PhD, Professor, Business Department, London School of Science and Technology, United Kingdom
PhD, Module leader in Business management, Business Department, London School of Science and Technology, United Kingdom
The purpose of this research is to investigate the often-neglected interactions between the leadership of enterprise/entrepreneurship education, poverty alleviation, and unemployment reduction. The relevance of leadership of enterprise education is to produce graduates with awareness, mindset, and capability to generate original ideas in response to identified needs. The broad aim of this study is to shed light on enterprise education and its impact on poverty and unemployment in Africa. In this modern world, with the rapid development of technologies and an ever-changing market environment, the leadership of enterprise education could be facing significant uncertainty in Africa. The paper aims to identify solutions that would help to remove fundamental barriers to pave the way to the seamless implementation of enterprise education. It analyses a transitional pilot program to test the effect on poverty and unemployment trends. The paper culminates in a set of recommendations based on the findings. In terms of the methodology that was undertaken, a survey comprising of pre-tested and close-ended questions with self-monitoring capability was distributed to participants. Regression analysis was undertaken to understand the nature and scope of interactions between enterprise education and poverty alleviation. Stratified sampling was also employed to gather undiluted data to ascertain the influence of early education, in particular, enterprise education on youth. The study finds that enterprise education creates a supportive environment for jobs and wealth creation. It facilitates individual as well as national growth and development, and it creates sustained employment and poverty elimination. The paper finds that the youth engagement and empowerment can improve Gross Domestic Product (GDP), arrest social unrest, reduce crime rates, and eliminate economic insecurity.
Keywords: enterprise, leadership, entrepreneurship, security, youth, poverty alleviation, education, unemployment.
JEL Classification: L32, K22, I3, I2, E24.
Cite as: Dum, A.B.N., Nwafor, B.C. (2019). The Leadership of Enterprise Education on Poverty Alleviation and Unemployment in Africa. Business Ethics and Leadership, 3(4), 28-33. http://doi.org/10.21272/bel.3(4).28-33.2019.
- Afzal, M., Ehsan, M. M., Ishrat, B., Kafeel, S., Hina, F. (2012). Relationship among Education, Poverty, and Economics Growth in Pakistan. Journal of Elementary Education, 22(1), 23-45. ISSN-Online: 2227-1090; Print: 1991-8100.
- Alberti, F., Sciscia, S., & Poli, A. (2004). Entrepreneurship Education: Notes on an ongoing debate. Proceedings of the 14th Annual International Entrepreneur Conference, University of Napoli Federico 11, Italy.
- Ariyo, D. (2008). Small firms are the backbone of the Nigerian economy. Page 11.
- Arogundade, B.B. (2011). Entrepreneurship Education: An Imperative for Sustainable Development in Nigeria. Journal of Emerging Trends in Educational Research and PolicyStudies (JETERAPS), 2(1), 26-29. ISSN: 2141-6990.
- Charney, A., & Libecap, D.B. (2000). The Impact of Entrepreneurship Education: An Evaluation of the Berger Entrepreneurship Program at the University of Arizona, 1985-1999. Kansas City, MI: The Kauffman Center for Entrepreneurial Leadership.
- Daniel, M., Rainer, H., Norbert, K., Birgit, W. (2016) The impact of entrepreneurship education on the entrepreneurial intention of students in science and engineering versus business studies university programs. Technol. Forecast.soc.104 172-179.10.1016/j.techfore.2015.11.006 [google scholar], accessed on 16/11/2019.
- Drucker, P.F. (1985). Innovation and Entrepreneurship: Practice and Principles. New York: Harper and Row.
- Kuratko, D.F., & Hodgetts, R.M. (2004). Entrepreneurship: Theory, Process, and Practice. Mason, OH; South-Western Publishers.
- Ogundele, O.J.K. (2007). Introduction to Entrepreneurship Development, Corporate Governance, and Small Business Management. Lagos: Molofin Nominees.
- Omolayo, B. (2006). Entrepreneurship in Theory and Practice. F. Omotosho, T.K.O. Aluko, O.I. Wale Awe.
- Ogboru, I., & Abiniku, A. C. (2011). The Impact of corruption on poverty reduction efforts in Nigeria. Page 3. Paper accessed online.
- Ogundele, O.J.K., & Olayemi, O.O. (2004). Entrepreneurial Education and Social Economic Reconstruction. Nigeria Journal of Curriculum and Institution, 12(1), 12. Paper accessed online.
- Ogundele, O.J.K. (2004). Wealth Creation through the Development of Indigenous Technology. 12 National Conference Environments and Behavior of Association of Nigeria, University of Agriculture, Abeokuta. 24-26.
- Omoniyi, M. B. I. (2013). The Role of Education in Poverty Alleviation and Economic Development: a theoretical perspective and counselling implications. British Journal of Arts, and Social Sciences, 15(2), 2046-9578. ISSN: 2046-9578.
- Osuagwu, L. (2002). Entrepreneurship in a Developing Economy: Empirical evidence from Nigeria Business Organizations. International Journal of Entrepreneurship, 6, 19-32. ISSN 1099-9264.
- QAA (2018). Enterprise and entrepreneurship education: Guidance for UK Higher Education providers.
- Schumpeter, J.A. (1942). Capitalism, Socialism and Democracy. 3rd edition, London: George Allen and Unwin, 1976.
- Squire, L. (1993). Fighting Poverty. American Economic Review, 83(2), 377-382.
- Timmons, J.A., & Spinelli, S. (2004). New Venture Creation: Entrepreneurship for the 21st Century. Boston: McGraw Hill Irwin.
- Wiklund, J., & Shepherd, D. (2003). Knowledge-based Resources, Entrepreneurial Orientation of Small and Medium-sized Businesses. Strategic Management Journal, 24(13), 1307-1314. DOI: 10.1002/smj.360.