INSTITUTION - INDUSTRY RESOURCEFULNESS AND INNOVATION IN BUSINESS EDUCATION CURRICULUM

Dr. Edet E. Okon, Dr. Agnes A. Ewuru

Abstract


This study determined the degree of expertise resourcefulness in institution industry collaboration in business education curriculum innovation in Nigeria; answered the research question, What is the degree of expertise resourcefulness in institution industry collaboration in business education curriculum innovation in Nigeria? Null hypothesis tested is, the degree of expertise resourcefulness in institution industry collaboration in business education curriculum innovation in Nigeria is not significant. The descriptive survey research design was adopted for the study conducted in Nigeria. The population was 800 (550 lecturers and 250 employers), where the simple random sampling technique was used to select a sample size of 260 respondents consisting 179 lecturers and 81 industry representatives. A 30 item, Institution - industry resourcefulness and innovation in business education curriculum questionnaire (2IRIBEC)generated data for the study. Multiple Regression analysis (MRA) was used to analyse data. Findings reveal that degree of expertise resourcefulness in institution industry collaboration in business education curriculum innovation in Nigeria is significant(F-ratio of 62.197 is by far greater than critical F-ratio of 3.84 at .05 levels of significance with degrees of freedom 2, 257). Coefficient of determination of .326 indicates that institution industry collaboration currently contribute 32.6% to business education curriculum innovation with significance of t-value of 6.17 indicating that both variables significantly contribute to regression.It is concluded that effective institution industry collaboration in the area of business education curriculum innovation will promote the development of 21stCentury skills. Therefore, business education institutions should allow full participation of industry personnel in the collaboration process to attract their resourcefulness in business education curriculum innovation.

Keywords:Business education, collaboration, curriculum, industry, innovation, institution, skills.


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