The Role of Entrepreneurship in Promoting Sustainable Development and Poverty Reduction Among Retired Workers in University of Calabar, Cross River State, Nigeria
Keywords:
Entrepreneurship, Sustainable Development, Poverty Reduction, Retired Workers, University of CalabarAbstract
The study examined the role of entrepreneurship in promoting sustainable development and poverty reduction among retired workers in University of Calabar, Cross River State. The study was guided by three objectives and three research questions. A descriptive survey research design was adopted and it was conducted in Cross River State, Nigeria. The population for the study was 283 retirees from University of Calabar (UNICAL), Calabar between 2023 and 2025. There was no need for sampling since the entire population is small and manageable. Structured questionnaire was used for data collection. The questionnaire was face validated by three experts. Also, the reliability of the questionnaire was carried out with Cronbach Alpha method and it yielded a reliability coefficient of 0.80. Data collection was carried by the researchers and three trained research assistants. Mean and standard deviation were used for data analysis. Results identified twelve (12) roles of entrepreneurship in promoting sustainable development and poverty reduction among retired workers in University of Calabar; fourteen (14) challenges militating against effective engagement in entrepreneurship among retired workers in University of Calabar; and twelve (12) ways of enhancing effective engagement in entrepreneurship among retired workers in University of Calabar. Based on the findings, it was concluded that fostering an entrepreneurial spirit among retired university workers empowers them and also enhance sustainable development within the community. The study recommended that university administrators should establish entrepreneurship training programs tailored specifically for retired university workers, focusing on skill development and business management among others.Downloads
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