Entrepreneurship Education, Psychological Traits and Venture Creation among Business Education Students in Public Colleges of Education, Southwest, Nigeria

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Date

2025-12

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Publisher

Lead City University, Ibadan

Abstract

Unemployment has remained one of Nigeria’s major challenges over the past decade. Despite this economic deficiency, tertiary institutions continue to produce graduates annually without sufficient job opportunities to absorb them. Although entrepreneurship education programs have been increasingly integrated into academic curricula, a significant gap persists in empirical research regarding their effectiveness in shaping students’ psychological traits and venture creation, particularly within public Colleges of Education. This study investigated the relationship between entrepreneurship education, psychological traits and venture creation among Business Education students in public Colleges of Education in Southwest Nigeria. A descriptive survey research design was employed, with a sample of 1,064 200-level students selected through total enumeration. Data were collected using an adopted self-structured questionnaire, which yielded a Cronbach’s alpha value of 0.721, indicating acceptable reliability. Data were analysed with descriptive statistics and multiple regression, aided by SPSS version 27. Findings revealed that among Business Education students in public Colleges of Education in Southwest Nigeria, the most prevalent indicator of entrepreneurship education is the teaching method (x̅= 3.52, SD =0.51). The most commonly observed psychological trait is self-efficacy (90.2%, x̅= 3.50,SD = 0.54). Students also demonstrated a high level of intention toward venture creation (100%, x̅ = 3.81, SD = 0.31). Regression analyses confirmed that entrepreneurship education (R = 0.395, R² = 0.156) and psychological traits (R = 0.427, R² = 0.183) significantly influence venture creation. Mentorship was found to moderate the relationship between psychological traits and venture creation (β = 0.168, p = 0.000), but not the relationship between entrepreneurship education and venture creation (β = -0.018, p = 0.584). The study concluded that students exhibit strong self-efficacy, enabling them to approach entrepreneurial tasks and overcome setbacks with confidence. Their moderate level of innovativeness reflects a willingness to explore creative solutions, though less pronounced than other traits. It was recommended, among others, that NCCE should establish continuous monitoring and evaluation systems to track the performance of entrepreneurship education programs, ensuring that teaching methods remain responsive to students’ entrepreneurial needs. Keywords: Business Education, Entrepreneurship Education, Entrepreneurial Intentions, Psychological Traits, Venture Creation Word counts: 331

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Keywords

Business Education, Entrepreneurship Education, Entrepreneurial Intentions, Psychological Traits, Venture Creation

Citation

Kate Turabian