An Analysis of Entrepreneurial Mind-Set in Nigeria: A Case Study of Postgraduate Students in Gombe State University, Nigeria

Abstract

Entrepreneurial mind-set is an important factor towards entrepreneurship. This study examined the effect of perceived feasibility, perceived desirability and self-efficacy on entrepreneurial mind-set of postgraduate students in Gombe State University. The study was underpinned on the growth theory of intelligence; data was collected from primary source through a structured 5-likert scale questionnaire. A sample size of 254 was drawn from a population of 711 postgraduate students of the university with the aid of the Yamane formula. Structural Equation Model (SEM) was used to analyses the data. Findings reveal a negative effect of perceived feasibility on entrepreneurial mindset while perceived desirability and self-efficacy both showed positive effects on entrepreneurial mind-sets of the students. The study concluded that entrepreneurial mind-set is essential to entrepreneurship but recommended a deliberate policy intervention by government to make financing options available and accessible to entrepreneurial start-ups to enable students perceive entrepreneurship as a feasible career option.