2.1 PREAMBLE In Nigeria both state and federal government are now placing much emphasis on the promotion of indigenous small scale enterprises with a view to encouraging entrepreneurship. This study address critical issues like life aspirations, likely source of financial capital, entrepreneurial orientation, attitude towards work, intention towards becoming an entrepreneur, subjective norms underlying this intention, perceive behavioural control, behavioural beliefs, nor mature belief and control beliefs others. Johannisson (1991) and Auto et al. (1997) scored the positive impacts of students perception of entrepreneurship as a career choice, along with the role played by the research has source the importance of the social status of entrepreneurial activities and situation. Entrepreneurship education and influence both currents behaviour and future intentions. Kolverldmoen (1997) look at the significant differences between students who have taken entrepreneurship courses and those who have not.
2.2 CONCEPTUAL FRAMEWORK Entrepreneurship has been described as a creative and innovative response to the environment. Meredith et al (1991) looks at and entrepreneur as an individual who has ability to see and evaluate business opportunities, gather the necessary resource to take advantage of them, and initiate appropriate action to ensure success. This turn of events has been mirrored by a rising academic interest in entrepreneurship, understood as the creation and establishment of new independent firms in the early empirical research this interest was very much focused on the psychological characteristics of business founders, although the research was not closely to contemporary development in psychology. A trait approach was often employed, and almost endless loots of entrepreneurial trait were suggested (Hornaday 1982) it eventually turned out that this line of research was unable to give more than a small fraction of the answer to the question “what make people found new firm?”
2.3 NEED, SCOPE AND CHARACTERISTICS OF ENTREPRENEURSHIP Entrepreneurship was been recognized as an essential ingredient of economic development. In the early 16th century in France, the term entrepreneur was used for army leaders. It was applied to their business for the first time 18th century to designate a leader who buys and sells goods at certain prices. Entrepreneurship has never played a central role for years, the main focus of economic has been on the allocation of resources and how it is achieved by market or by government. It is only recently with the revival of interest in the question of economic growth Schumpeter’s view have required greater silence. Empirical research on entrepreneurship in economic is surprisingly limited. The need for autonomy (or independence) is one of the most frequently stated reasons for founding a firm or wanting to do so (Bamberger, 1986; Cromie 1988; Scot and twomey, 1988).
2.4 ENTREPRENEURIAL TRAITS Noel (2001) explained specifically the importance of entrepreneurship emphasizing on the development of entrepreneurial intention and the perception of self efficiency. The students in the sample had all taken an entrepreneurship education program and were graduated in entrepreneurship, management or another discipline. Noel’s finding at least partially confirmed the assumption that entrepreneurship graduates were more likely to create new business and has a higher level of intention and more developed perception of self efficiency than students in the other two groups. McClelland (1961) in his work identifies need for achievement (called n- achievement) to be linked with entrepreneurial spirit necessary to taken risks to develop a country economic. He also said entrepreneurs are likely to do well if they posses the following traits.
2.5 ENTREPRENEURIAL TASKS Entrepreneurship is concerned with many activities that have to do with the establishment and operation of business enterprise. These activities include identification of investment opportunities to exploit for profit, gathering the resourced needed for production and distribution of goods and services, organization and management of human and material resources.