THE ROLE OF FORMAL SCHOOL IN PROMOTING ENTREPRENEURIAL CAPACITIES IN NIGERIA
1.1 BACKGROUND TO THE STUDY
capacities are increasingly recognized as important drivers of economic growth,
productivity and employment, and as a key aspect of economic dynamism. Recent
dimensions to entrepreneurship have necessitated the need for formal education
for entrepreneurs. There has been consequent rapid increase in the numbers of
schools (primary, secondary and tertiary) all over the world. The continuous
expansion in the educational and other training institutions is part of the
quest for entrepreneurial capacity building. As indicated earlier changes in
manpower needs induce appropriate reactions from the human resource development
education according to Bassey (2006) is a process of acculturation through which
an individual is helped to develop his potentials and maximum activation in
order to achieve self-fulfillment and happiness. Ajuzie (2005) sees education
as an essential part of the society process employed to train the human beings
to be functional and to adopt the behavioral patterns by the same society. Education
is also an ever- present phenomenon in each phase of human civilization however
diverse its nature in each era (Ekwosi, 2012). Embedded in these views is the role
education plays in training human beings. The role of education in entrepreneurial
capacity development cannot be over emphasized. Some people even see the
importance of education in human development to the extent of presenting
education as playing a complementary role in creation of human beings, hence they
assert that God initiated creation and education completed it.
whole value of an individual that gives him his worth and determines his
relative position in his society is a function of his education no matter the
type. According to Amao-keinde (2000), education, as a process, embodies all
forms of activities that fit an individual for social living. It helps to
transmit culture from generation to generation. The desire of every society is
that the individuals in the society get developed towards the overall
development of the society itself.
school takes upper hand in the process of entrepreneurial development of the
members of the society (Ajuzie, 2005). No society can exist and maintain continuity
in norms and values without one form of education or the other. That a human being
is different from a beast is as a result of the training (education) he
received growing in human society imbibing the norms and values of that
society. The need for proper education in the area of business management has
led to the introduction of entrepreneurship education into the school
education as part of the total educational system is the type of education that
involves the acquisition of skills, ideas and management abilities necessary
for job creation. Proper education can only be gotten from a formal school. A formal
school is an institution designed to provide learning spaces and learning
environments for the teaching of students or pupils under the direction of
teachers. Most countries have systems of formal education, which is commonly
compulsory. In these systems, students progress through a series of schools.
The names for these schools vary by country but generally include primary
school for young children and secondary school for teenagers who have completed
primary education. An institution where higher education is taught, is commonly
called a university college or university.
entrepreneur promotes employment rather than seeking for an employment.
Therefore, there is a need to embrace this type of education and provide all
the necessary resources needed to make functional. Quality entrepreneurship
education could be used as a tool for fighting the war against poverty and
unemployment in Nigeria. Therefore, quality entrepreneurship education will
enhance job creation which will subsequently reduce unemployment, poverty and
social vices in Nigeria. This will also help to improve the standard of living;
hence promote social economic and political development in Nigeria which is the
cardinal objective of Millennium Development Goals (MDGs). Also, for the
recipient of entrepreneurship education to be a job creator rather than
job-seeker, he might acquire essential basic skills and attitudes which will
enable him to function as an entrepreneur.
1.2 STATEMENT OF THE PROBLEM
there are some challenges militating against the production of quality entrepreneurial
capacity in Nigeria. These may come from the government, parents or even from
certain unpredictable environmental forces which are external. Unless these
problems are looked into, the realization of the aim and objectives of quality
entrepreneurship education in achieving the Millennium Development Goals (MDGs)
in Nigeria will be a mirage. It is therefore, against this background that this
study examines role of formal school in promoting entrepreneurial capacities in
Nigeria. Although, there is now a very serious attention paid to
entrepreneurship education in tertiary institutions in Nigeria and the
1.3 OBJECTIVES OF THE STUDY
following are the objectives of this study:
To examine the role of formal school
in promoting entrepreneurial capacity in Nigeria.
To determine the adequacy of school
curriculum in promoting entrepreneurial capacity in Nigeria.
To identify the factors militating
against the promotion of entrepreneurial capacity through formal school.
1.4 RESEARCH QUESTIONS
What is the role of formal school in
promoting entrepreneurial capacity in Nigeria?
What is the adequacy of school
curriculum in promoting entrepreneurial capacity in Nigeria?
What are the factors militating against
the promotion of entrepreneurial capacity through formal school?
There is no significant relationship between formal school and promotion of
entrepreneurial capacity in Nigeria.
There is significant relationship between formal school and promotion of
entrepreneurial capacity in Nigeria
1.6 SIGNIFICANCE OF THE STUDY
following are the significance of this study:
The outcomes of this study will reveal
the role of formal school in promoting entrepreneurial capacity in Nigeria. It
will also reveal the basis for entrepreneurship education which has been
introduced to formal school all over the world to develop entrepreneurial
This research will be a contribution
to the body of literature in the area of the role of formal school in promoting
entrepreneurial capacity in Nigeria, thereby constituting the empirical
literature for future research in the subject area.
1.7 SCOPE/LIMITATIONS OF THE STUDY
This study is limited to
Edo State. It will also cover the role of formal school in promoting
entrepreneurial capacity in the State