Factors Affecting New Graduate Entrepreneurial Intention: An Empirical Study of the Unemployed Graduates in Nigeria

Abstract

The current research examined the effect of Startup capital, Educational system and Culture on entrepreneurial intention among fresh graduate in Nigeria. The data were collected from Graduates and undergraduate’s students in the University of Lagos, Kaduna State University, Abia State University, University of Calabar and Niger Delta University, 250 questionnaires were distributed and 180 responses were collected and analyzed. The findings confirmed the strong positive relationship between variables of the study. Startup Capital/Infrastructure, Education and Cultural Factor account for 58% of the variance in Entrepreneurial intention. The study hopes to help academicians and curriculum planners to be mindful of entrepreneurship when drafting and implementing curriculum to motivate student accumulate intentions to start a business.