The Effect of Access to Credit on Students’ Entrepreneurial Intentions; A Case Study of Valley View University, Oyibi
Date
2019-08
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
University of Ghana
Abstract
The critical role entrepreneurship play in economies made it necessary for the study to be
done to examine critical factors that affect students’ Entrepreneurial Intentions. The
heightened rate of unemployment in Ghana coupled with the Ghanaian youths’
overreliance on the state for employment made the conduct of this study critical and
timely, as it sought to assess the effect of access to credit on students’ entrepreneurial
intentions at the Valley View University, Oyibi.
The convenience sampling technique was used to select 150 students of VVU. The
quantitative methodology was used for study. A self-designed questionnaire which
consists of close- ended questions was used to collect data from VVU. After a cross
section data was gathered, the data was analyzed using the Statistical Package for Social
Sciences (SPSS).The regression analysis that was conducted found a positive relationship
(R2 = 0.11) between access to credit and entrepreneurial intentions of students of VVU.
The study also found that students have negative perceptions about entrepreneurship, as
most of them perceived entrepreneurship to be a risky venture; the field is meant for only
student who are talented entrepreneurs; and the field is meant for students who are from
rich homes. The entrepreneurship education in universities was also found to be non
practical. It is therefore recommended that the state should consider creating equity fund
to supporting the financing of entrepreneurship.
It was also recommended that students should be reoriented about the benefits of
entrepreneurship.
Description
MSc.
Keywords
Entrepreneurial, Credit, Valley View University, Oyibi