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

educational background. As substantial as this difference is, it is impossible at this point to tellwhether it is due to entrepreneurship training and education or other characteristics associatedwith youth entrepreneur such as prior business experience. Because entrepreneurship educationemphasizes risk taking and the identification of new products, services, markets, and otheropportunities, we anticipate that businesses owned by college graduates will have greater growththan will those owned by high school graduates. Similarly, we anticipate that college graduateswould contribute more significantly to the growth of a small business in which they areemployed.Table 5: Value of Asset and Inventory for the period of November 2009- April 2010DependentvariableMonthlyIncome ($)PredataAssetValue($)Post –data% AssetValue ($)% Pre- data Post- data %InventoryValue ($)% InventoryValue ($)0-50 2 25.00 1 7.69 2 25.00 1 7.6951-101 2 25.00 2 25.00102-151 2 25.00 1 7.69 2 25.00 1 7.69152-201 2 25.00 3 23.08 2 25.00 3 23.08202-251 5 38.46 5 38.46352-401 1 7.69 1 7.69502-552 0.00 0.0051-101 2 15.38 2 15.38GrandTotal13 100.00 8 100.00 13 100.00This table shows the distribution of reported assets and inventory of the youth entrepreneurs. Thesurvey question regarding assets asked individuals to report only assets that were associated withtheir work effort; they were asked to exclude non-work related assets such as inheritance, lotterywinnings, and so forth. As shown in the table above, those with the income level of $0-151 with aweighted average of 15.38 percent didn‘t experience any increase in both asset and inventory. Butyouth with the income limit from $152- 401 had rise in asset and inventory showing the81