The Contribution of Education to Entrepreneurship and Management

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DOI: 10.21522/TIJAR.2014.07.01.Art010

Authors : Ezekiel Mtonga

Abstract:

The purpose of this study was to establish the contribution education has on Entrepreneurship management and its effect on Small and Medium Enterprises (SMEs) in Chipata District of Zambia. Entrepreneurs remain key relevant partners in the economic development of any country globally, and Chipata district is no exception. Due to the lack of clear evidence as to how successful educated entrepreneurs are managing their businesses in Chipata district of Zambia, this study was aimed at assessing the contribution of education to SMEs in Chipata District. The study was limited to Small and Medium Enterprises (SMEs) in Chipata district, town centre. The study implored a descriptive cross-sectional study design to address the research questions. Questionnaires were used as means of collecting data from the business owners. The study sampled 60 business units in Chipata district. The sample was identified by means of specific purposive sampling. All ethical considerations were taken account. The findings showed that most of the entrepreneurs did not possess qualifications that were higher than a first degree, however some entrepreneurs made some efforts to study business courses at local universities. The findings also showed that the SMEs’ owners accepted and agreed that employees that had attained some business qualifications added value to the management of the business.

Keywords: Entrepreneurship, Education, Small and Medium Enterprises.

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