An Analysis of the Determinants of Entrepreneurial Intentions among Students: A Romanian Case Study
By Cristian Popescu, I. Bostan, Ioana Robu, A. Maxim, L. Diaconu. 2016
131 citations recorded by the source corpus.
Developing people’s interest towards starting a business plays a vital role in the former socialist countries in which, for a very long time, private property and free initiative were almost completely annihilated. Therefore, countries like Romania cannot design a sustainable growth model without taking into account the necessary improvements in the human capital factor, through the entrepreneurial education specific to the market economy, and in the social capital, which leads to stability and enhances the economic activity. The main objectives of this paper are to analyze how much the entrepreneurial intentions are influenced by certain psycho-behavioral traits of the individual (creativity, locus of control, need for achievement and risk taking propensity) and to evaluate the influence of different types of education on these intentions, in order to see if the entrepreneurial education significantly influences the entrepreneurial intentions of Romanian young people. By analyzing the specialized literature, we have developed six research hypothesis that were tested on a sample of 600 students from the undergraduate (bachelor) and master programs within the large state universities of Romania who have entrepreneurship courses in the content of their curricula, with the help of a questionnaire-based survey. Depending on the research hypothesis, several data analysis approaches were used, including Analysis of Variance (ANOVA), Principal Component Analysis (PCA) and General Linear Models (GLM). The main results of this study clearly illustrate that the need for achievement and the propensity towards taking risks play an important role in determining the entrepreneurial intention. Furthermore, graduates of the high schools with an entrepreneurial field are less inclined to engage in businesses compared to the graduates of the high schools that offer general education.
Subfields: Economics and Econometrics, Management of Technology and Innovation
View Paper: https://www.semanticscholar.org/paper/37492031405e630285d166e61dd23332ed2c173e
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Citations in the corpus
- The Impact of the Family Background on Students’ Entrepreneurial Intentions: An Empirical Analysis (2020, background): “The research results of other authors [17], using four personality traits (innovativeness, propensity for taking risks, the need for achievement, and the locus of control), pointed out that risk-taking propensity and the need for achievement positively influence the entrepreneurial intention among…”
- Impact of Personality Traits and Entrepreneurship Education on Entrepreneurial Intentions of Business and Engineering Students (2019, background): “Unlike previous studies on Romanian students [26], our analysis results indicate that both need for achievement and locus of control influenced youth intention towards opening a business, validating Hypothesis 1 (Table 5).”