Social Networks and Entrepreneurship Orientation among Students in Nigerian Universities: A Study of Social Network Size and Risk Disposition

Abstract

The study analyzed social networks and entrepreneurial orientation with particular reference to Network of African Student Entrepreneurs in Nigerian Universities. The objective was to explain the relationship between social networks size and risk disposition among student entrepreneurs. Extant literature based on the objective was reviewed. The study adopted descriptive method. Analysis of Variance (ANOVA) was used to analyze the data. The theoretical underpinning is the sociological theory of entrepreneurship particularly the postulations of Frank Young in 1971. The findings revealed that a significant relationship was existing between social networks size and risk disposition among student entrepreneurs in Nigerian universities. If the students in Nigerian Universities fail to key into the revolution epitomized by the Network of African Student Entrepreneurs, then they run the risk of being bereft of entrepreneurial ideas. Consequently, it was recommended amongst others that the leadership of Nigerian Universities should accord the appropriate support by providing logistic support to facilitate its work.