This scholarly article provides fascinating insights through research on University of Dar es Salaam graduates. It gives a granular analysis of the reasons students in Tanzania do not pursue entrepreneurial efforts. Business start-ups in this region are
a critical component of lowering unemployment, which is vital to the future success of Tanzania’s socioeconomic landscape. Universities and higher education in Tanzania have an increasingly significant impact on developing the country’s entrepreneurs and their business acumen, management capacities, and encourage Entrepreneurial Intentions (EI). This article looks at what the barriers are to business startups among university graduates and whether or not education specifically in entrepreneurship made a difference. Many new graduates still prefer the comfort and stability of formal employment. Katundu and Gabagambi inform policy makers of actionable strategy and universities of designing appropriate curriculum to work through these obstacles. They used statistical analysis to identify to top barriers and opportunities in this area. Barriers include financial backing, guidance and training, culture, teaching methods, government support, social networking, bureaucratic tendencies, and obligations to extended family. Entrepreneurship needs a sociocultural environment where it is valued and failure is held in high esteem as an important part or learning and development. Katundu and Gabagambi recommend opening a comprehensive government information center specifically dedicated to providing all the information entrepreneurs need related to business start-ups, especially for recent university graduates by either expanding the current Tanzania Employment Services Agency (TAESA) or opening a new independent agency. They also recommend universities include practical training and a more holistic approach to teaching business as a whole, instead of staying so discipline focused, which often results in students being underprepared for the workforce. I enjoyed the analytical approach they took and focused on the process as a whole with specific action items. I think it’s common to focus on specific entities or sectors to engage with, but I thought it was refreshing reading about a strategic and specific approach. Posted by: Hannah
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