BUSINESS EDUCATION AND ENTREPRENEURSHIP CAPACITY: A CATALYST FOR ECONOMIC SURVIVAL IN A DISTRESSED ECONOMY

Authors

  • O. A. Oluwo Lagos State University of Education (LASUED)
  • S. O. Shabi College of Vocational and Entrepreneurship Education (COVED), Business Education Department, Epe-Campus
  • O. O. Osikoya Sikiru Adetona College of Education, Science and Technology, College of Vocational Education and Technical Education, Business Education Department Omu- Ajose, Ijebu, Ogun State

Keywords:

Business Education, Distressed Economy, Entrepreneurship Capacity and Economic Survival.

Abstract

This study examines the impact of business education and entrepreneurship capacity as
catalysts for economic survival in a distressed economy. This study extensively discusses the
importance of business education and entrepreneurship capacity. This study was built on
economic incentives theory, and relevant literature, including the concepts of
entrepreneurship, business education, and distressed economies, was appropriately reviewed
in this study. This study critically looks at the methods by which business education and
entrepreneurial capacity can help a distressed economy, including the development of skills
and the facilitation of financial backing. The paper concludes with a discussion of the
implications of business education and entrepreneurship capacity for economic survival in a
distressed economy. Recommendations were made thus: that more attention should be given
to business education programmes at all levels in order to promote or sustain the core
economic value; also, that entrepreneurship education should be given priority among
unemployed graduates, etc.

Published

2024-06-15

Issue

Section

Articles