Entrepreneurial Family Background and New Enterprise Creation in Ebonyi State

Abstract

The study focused on entrepreneurial family background and new enterprise creation in Ebonyi state with the broad objective of analysing the effects of entrepreneurial family background on new enterprise creation. The adopted research design was the survey with statistical tool of analysis being the multiple regressions. The results of the hypotheses tested were positive indicating that entrepreneurial knowledge, perceived desirability and entrepreneurial skill acquired from entrepreneurial family background significantly affected the new enterprise creation of micro business owners in Abakaliki, Ebonyi State. The implications of the results were of the effect that families that dissuaded their children from showing interest and having passion for micro businesses are latently creating unemployment. Consequently, it is concluded that micro business owners and operators should arouse and create passion for the youths in enterprise ownership.