IIARD International Institute of Academic Research and Development

IIARD International Journal of Economics and Business Management (IJEBM )

E-ISSN 2489-0065
P-ISSN 2695-186X
VOL. 7 NO. 1 2021

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Dynamics of Entrepreneurship Intention: A Case of South-South Zone of Nigeria

Egberi, Agbarha Kelvin PhD & Ighoroje Ese James

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Abstract

Entrepreneurship intention has been a hot topic for debate in numerous scientific disciplines and journals. In this paper, the dynamics of entrepreneurship intention in south-south zone of Nigeria was examined. Four (4) dynamics were investigated - credibility, energizing, perceived feasibility and perceived desirability. The survey research design was adopted and primary data (questionnaire) was the major data collection instrument, which was administered to potential and existing entrepreneurs in south-south zone of Nigeria. Data obtained in the field survey were analyzed via both descriptive (mean, median, standard deviation, minimum and maximum values, skewness and kurtosis) and inferential (factor and principal component analysis) statistics. Findings indicated that propensity to act and perceived desirability are the major dynamics influencing entrepreneurship intention while energizing and perceived feasibility predict entrepreneurship intention the least. On the basis of the findings, the study recommends that the government and entrepreneurial agencies should gear efforts towards providing more viable frameworks for the growth of new ventures in order to further enhance propensity to act and allure potential and existing entrepreneurs to consider creating new ventures; this would in turn stimulate, and make entrepreneurship more feasible for entrepreneurs in the country.

keywords:

L26; M13; M19

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