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Promoting youth entrepreneurship in Lagos, Nigeria - SNHU ...

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Moreover, while the majority of the students see the benefit of enterprise education forentrepreneurial activity <strong>in</strong> the form of new venture creation, the study gives evidence of anappreciation of the significance of enterprise education for <strong>in</strong> promot<strong>in</strong>g <strong>youth</strong> Entrepreneurship.3.8.1 Youth perception of Entrepreneurship:Youth perception of <strong>entrepreneurship</strong>Risky ventureHighly respectable careerMost are discouraged by socialand cultural environmentMost <strong>youth</strong> lack awarenessand skillsFigure 23: Youth perception of EntrepreneurshipEqual number of <strong>youth</strong> (40% of the respondents) responded that <strong>entrepreneurship</strong> is either a riskyventure or be<strong>in</strong>g a respectable career. And the rest 10% said that <strong>youth</strong> lack awareness or be<strong>in</strong>gdiscouraged by social and cultural environment.3.8.2 Influence of Education on entrepreneurial career:# Answer Response %123strongly supported my entrepreneurialcareer<strong>in</strong>fluenced my entrepreneurial careerpositivelyhad a negative <strong>in</strong>fluence on myentrepreneurial career8 40%11 55%6 30%4 impeded my entrepreneurial career 5 25%had no <strong>in</strong>fluence on my5entrepreneurial careerFigure 24: Influence of Education on Entrepreneurial Career3 15%On what <strong>in</strong>fluences their decision on <strong>entrepreneurship</strong>, 55 % of the respondents agreed to the factthat their education played a key role <strong>in</strong> shap<strong>in</strong>g their m<strong>in</strong>d positively, while 30% agreed with thefact that it as negative <strong>in</strong>fluence on them. 25% said it impeded the entrepreneurial career and 15%said it doesn‘t have any <strong>in</strong>fluence.49

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