Entrepreneurial competencies and intentions among students of technical universities
-
DOIhttp://dx.doi.org/10.21511/ppm.19(3).2021.02
-
Article InfoVolume 19 2021, Issue #3, pp. 10-21
- Cited by
- 989 Views
-
725 Downloads
This work is licensed under a
Creative Commons Attribution 4.0 International License
The study investigates the entrepreneurial competencies and intentions of students. Their formation is a requirement of modern times. The question arises whether students of modern technical universities get entrepreneurial competencies and whether they transform these competencies into their entrepreneurial intentions. More than 3.6 thousand students from six technical universities from Poland, Ukraine, Latvia, Bulgaria, and Lithuania were surveyed. Methods of summarizing and grouping data, analysis of the structure of the population and distributions of its elements, evaluation of relationships were used to analyze the results of the survey. It was found that studying at technical universities is not an obstacle to the existence of entrepreneurial intentions among students. The respondents positively assessed their ability to recognize market opportunities for new business (the sum of the shares of positive answers exceeded the sum of the shares of negative answers by 12.4%). A positive generalized assessment was determined when assessing the ability to persuade others to invest in their business, while negative – their ability to write a formal business plan. It is proved that students who highly value their entrepreneurial abilities are much more likely to show the intention to start their own business (р < 0.001). Students’ focus on starting their own business is partly explained by the fact that they connect employment in corporations with a low guarantee of job retention. High positive integrated assessments received the following advantages of own entrepreneurship: prestige (0.302), chance to be realized (0.362), and the ability to create jobs (0.597).
Acknowledgment
The authors wish to thank Denislava Yordanova (Sofia University, Bulgaria), Tatjana Nikitina (Riga Technical University, Latvia), and Daiva Jurevičienė (Vilnius Gediminas Technical University, Lithuania) for helping to collect data at respective countries.
- Keywords
-
JEL Classification (Paper profile tab)A22, I25, O57
-
References28
-
Tables3
-
Figures3
-
- Figure 1. The predominance of the income of the population with higher education over the income of the population with general secondary education in the OECD, %
- Figure 2. Distribution of respondents’ answers about self-confidence, %
- Figure 3. Distribution of respondents’ answers as to whether certain aspects of doing business are attractive, %
-
- Table 1. Influence of factors on the intention to create and run own business
- Table 2. Distribution of respondents’ answers on the comparative characteristics of corporations and family businesses
- Table A1. A fragment of the survey questionnaire within SEAS – Survey on Entrepreneurial Attitudes of Students
-
- Arntz, M., Gregory, T., & Zierahn, U. (2016). The risk of automation for jobs in OECD countries: A comparative analysis (Working Papers No. 189). Paris.
- Bakanauskienė, I., Bakanauskienė, R., & Krikštolaitis, R. (2010). Empirical research of job satisfaction on case of university employee groups. Management Theory and Studies for Rural Business and Infrastructure Development, 22, 12-24.
- Bakheet, A. H. (2018). Student perceptions on business opportunities and barriers for business start-up in Oman. International Journal of Entrepreneurship, 22(1), 1-8.
- Baubonienė, Ž., Hahn, K. H., Puksas, A., & Malinauskienė, E. (2018). Factors influencing student entrepreneurship intentions: the case of Lithuanian and South Korean universities. Entrepreneurship and Sustainability Issues, 6(2), 854-871.
- Bell, R. (2019). Predicting entrepreneurial intention across the university. Education + Training, 61(7/8), 815-831.
- Chen, S.-C., Hsiao, H.-C., Chang, J.-C., Chou, C.-M., Chen, C.-P., & Shen, C.-H. (2015). Can the entrepreneurship course improve the entrepreneurial intentions of students? International Entrepreneurship and Management Journal, 11(3), 557-569.
- Ferreira, A. da S. M., Loiola, E., & Gondim S. M. G. (2017). Motivations, business planning, and risk management: entrepreneurship among university students. RAI Revista de Administração e Inovação, 14(2), 140-150.
- Franco, M., Di Virgilio, F., & D’Angelo, N. (2011). Qualitative Performance and Diversity Management in University Teaching Evaluation. SSRN Electronic Journal.
- Gelaidan, H. M., & Abdullateef, A. O. (2017). Entrepreneurial intentions of business students in Malaysia: The role of self-confidence, educational and relation support. Journal of Small Business and Enterprise Development, 24(1), 54-67.
