Entrepreneurial Capacity and Entrepreneurial Intention of Chemistry and Chemistry-Related Graduate Employees of the Federal Institute of Industrial Research Oshodi (FIIRO), Lagos (Published)
All over the world, there is growing literature on entrepreneurial intention as a broad research area of interest amongst researchers in entrepreneurship. However, most of these studies are from the developed world and mostly conducted on students. Against this background, this study seeks to evaluate the entrepreneurial capacity and entrepreneurial intention of Chemistry and Chemistry-Related Graduate Employees of the Federal Institute of Industrial Research Oshodi (FIIRO), Lagos. Questionnaires designed in six-point Likert scale format was used as the instrument for gathering the study primary data. The population size comprises all the 109 respondents from the sample area. The entire population was used as sample for the study. Thus, 109 questionnaires were administered and 49 were retrieved. Data generated was analyzed using correlation and regression analysis. The result reveals that there is relationship is positive and significant (r = 0.975, p = 0.000< 0.05) between entrepreneurial competency and entrepreneurial intention. The study also reveals a positive and significant relationship (r = 0.967, p = 0.000< 0.05) between entrepreneurial self-efficacy and entrepreneurial intention. The result yielded a coefficient of multiple regression of R=0.981 and multiple R-square of 0.962. The result also revealed that Adjusted R2=0.960; indicating that about 96.0% of variance was accounted for by the independent variables. The study recommends appropriate entrepreneurial training for Chemistry and Chemistry-related graduate employees of FIIRO to be able to convert their entrepreneurial intention into entrepreneurial activities and pick career as entrepreneurs.