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I STUDENTS PERCEPTIONS OF ENTREPRENEURSHIP EDUCATION AT THE UNIVERSITY OF BOTSWANA BY Nancy Nyambiya and Dr Neo Mooko

STUDENTS PERCEPTIONS OF ENTREPRENEURSHIP …...I STUDENTS PERCEPTIONS OF ENTREPRENEURSHIP EDUCATION AT THE UNIVERSITY OF BOTSWANA BY Nancy Nyambiya and Dr Neo Mooko

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Page 1: STUDENTS PERCEPTIONS OF ENTREPRENEURSHIP …...I STUDENTS PERCEPTIONS OF ENTREPRENEURSHIP EDUCATION AT THE UNIVERSITY OF BOTSWANA BY Nancy Nyambiya and Dr Neo Mooko

I

STUDENTS PERCEPTIONS OF ENTREPRENEURSHIP EDUCATION AT

THE UNIVERSITY OF BOTSWANABY

Nancy Nyambiya and Dr Neo Mooko

Page 2: STUDENTS PERCEPTIONS OF ENTREPRENEURSHIP …...I STUDENTS PERCEPTIONS OF ENTREPRENEURSHIP EDUCATION AT THE UNIVERSITY OF BOTSWANA BY Nancy Nyambiya and Dr Neo Mooko

ORGANISATION OF THE PRESENTATION

• What is entrepreneurship education?

• Why entrepreneurship education?

• What we set out to do (Objectives)

• Research methodology

• Findings of the study

• Conclusions

Page 3: STUDENTS PERCEPTIONS OF ENTREPRENEURSHIP …...I STUDENTS PERCEPTIONS OF ENTREPRENEURSHIP EDUCATION AT THE UNIVERSITY OF BOTSWANA BY Nancy Nyambiya and Dr Neo Mooko

What is entrepreneurship education

Entrepreneurship education

• Equipping the learners with the skills and

ability to recognize business opportunities

• It also provides the insight, knowledge and

skills to start business venture.

• Enable learners to acquire innovative

entrepreneurial skills, the ability to marshal

resources in the face of risk and uncertainty

Page 4: STUDENTS PERCEPTIONS OF ENTREPRENEURSHIP …...I STUDENTS PERCEPTIONS OF ENTREPRENEURSHIP EDUCATION AT THE UNIVERSITY OF BOTSWANA BY Nancy Nyambiya and Dr Neo Mooko

Why entrepreneurship education?

Entrepreneurship education

Entrepreneurship interest

Entrepreneurial intensions

Entrepreneurship activities

Page 5: STUDENTS PERCEPTIONS OF ENTREPRENEURSHIP …...I STUDENTS PERCEPTIONS OF ENTREPRENEURSHIP EDUCATION AT THE UNIVERSITY OF BOTSWANA BY Nancy Nyambiya and Dr Neo Mooko

Why entrepreneurship education?

• Rapidly increasing rate of unemployment – 21st Century,

• fuelled by a massive number of students graduating from

institutions of higher learning

• dwindling employment opportunities - the failure of the

private and public sectors to absorb the growing number of

job seekers

• Lekoko, Rankhumise and Ras (2012) added that the focus towards self-employment (entrepreneurship) is, and will continue to be a key success factor in economic growth and development.

Page 6: STUDENTS PERCEPTIONS OF ENTREPRENEURSHIP …...I STUDENTS PERCEPTIONS OF ENTREPRENEURSHIP EDUCATION AT THE UNIVERSITY OF BOTSWANA BY Nancy Nyambiya and Dr Neo Mooko

Is there not a cause?

GRADUATES BEING POURED FROM COLLEGES

Page 7: STUDENTS PERCEPTIONS OF ENTREPRENEURSHIP …...I STUDENTS PERCEPTIONS OF ENTREPRENEURSHIP EDUCATION AT THE UNIVERSITY OF BOTSWANA BY Nancy Nyambiya and Dr Neo Mooko

That look of despair- unemployment?

Page 8: STUDENTS PERCEPTIONS OF ENTREPRENEURSHIP …...I STUDENTS PERCEPTIONS OF ENTREPRENEURSHIP EDUCATION AT THE UNIVERSITY OF BOTSWANA BY Nancy Nyambiya and Dr Neo Mooko

Statement of the problem

Literature suggest that participating in entrepreneurship education

contributes towards increased perceived desirability and feasibility of

entrepreneurship among students (Peterman and Kennedy, 2003; Collins

et al., 2004).

Perceptions about entrepreneurship contributes towards becoming an

entrepreneur (Brijlal, 2011).

YET

Its (entrepreneurship education ) ability to enhance entrepreneurship value

among students remains unclear (Mahmood, 2009).

