Effect of Entrepreneurship Education on Business Establishment: A Survey of Undergraduates from Kenya Methodist University
Abstract
In today’s business world, there are existing new business opportunities that are emerging and entrepreneurs keep increasing in every passing day. Therefore, entrepreneurship has become a more active and wide spread because it is quite crucial for both social and economic development. In this regard, the fact that entrepreneurship education has been included in national policies in creating and increasing entrepreneurial intention which is an indicator of planned entrepreneurial behavior makes the topic of the study highly essential and imperative. The main objective of the study was to establish the role of entrepreneurship education on business establishment by undergraduates from Kenya Methodist University. A descriptive research design was utilized for the study. The study focused on 500 undergraduates from Kenya Methodist University who have graduated and have established businesses. The sample size was determined by use of Nassiuma formula of determining a sample size. The results and findings were presented in tables, figures and charts. The study found that the four independent variables had a great influence on business establishment among the graduates. The four independent variables in the study influenced 72.8% of the business establishment as represented by the R2.Therefore, the study recommended that both private and public sectors should put more resources on entrepreneurial education and scale it to the next level, government to address Entrepreneurial culture by creating more awareness, government to come up with policies that recognizes and encourages innovation and the government must also ensure that every student (youth) is exposed to information technology courses at various levels of education.
Keywords: Entrepreneurship Education, Undergraduates, Business Establishment