Authors: SABEJEJE, T.A, ADEBOLA, O.T, AKINKUOLIE O.A AND SABEJEJE, O.O.
Unemployment is one of the major problems facing the Nigeria society and the entire world at large. Every year, large numbers of employable graduates are produced from Nigerian Educational Institutions (both secondary and tertiary) without the hope of job opportunities. Entrepreneurship, being generally regarded as an integral part of business, often serves as a big or major engine room for job opportunities and economic growth of a nation. Entrepreneurship exists when a person or group of people develop a new approach to an old business or idea. Biology as an applied field of study is diversed in nature and in conjunction with other biology-related courses, is capable of providing job opportunities and entrepreneurial businesses for those who studied it. The use of biological knowledge to serve human needs is not new. Human society has tapped the knowledge of biology for millennia to produce food, beverages, fibres and other agro- allied products. The advert of modern technologies coupled with new biological knowledge has vastly expanded the application of biology in different areas of entrepreneurial activities. It is pertinent to note that a series of professions that are of vital economic importance to man and nation’s development have their origin traced to biology thus, proper understanding of the principles of biology and their application is an important force in the realization of a healthy and productive life which is the basis on which investments and enterprises are anchored. This paper therefore highlights various possible biology-oriented entrepreneurial activities that can be embarked upon and developed, in order to surmount the ever increasing problem of unemployment in the society, and transform people, especially the youth to employers of labour rather than being job seekers. It also examined the various challenges faced in the application of the principles of biological science to development of entrepreneurial businesses and makes some recommendations by which these problems can be surmounted.
Keywords: Entrepreneurship, Biology, Millenia, Technology, Surmount, Investment