Academic Self-concept, Self-efficacy and Social Support as Determinants of Entrepreneurial Intention among Emerging Adults of Private Universities in Southwest, Nigeria
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Date
2024-12
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Lead City University, Ibadan
Abstract
The present economic challenges and lack of self-actualisation among emerging adults may worsen societal ills and maladjustment. There is scarcity of empirical researches investigating influence of academic self-concept, self-efficacy and social support on entrepreneurial intention of emerging adults in private universities. This study, therefore, investigated academic self- concept, self-efficacy and social support as determinants of entrepreneurial intention emerging adults in private universities.as determinants of entrepreneurial intention among emerging of private universities in South-west, Nigeria. The study adopted the descriptive research design of survey type. Multistage sampling procedure was employed in selecting 1305 emerging adults of private universities in South-west, Nigeria. Data were generated with a questionnaire on Academic Self-concept, Self-efficacy, Social Support and Entrepreneurial Intention (α =.79). Data were analysed using descriptive and inferential statistics at 0.05 alpha level. The result showed that: the level of entrepreneurial intention among emerging adults of private universities in South-west, Nigeria is high, with weighted average mean (x̅) of 2.89; there is a high level of academic self-concept among emerging adults of private universities in South-west, Nigeria, with weighted average mean (x̅) of 2.88; the level of self-efficacy among emerging adults of private universities in South-west, Nigeria is low, with weighted average mean (x̅) of 2.24; the level of perceived social support among emerging adults of private universities in South-west, Nigeria is high, with weighted average mean (x̅) of 3.29; there is a significant joint influence of academic self-concept, self-efficacy and social support on entrepreneurial intention among emerging adults of private universities in South-west, Nigeria (F (3,1099) =73269.990, R2=.987); there is a significant relative influence of academic self-concept (β =0.544; t=28.689), self-efficacy (β= 0.193; t=17.582) and social support (β= 0.277; t=26.757) on entrepreneurial intention of emerging adults of private universities in South-west, Nigeria; there is a significant positive relationship between academic self-concept and entrepreneurial intention (r=0.724) among emerging adults of private universities in South-west, Nigeria; there is a significant gender difference in entrepreneurial intention among emerging adults of private universities in South- west, Nigeria (male=3.21, female= 3.02); there is a significant gender difference in self-efficacy among emerging adults of private universities in South-west, Nigeria (male=2.30, female= 2.17). It is concluded that psychological variables in this study influence entrepreneurial intention, thus these variables should be enhanced to make emerging adults actively work towards owning business ventures. Academic self-concept should be enhanced among emerging adults of private universities to ensure entrepreneurial intention, among other recommendations.
Keywords: Academic self-concept, self-efficacy, social support, entrepreneurial intention, emerging adults of private universities
Word Count: 397
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Keywords
Academic self-concept, self-efficacy, social support, entrepreneurial intention, emerging adults of private universities
Citation
Kate Turabia