Socio-Economic Determinants of Entrepreneurship Decision among Yam Agribusiness Entrepreneurs in Benue State, Nigeria

The socio-economic determinants of entrepreneurship decision among yam agribusiness entrepreneurs in Benue State of Nigeria were examined. The specific objective was to identify and analyse the determinants of entrepreneurship decision among yam agribusiness entrepreneurs. Data were collected from 288 yam agribusiness entrepreneurs in six local government areas and 24 wards using a multi-stage sampling technique. Structured interview schedule was used to collect the data. Data collected were analysed using logit model. The finding indicates that age, educational status, years of experience, profit motive, financial independence, place to retire, and household entrepreneurial history significantly influence entrepreneurship decision of yam agribusiness entrepreneurs. It was recommended that workshops aimed at educating yam entrepreneurs on yam processing equipment and various processed forms of yams be encouraged; campaigns geared towards promoting the financial benefits of these various food forms from yam be encouraged; and credit facilities should be made available and accessible to these yam entrepreneurs to enable them adopt and utilize these yam processing equipments.