scholarly journals THE INFLUENCE OF THE COVID-19 PANDEMIC ON THE ENTREPRENEURIAL INTENTION OF YOUNG PEOPLE

CACTUS ◽  
2021 ◽  
Author(s):  
Badea Ana-Maria

COVID-19 is an extremely infectious disease and a danger to human health, causing deaths worldwide. The aim of the paper was to identify how the crisis caused by the COVID-19 pandemic negatively influenced the entrepreneurial intentions of young people. The study starts from the hypotheses that entrepreneurial intentions among young people have decreased due to the pandemic and that the existence of entrepreneurs in the family or circle of friends can positively influence young people. A review of the literature has created an overview of the importance of entrepreneurship in a country's economy and how the pandemic affected the entrepreneurs. To collect data, a questionnaire was distributed among young people between 16 and 35 years old. Following the evaluation of the respondents' answers, the two hypotheses were validated. It was found that young people who already have their own business also have relatives or friends who are entrepreneurs, who influenced them to follow the path of entrepreneurship. The pandemic has negatively affected young people, as before March 2020, 35.6% of young people wanted to start their own business, now 24.4% are undecided due to restrictions and uncertainty, and 1.6% gave up the idea setting up a business. Thus, we can conclude that the pandemic has caused disruptions to the economy and entrepreneurship, raising many challenges for current and future businesses.

2021 ◽  
Vol 13 (16) ◽  
pp. 9247
Author(s):  
El Bouichou ◽  
Tahirou Abdoulaye ◽  
Khalil Allali ◽  
Abdelghani Bouayad ◽  
Aziz Fadlaoui

Rural entrepreneurship in the developing world has long been hailed as a powerful tool for promoting the socioeconomic integration of young people and the key to avoiding rural depopulation as well as ensuring these areas remain attractive places for rural youth. However, there have been no efforts to investigate the role of collective entrepreneurship in the creation and management of new businesses in Morocco. Furthermore, we build on the theory of planned behavior (TPB) to investigate and explain entrepreneurial intention among the rural youth members of agricultural cooperatives, and identify the vulnerabilities and factors that influence the choice or decision-making between permanent membership at the cooperative and an entrepreneurial career. In this case, we apply the cognitive approach to survey rural youth in the Drâa-Tafilalet region of Morocco in 2020. The binary logistic regression analysis technique has been used and applied to build the best model to explain why some rural youth members of the cooperative, but not others, choose to become entrepreneurs. We model how agricultural cooperatives may favor or inhibit the translation of entrepreneurial intention into new venture creation. A random sample size of 130 young people has been selected, from which 54 are intending to start a business and 76 have a negative intention of self-employment. The results of the analysis showed that socio-demographic variables, individual perceptions, previous experience, and the activities of the cooperative were statistically significant and reliable in building the binary logistic regression model. Findings also suggest that the risks of agribusiness and financing constraints have a negative influence on entrepreneurial intentions of the youth and women in agricultural cooperatives.


2011 ◽  
Vol 12 (3) ◽  
pp. 189-199 ◽  
Author(s):  
Leonidas A. Zampetakis ◽  
Manto Gotsi ◽  
Constantine Andriopoulos ◽  
Vassilis Moustakis

The authors examine the link between creativity and entrepreneurial intention in young people and the roles that family and education may play in encouraging this link. The results from a survey of 180 undergraduate business school students show that the more creative young people consider themselves to be, the higher are their entrepreneurial intentions. Students' creativity also fully mediates the effect of family support for creativity on their entrepreneurial intention. Support for creativity in the university is found to have no effect on their creativity or on their entrepreneurial intention. Entrepreneurship course attendance moderates the effect of individual creativity on entrepreneurial intention.


2020 ◽  
Vol 12 (11) ◽  
pp. 4775 ◽  
Author(s):  
Maria-Ana Georgescu ◽  
Emilia Herman

In the current economic and social environment, a real challenge for youth is the acquisition and development of the relevant skills in entrepreneurship in order to consider entrepreneurship as a desirable employment choice. Given this aspect, the purpose of this paper is to investigate the main factors influencing students’ entrepreneurial intentions, paying particular attention to their entrepreneurial family background. Additionally, the paper aims to explore the effect of entrepreneurial family background on the relationship between effectiveness of entrepreneurship education and entrepreneurial intention. We conducted a study where results were based on the outcomes of a survey among Romanian high school and university students in the final year (N = 617). Our four main hypotheses were tested through independent samples t-tests, correlation analysis, and hierarchical multiple regression analysis. The findings highlighted that the students with an entrepreneurial family background reported a higher entrepreneurial intention than those without such a background. The variables that positively influenced the entrepreneurial intentions of the students were entrepreneurial family background, effectiveness of entrepreneurship education, and entrepreneurial personality traits. Furthermore, this entrepreneurial family background negatively moderated the relationship between effectiveness of entrepreneurship education and entrepreneurial intention. For this reason, emphasis should be placed on both formal and informal entrepreneurial education, which will increase the propensity of young people to choose an entrepreneurial career.


