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. 9 NO. 9 2023
DOI: https://doi.org/10.56201/ijebm.v9.no9.2023.pg34.43

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Nexus Between Desire for Independence and New Venture Creation

OSADOLOR, Victor,ABERE, Benjamin Olusola,

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Abstract

The study investigates the nexus between desire for independence and new venture creation in Oredo local government area of Edo State. The study adopted a survey design. The study's population comprised of 279 serving corps member, from which the same figure was chosen as the sample size. Data were collected through primary source. Copies of questionnaire were distributed and hypotheses were tested using logistic regression. The findings revealed that independence has significant effect on new venture creation. The study recommended that, there is need for skill training and development programmes anchored on supporting young graduates to be independent, as it has a greater capacity to ensure they develop the will power to create a new venture.

keywords:

Independence, Pull factor, Venture creation, Autonomy, Freedom

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References:

Caliendo, M., & Kritikos, A.S. (2009). “I want to, but I also need to”: start-ups resulting from
opportunity and necessity, discussion papers no. 966 DIW Berlin.

Croson, C., & Minniti, M. (2012). Slipping the Surly Bonds: The value of autonomy in self-
employment. Journal of Economic Psychology, 33(1), 355-365.

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