ABSTRACT
This study examine Entrepreneurship training and youth development in Port Harcourt Local Government Area of Rivers State. The broad objective was to examine the extent to which Entrepreneurship training impacts on youths development in Port Harcourt Local Government Area of Rivers State. To achieve these objectives, we utilized data from both primary and secondary sources. The primary source was through questionnaire which were administered to various respondents, while the secondary source was through text books, magazines, newspapers, internet and other related materials or data banks. We use the product moment correlation coefficient to analyze the data in other to know the relationship that exist among the variables under investigation. The major findings from the study are: (2) There is a highly dependable relationship between entrepreneurship training and. Its impact on youths development, (2) there is a highly dependable relationship between Entrepreneurship training and job creation in Port Harcourt (3) There is a highly dependable relationship between entrepreneurship training and poverty reduction in Port Harcourt and (4) There is a highly dependable relationship between entrepreneurship training and crime reduction in Port Harcourt. Based on the findings, the researcher recommends as follows: (i) lack of policy framework and implementation is the bane of the Nigeria government. Most policies on entrepreneurship by the government are not well structured and implemented. Hence, the government should focus adequately on proper structuring, implementation and continuity of good plans and strategies formulated by past government. (ii) The Government, in its budgetary allocation, should make reasonable provision for youths entrepreneurship training so as to guide against cultism, youth. Restiveness, pipeline vandalization, militancy, unemployment and other vices that will be inimical to the growth and stability of the nation in this era of economic recession.
TABLE OF CONTENTS
Title page
Certification – – – – – – – – i
Dedication – — – – – – – – ii
Dedication – – – – – – – – – iii
Acknowledgement – – – – – – – iv
Abstract – – – – – – – – – v
Table of Content – — – – – – – – vi
CHAPTER ONE: Introduction
- Background of the Study – – – – – – 1
- Statement of the Problem– – – – – – 2
- Objective of the Study – – – – – – 2
- Research Questions – – – – – – – 3
- Research Hypothesis – – – – – – 3
- Significance of The Study – – – – – 4
- Scope of the Study – – – – – – 5
- Limitation of the Study – – – – – – 5
- Definition of The Study – – – – – 6
- Organization of the Study – – – – – 6
CHAPTER TWO: Literature Review
2.0 Introduction – – – – – – – 8
2.1 Concept of Entrepreneurship – – – – – 8
2.2 Concept of Training – – – – – – 12
2.3 Types of training – – – – – – 16
2.4 Entrepreneurship Training – – – – – 19
2.5 Methods of entrepreneurship – – – – – 21
2.6 An Assessment of the impact of entrepreneurship Training 23
2.7 Benefits of entrepreneurship Training – – – – 26
2.8 Challenges Facing entrepreneurship Training – – – 28
2.9 Theoretical Framework – – – – – 30
2.10 Empirical Studies – – – – – – – 34
2.11 Summary of Literature Review – – – – – 38
CHAPTER THREE: Research Methodology
3.1 Researcher Design – – – – – – 41
3.2 Population of the study- – – – – – – 41
3.3 Sample Procedure and sample size Determination – – 44
3.4 Data Collection Method – – – – – – – 44
3.5 Test of Validity – – – – – – – 45
3.6 Test of Reliability – – – – – — – 45
3.7 Data Analysis – – – – – – – 45
CHAPTER FOUR: Data Presentation, Analysis and Discussion of Findings
4.0 Introduction – – – – – – – 48
4.1 Data presentation – – – – – – – 48
4.2 Data analysis – – – – – – – 49
4.2.1 Univariate Analysis – – – – – – 49
4.3 Discussion of Finding – – – – – – 58
CHAPTER FIVE: Summary, Conclusion and Recommendation
5.1 Summary of Findings – – – – – – 59
5.2 Conclusion – – – – – – – – 59
5.3 Recommendations – – – – – – – 60
References – – – – – – – – 61
Appendix ——- – – – – – – – 63
CHAPTER ONE
INTRODUCTION
1.1 Background to the Study
Formally, entrepreneurship is the willingness to take risks and develop, organize, and manage a business venture in a competitive global market place that is constantly evolving. It is important to emphasis how closely tied entrepreneurship is to risk. It is one thing to have a capital for a business and it is another thing to make a proper choice of business. One can therefore opt for a good business owing to his huge startup capital, but once there are negative habits constantly practiced by the entrepreneur the business growth is hindered.
Alone, there are habits that may not seem like much, but when repeated, in conjunction with one another, ad infinitum, their destructive capacity can prevent your company from ever getting off the ground. The more proactive you are in noticing these habits, and the more determined you are in eliminating them, the better chance you’ll have at leading your business to long-term growth and profitability
The formal definition essentially tags entrepreneurship as the willingness to take risk”, as such, people do not succeed in entrepreneurship if they just jump into it without the necessary training for risk assessment. By the way, even gamblers get trained Kelvin (2014). Sequel to the above, this seminar presentation takes a critical look at “making a choice of business and the negative habits of unsuccessful entrepreneurs.”
