowering youth and fostering innovation.
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GJHSS Volume 24 Issue F1
Pg. 41- 49
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Crossref Journal DOI 10.17406/GJHSS

Print ISSN 0975-587X

e-ISSN 2249-460X

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February 10, 2024

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English

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The paper examined entrepreneurial intentions within the higher educational institutions in Nigeria; it also assessed the benefits of entrepreneurship in higher educational institutions and socioeconomic 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.

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Entrepreneurship Benefits In Higher Educational Institutions And Its Implication On Socio-Economic Development In Nigeria

AGBOOLA Theophilus Olumuyiwa
AGBOOLA Theophilus Olumuyiwa Obafemi Awolowo University

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