Ayinde Adekunle
Walden University Ekore, J. O. & Okekeocha, O. C. (2012). Fear of Entrepreneurship and University Graduates: A Psychological Analysis. International Journal of Management, Vol. 29 No. 2 Part 1 pp. 515 - 524.
In this study, the authors probed how psychological factors affected the choice of entrepreneurship as a means of lifelihood by university graduates in Nigeria. Using questionnaires, completed by 729 males and 371 females, totaling 1100 university graduates of the University of Ibadan, cutting across thirteen (13) faculties, three (3) halls of residence and two (2) libraries, the researchers found that core self-evaluation (CSE) and pre-entrepreneurial factors of fear of failure, criticism, success and change influenced the choice of entrepreneurship by university graduates as a career. The study which focused mainly on Africa, as prior works in this area, had been concentrated on the western countries revealed that people with high core self-evaluation embraces entrepreneurship more than those with low CSE. Also high perception of entrepreneurial capacity was found to evoke less fear in entrepreneurship by young graduates. Employing clear language, the authors employed the instrument of questionnaire in their work. The authors based their study on the well documented core self-evaluation theory. Their sample size is 1100 with both genders well represented. The samples also cut across a wide range of professionals and people with different educational trainings. The large size of samples controlled for bias in respondents’ educational training.The 12-item scale was used to measure CSE and the authors scored the variables examined on a range of 5 (strongly agree) to 1 (strongly disagree). Entrepreneural attributes were also measured from strongly agree to strongly disagree. The authors carried out two hyphoteses testing to confirm their findings. A major weakness of this study was the limited