The Impact of Parent’s Entrepreneurial Success on Entrepreneurship Intentions of Undergraduate Students in Nigeria

Entrepreneurship intentions explains the reason why most people venture into business or desire to start a business. This desire is as a result of number of factors such as environmental factors, demographic factors, individual traits, family business background, parent's involvement or participation in entrepreneurship amongst others. Despite the robustness of evidences from past literatures on entrepreneurial intentions, little has been said on the impact of parent's entrepreneurial success on entrepreneurship intentions of undergraduate students. This study investigated the impact of parent's entrepreneurial success on entrepreneurship intentions of undergraduates' students in Nigeria. The survey research design was adopted for the study under investigation. Students were selected from a private and a state-owned University in Oyo State (Lead City University and First Technical University, Ibadan). A purposive sampling method was adopted in choosing the population size for the study. 90 students were purposively selected from the First Technical University, Ibadan and 90 students from the Lead City University, Ibadan. Primary method of data collected was adopted for this study through the administration of structured questionnaire. Cronbach Alpha coefficients ranging from 0.781 to 0.892 was used to validate the questionnaire. For the data analysis, descriptive and inferential statistics were adopted. The study also utilized secondary data from relevant journals in the field of Entrepreneurship. A hypothesis was tested on whether parent's entrepreneurial success has an impact on entrepreneurial intentions of undergraduate. The study revealed that there is no correlation between parents' entrepreneurial success and entrepreneurial intention of undergraduates.