MOTIVATIONAL BELIEFS AS PREDICTORS OF ENTREPRENEURIAL INTENTION OF UNDERGRADUATES OF NATIONAL OPEN UNIVERSITY OF NIGERIA (NOUN), ONDO STATE CENTRE

YUSUF, Suleiman, (Ph.D)1, YUSUF, Abiola Abubakar2 and LAWAL, Azeez Tunbosun, (Ph.D)3

Abstract

The study examined motivational beliefs as predicates of entrepreneurial intention of
undergraduates of National Open University of Nigeria (NOUN), Ondo StateCentre. The study
adopted a descriptive survey research design. The population for this study comprised of 5149
undergraduates of NOUN, Ondo State Centre. The sample comprised of 640 undergraduates
selected using a multistage sampling technique. A self-developed and validated research
instrument titled “Motivational Beliefs Questionnaire” (MBQ) was used to elicit information
with a reliability coefficient of 0.85. The result showed that majority of the undergraduates of
NOUN, Ondo State Centre(71.1%) had a high level of entrepreneurial intention and
motivational beliefs variables are significant predictors of entrepreneurial intentions of the
undergraduates 51.3% (Adj. R2=.513). The result however, showed that the prediction of
motivational beliefs variables of extrinsic (Beta= 0.238, t= 4.790), intrinsic (Beta= 0.166, t=
3.733), and task value (Beta= 0.150, t= 3.615) are significant to entrepreneurial intention of
undergraduates, while prediction of self-regulated learning (Beta= 0.055, t= 1.392) was found
not significant.It was recommended that management of NOUN should incorporate practical
entrepreneurship programmes in their curriculum so that undergraduates’ entrepreneurial
intention can be advanced.