Roles of positive psychological capital resources dimensions on self-employment creation among youths

https://doi.org/10.35912/joste.v5i2.2154
Published: Jul 23, 2024

Abstract:

Purpose: This research paper aims to explore how positive psychological resources influence youth participating in the Industrial Training Fund’s (ITF) National Industrial Skill Development Programme (NISDP), specifically examining the programs’ impact on self-employment creation in Plateau State, Nigeria.

Method: The paper employs Confirmatory Factor Analysis (CFA) and a Structural Equation Model (SEM) to examine the relationship between positive psychological resources and self-employment creation in Plateau State.

Results: The study concludes that dimensions of positive psychological resources serve as effective predictors of self-employment creation among youths. However, it notes that two dimensions; resilience and hope, did not exhibit a significant positive relationship. Nonetheless, the lack of significance does not negate the existence of a relationship explaining self-employment creation among youths in the context of this study.

Limitations: Several factors constrained the study. It was conducted within a specific constituency in Plateau State, limiting its scope and generalizability. Therefore, the results may not be applicable to the entire state.

Contributions: This study offers insights beneficial to both self-employed and unemployed youths, emphasizing the importance of a positive mindset in self-employment creation. The findings are particularly relevant to the Industrial Training Fund (ITF) and its National Industrial Skills Development Programme (NISDP), shedding light on the effectiveness of their training programs fostering self-employment. Moreover, this research contributes to the existing body of literature on self-employment creation among youths and extends understanding of positive psychological capital resources (PSYCAP) by examining various dimensions. Additionally, it provides guidance for future directions in research and practice in this field.

Keywords:
1. Positive psychological resources
2. self-employment creation
3. National Industrial Skills Development Programme (NISDP)
Authors:
1 . Maklu Nanteer Yonla
Plateau State University, Nigeria
2 . Habila Dogo Auta
Plateau State University, Nigeria
3 . Fredrick Longwul Katunku
Plateau State University, Nigeria
4 . Tongshakap Gyang Dafeng
Plateau State University, Nigeria
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How to Cite
Yonla, M. N., Auta, H. D., Katunku, F. L. ., & Dafeng, T. G. . (2024). Roles of positive psychological capital resources dimensions on self-employment creation among youths. Journal of Sustainable Tourism and Entrepreneurship, 5(2), 111–128. https://doi.org/10.35912/joste.v5i2.2154
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Issue & Section
Vol. 5 No. 2 (2024): January
Articles
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This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

