BUSINESS EDUCATION STUDENTS' PERCEPTION OF THE INFLUENCE OF TECHNOLOGY ON PRODUCTION EFFICIENCY OF ENTREPRENEURS IN RIVERS STATE

Margaret E. Akpomi, Nyeche C. Ohaka

Abstract


Technology has a significant influence on how 21stcentury entrepreneurs carry out their quotidian business operations. It has intrinsic and extrinsic; physical and abstract lucrative benefits that have the potency of accentuating the production efficiency of an entrepreneur. The crux of this empirical study was to find out the opinions of business education students on the influence of technology on production efficiency of entrepreneurs in Rivers State. Descriptive research survey design was used for the study. Two research questions were raised to guide the study. The actual population was 956 which encompasses 456 Rivers State University Students and 500 Ignatius Ajuru University of Education students in the Department of Business Education and Faculty of Business Studies respectively who have undertaken Entrepreneurship Education as a course. The entire population was adopted for the study as no sampling was done since the researchers considered the population manageable. A self-made questionnaire instrument entitled: “Business Education Students' Perception of the Influence of Technology on Production Efficiency Entrepreneurs Questionnaire (BESPITPEEQ) was used to garner data. The instrument was duly content and face-validated by experts. The reliability test gave a coefficient of 0.89; data analysis was done, using mean and standard deviation. The researchers found out that computers, routers, smartphones, digital eye glasses, industrial machines, elevators, robots, solar panels, sensors, transport technologies and internet platforms are among the readily available technologies that are requisite for production efficiency of entrepreneurs. It was concluded that technology in entrepreneurship can systematically produce significant transformation in the areas of chains of distribution, logistics, minimum efficient plant sizes and capital required. Based on the findings made, the researchers recommended that curriculum implementers of Business Education program should lay emphasis on the principles and practices of technology in the teaching of Entrepreneurship Education as a lead to production efficiency of entrepreneurs.

Full Text:

PDF

References


Affeldet, F.S. & Silver, J.S.D (2013).Information architecture analysis using business intelligence tools based on the information needs of executives. Journal of Information System and Technology Management.10(2), 76 -82

Ahmad, N. & Seymour, R.G. (2006).Defining entrepreneurial activity: Definitions Supporting Frameworks for data Collection.Retrieved from http://www. occd. org/industry/ business-states/39651330.PDF on 25th of June, 2018.

Akanwa, B. &Agu, C.N. (2005).Entrepreneurship: Theory and practice in Nigeria.Owerri: Resources Development Centre.

Akpomi, M. E. (2008). Organizing business education (Rev. eds.). Port Harcourt: Pre-Joe Publishers.

Akpomi, M.E. & Amadi, N.S. (2010). The relevance of entrepreneurship education in the implementation of national gender policy in Nigeria. Journal of National Association of Female Teacher (JONAFET).1 (2), 115 -121

Amaewhule,W.2014).A guide to entrepreneurship development: Through reflections on the world of work. Owerri: Odesaa Educational Books.

Amesi, J. (2015). Theory and practice of entrepreneurship: A guide for scholars.Lagos: Divinestone Publishers.Bryant, C.C. (2018). Organizational Development in Nigeria. Retrieved from www.organization.com on 4th October, 2019.

Butt, A.C. (2017).Organization and Productivity of Organizations. Retrieved from https://www.productivity.com on October 3rd 2019.

Conley,L. (2010). Barriers to Integrating Technology. Retrieved from https://sites.google.com on October 2nd, 2019.

Delaney,R. & D'Agostino, R. (2015).The Challenges of Integrating New Technologies Into An Organization. Mathematics and Computer Science Capstones.Retrieved from http://digital commons. LaSalle.edu/math compcaptones/25.Digital Dialect Consultancy (DDC) (October, 2014). Technology Types: Defining Six Technology Types. Retrieved from https://creativecommons. org/licenses/by-nc/3.0Von 5th of October, 2019.

Fernando, C. (2018). Measurement of efficiency in the construction industry and its relationship with working capital. Journal of Engineering and Construction.33(1), 69 The 82.

Gangaiah,B.S. & Viswanath, J. (2014).Impact of Indian management education in developing entrepreneurial aspirations and attitudes among management students. Asia Pacific Journal of Research.11, 1-10.Meaning of Technology (2018).The Etymology of Technology. Retrieved from www.Wikipedia.freeencyclopedia.com on 2nd of October, 2019

Ohaka,N.C., Nnokam, F.A. & Akpomi, M. E. (2018).Achieving economic diversification through effective entrepreneurship education in Rivers State. Rivers Business Education Journal. 2(2),151-157.

Ohaka, N.C. (2018). Corporate planning and crisis containment strategies: Insights for 21st century business educators. International Journal of Innovative and Law Research.6(1), 100-108.

Ohaka, N.C. & Onuoha, D.N. (2017).Students' perception of business studies trainee-teachers and classroom conduct in Port Harcourt secondary schools. (Unpublished B.Sc project) department of Business Education, Faculty of Education, Rivers State University Port Harcourt.

Ohaka, N.C. & Bupo, G. O. (2019). Students' perception of business studies trainee-teachers and classroom conduct in Port Harcourt secondary schools. International Journal of Innovative Education Research, 7(1), 73-82.

Ohaka, N.C, & Akpomi, M.E. (2018). Higher education globalization: Rationale and corporate onus of regulatory agencies in Nigeria. International Journal of Innovative Education Research.3(1), 52 60

Ojeifo, S.A. (2012). Entrepreneurship education in Nigeria.Journal of Education and Practice.1(2), 63 69.th

Pettinger, T. (March, 28 ). Productive Efficiency: Definitions and Diagrams.rd Retrieved from www.economicshelp.org on the 3 of October, 2019.

Samuelson, P.A. & Nordhaus, W.D. (2005).Economics. New Delhi: Tata McGraw-Hill Publishing Company Limited.Staff Writer (April 2017). 10 Types of Technology Office Equipment That All Small Businesses Should Have in 2019.Retrieved from https://fortistelecom.net on September 29th, 2019.

Standish, B. (2010), Economics: Principles and practice. Johannesburg: Pearson Education. Quizlet Incorporated (2019). Seven Types of Technology.Retrieved from https://quuzlet.com on September 29th, 2019.www.arbug.com. Production Efficiency. Think Holistically-Reduce Unit Costs. rd


Refbacks

  • There are currently no refbacks.


Copyright © 2018 -2024. The Nigerian Journal of Business Education (NIGJBED) All Rights Reserved. 
ISSN: 2408-4816 (PRINT) | ISSN: 2756-5912 (ONLINE)

Powered by Myrasoft Systems Ltd.(http://www.myrasoft.ng)