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THE ROLE OF
FORMAL SCHOOL IN PROMOTING ENTREPRENEURIAL CAPACITIES IN NIGERIA
CHAPTER ONE
INTRODUCTION
1.1 BACKGROUND TO THE STUDY
Entrepreneurship
capacities are increasingly recognized as important drivers of economic growth,
productivity and employment, and as a key aspect of economic dynamism. Recent
dimensions to entrepreneurship have necessitated the need for formal education
for entrepreneurs. There has been consequent rapid increase in the numbers of
schools (primary, secondary and tertiary) all over the world. The continuous
expansion in the educational and other training institutions is part of the
quest for entrepreneurial capacity building. As indicated earlier changes in
manpower needs induce appropriate reactions from the human resource development
agencies.
Formal
education according to Bassey (2006) is a process of acculturation through which
an individual is helped to develop his potentials and maximum activation in
order to achieve self-fulfillment and happiness. Ajuzie (2005) sees education
as an essential part of the society process employed to train the human beings
to be functional and to adopt the behavioral patterns by the same society.
Education is also an ever- present phenomenon in each phase of human
civilization however diverse its nature in each era (Ekwosi, 2012). Embedded in
these views is the role education plays in training human beings. The role of
education in entrepreneurial capacity development cannot be over emphasized.
Some people even see the importance of education in human development to the
extent of presenting education as playing a complementary role in creation of
human beings, hence they assert that God initiated creation and education
completed it.
The whole
value of an individual that gives him his worth and determines his relative
position in his society is a function of his education no matter the type. According
to Amao-keinde (2000), education, as a process, embodies all forms of
activities that fit an individual for social living. It helps to transmit
culture from generation to generation. The desire of every society is that the
individuals in the society get developed towards the overall development of the
society itself.
The school
takes upper hand in the process of entrepreneurial development of the members
of the society (Ajuzie, 2005). No society can exist and maintain continuity in
norms and values without one form of education or the other. That a human being
is different from a beast is as a result of the training (education) he
received growing in human society imbibing the norms and values of that
society. The need for proper education in the area of business management has
led to the introduction of entrepreneurship education into the school
curriculum.
Entrepreneurship
education as part of the total educational system is the type of education that
involves the acquisition of skills, ideas and management abilities necessary
for job creation. Proper education can only be gotten from a formal school. A
formal school is an institution designed to provide learning spaces and
learning environments for the teaching of students or pupils under the direction
of teachers. Most countries have systems of formal education, which is commonly
compulsory. In these systems, students progress through a series of schools.
The names for these schools vary by country but generally include primary
school for young children and secondary school for teenagers who have completed
primary education. An institution where higher education is taught, is commonly
called a university college or university.
An
entrepreneur promotes employment rather than seeking for an employment.
Therefore, there is a need to embrace this type of education and provide all
the necessary resources needed to make functional. Quality entrepreneurship
education could be used as a tool for fighting the war against poverty and
unemployment in Nigeria. Therefore, quality entrepreneurship education will
enhance job creation which will subsequently reduce unemployment, poverty and
social vices in Nigeria. This will also help to improve the standard of living;
hence promote social economic and political development in Nigeria which is the
cardinal objective of Millennium Development Goals (MDGs). Also, for the
recipient of entrepreneurship education to be a job creator rather than
job-seeker, he might acquire essential basic skills and attitudes which will
enable him to function as an entrepreneur.
1.2 STATEMENT OF THE PROBLEM
Generally,
there are some challenges militating against the production of quality
entrepreneurial capacity in Nigeria. These may come from the government,
parents or even from certain unpredictable environmental forces which are
external. Unless these problems are looked into, the realization of the aim and
objectives of quality entrepreneurship education in achieving the Millennium
Development Goals (MDGs) in Nigeria will be a mirage. It is therefore, against
this background that this study examines role of formal school in promoting
entrepreneurial capacities in Nigeria. Although, there is now a very serious
attention paid to entrepreneurship education in tertiary institutions in
Nigeria and the world-over.
1.3 OBJECTIVES OF THE STUDY
The
following are the objectives of this study:
To examine
the role of formal school in promoting entrepreneurial capacity in Nigeria.
To determine
the adequacy of school curriculum in promoting entrepreneurial capacity in
Nigeria.
To identify
the factors militating against the promotion of entrepreneurial capacity
through formal school.
1.4 RESEARCH QUESTIONS
What is the
role of formal school in promoting entrepreneurial capacity in Nigeria?
What is the
adequacy of school curriculum in promoting entrepreneurial capacity in Nigeria?
What are the
factors militating against the promotion of entrepreneurial capacity through
formal school?
1.5 HYPOTHESIS
HO: There is
no significant relationship between formal school and promotion of
entrepreneurial capacity in Nigeria.
HA: There is
significant relationship between formal school and promotion of entrepreneurial
capacity in Nigeria
1.6 SIGNIFICANCE OF THE STUDY
The
following are the significance of this study:
The outcomes
of this study will reveal the role of formal school in promoting entrepreneurial
capacity in Nigeria. It will also reveal the basis for entrepreneurship
education which has been introduced to formal school all over the world to
develop entrepreneurial capabilities
This
research will be a contribution to the body of literature in the area of the
role of formal school in promoting entrepreneurial capacity in Nigeria, thereby
constituting the empirical literature for future research in the subject area.
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