Evidenced by

Every year thousands upon thousands of students stranded after

graduation due to lack of formal employment opportunities

Page 9: STUDENTS PERCEPTIONS OF ENTREPRENEURSHIP …...I STUDENTS PERCEPTIONS OF ENTREPRENEURSHIP EDUCATION AT THE UNIVERSITY OF BOTSWANA BY Nancy Nyambiya and Dr Neo Mooko

Objectives of the study

• To establish the level of entrepreneurship interest

of students at University of Botswana

• To establish the extent to which students acquire

entrepreneurship skills, during training.

• To establish entrepreneurship intensions of

students after completing entrepreneurship

training

• To propose possible strategies of enhancing

entrepreneurship education

Page 10: STUDENTS PERCEPTIONS OF ENTREPRENEURSHIP …...I STUDENTS PERCEPTIONS OF ENTREPRENEURSHIP EDUCATION AT THE UNIVERSITY OF BOTSWANA BY Nancy Nyambiya and Dr Neo Mooko

Methodology of the study

• A mixed methodologies was applied

• Questionnaires were administered to 63 students from the Faculty of Business studies

• Bachelor of Business Administration in Entrepreneurship and Enterprise Development and Bachelor of Business Administration (Marketing)

• 4 lecturers were interviewed from the Faculty of

Business Studies.

Page 11: STUDENTS PERCEPTIONS OF ENTREPRENEURSHIP …...I STUDENTS PERCEPTIONS OF ENTREPRENEURSHIP EDUCATION AT THE UNIVERSITY OF BOTSWANA BY Nancy Nyambiya and Dr Neo Mooko

Findings of the study

Entrepreneurship education is an important life skill

0

5

10

15

20

25

30

35

40

Disagree Neutral Agree Strongly Agree

1.7%6.9%

29.3%

62.1%

Fre

qu

en

cy

Entrepreneurship education is very important life skill

Page 12: STUDENTS PERCEPTIONS OF ENTREPRENEURSHIP …...I STUDENTS PERCEPTIONS OF ENTREPRENEURSHIP EDUCATION AT THE UNIVERSITY OF BOTSWANA BY Nancy Nyambiya and Dr Neo Mooko

Conti…

Entrepreneurship education at UB is effective in imparting entrepreneurial skills

0

5

10

15

20

25

Strongly Disagree Disagree Neutral Agree Strongly Agree

1.7%3.4%

17.2%

43.1%

34.5%

Fre

qu

en

cy

Page 13: STUDENTS PERCEPTIONS OF ENTREPRENEURSHIP …...I STUDENTS PERCEPTIONS OF ENTREPRENEURSHIP EDUCATION AT THE UNIVERSITY OF BOTSWANA BY Nancy Nyambiya and Dr Neo Mooko

Conti…

Entrepreneurship education addressed my needs and expectations

3%

10%

31%

35%

21%

The training addressed my needs and expectations

Strongly Disagree

Disagree

Neutral

Agree

Strongly Agree

Page 14: STUDENTS PERCEPTIONS OF ENTREPRENEURSHIP …...I STUDENTS PERCEPTIONS OF ENTREPRENEURSHIP EDUCATION AT THE UNIVERSITY OF BOTSWANA BY Nancy Nyambiya and Dr Neo Mooko

Acquired skills

Business plan writing skills

3%

21%

48%

28%

After receiving entrepreneurship training, I am now able to write business proposals and business plans

Strongly Disagree

Neutral

Agree

Strongly Agree

Page 15: STUDENTS PERCEPTIONS OF ENTREPRENEURSHIP …...I STUDENTS PERCEPTIONS OF ENTREPRENEURSHIP EDUCATION AT THE UNIVERSITY OF BOTSWANA BY Nancy Nyambiya and Dr Neo Mooko

Conti…

Business opportunity identification

0

5

10

15

20

25

Strongly Disagree Disagree Neutral Agree Strongly Agree

1.7% 1.7%

19%

39.7% 25.9%

Fre

qu

en

cy

After receiving entrepreneurial training, I am now able to identify business opportunities

Page 16: STUDENTS PERCEPTIONS OF ENTREPRENEURSHIP …...I STUDENTS PERCEPTIONS OF ENTREPRENEURSHIP EDUCATION AT THE UNIVERSITY OF BOTSWANA BY Nancy Nyambiya and Dr Neo Mooko

Students entrepreneurial intensions

Planning to start my own business

0

5

10

15

20

25

30

35

Strongly Disagree Disagree Neutral Agree Strongly Agree

1.7% 1.7%

13.8%

25.9%

56.6%

Fre

qu

en

cy

I am planning to start my own business within the next 3 years

Page 17: STUDENTS PERCEPTIONS OF ENTREPRENEURSHIP …...I STUDENTS PERCEPTIONS OF ENTREPRENEURSHIP EDUCATION AT THE UNIVERSITY OF BOTSWANA BY Nancy Nyambiya and Dr Neo Mooko

