Linkages Between Sociodemographic Factors, Knowledge About Entrepre-Neurship, and Labour Force Participation Among Youth in Nigeria
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Youth's cognition of entrepreneurship, especially at the practice stage, is essential to owning and
building a successful entrepreneurship. An individual's lived entrepreneurship experience can be discerned from
sociodemographic background factors like age, sex, region, residence, education, employment status, income
level, entrepreneurial ecosystem availability, and personal motivation. The paper assesses youth
sociodemographic factors and knowledge about entrepreneurship with a view to increasing labour force
participation. The study surveyed youth aged 15-35 across Nigeria using a quantitative research approach to obtain
data. A total of2,396 questionnaires were completed and analysed. The findings suggest that the odds of owning
a business venture are significantly higher for youth aged 24-26 (OR=1.46; CI=l.02, 2.10) and above. Owning a
business was significantly lower (OR=0.75; CI=0.58, 0.97)) for youth who knew of available resources in their
environment but higherfor youth who knew how to develop (OR=l.69; CI=l.19, 2.41) and organise (OR=1.46;
CI=1.00, 2.14) a business. Further, building a successful business venture was significantly higher for youth who
know how to develop and organise a business (OR=l.58; CI= l.09, 2.28) and (OR=l.87; CI= l.26, 2.78),
respectively. Youth who desired future startups knew about the resources in their environment (OR=l.53;
CI=l.22, 1.93). These youths were aged 27-35, earned income, and came from entrepreneurial family
backgrounds. This paper has extended the results of previous studies. Policymakers could integrate the evidence
provided about the relationship between sociodemographic factors and knowledge about entrepreneurship to
develop interventions to achieve better outcomes in labour force participation and demographic dividend.
Keywords
H Social Sciences (General), HB Economic Theory