Factors Influencing Entrepreneurial Activity of Graduating Students:Evidenced From Management Graduating Students, Wollega University

Abstract

In this 21^st century higher educational institutions supposed to implement entrepreneurship educational strategies for creating entrepreneurial qualities into students and persuade them with innovative ideas, new ventures and new techniques of teaching present entrepreneurship education to match the global challenges in the contest of new demand. There is a need of the hour to washing out the old methods of teaching entrepreneurship education. The new teaching methods of entrepreneurship education aspires the students to become entrepreneurs. Thus, this findings focus on the need of improvement entrepreneurship education teaching methods and to identify factors influencing entrepreneurial activity of students which encourage the students to become entrepreneurs in Ethiopia. To make assessment on graduating students towards entrepreneurship development, descriptive approach was used. Census survey technique was employed to determine targeted respondents. The data analysis was done using descriptive statistics, Factor analysis, principal component analysis and T-test.The study found that present Entrepreneurship Education system of the University developing entrepreneurial qualities into the students. However, students were unfavourably responded Creativity and innovativeness (Mean=1.48) strongly disagreed and Dignity for labor (Mean= 1.90) disagreed that in present entrepreneurship education system is not given due attention to these issues. For these issues, students were suggested that industry academia interaction is the most important teaching method for creating entrepreneurial qualities of Creativity and innovativeness of students. This also study revealed a percentage of total variance of the original variable as explained by each factor includes corruption, family background, factors of production Government Policies/Support and Social status, Environmental Conditions and Fear of failure are together, summarize 70.644 percent of the total variance. This implies that each factor is influencing entrepreneurial activity of graduating students.

Entrepreneurial Activity, Graduating Students, Wollega University, Nekemte, Ethiopia

DOI: 10.7176/RHSS/9-13-05

Publication date:July 31^st 2019