Issues in Business Management and Economics
Vol.1 (2), pp. 022-036, June 2013
Article ID BM018, 015 pages
Copyright © 2014 Author(s) retain the copyright of this article. Author(s) agree that this article remain permanently open access under the terms of the Creative Commons Attribution License 3.0 International License
Original Research Paper
Entreprenuership education: A study of selected private higher eduational institutions in Ghana
Accepted 19 October,2013
Department of Banking and Finance,School of Business, Valley View University,P.O. Box AF 595 Adentan,Ghana.
Author E-mail: iodankwa(at)yahoo.com
This study sought to examine the effort by private higher educational institutions to contributing towards unearthing and developing potential entrepreneurs.It investigated the model of entrepreneurship education being employed and how it is financed. Data was gathered from sampled private higher educational institutions which were randomly selected. A questionnaire was sent to each institution, and given the opportunity to elect personnel to complete the questionnaire on its behalf. It was revealed that the model adopted for entrepreneurship education was the basic model creating the need to adopt other higher level models if the needed results were to be achieved. Students have been the targeted group of entrepreneurial education but this is a marginal number compared to the rest of the population. Financing of entrepreneurial education was observed to be a major challenge in any effort to adopt more efficient models and expand on the scope of the beneficiaries. The study recommended that new forms of financing arrangements should be explored with the aim to ensuring that entrepreneurship education attains the ultimate objective of empowering individuals to stimulate both personal and national economic growth. It is expected that entrepreneurship education would continue to be a main domain in tertiary education, and that tertiary educational institutions will take the leading role in spearheading entrepreneurship education of the informal sector. These noble objectives can however be attainable if issues of financing are appropriately addressed.
Key words: Education, finance, entrepreneur, entrepreneurship education