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  1. Aidoo, S. (2022). The growth of SMEs amid the COVID-19 pandemic in Ghana. Journal of Sustainable Tourism and Entrepreneurship, 3(3), 159-176.
  2. Ajetomobi, E., Tajudeen, F., & Kayode, A. (2022). SELF EFFICACY AND SELF EMPLOYMENT INTENTIONS OF RECENT GRADUATES IN NIGERIA.
  3. Akter, S., & Rahman, S. (2020). Factors affecting entrepreneurial intention: evidence from Khulna University, Bangladesh. Journal of Sustainable Tourism and Entrepreneurship, 1(3), 255-267.
  4. Aldrich, H. E., & Cliff, J. E. (2003). The pervasive effects of family on entrepreneurship: Toward a family embeddedness perspective. Journal of business venturing, 18(5), 573-596.
  5. Audretsch, D. B., Kritikos, A. S., & Schiersch, A. (2020). Microfirms and innovation in the service sector. Small business economics, 55(4), 997-1018.
  6. Audretsch, D. B., & Thurik, A. R. (2001). What's new about the new economy? Sources of growth in the managed and entrepreneurial economies. Industrial and corporate change, 10(1), 267-315.
  7. Auta, H., Dakung, R., Yonla, M., Longwul, K., & Dafeng, T. (2023). THE EFFECT OF ENTREPRENEURSHIP EDUCATION DIMENSIONS ON ENTREPRENEURIAL MINDSET OF PUBLIC UNIVERSITY STUDENTS IN PLATEAU STATE. African Journal of Research and Management Sciences, 3. doi:10.62244/ajorms.v3i1.2
  8. Bagozzi, R. P., & Yi, Y. (1988). On the evaluation of structural equation models. Journal of the Academy of Marketing Science, 16, 74-94.
  9. Bailey, B. (2023). Nigeria among countries with highest self-employment rates – World Bank. Retrieved from https://businessday.ng/business-economy/article/nigeria-among-countries-with-highest-self-employment-rates-world-bank/
  10. Baluku, M. M., Balikoowa, R., Bantu, E., & Otto, K. (2020). Applying self-determination theory to explaining differences in career commitment between self-employed and salaried employees: The role of basic psychological needs. Journal of Entrepreneurship in Emerging Economies, 12(5), 593-619.
  11. Baron, R. A., & Shane, S. (2007). Entrepreneurship: A process perspective. The psychology of entrepreneurship, 19-39.
  12. Belay, D. (2023). Effect of social capital on youth self-employment in Holeta town, Ethiopia. International Journal of Social Economics, 50(2), 210-226.
  13. Bello, L. O., Baiyegunhi, L. J. S., Mignouna, D., Adeoti, R., Dontsop-Nguezet, P. M., Abdoulaye, T., . . . Awotide, B. A. (2021). Impact of youth-in-agribusiness program on employment creation in Nigeria. Sustainability, 13(14), 7801.
  14. Berggren, C., & Olofsson, A. (2021). A societal perspective on self-employment–Sweden as an example. Studies in higher education, 46(7), 1436-1448.
  15. Box, M., Gratzer, K., & Lin, X. (2022). Self-employment, corruption, and property rights: a comparative analysis of European and CEE economies. SN Business & Economics, 3(1), 8.
  16. Bullough, A., & Renko, M. (2013). Entrepreneurial resilience during challenging times. Business horizons, 56(3), 343-350.
  17. Burchell, B. J., & Coutts, A. P. (2019). The experience of self-employment among young people: An exploratory analysis of 28 low-to middle-income countries. American behavioral scientist, 63(2), 147-165.
  18. Caliendo, M., Kritikos, A. S., Rodriguez, D., & Stier, C. (2023). Self-efficacy and entrepreneurial performance of start-ups. Small business economics, 61(3), 1027-1051.
  19. Cardella, G. M., Hernández-Sánchez, B. R., & Sánchez-García, J. C. (2020). Basic psychological needs as a motivational competence: Examining validity and measurement invariance of Spanish BPNSF scale. Sustainability, 12(13), 5422.
  20. Carver, C. S., & Scheier, M. F. (2020). Optimism. In F. Maggino (Ed.), Encyclopedia of Quality of Life and Well-Being Research (pp. 1-6). Cham: Springer International Publishing.
  21. Chen, G., Gully, S., & Eden, D. (2004). General Self-Efficacy and Self-Esteem: Toward Theoretical and Empirical Distinction between Correlated Self-Evaluations. Journal of Organizational Behavior, 25, 375-395. doi:10.1002/job.251
  22. Chilenga, N., Dhliwayo, S., & Chebo, A. K. (2022). The entrepreneurial mindset and self-employment intention of high school learners: The moderating role of family business ownership. Paper presented at the Frontiers in Education.
