Is Entrepreneurship All About Chin-Chin and Soap Making?
Following a directive from the National Universities Commission (NUC) in 2006, Nigerian universities began the implementation of mandatory entrepreneurship education for all undergraduates during the 2007/2008 academic session. Most institutions officially launched these programs to promote self-reliance and reduce graduate unemployment. However, since then, entrepreneurship programs have largely been about the baking of cakes, chin-chin, the making of soaps, and adire in our universities. What most people perceive entrepreneurship to be is simply starting a new business. They wouldn’t be wrong in thinking so, as most entrepreneurial ventures start from scratch. However, the term has broadened in recent years and now incorporates a variety of ideas and areas. Business entrepreneurship is probably the most common type of entrepreneurial engagement, which includes the buying and selling of goods. Because of this, many believe it to be the only form of entrepreneurship, whereas other...