Determinants of propensity of tertiary agricultural students in Ghana to enter agribusiness as a self-employment venture

Abstract

The study aimed to identify factors that affect the decision of tertiary agricultural students in Ghana to enter agribusiness as a self-employment venture after graduation. The results showed that tertiary agricultural students in Ghana were predominantly males with little or no farming background. They had a rather moderate propensity to enter self-employed agribusiness. The propensity was based on the perception that agribusiness was beneficial, sustainable, and had a bright future. A significant and positive relationship was found between the propensity to enter self-employed agribusiness and availability of inputs, training received by students and supportive policies. However, a significant and negative relationship was found between students’ propensity to enter self-employed agribusiness and the desire for other competing enterprises as well as risks and constraints in agribusiness. The most important determinants of the decision of tertiary level agricultural students to enter into agribusiness were found to be attraction to other businesses such as NGOs, nonagricultural manufacturing industries and banks; training received; perceived constraints; and needs for selfemployment in agribusiness. The results indicate that the propensity of agricultural graduates to enter self-employed agribusiness may be increased by (1) making agribusiness attractive by increasing its competitiveness with respect to other enterprises, ( 2) modifying the curricula to make agricultural training at the tertiary level more practical, (3) making it easier to acquire production inputs for agribusiness, and (4) improving the policy environment with supportive policies to minimize risk and constraints in agribusiness.