ENTREPRENEURIAL OPPORTUNITIES AWARENESS, PERCEPTION, AND INTENTION AMONG LIBRARY AND INFORMATION SCIENCE STUDENTS.

CHAPTER ONE

1.1 BACKGROUND TO THE STUDY

Entrepreneurial opportunities emerges at nexus of individual aspirations with economical and social conditions perceived as favourable to create a new products, service either in an existing market or a new ones. Entrepreneurial opportunities are those situations in which new goods, services, raw materials and organizing methods can be introduced and sold at greater than their costs of production.

Although some researchers argue that the subjective or socially constructed nature of opportunities makes it impossible to separate opportunity from the individual, other content that opportunity is as an objective construct visible to create by the knowledgeable or attained entrepreneur.

History has shown that economic progress has been advanced by pragmatic people who are entrepreneurial and innovative, able to exploit opportunities and willing to take risks and transforming ideas into opportunities.

The study will also examine the entrepreneurship awareness among the library and information science students of AIFPU and ABSU. Awareness will be based mainly on the ability of the individual to evaluate the chosen opportunity, entrepreneurship as an activity that involves the discovery evaluation and exploitation of opportunities to introduce new goods and services. Fundamental attributes of people, rather than information about opportunities will determine who becomes an entrepreneurs, this process depends on the people ability and willingness to take action.

1.21 HISTORICAL DEVELOPMENT OF AIFPU

AkanuIbiam Federal Polytechnic Unwana (formerly the federal Polytechnic Unwana-Afikpo) was established by Decree No. 33 of 1979. The polytechnic took off in November, 1981 when the pioneer Rector Late Engr. Dr. O.B Egelle assumed duties at the temporary office at Afikpo. Work then commenced on the rehabilitation of the polytechnic’s temporary site at Okposi in Ohazara local government Area of the then Imo state. At the same time, perimeter survey of the permanent site of the institution at Unwana, in Afikpo Local government Area commenced. On April 30, 1982, the foundation stone of the polytechnic was laid at Unwana by the then Vice President of the federal Republic of Nigeria, Dr. Alex Ekwueme.

On May 27, 1982 the institution admitted its first batch of 178 students for courses in Business Administration and Management, Secretarial Studies, Electrical Electronics Engineering Technology, and Mechanical Engineering Technology. The institution has since included Accountancy, Civil EngineeringTechnology and Science Laboratory Technology Departments, other department which include; Computer science, Pre ND science, Food Technology, Ceramics Technology, Hospitality and Tourism management, Building Technology, Quantity Surveying, Estate Management, Surveying and Geoinformatics Technology, Architectural Technology, Mathematics and Statistics, Agricultural Technology, Public Administration, Marketing and Pre ND Business studies has since been accredited. Most of these departments run programmes in both National and Higher National Diploma courses.

On September25, 1982, the polytechnic was officially declared open at a matriculation ceremony which marked the formal admission of the first batch of students. The student population was grown from 178 in 1981/82 to more than 5000 in 2010/2011 session.

On the 9^th of June, 1987, the polytechnic moved to its permanent site from where it operates now. Unwana the permanent home of the institution is a town by the bank of the Cross River;Unwana people have a rich culture as well as a conducive environment for academic pursuits.

The philosophy of the polytechnic is embodied in her Motto which is “SKILL FOR TECHNOLOGICAL FREEDOM”. The philosophy is principallyaimed at incalculating in students and staff the discipline of hard-work to be able to acquire both the practical and theoretical skills necessary for self-reliance.

The Logo shows that local pottery/ceramics, one of the mankind’s earliest technologies. Inside the pot with a gear wheel stopper are ears of rice an expression of the link between agriculture technologies. The entire conception is a symbol of motion to modern technology.

1.2.2 HISTORICAL DEVELOPMENT OF ABSU

The development of the institution started with the government at Imo state under chief Sam Mbakwe who sought for and obtained the approval at the federal government for the establishment of old Imo state university.

Now, Abia state university through law No. 4 passed by the Imo state House of Assembly, Owerri. This was amended by Edict 27 of 1985, another in 1986. Initially, the university was designed as a multi-campus structure with one college to be located in such senatorial district of the ten Imo state with its main campus located at Etiti in the Okigwe senatorial zones while the Aba campus, in Aba zone, housed the college of business and legal studies. The multi-campus structure phased out as a result of logistics. The university was ten relocated to UturuOkigwe in one campus.

Following the creation of Abia state in 1991, the Uturu campus of the university was ceded to Abia state, and is now known as Abia state university UturuIsuikwuato local government Area, Abia state. Professor M.J.C. Echeruo was the pioneer vice chancellor of the university. It has two campuses, its main campus in Uturu and the college of Agriculture and veterinary medicine housed by the campus in UmuahiaAbia state Capital.

The institution has produced seven vice chancellors since her inception and Professor UchenEleazerIkonne is the current vice-chancellor. The institution is located in Igbo heartland where skill acquisition and entrepreneurship constitute the culture of the people. The motto of the institution is “EXCELLENCE AND SERVICE”. Entrepreneurship has been recognized as an important element in the dynamics of all economics and it is regarded as the driving force in economic growth and job creation. Students today increasingly recognized that in the current economic climate most jobs are rarely for life, students normally prepare for employment in the corporate sector after graduation and only small percentage of graduates actually become entrepreneurs.

A different and more rigorous approach to entrepreneurial intention is rotted in the psychological literature, where intentions have been studied in terms of process models (intention models). These models which includes models based on the theory of planned behaviour. More specifically, if applied to entrepreneurial setting, these models offer an opportunity to better understand and predict entrepreneurial activities.

1.3 STATEMENT OF THE PROBLEM

Due to the level of unemployment and its associated social ills have been traced to poor entrepreneurship and skill development among students in tertiary institution.i.eAkanuIbiam Federal Polytechnic Unwana. This problem manifest on the students and lack of entrepreneurial and problem solving/decision making skills, lack of analytical and ICT skills, and ignorance in the use of modern equipment, and also lack of knowledge management skills.

1.4 OBJECTIVES OF THE STUDY ARE;

i. To ascertain the level of awareness of entrepreneurial opportunities in LIS

ii. To determine the perception of student’s about enterprenreurial opportunities in LIS

iii. To find out the intensions of students about entrepreneurship opportunities in LIS

iv. To high light possible challenges of establishing entrepreneurial opportunities in LIS.

1.5 RESEARCH QUESTIONS

1. What are the students’ levels off awareness of entrepreneurial opportunities in LIS?

2. What are the perceptions o...

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