EFFECT OF ENTREPRENEURSHIP EDUCATION ON POST-RETIREMENT BUSINESS INTENTION OF POTENTIAL RETIREES IN KEFFI LOCAL GOVERNMENT AREA OF NASARAWA STATE, NIGERIA
Abdul Tukur Tanko, Agu, Nnenna Monica and Ahmed, Uthman Omale
Volume 2 Issue 2
Abstract
The main objective of the study was the determination of the effect of entrepreneurship education on postretirement business intention among potential retirees in Keffi Local Government Area of Nasarawa state. A snowball sample of 396 respondents who were prospective retirees of five government organizations in Keffi LGA provided the primary data used in the study. Data was collected through the administration of copies of a structured questionnaire with closed-ended items forming each variable scale. The collected data was used to estimate an ordinal regression model based on the stated study hypotheses, as well as the underlying theory. The result obtained showed that all three components of entrepreneurship education were positive and significant determinants of post-retirement business intention among potential retirees. It was therefore, recommended that these individuals be given intensive, business specific training to channel work-related expertise into business management competence; that they be offered critical entrepreneurial knowledge through the expansion of current entrepreneurship educational programmes to accommodate their needs; and they be mentally prepared to embrace an alternative income stream that will augment pension income after retirement. Keyword: Business Intention, Entrepreneurship Education, Entrepreneurial Knowledge, Post-Retirement, Potential Retirees
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