Entrepreneurship Education: A Panacea to Graduate Unemployment and National Development

Oppong Gyan


The nature, relevance and appropriateness of entrepreneurship education have been subject to increasing scrutiny and also have a key role to play in the economic development of a country (Lee, 2007). Entrepreneurship is usually considered as a force for change, innovation, and development in modern economies. Since entrepreneurship skills remain crucial in the real sector and the sustenance of economic development, it has become exigent for policy makers to pay attention to this sub-sector. Bruyat and Julien (2016) were of the view that not only do entrepreneurship act as a catalyst to national economic advancement but also as a panacea to the rising unemployment rates. In Ghana, about 50% of university graduates are unable to find jobs for three years post-graduation (Owusu-Ansah, 2012). The problem is said to be attributable to the disequilibrium between the inadequate employable skills by these graduates and the labor market requirements. Over the last decades, the educational curriculum in Ghana has been restructured to include entrepreneurship education to address the essence of tertiary education and unemployment (Owusu-Ansah, 2012). A wide range of several factors has led to the resurgence of interest in entrepreneurship in Europe, Africa, America and many other countries across the other continents.

Relevant Publications in Journal of Research in International Business and Management