- Gujrati, R., Tyagi, V., & Lawan, A. (2019). Family Financial Status and Students’ Entrepreneurial Intention: The Mediatory Role of Entrepreneurship Education (2019). Journal of Management, 6(3), 21-28.
- Henley, A., Contreras, F., Espinosa, J. C. & Barbosa, D. (2017). Entrepreneurial intentions of Colombian business students: Planned behavior, leadership skills and social capital. International Journal of Entrepreneurial Behavior & Research, 23(6), 1017-1032.
- Hussain, A., & Norashidah, D. (2015). Impact of entrepreneurial education on entrepreneurial intentions of Pakistani students. Journal of Entrepreneurship and Business Innovation, 2(1), 43-53.
- Kakabadse, K., Kakabadse, A., & Summers, N. (2007). Effectiveness of private finance initiatives (PFI): study of private financing for the provision of capital assets for schools. Public Administration and Development, 27(1), 49-61.
- Kolot, A. M., & Silchenko, M. V (2018). Formuvannia elektronnoho osvitnoho prostoru universytetu – dosvid, problemy, perspektyvy [Formation of electronic educational space of the university – experience, problems, prospects]. Digital Economy: Proceedings of the national scientific and methodological conference, 189-194. (In Ukrainian).
- Kuckertz, A., Kollmann, T., Krell, P., & Stöckmann, C. (2017). Understanding, differentiating, and measuring opportunity recognition, and opportunity exploitation. International Journal of Entrepreneurial Behavior & Research, 23(1), 78-97.
- Malinda, M. (2019). Learning Methods of Business Plan subject to Increase Entrepreneurial Skill, Entrepreneurial Intention and Entrepreneurial Spirit of Students. International Journal of Information and Education Technology, 9(11), 810-814.
- McCowan, T. (2016). Universities and the post-2015 development agenda: an analytical framework. Higher Education, 72, 505-523.
- Meoli, A., Fini, R. Sobrero, M., & Wiklund, J. (2020). How entrepreneurial intentions influence entrepreneurial career choices: The moderating influence of social context. Journal of Business Venturing, 35(3), 105982.
- Miroshnyk, R., & Prokopieva, U. (2020). Development of small and medium-sizes businesses in Ukraine: problems and possibilities. Journal of Lviv Polytechnic National University, Series of Economics and Management Issues, 4(1), 63-71. (In Ukrainian).
- OECD. (2020). Education at a Glance: OECD Indicators.
- Padilla-Angulo, L. (2019) Student associations and entrepreneurial intentions. Studies in Higher Education, 44(1), 45-58.
- Podolchak, N. Y., Prokopyshyn-Rashkevych, L. M., & Karkovska, V. Y. (2019). The influence of coaching on the development of manager’s leadership skills. Naukovyi Visnyk Natsionalnoho Hirnychoho Universytetu, 4, 107-113.
- Prokopenko, O., Osadchenko, I., Braslavska, O., Malyshevska, I., Pichkur, M., & Tyshchenko, V. (2020). Competence approach in future specialist skills development. International Journal of Management, 11(4), 645-656.
- Stukalo, N., & Simakhova, A. (2020). COVID-19 Impact on Ukrainian Higher Education. Universal Journal of Educational Research, 8(8), 3673-3678.
- Torres, F. C., Méndez, J. C. E., Barreto, K. S., Chavarría, A. P., Machuca, K. J., & Guerrero, J. A. O. (2017). Exploring entrepreneurial intentions in Latin American university students. International Journal of Psychological Research, 10(2), 46-59.
- Vodă, A. I., & Florea, N. (2019). Impact of personality traits and entrepreneurship education on entrepreneurial intentions of business and engineering students. Sustainability, 11(4), 1192.
- Ward, A., Hernández-Sánchez, B. R., & Sánchez-García, J. C. (2019). Entrepreneurial potential and gender effects: the role of personality traits in university students’ entrepreneurial intentions. Frontiers in Psychology, 10, 2700.
- Wang, W., Tang, Y., Liu, Y., Zheng, T., Liu, J., & Liu, H. (2019). Can sense of opportunity identification efficacy play a mediating role? Relationship between network embeddedness and social entrepreneurial intention of university students. Frontiers in Psychology, 10, 1342.