Building Entrepreneurial Communities in Higher Education: Insights from Afe Babalola University as a Case Study

Abstract

Entrepreneurial communities within higher education play a pivotal role in fostering innovation, collaboration, and the development of future business leaders. Using Afe Babalola University (ABUAD) in Nigeria as a case study, this study explores the dynamics of creating and sustaining entrepreneurial communities in higher education institutions, with a focus on mentorship, peer networks, and collaboration. The research evaluates how ABUAD's entrepreneurship programme equips students with entrepreneurial skills while fostering a supportive ecosystem for student entrepreneurs. Through a mixed-method approach, combining a survey of 324 final-year students and interviews with eight faculty members, the study uncovers the critical role of mentorship and networking in motivating entrepreneurial ventures. Findings reveal that 96% of students participated in entrepreneurship courses. Despite successes, challenges such as limited funding and inadequate practical resources hinder entrepreneurial growth. The research highlights the importance of strengthening institutional support systems, emphasising the global relevance of entrepreneurial communities in enhancing student success and driving economic development. Insights from ABUAD serve as a model for other institutions aiming to cultivate thriving entrepreneurial ecosystems.