2020 ◽  
Vol 12 (24) ◽  
pp. 10370
Author(s):  
Ana Iolanda Vodă ◽  
Alina-Petronela Haller ◽  
Alexandru Anichiti ◽  
Gina Ionela Butnaru

The paper aims to analyze the entrepreneurial intention determinants in nine post-transition economies of European member states. To achieve our stated goal, the study focused on the influence of fear of failure and networking on individuals’ inclination towards entrepreneurship. Additionally, gender, income, education, and work status were also considered control variables. The data were collected using the Global Entrepreneurship Monitor (GEM) database. We included responses collected from nine former transition economies, giving us a total of 13,494 observations, for 2015. Logistic regression models were employed to measure the influence of perceptions on the propenisty of individuals to create a new venture. The results indicated that fear of failure is significantly and negatively correlated with entrepreneurial intentions for all groups of countries. The results also indicated that people who have entrepreneurs in the family have a higher propensity for entrepreneurial intentions than people who do not have family members with such a status.


2003 ◽  
Vol 5 (1) ◽  
pp. 79 ◽  
Author(s):  
Nurul Indarti ◽  
Stein Krinstiansen

This paper aims to identify determinants of entrepreneurial intentions among young people. The empirical basis is Norwegian students, while an objective is also to create a basis for comparative studies among different economic and cultural contexts. Independent variables in the study include demographic factors and individual background, personality traits, and contextual elements like access to capital and information. The individual perceptions of self-efficacy and instrumental readiness are the variables that affect entrepreneurial intentions most significantly. Age, gender and educational background have no statistically significant impact. Generally, the level of the entrepreneurial intentions among Norwegian students is relatively low, which may be explained by social status and economic remuneration of entrepreneurs compared with employees in the Norwegian context.


Author(s):  
Ivona Mileva ◽  
Marjan Bojadjiev ◽  
Miodraga Stefanovska-Petkovska ◽  
Ana Tomovska Misoska

The goal of the chapter is to provide a comprehensive understanding of the entrepreneurial intentions in family businesses. Furthermore, the chapter will provide and assess how the role of prior family business background has influence on entrepreneurial intention. The chapter will provide introduction of the term entrepreneurship, entrepreneurial intentions, and the family significant impact on entrepreneurial intentions, and it is important because it studies the effect of the entrepreneurial family background on entrepreneurial intentions in family firms. The chapter will provide the reader with an increased understanding of whether the role of parents has influence over the entrepreneurial intentions of their offspring. The reader will be introduced to the up-to-date scientific research in the area of entrepreneurial intentions in family firms.


2020 ◽  
Vol 9 (4) ◽  
pp. 1594
Author(s):  
Putu Talitha Amadea ◽  
I Gede Riana

The purpose of this study was to examine the effect of entrepreneurial motivation, locus of control, and family environment on the entrepreneurial intention of Udayana University students. This research was conducted on entrepreneurial students of Udayana University 2018. The number of samples in this study were 207 respondents. The sampling technique is saturated sampling. Data collection was obtained from the results of distributing questionnaires directly or online to entrepreneurial students. Analysis of the data in this study uses multiple linear regression analysis. The results of this study indicate that entrepreneurship motivation has a positive and significant effect on entrepreneurial intentions, self-control center has a positive and significant effect on entrepreneurial intentions, the family environment has a positive and significant effect on entrepreneurial intentions. Udayana University should hold more frequent seminars on entrepreneurship so that more and more students are motivated to become young entrepreneurs. Keywords: entrepreneurship motivation, self-control center, family environment, entrepreneurial intentions


2009 ◽  
Vol 14 (4) ◽  
pp. 372-375 ◽  
Author(s):  
Katariina Salmela-Aro ◽  
Ingrid Schoon

A series of six papers on “Youth Development in Europe: Transitions and Identities” has now been published in the European Psychologist throughout 2008 and 2009. The papers aim to make a conceptual contribution to the increasingly important area of productive youth development by focusing on variations and changes in the transition to adulthood and emerging identities. The papers address different aspects of an integrative framework for the study of reciprocal multiple person-environment interactions shaping the pathways to adulthood in the contexts of the family, the school, and social relationships with peers and significant others. Interactions between these key players are shaped by their embeddedness in varied neighborhoods and communities, institutional regulations, and social policies, which in turn are influenced by the wider sociohistorical and cultural context. Young people are active agents, and their development is shaped through reciprocal interactions with these contexts; thus, the developing individual both influences and is influenced by those contexts. Relationship quality and engagement in interactions appears to be a fruitful avenue for a better understanding of how young people adjust to and tackle development to productive adulthood.


Author(s):  
Devi Angrahini Anni Lembana ◽  
Yu Yu Chang ◽  
Wen Ke Liang

From the intentionality-based view, individuals' actual behaviors to initiate a new venture is driven by their entrepreneurial intentions. Company employees have accumulated professionalism and practical experience, which both enable them to discover some unmet market demand and industrial gaps. However, in establishing a new business, not everyone with certain knowledge or expertise has the desire to become an entrepreneur. Prior research has shown that entrepreneurial intentions are under the profound influences of intrinsic factors and extrinsic factors. On the one hand, entrepreneurial self-efficacy is one of the key psychological states that makes someone dare to initiate entrepreneurial activities. Institutional environment, on the other hand, can either enhance and hinder an individuals' entrepreneurial motivation by offering incentives or causing barriers. Little work has been done to understand how the institutional environment and entrepreneurial self-efficacy jointly affect company employees' intention to quit their job and start an enterprising career. By using hierarchical regression on a sample of 325 Indonesian company employees, this paper shows that the entrepreneurial cognition and entrepreneurial self-efficacy are positively related to employees' entrepreneurial intentions. Also, entrepreneurial self-efficacy strengthens the effect of normative Approval on entrepreneurial intention, whereas the regulatory Support from Government is detrimental to company employees' intention to start a new venture regardless the entrepreneurial self-efficacy is high or low.


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