Business Education As An Instrument For Entrepreneurial Development

The availability of white collar jobs is on a continuous decline, courtesy of national and global economic recession. The worse is felt move in Nigeria where the unemployment rates is over 40%. This will likely exacerbate unless urgent steps in the right direction are taken.  

Apart from dwindling fortunes of the Nigerian economy, other factors have been adduced as among causes of the high unemployment index. These include, low competence of many school leavers and graduates making them almost unemployable. Perhaps the crucial one is the dearth of entrepreneurial skills, knowledge and business competencies in graduates that would have made them entrepreneurs. 

Experience from some Asian developing countries like Taiwan, Malaysia, Hong Kong, south Korea point to the fact that their school leavers and graduates are trained to be entrepreneurs after leaving school.

Consequently this has had positive effects on the national economy-viz-low unemployment ratio, high gross domestic product with consequent enhancement in standard of living.

This is the case being canvassed for in this paper: that Business Education is an instrument for entrepreneurial development.

CHAPTER THREE