Proceedings of the 37th International Academic Conference, Budapest

ENTREPRENEURSHIP EDUCATION AND RISK TAKING BEHAVIOUR OF NIGERIAN GRADUATES

CHRISTIANAH ADEKUNBI FALADE

Abstract:

The Federal Government of Nigeria wants every citizen to acquire functional, relevant, practical, and appropriate skills for developing competencies as equipment for the individuals to live and contribute to the development of the nation. This had lead to the introduction of Entrepreneurship Education at all level of education. Despite the importance of entrepreneurship education to Nigerian graduate upon graduation some graduate still finds it difficult to establish a business of their own because of fear of risk-taking involved. This paper discussed the relationship between entrepreneurship education and risk-taking behavior of Nigerian graduates upon graduation. The following points are mentioned in the article: entrepreneurship education, entrepreneur, attributes of an entrepreneur, entrepreneur risks and types of entrepreneur risks. Conclusion: to reduce the rate of unemployment among graduates in Nigeria, graduates must be willing to take a risk to establish their businesses. Recommendation: risk-taking attitude of students must change hence, they must develop a positive attitude towards risk-taking.

Keywords: Risk-taking behavior, Entrepreneurship Education and Entrepreneur

DOI: 10.20472/IAC.2018.037.005

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