Journal of Behavioural Economics, Finance, Entrepreneurship, Accounting and Transport
ISSN (Print): 2376-1326 ISSN (Online): 2376-1334 Website: Editor-in-chief: Pr. Abdelfatteh Bouri
Open Access
Journal Browser
Journal of Behavioural Economics, Finance, Entrepreneurship, Accounting and Transport. 2014, 2(3), 63-69
DOI: 10.12691/jbe-2-3-2
Open AccessArticle

Impact of Entrepreneurship Education on Partnership Venture Intentions

Albert Opoku Frimpong1,

1Department of Economics, Kwame Nkrumah University of Science and Technology, Kumasi, Ghana

Pub. Date: June 10, 2014

Cite this paper:
Albert Opoku Frimpong. Impact of Entrepreneurship Education on Partnership Venture Intentions. Journal of Behavioural Economics, Finance, Entrepreneurship, Accounting and Transport. 2014; 2(3):63-69. doi: 10.12691/jbe-2-3-2


Literature on ‘self-employment’ have implied and focused on sole-proprietorship. What is missing from the extant literature is the relationship between entrepreneurship education and partnership venture formation. This study explored this gap. This study investigated the impact of entrepreneurship education on partnership venture intentions using entrepreneurship students at Kumasi Polytechnic, Ghana, as case study. The study employed cross-sectional data. Using the convenient sampling method, a sample size of 220 was used for the study. Both qualitative and quantitative analyses were carried out. A logistic regression model was employed to estimate the objectives of the study. The study found that entrepreneurship education positively impacts on the intentions to form partnership venture. Stakeholders, academic and training institutions should structure their entrepreneurship programmes to include partnership venture formation. At 5% error level, the study found large scale production, previous experience in running partnership venture, continuity of business as well as access to funds statistically significant to impact on the intentions to form a partnership venture after graduation. Prospective entrepreneurs should pay more attention to these variables to consider partnership venture in their entrepreneurial undertakings.

entrepreneurship entrepreneurship education partnership venture entrepreneurial intentions entrepreneur

Creative CommonsThis work is licensed under a Creative Commons Attribution 4.0 International License. To view a copy of this license, visit


[1]  Weber, M. (1930) The Protestant work ethic and the spirit of capitalism, Allen and Unwin, London.
[2]  Cole, A.H. (1965) An approach to the study of entrepreneurship, in Aitken, H.G. (ed.), Explorations in enterprise, Harvard University Press, Cambridge, Mass, 30-44.
[3]  Schumpeter, J.A. (1912/1934) English translation published in 1934, The theory of economic development. Cambridge, MA: Harvard University Press.
[4]  Cantillion, R. (1755) Essai sur la Nature du Commerce en General, H. Higgs (ed.), (1931) Macmillan, London.
[5]  McStay, D. (2008) An investigation of undergraduate student self-employment intention and the impact of entrepreneurship education and previous entrepreneurial experience, A Doctor of Philosphy degree thesis submitted to the School of Business, Bond University, The Australia.
[6]  Kuratko, D. (2005) The emergence of entrepreneurship education: Development, trends, and challenges, Entrepreneurship Theory and Practice, September.
[7]  Opoku, R. A (2004). The dynamics of entrepreneurship to the Ghanaian economy.
[8]  Minitti, M., Bygrave, W. and Autio, E. (2006), Global Entrepreneurship Monitor 2005 Executive Report,
[9]  Gibcus, P., Kok, J., Snijders, J, Smit, S., and Linden, B. (2012) Effect and impact of entrepreneurship programmes in higher education A report for the European Commission, DG Enterprise and Industry, EIM Business & Policy Research (the Netherlands).
[10]  Robb, A. (2013) Ghana & the next wave of entrepreneurship in Africa,
[11]  Shapero, A. and Sokol, L. (1982) The social dimensions of entrepreneurship. In C.Kent, D. Sexton and K. Vesper, (Eds.), Encyclopaedia of entrepreneurship, 72-90.
[12]  Peterman, N.E. and Kennedy, J. (2003) Enterprise education: Influencing students’perceptions of entrepreneurship. Entrepreneurship Theory and Practice, 28, 2, 129-144.
[13]  Crant, J.M. (1996) The proactive personality scale as a predictor of entrepreneurial intentions, Journal of Small Business Management, 34, 3, 42-49.
[14]  Douglas, E.J. and Shepherd, D.A. (2002) Self-employment as a Career Choice:Attitudes, Entrepreneurial Intentions, and Utility Maximization, Entrepreneurship Theory and Practice, 26, 3, pp.81-90.
[15]  Zhao, H., Hills, G.E., and Seibert, S. (2005) The mediating role of self-efficacy in the development of entrepreneurial intentions. Journal of Applied Psychology, 90, 6, 1265-1272.
[16]  Meehan, C. (2014) Sole Proprietorship Business Challenges
[17]  Nabi, G., Holden, R. and Walmsley, A. (2006) Graduate career-making and business start-up: a literature review, Education and Training, 48, 5, 373-385.
[18]  Ajzen, I., (2006). Constructing a TpB Questionnaire: Conceptual and Methodological Considerations.
[19]  Krueger, N., Reilly, M., and Carsrud, A. (2000) Competing models of entrepreneurial intentions. Journal of Business Venturing, 15, 5-6, 411-432.
[20]  Glanz, K., Rimer, B.K. and Lewis, F.M. (2002) Health Behavior and Health Education: Theory, Research and Practice, San Fransisco: Wiley and Sons. Global Entrepreneurship Monitor (GEM) (2006).
[21]  Katz, J.A. (1992) Modelling entrepreneurial career progressions: Concepts and considerations. Entrepreneurship Theory and Practice, 19, 2, 23-29.
[22]  Krueger, N. and Carsrud, A. (1993) Entrepreneurial intentions: Applying the theory of Planned behaviour. Entrepreneurship and Regional Development, 5, 315-330.
[23]  Tkashev, A., and Kolvereid, L. (1999) Self-employment intentions among Russian students, Entrepreneurship and Regional Development, 11, 3, 269-280.
[24]  Lent, R.W., Brown, S. D., Hackett, G. (1994) Contextual supports and barriers to career choice: A social cognitive analysis, Journal of Counselling Psychology, 47, 1, 36-49.
[25]  Pajares, F. (1997) Current directions in self-efficacy research, in McStay (2008).
[26]  Ormrod, J.E. (1999) Human Learning (3rd Edition), Upper Saddle River, NJ: Merrill Prentice Hall.
[27]  Anderson, A. (2000) Paradox in the Periphery: an entrepreneurial reconstruction, Entrepreneurship and Regional Development, 12, 91-109.
[28]  Bird, B. (1988) Implementing entrepreneurial ideas: the case for intention, Academy of Management Review, 13, 3, 442-453.
[29]  Mitchell, R., Busenitz, L., Lant, T., McDougall, P. and Morse, E., Smith, J. (2002) Toward a theory of entrepreneurial cognition, Entrepreneurship Theory and Practice, 26, 93-104.
[30]  Kolvereid, L. and Isaksen, E. (2006) New business start-up and subsequent entry into self-employment. Journal of Business Venturing, 21, 866-885.