Factors Affecting Entry into Entrepreneurship for University Students

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F44555601%3A13510%2F19%3A43896190" target="_blank" >RIV/44555601:13510/19:43896190 - isvavai.cz</a>

Result on the web

<a href="https://www.ersj.eu/journal/1517" target="_blank" >https://www.ersj.eu/journal/1517</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.35808/ersj/1517" target="_blank" >10.35808/ersj/1517</a>

Result language

angličtina

Original language name

Factors Affecting Entry into Entrepreneurship for University Students

Original language description

Purpose: The development of entrepreneurship has a fundamental benefit for the economy of both developed and developing countries. Especially the young generation, which represents the potential for future development of entrepreneurship, has received a lot of attention in this respect. That is why this study aims at determining what are the most prominent entrepreneurial motives and barriers for university students and whether there exist statistically significant gender differences both in terms of opinions about entrepreneurship and in the assessment of individual motives or barriers. Design/Methodology/Approach: The study took place at Jan Evangelista Purkyně University in Ústí nad Labem (Czech Republic). The study was carried out via written questionnaires. The sample consisted of 1021 respondents. Results were obtained using Friedmann?s ANOVA analysis and the Mann-Whitney U Test. Findings: The three most prominent motives associated with the commencement of entrepreneurship were identified as: becoming more independent, higher salary, and market opportunities. On the other hand, the most prominent barriers obstructing new entrepreneurs were identified by students to be a lack of financial resources, fear of failure and complex administration. This study also identified statistically significant gender differences both in the willingness to start a business (men declare a higher interest in entrepreneurship than women) and in the assessment of the most prominent motives and barriers. For men, the most important motive is market opportunities and the greatest barrier is a lack of finances. Practical Implications: The precise identification of the barriers and motivations are very important for the governments and creators of public politics as young enterprises are the main source of innovations with the latest growing potential. Originality/Value: The originality of the paper can be seen in the fact, that the investigation is focussed on potential entrepreneurs while the other researches at the Czech Republic were focused on the starting entrepreneurs, i.e. on the slightly different target group.

Czech name

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Czech description

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Type

J_ost - Miscellaneous article in a specialist periodical

CEP classification

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OECD FORD branch

50204 - Business and management

Project

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Continuities

S - Specificky vyzkum na vysokych skolach

Publication year

2019

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

European Research Studies Journal

ISSN

1108-2976

e-ISSN

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Volume of the periodical

XXII

Issue of the periodical within the volume

4

Country of publishing house

GR - GREECE

Number of pages

19

Pages from-to

398-416

UT code for WoS article

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EID of the result in the Scopus database

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