Decision making Habit and Risk taking behaviour as Correlate of Entrepreneurial Aspiration of Students in Ogun State Tertiary Instistutions

Abstract

This study investigated decision making habit and risk taking behaviour as correlates of entrepreneurial using descriptive design of correlation type. A total of 250 final year students selected through purposive sampling technique from four institutions in ogun state participated in the study. Two research questions guided the study. Data were collected using three validated instruments; Decision making habit questionnaire, Risk taking behaviour inventory and Entrepreneurial aspiration questionnaire. The statistical tools employed in the study were the multiple regression analysis (MRA), Pearson moment correlation coefficient and the ANOVA Analysis of variance). Findings from the study revealed a relative contribution of the two independent measures to the variance of the entrepreneurial aspiration of students. The two variables (Decision making habit and risk taking behaviour) when combined jointly predict the entrepreneurial aspiration of students. It is recommended among others that agency responsible for curriculum development in tertiary institutions should mount educational programmes aim at developing entrepreneurship personality attributes while Small and Medium Enterprise Development Agency (SMEDAN) should organize students Entrepreneurship development programme for graduating students with a view to launching them into the business world.