1.2 Statement of the Problem
Entrepreneurship skills acquired through entrepreneurial training has been recognized as an important tool for economic development Dickson (2008). It contributes in an immeasurable ways towards creating new job, wealth creation, poverty reduction, income generation, employment generation and crime reduction. Thus, it generates income for both government and individuals. Schumpeter (1934) argued that entrepreneurial training is very significant to the growth and development of economies. Having understood the vital role entrepreneurship play in youths, it become apparent that careful attention is needed to invest and promote youth’s entrepreneurship.
Sequel to the above, the researcher intends to carry out an investigation on the assessment of the effect of entrepreneurship training on youths in Port Harcourt, with special reference to poverty reduction, job creation, crime reduction, wealth creation, and employment generation.
1.3 Objective of the Study
The main objective of the study is “an assessment of the effect of entrepreneurship training on youths in Port Harcourt. The specific objectives of the study were:
- To assess the impact of entrepreneurship training on youths in Port Harcourt.
- To examine the relationship between entrepreneurship training and job creation in Port Harcourt.
- To examine the relationship between entrepreneurship training and poverty reduction in Port Harcourt.
- To examine the relationship between entrepreneurship training and crime reduction among youths in Port Harcourt.
1.4 Research Questions
In order to carry out the appropriate process for this research, the study was guided by the following questions.
- To what extent does entrepreneurship training effect on youths in Port Harcourt?
- What is the relationship between entrepreneurship training and job creation in Port Harcourt?
- What is the relationship between entrepreneurship training and poverty reduction in Port Harcourt?
- What is the relationship between entrepreneurship training and crime reduction in Port Harcourt?
1.5 Research Hypothesis
The hypothesis posited in this study is as follows:
Ho1: Thereis no significant relationship between entrepreneurship training and it impart on youths in Port Harcourt
Ha: There is a significant relationship between entrepreneurship training and it impart on youths in Port Harcourt.
Ho2: There is no significant relationship between entrepreneurship training and job creation in Port Harcourt.
Ha: There is a significant relationship between entrepreneurship training and job creation in Port Harcourt.
Ho3: There is no significant relationship between entrepreneurship training and poverty reduction in Port Harcourt.
Ha: There is a significant relationship between entrepreneurship training and it impart on poverty reduction in Port Harcourt.
Ho4: There is no significant relationship between entrepreneurship training and crime reduction in Port Harcourt.
Ha: There is a significant relationship between entrepreneurship training and crime reduction in Port Harcourt.
1.6 Significance of the Study
According to Baridan (1990), “the significance of a research work should provide a justification for conducting the study”. Hence, the study will contribute positively in the following areas.
Researchers: The study will contribute to increase of literature within this area of study. It will serve as a useful guide for researchers; students, and hence, contributing to increase in knowledge.
Policy Makers: The study would provide an economic basis upon which to assess the impact of entrepreneurship training on youths in Port Harcourt. It would also provide a basis upon which to examine the economic sustainability and development of the nation in general.
Investors: It would provide an objective view to the relevance of entrepreneurship training on youths in Nigeria and Port Harcourt in general.
1.7 Scope of the Study
a. Content Scope: It needs be emphasized that, the scope of the study is limited to “an assessment of the impact of entrepreneurship training on youths is Port Harcourt.
b. Geographic Scope: The study is basically focused on youths in Port Harcourt alone. The reason was to limit wide range of data gathering, so as to make data collection very easy.
1.8 Limitation of the Study
This research work had challenges which bordered on:
Finance: The researcher in the process of carrying out her investigation was confronted with financial difficult. To carry out quality and sound research, involves money. It therefore limits the number of sample areas and the sample population.
Time: Time factor was also a major challenge as the researcher had to combine academic activities with research work amidst other responsibilities, with the target of meeting up the duration allocated to this work. Despite the constraints, the researcher was able to achieve her objectives through self-motivation.
1.9 Definition of Terms
Entrepreneurship: The capacity and willingness to develop, organize, and manage a business venture along with any of its risks in order to make a profit.
Training: The process of acquiring specific skills to perform a job better. It helps people to become qualified and proficient in doing some jobs.
Entrepreneur: An entrepreneur is a person who develops a new idea and takes the risk of setting up an enterprise to produce a product or service which satisfies customers’ needs. The entrepreneur as a man of special managerial ability controls, organizes and manages the entire business
Entrepreneurship Training: Training to become an entrepreneur and own your own business.
1.10 Organization of the Study
The study is divided into five (5) chapters. Chapter one takes a critical look at the introduction, with special reference to the background to the study, statement of the problem, objective of the study, research questions, research hypothesis, significance of the study, scope of the study, limitation of the study, definition of terms, and organization of the study. Chapter two, focused on the literature review, with special attention to concept of entrepreneurship, concept of training; entrepreneurship training, method of entrepreneurship training, an assessment of the impact of entrepreneurship training, benefits of entrepreneurship training and challenges facing entrepreneurship training. Chapter three views the research methodology with special emphasis on the research design, population of the study, sample procedure and sample size determination, data collection method, test of validity, test of reliability and data analysis. Chapter four is about data presentation, analysis and discussion of findings, and chapter five, summary of findings, conclusion and recommendation.