Young Entrepreneurs: Motivational Factors Encouraging the Hospitality Student’s of Lyceum of the Philippines University Manila

It is said that the most motivated workers can be found in the Banking and Insurance Industry. The study looks into the motivational factors affecting the satisfaction and performance of twenty workers from the three FICO Branches in the province of Nueva Ecija in the Philippines. Through the use of mixed methods of research and self-made questionnaire designed to elicit the responses of the bank workers, the study found out that most of them are college graduates, are very satisfied with the offerings of the company, have been rendering their services for less than five years, and performs Above Expectations based on the company’s recent evaluation. Based on the findings, it is suggested that: The motivational factors identified be reinforced for the worker’s benefits; The management should consider conducting a regular survey to serve as platform where workers can voice out their needs and opinions for the further improvement of the workplace and existing policies, and to further uphold the workers’ welfare; and Let the workers organize informal programs for stress management, recreations, trainings that they deem fit and necessary with due consideration to available resources and existing policies. Since the study is limited to the FICO Bank Branches in Nueva Ecija, it is also suggested that similar study be conducted in other locales and other bank branches.

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Motivations of Vietnamese Students in Study Abroad: A Case of Vietnamese Graduate Students in the Philippines

International Research in Education ◽

10.5296/ire.v6i1.12245 ◽

2018 ◽

Vol 6 (1) ◽

pp. 14 ◽

Cited By ~ 3

Author(s):

Tran Thanh Huong ◽

Le Van Cong

Keyword(s):

Graduate Students ◽

Study Abroad ◽

Mixed Method ◽

Structured Interview ◽

The Philippines ◽

Motivational Factors ◽

Tuition Fees ◽

Metro Manila ◽

English Speaking ◽

Significant Factors

This paper investigates the motivational factors of Vietnamese graduate students choose to study abroad and why they select the Philippines as their academic destination. Descriptive data using mixed method from 56 Vietnamese graduate students (VNGSs) in six universities in Metro Manila were collected through questionnaires and semi-structured interview. The findings reveal that VNGSs respectively identify “professional development”, “English improvement and “better educational quality” as the most important motivational factors to study abroad. The factors of affordable tuition fees and living costs, English speaking environment, convenience for travelling and the closeness of the Philippines are considered as very significant factors influence VNGSs’ coming to study in this country. From the findings, the paper discusses their implications for Vietnam graduate education.

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Digital Innovations in MSMEs during Economic Disruptions: Experiences and Challenges of Young Entrepreneurs

Administrative Sciences ◽

10.3390/admsci12010008 ◽

2022 ◽

Vol 12 (1) ◽

pp. 8

Author(s):

Lavinia Javier Cueto ◽

April Faith Deleon Frisnedi ◽

Reynaldo Baculio Collera ◽

Kenneth Ian Talosig Batac ◽

Casper Boongaling Agaton

Keyword(s):

Professional Growth ◽

Global Economy ◽

Developing Economies ◽

Small And Medium Enterprises ◽

Economic Status ◽

The Philippines ◽

Health Crisis ◽

Digital Platforms ◽

Digital Entrepreneurship ◽

Young Entrepreneurs

The spike in COVID-19 cases all over the world poses a massive impact on various sectors of society. The global economy is no exception, for it has been severely affected by the unprecedented public health crisis leading businesspeople to shutdown commercial establishments and dramatically shifting businesses into digital platforms. Immense challenges brought by the pandemic have turned into great opportunities among entrepreneurs from different parts of the globe. In pursuit of the recovery path, they considered digital tools to be instrumental to surviving the crisis and even thriving in the long term. This study explores drivers and barriers to digital innovations in micro, small, and medium enterprises (MSMEs) during economic disruptions from the perspective of Filipino young entrepreneurs. Researchers employed a qualitative method for the conduct of in-depth interviews with 46 online entrepreneurs in the Philippines and transcribed them for Inductive Content Analysis to generate themes. Results found the adverse effects of the pandemic, which reinforce entrepreneurial innovations of shifting businesses to digital platforms, categorized into intrinsic (e.g., personal and professional growth) and extrinsic (e.g., mobility restrictions, market conditions, and household economic status) motivations. Participants described the barriers to digital entrepreneurship, including skills needed for doing online business, market-related problems in digital platforms, availability of quality internet infrastructures, and the pandemic restrictions. The findings of this study contribute to the entrepreneurship literature and areas for an empirical investigation to develop programs that support entrepreneurs during economic disruptions. This would serve as a guidepost in the formulation of government policies and strategies for economic recovery through digital entrepreneurship while considering the perspectives of young entrepreneurs. This further recommends future related researches to empower entrepreneurs, particularly those in the developing economies during the pandemic and beyond.

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