ROLE OF UNIVERSITY ENTREPRENEURSHIP CENTRE IN DEVELOPING SMALL AND FAMILY BUSINESS

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Adesoga Adefulu ORCID logo, Louise van Scheers

https://doi.org/10.22495/cocv12i4c5p2

Abstract

The paper examines University Entrepreneurship Centre’s role in developing small and family business. Global economic recession effect led majorly to unemployment and poverty.To revamp the economy, recovery programs were embarked upon to empower the citizenry.University Entrepreneurship Centre collaborated to empower “aspirants,” “established” and “stucked” entrepreneurs gain skill and best business practice strategy revealing university entrepreneurship Centre’s role.The methodology is qualitative and exploratory, textual in design and divided into sections.The paper identified university entrepreneurship Centre’s roles as advisory, innovation, training and synergizing campus entrepreneurship activities and concluded that the economy will geometrically grow when knowledge trapped in the university are shared with business entrepreneurs By implication,university would have effectively carried out community engagements as core mandate to mankind’s benefits.

Keywords: Entrepreneurship, Small and Family Business, University Entrepreneurship Centre

How to cite this paper: Adefulu, A., & Van Scheers, L. (2015). Role of university entrepreneurship centre in developing small and family business. Corporate Ownership & Control, 12(4-5), 529-534. https://doi.org/10.22495/cocv12i4c5p2