Does entrepreneurship education invigorate opportunity recognition and exploitation?

Background: Entrepreneurship is essential for economic growth and innovation, and educational institutions, particularly technical and vocational education and training (TVET) colleges, play a pivotal role in nurturing entrepreneurial skills. Aim: This study examined the relationship between entrepreneurship education, opportunity recognition and exploitation. Setting: The research was conducted among the students at the selected TVET college in the North West province, South Africa. The study focussed on the students enrolled in N5 to N6 levels under business management and marketing management programmes because they have a background in entrepreneurship and business management. Methods: A quantitative research design was employed, utilising a structured questionnaire. A non-probability sampling technique was used, and the sample size consisted of 151 completed questionnaires. Data were analysed using Statistical Package for the Social Sciences and Smart-PLS software to identify correlations between the constructs. Results: The findings indicate a positive correlation between the quality of entrepreneurship education and the ability to recognise and exploit opportunities. The results imply that the students who receive comprehensive entrepreneurship education, demonstrate a higher propensity to identify and act on entrepreneurial opportunities. Conclusion: The results emphasise the importance of entrepreneurship education in equipping TVET college students with skills critical for opportunity recognition and exploitation. Efforts should be vested in the integration of entrepreneurship education into other non-business-related study programmes. Contribution: This research adds to literature by providing empirical evidence on the impact of entrepreneurship education in TVET colleges, emphasising the importance of collaboration between educational institutions, businesses and policymakers in fostering entrepreneurial development.

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Publication Details

Journal
The Southern African Journal of Entrepreneurship and Small Business Management
Published
2025-04-26
DOI
https://doi.org/10.4102/sajesbm.v17i1.1068
Primary Topic
Entrepreneurship Studies and Influences
Type
article
Field-Weighted Citation Impact
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article

Does entrepreneurship education invigorate opportunity recognition and exploitation?

Ralebitso K. Letshaba, Ayanda Sibiya, Brian Ngwako Mahosi
The Southern African Journal of Entrepreneurship and Small Business Management
Entrepreneurship Studies and Influences
article

Does entrepreneurship education invigorate opportunity recognition and exploitation?

Ralebitso K. Letshaba, Ayanda Sibiya, Brian Ngwako Mahosi
article en

Abstract

Background: Entrepreneurship is essential for economic growth and innovation, and educational institutions, particularly technical and vocational education and training (TVET) colleges, play a pivotal role in nurturing entrepreneurial skills. Aim: This study examined the relationship between entrepreneurship education, opportunity recognition and exploitation. Setting: The research was conducted among the students at the selected TVET college in the North West province, South Africa. The study focussed on the students enrolled in N5 to N6 levels under business management and marketing management programmes because they have a background in entrepreneurship and business management. Methods: A quantitative research design was employed, utilising a structured questionnaire. A non-probability sampling technique was used, and the sample size consisted of 151 completed questionnaires. Data were analysed using Statistical Package for the Social Sciences and Smart-PLS software to identify correlations between the constructs. Results: The findings indicate a positive correlation between the quality of entrepreneurship education and the ability to recognise and exploit opportunities. The results imply that the students who receive comprehensive entrepreneurship education, demonstrate a higher propensity to identify and act on entrepreneurial opportunities. Conclusion: The results emphasise the importance of entrepreneurship education in equipping TVET college students with skills critical for opportunity recognition and exploitation. Efforts should be vested in the integration of entrepreneurship education into other non-business-related study programmes. Contribution: This research adds to literature by providing empirical evidence on the impact of entrepreneurship education in TVET colleges, emphasising the importance of collaboration between educational institutions, businesses and policymakers in fostering entrepreneurial development.

The Southern African Journal of Entrepreneurship and Small Business ManagementVol. 17(1)
University of South Africa (ZA), University of Johannesburg (ZA)
Decent work and economic growth
Openalex Percentile: Top 88%
Entrepreneurship Studies and Influences
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