An Assessment of Personal Entrepreneurial Characteristics among Nigerian Technical College Students

Part of the solution to industrialization involves the creation of more businesses. It is expected of technical college students to create more of these businesses due to their practical know-how acquired in their period of study. This study sampled 450 students from 9 technical colleges in southwestern Nigeria to measure the level of Personal Entrepreneurial Characteristics (PEC) and the impact of PEC on venture creation intention of technical college students. The study found out that more than half of the students investigated had high level of PEC but there is no significant relationship between the students’ PEC level and their venture creation intention. This implies that though the students have more than average level of PEC, their intention to create new business is low and this could lead to an increase in the unemployment rate as the graduates from Nigerian technical colleges will join the graduates from other higher institutions seeking for white collar jobs.