Moderating Effect of Entrepreneurial Training on the Relationship between Government Intervention and Entrepreneurial Intentions of the Retiring Military Personnel in Nigeria

Lamidi Yusuf

Abstract


This paper reveals how entrepreneurial training moderate on the relationship between government intervention and entrepreneurial intentions of the retiring military personnel in Nigeria. The government intervention has been identified to have a positive impact on the entrepreneurial intentions and when positioning entrepreneurial training as the moderator, act as the potential enhancement of the individual towards entrepreneurial intention, speeding up the dire need for the government to provide a better enabling environment would stimulate the retiring military personnel towards becoming entrepreneur upon retirement. A sample of 423 respondents of the retiring military personnel on the pre-retirement entrepreneurial and vocational training at the Nigerian Armed Forces Resettlement Centre, Oshodi, Lagos was identified to test the proposed hypotheses and the results show that the research framework holds in explaining the entrepreneurial training has a direct positive moderating effect on the relationship between government intervention and entrepreneurial intention. It shows that there is a need for the Nigerian government to hold to the current intervention or improve the intervention so that the current intention level can be maintained and furthermore, create a better enabling business environment and ensuring the provision of specific entrepreneurial skills training that impacts specific knowledge and skills needed to succeed as entrepreneur upon retirement. It is also concluded that the entrepreneurial training can stimulate the individual retiring military personnel towards entrepreneurial intention, who later become entrepreneurs. 


Keywords


Entrepreneurship; entrepreneurial training, government intervention; older entrepreneur; retirement

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