  23. Conduah, A. K., & Essiaw, M. N. (2022). Resilience and entrepreneurship: a systematic review. F1000Research, 11, 348.
  24. Contreras, S. A. (2019). Self-employment in times of crisis: The case of the Spanish financial crisis. Economies, 7(3), 88.
  25. Dawson, C., de Meza, D., Henley, A., & Arabsheibani, G. R. (2014). Entrepreneurship: cause and consequence of financial optimism. Journal of Economics & Management Strategy, 23(4), 717-742.
  26. de Meza, D. (2015). Self-employment attracts people with an optimistic personality. LSE Business Review.
  27. DeVellis, R. F., & Thorpe, C. T. (2021). Scale development: Theory and applications: Sage publications.
  28. Dóci, E., Spruyt, B., De Moortel, D., Vanroelen, C., & Hofmans, J. (2023). In search of the social in psychological capital: integrating psychological capital into a broader capital framework. Review of General psychology, 27(3), 336-350.
  29. Fields, G. S. (2019). Self-employment and poverty in developing countries. IZA world of Labor.
  30. Fritsch, M., & Wyrwich, M. (2017). The long persistence of regional levels of entrepreneurship: Germany, 1925—2005 Entrepreneurship in a Regional Context (pp. 17-35): Routledge.
  31. Goey, F., van Gerwen, J., & van Driel, H. (2009). The resilience of the self-employed. The self-employed and small and medium-sized enterprises in the Netherlands, United States and Great Britain since 1950. Tijdschrift voor Sociale en Economische Geschiedenis, 6, 53-81.
  32. Hartmann, S., Backmann, J., Newman, A., Brykman, K. M., & Pidduck, R. J. (2022). Psychological resilience of entrepreneurs: A review and agenda for future research. Journal of small business management, 60(5), 1041-1079.
  33. Hisrich, R. D., Peters, M. P., & Shepherd, D. A. (2017). Entrepreneurship: McGraw-Hill Education.
  34. ILO. (2024). World Employment and Social Outlook. Retrieved from https://www.ilo.org/sites/default/files/wcmsp5/groups/public/@dgreports/@inst/documents/publication/wcms_908142.pdf
  35. Iyortsuun, A. S., Goyit, M. G., & Dakung, R. J. (2021). Entrepreneurship education programme, passion and attitude towards self-employment. Journal of Entrepreneurship in Emerging Economies, 13(1), 64-85.
  36. Kakava, E., Eta, M., & Shepherd, M. (2022). Enhancing entrepreneurial intention in secondary school. Journal of Sustainable Tourism and Entrepreneurship, 4(2), 105-122.
  37. Kibler, E., Wincent, J., Kautonen, T., Cacciotti, G., & Obschonka, M. (2019). Can prosocial motivation harm entrepreneurs' subjective well-being? Journal of business venturing, 34(4), 608-624.
  38. Kim, M., Perrewé, P. L., Kim, Y. K., & Kim, A. C. H. (2017). Psychological capital in sport organizations: Hope, efficacy, resilience, and optimism among employees in sport (HEROES). European Sport Management Quarterly, 17(5), 659-680.
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  42. Li, S., Wu, D., & Sun, Y. (2021). The impact of entrepreneurial optimism and labor law on business performance of new ventures. Frontiers in psychology, 12, 697002.
  43. Liñán, F., & Fayolle, A. (2015). A systematic literature review on entrepreneurial intentions: citation, thematic analyses, and research agenda. International Entrepreneurship and Management Journal, 11, 907-933.
  44. Mallo, M. J., & Yonla, M. N. (2020). FACTORS DETERMINING THE GROWTH OF YOUTH OWNED SMALL AND MEDIUM ENTERPRISES IN NIGERIA: A STUDY OF ABUBAKAR TAFAWA BALEWA UNIVERSITY, BAUCHI.
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  48. Melak, D., & Derso, B. (2023). Training of youths for effective self-employment practices. Education+ Training, 65(3), 382-402.
  49. Moore, M. (2022). Hope, self-efficacy, optimism and resilience — what you need today! Retrieved from https://www.mcknights.com/blogs/guest-columns/hope-self-efficacy-optimism-and-resilience-what-you-need-today/
  50. Muchemwa, M., & Odimegwu, C. (2023). Investigating the self-employed: the South African perspective. Journal of Entrepreneurship in Emerging Economies(ahead-of-print).
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