Motivation for Entrepreneurial Engagement among Youths in Ogun State: Push and Pull Factors Analysis
- January 6, 2022
- Posted by: rsispostadmin
- Categories: IJRISS, Social Science
International Journal of Research and Innovation in Social Science (IJRISS) | Volume V, Issue XII, December 2021 | ISSN 2454–6186
Motivation for Entrepreneurial Engagement Among Youths in Ogun State: Push and Pull Factors Analysis
JIMOH, Tajudeen Adisa1, ADEBAYO, Adewale Bashir2
1Office Technology and Management Department
The Federal Polytechnic, Ilaro, Nigeria
2Registry Department, The Federal Polytechnic, Ilaro, Nigeria
Abstract: This study was carried out to determine the factors responsible for the motivation of youths into entrepreneurship. It assessed the motivational impact of push and pull factors on the youths’ entrepreneurial engagement. The study was carried out in Ogun State and the population comprised all youth entrepreneurs in the State. It is an ex post factor in design but employed survey approach with the use of questionnaire for data collection. A cross-sectional survey of 300 youth entrepreneurs from the three senatorial districts of the state was done in which 100 youth entrepreneurs were randomly selected from each of Ogun West, Ogun East and Ogun Central Districts. Descriptive and inferential analysis of data collected revealed higher relative contribution of push factors to the entrepreneurship engagement of the youths than the pull factors. This informed the conclusion that entrepreneurship engagement of the youths was largely stimulated by negative economic situations and compelling factors such as unemployment, job insecurity, economic hardship, poor conditions of available jobs, etc. Among others, it was recommended that governments and stakeholders in national economic building and development should put mechanisms in place towards providing support, enablement and appealing conditions capable of igniting youths’ passion for entrepreneurship as desirable alternative for their economic engagement and productive living.
Keywords: Entrepreneurial engagement, Pull factor, Push factor, Youths
I. BACKGROUND TO THE STUDY
In the world today, entrepreneurship is accorded much importance and has become an increasingly popular component of curricula of schools at different levels. The importance of entrepreneurship, creativity and innovative thinking stems from the fact that they are seen as viable options for job creation, empowerment, poverty reduction, etc.
As a result of the need for developing economies, such as Nigeria, to have innovative, well-trained and entrepreneurial individuals who exhibits the capacities to develop new things and have the courage to face and adapt to likely challenges in their entrepreneurial life, efforts are being made by government at all levels to equip youths with skills necessary to become entrepreneurs and innovators through self-owned businesses and economic engagements (Aja-Okorie & Adali, 2013).