COMPARATIVE ANALYSIS OF INTENTIONS TOWARDS SELF - EMPLOYMENT AMONG BUSINESS STUDENTS’ AT THE UNIVERSITY OF DUBROVNIK, CROATIA

IVONA VRDOLJAK RAGUŽ

 

Abstract

The entrepreneurship is one of the most important drivers of the development of an economy of any country. The purpose of this paper was to investigate business students’ intentions towards self-employment or working for an employer and if there are differences among entrepreneurial intentions of business students’ that come from a family of business owners from those who are not. The empirical research has been conducted on business students’ at the University of Dubrovnik in the Republic of Croatia in academic year 2010/2011 and in academic year 2015/2016 so that the comparative analysis can be made. The survey analysis was conducted in the paper. Survey questionnaire consisted of 21 questions which covered five dominant areas: demographic characteristics, type of potential business, financial aspects of business, the method of implementing a business idea and the source of information needed to generate idea on the market. Statistical analysis conducted in this paper has shown differences between intentions to own their business and influence of a family business in perception to become an entrepreneur in academic years, 2010/2011 and 2015/2016. Limitations and directions for further research are also discussed in this paper.

Key words

entrepreneurship, intentions towards self-employment, business students’, University of Dubrovnik, the Republic of Croatia

JEL Codes: L26

References

Autio, E., Keeley, R. H., et al. (1997). Entrepreneurial intent among students: Testing an intent model in Asia. Scandinavia, and USA, Frontiers of Entrepreneurial Research, Wellesley MA, Babson College, 133-147.
Bagheri, A., Pihie, Z. A. L., (2010). Role of Family in Entrepreneurial Leadership Development of University Students, World Applied Science Journal, 11(4), 434-442.
Canever, M. D., et al. (2017). How does the public and private university environment affect students entrepreneurial intention? Education + Training, Vol. 59. Issue 6., 550-564.
Fayolle, A. et al. (2006). Assessing the impact of entrepreneurship education programmes: a new methodology, Journal of European Industrial Training, Vol. 30 Issue: 9, 701-720.
Fiet, J., (2001). The theoretical side of teaching entrepreneurship, Journal of Business Venturing, Vol. 16, 1–24.
Franke, N., Luthje, C., (2004). Entrepreneurial intentions of business students: a benchmark study, International Journal of Innovation and Technology Management, Vol. 1, No. 3, 269-288.
Graham, C., McKenzie, A. (1995). Delivering the promise: Developing new graduates. Education and Training, Vol. 37, No. 2, 33-40.
Hart, M., Harrison, R. (1992). Encouraging enterprise in Northern Ireland: Constraints and opportunities, Irish Business and Administrative Research, Vol. 13, 104-116.
Ismail, M. et al. (2009). Entrepreneurial intention among Malaysian undergraduates. International Journal of Business and Management, Vol. 4, No. 10, 54-60.
Katz, J. (1992). A psychological cognitive model of employment status choice, Entrepreneurship Theory and Practice, 21(1), 29-37.
Kolvereid, L. (1996), Prediction of employment status choice intentions, Entrepreneurship Theory and Practice, 21(1), 47-58.
Krueger, N., (1993). The impact of prior entrepreneurial exposure on perceptions of new venture feasibility and desirability, Entrepreneurship: Theory and Practice, 18(31), 5-21
Kuehn, KW., (2008). Entrepreneurial Intention Research: Implication for Entrepreneurship Education. Available online @ http://go.galegroup.com Academic OneFile Web.
Kuratko D. F. (2005). The Emergency of Entrepreneurship Education: Development, trends and
Challenges, Entrepreneurship Theory and Practice, 29 (5), 577 – 597.
Martin, B. C., J. J. McNally, and M. J. Kay (2013). Examining the Formation of Human Capital in Entrepreneurship: A Meta-Analysis of Entrepreneurship Education Outcomes, Journal of Business Venturing, 28(2), 211– 224.
Nabi, G., Holden, R. (2008). Graduate entrepreneurship: Intentions, education and training, Education and Training, Vol. 50, No. 7, 545-551.
Othman,N., Mansor, M., (2012). Entrepreneurial Intentions among Polytechnic Students in Malaysia. International Business Management, 6, 517-526.
Pihie, Z. A. L., (2009). Entrepreneurship as a career choice: An analysis of entrepreneurial self-efficacy and intention of university students, European Journal of Social Science, Vol. 9, No. 2, 338-349.
Ramos, A. M., (2014). Entrepreneurial Intentions among Business Students in Batangas State University, Asia Pacific Journal of Multidisciplinary Research, Volume 2, No. 4, 1-6.
Rengiah, P., Sentosa, I., (2016). The effectiveness of entrepreneurship education in developing entrepreneurial intentions among Malaysian university students: (a research findings on the Structural Equation Modeling), European Journal of Business and Social Sciences, Vol. 5, No. 02, 30-43.
Robinson, P.B. and Sexton, E.A. (1994). The effect of education and experience on self-employment success, Journal of Business Venturing 9 (2), 141-157.
Saravanakumar, M., Saravanan, S. (2012). Entrepreneurship education shaping students entrepreneurial intention. European Journal of Social Sciences, 33(2),. 317-323.
Saeed, S., Muffatto, M., Yousafzai, S., A Multi-level Study of Entrepreneurship Education among Pakistani University Students, Entrepreneurship Research Journal, Vol. 4, Issue 3, 297-321.
Scott, M. G., Twomey, D. F. (1988). The long-term supply of entrepreneurs: Students career aspirations in relation to entrepreneurship, Journal of Small Business Management, 26(4), 5-13.
Shapero, A., (1982). Social Dimensions of Entrepreneurship. In. C. A. Kent, D. L. Sexton & Vesper (Eds.), The Encyclopedia of Entrepreneurship, Englewood Cliffs, Prentice Hall, 72-90.
Singer S., Amoros, J.E., Moska, D., (2015). Global Entrepreneurship Monitor. 2014 Global Report. Babson Park, MA, United States, 1; Babson College; Santiago, Chile: Universidad del Desarrollo; Kuala Lumpur, Malaysia: Universiti Tun Abdul Razak; Monterrey, Mexico: Tecnologico Monterrey; London, United Kingdom: London Business School; UK: Global Entrepreneurship Research Association.
Srinivasan, K., Karthikeyan, P. (2016), Demographic and Family Background Influencing Students towards Entrepreneurship: An Empirical Study, Asian Journal of Research in Social Sciences and Humanities, Vol. 6, No. 10, pp. 1303-1312.
Vesper, K., and Gartner, W., (1997). Measuring progress in entrepreneurship education, Journal of Business Venturing, Vol. 12, 403–421.
Vrdoljak Raguž, I., Matić, M., (2012). The impact of personal background factors on entrepreneurship and intentions of starting a business. The case of the University of Dubrovnik, Croatia, Entrepreneurial Communications, Jones, Brian (editor), Darwen: Acess Press UK, 82-91.
Wang, W. et. al. (2011). Determinants of Entrepreneurial Intention among College Students in China and USA., Journal of Global Entrepreneurship Research, Vol.1, No.1, 35-44.
Zhang, P., Wang, D. D, Owen, C. L. (2014), A Study of Entrepreneurial Intention of University Students, Entrepreneurship Research Journal, Vol. 5, Issue 1, 61-82..

Full Text: PDF (English)

Please publish modules in offcanvas position.