Conti…

2%

7%

31%

19%

41%

I would love to work for an enterprising company so that can learn more about business

Strongly Disagree

Disagree

Neutral

Agree

Strongly Agree

Page 18: STUDENTS PERCEPTIONS OF ENTREPRENEURSHIP …...I STUDENTS PERCEPTIONS OF ENTREPRENEURSHIP EDUCATION AT THE UNIVERSITY OF BOTSWANA BY Nancy Nyambiya and Dr Neo Mooko

Possible strategies to enhance

entrepreneurship education

Entrepreneurship education should be more

practical

0

10

20

30

40

50

60

Agree Strongly Agree

8.6%

91.4%

Fre

qu

en

cy

Entrepreneurship course should be more practical than theoretical

Page 19: STUDENTS PERCEPTIONS OF ENTREPRENEURSHIP …...I STUDENTS PERCEPTIONS OF ENTREPRENEURSHIP EDUCATION AT THE UNIVERSITY OF BOTSWANA BY Nancy Nyambiya and Dr Neo Mooko

Conti…

Project based learning

0

5

10

15

20

25

30

35

40

Strongly Disagree Disagree Neutral Agree Strongly Agree

3.5% 3.557.0%

22.8%

63.2%

Fre

qu

en

cy

The course should encourage project based learning

Page 20: STUDENTS PERCEPTIONS OF ENTREPRENEURSHIP …...I STUDENTS PERCEPTIONS OF ENTREPRENEURSHIP EDUCATION AT THE UNIVERSITY OF BOTSWANA BY Nancy Nyambiya and Dr Neo Mooko

Findings from interviews with lecturers

• Although students seem to value entrepreneurship they do not seem to see it as a career option

• Those who choose to do the course as an option seem to be more motivated than those who assigned the programme / course

• In terms of skills acquisition students were able to produce impressive business plans, and some have already started their own businesses

Page 21: STUDENTS PERCEPTIONS OF ENTREPRENEURSHIP …...I STUDENTS PERCEPTIONS OF ENTREPRENEURSHIP EDUCATION AT THE UNIVERSITY OF BOTSWANA BY Nancy Nyambiya and Dr Neo Mooko

Conti…

• Lecturers seem to be of the opinion that the mind-set change from job search to job creation has not yet fully taken place in the majority of students.

• Some of the entrepreneurship skills that students were acquiring include networking skills, opportunity identification, innovation, creativity, business plan writing, presentation skills, analytic skills, risk management, managerial skills, planning, project management skills, strategic planning, financial analysis, cash flow management, business plans, and innovation among others

• Lecturers also concur with students on the need for entrepreneurship education to be more practical oriented and to expose students to real life experience of entrepreneurship.

Page 22: STUDENTS PERCEPTIONS OF ENTREPRENEURSHIP …...I STUDENTS PERCEPTIONS OF ENTREPRENEURSHIP EDUCATION AT THE UNIVERSITY OF BOTSWANA BY Nancy Nyambiya and Dr Neo Mooko

Conclusions

• Students seem to appreciate the importance and relevancy of entrepreneurship education,

• However, their interest in entrepreneurship as a career path is still to develop.

• In terms of their entrepreneurial intensions, whilst students are considering to be involved in entrepreneurship activity and some have already registered their companies.

• The majority of students seem to consider finding a job as the first option

• The programme has equipped students with the necessary skills to embark on their own businesses.

Page 23: STUDENTS PERCEPTIONS OF ENTREPRENEURSHIP …...I STUDENTS PERCEPTIONS OF ENTREPRENEURSHIP EDUCATION AT THE UNIVERSITY OF BOTSWANA BY Nancy Nyambiya and Dr Neo Mooko

Recommendations

• That university should design entrepreneurship course which are morepractical, encourage experiential learning such as project based learning.

• It is recommended that the university collaborates and partners withvarious institutions which offer support to up coming entrepreneurs.

• it is recommended that a tracer study be conducted to establishentrepreneurial activity of the graduates who have gone throughentrepreneurship education.

• Finally it will also be interesting to find out how entrepreneurship cancontribute towards a mind set change from employment seeking mind-set to employment creation mind-set through entrepreneurship education

Page 24: STUDENTS PERCEPTIONS OF ENTREPRENEURSHIP …...I STUDENTS PERCEPTIONS OF ENTREPRENEURSHIP EDUCATION AT THE UNIVERSITY OF BOTSWANA BY Nancy Nyambiya and Dr Neo Mooko

Thank you

Thank you for your time