UNIVЕRSITY STUDENTS’ ЕNTRЕPRЕNЕURIAL INTENTIONS: INSIGHTS FROM BIH (REPUBLIC OF SRPSKA)
Journal Title: Acta Economica - Year 2017, Vol 15, Issue 27
Abstract
This paper analytically presents the factors of entrepreneurial intentions of students in Bosnia and Herzegovina (BiH). The research problem can be defined by the question whether today a university can be called an “entrepreneurial university” which educates, prepares and encourages students to start their own business as a career option independently? Do economic policies of small countries contribute to their significant role in encouraging entrepreneurship, and what are predictors of entrepreneurial intentions of students? The study was conducted on a sample of 351 students at the Faculty of Economics of the University of Banja Luka in April 2016, based on previously empirically verified questionnaire that measures the support of closer social environment (friends and family), self-efficacy and acceptability of entrepreneurship as a career, as well as the entrepreneurial intention, through three dimensions of time - starting a business immediately after the end of their formal academic education, within 5 years after graduation and in an indefinite moment in the future. The methods of descriptive statistics, factor and correlation analyses have been applied. The aim of the research is to determine the predictors of entrepreneurial intentions of students in small countries in transition in the case of students from BiH at the early stage during their education and whether their entrepreneurial intentions are influenced by the economic policies through the construction of entrepreneurial infrastructure institutions? The research results indicate the existence of clearly defined and mutually comparable latent variables that can be identified as factors of entrepreneurial intentions of students. Personal competence and motivation of students are predictors of entrepreneurial intentions, which is not the case with the “entrepreneurial university” and the institutional support for entrepreneurs who are beginners.
Authors and Affiliations
Saša Petković
Keywords
Related Articles
- EP ID EP43853
- DOI https://doi.org/10.7251/ACE1727059P
- Views 277
- Downloads 0
CONTEMPORARY LIBERALISM AND ECONOMIC PROSPERITY
Today's liberalism that goes along individual freedom, the rule of law, constitutionally constrained government and free market economy is not much different from its classical predecessor. The significant improvement in...
Scientific research and horizons of knowledge
Intellectual climate has served for development of the economy based on knowledge. But did only the knowledge from the economy seve for the development of economic knowledge? Knowledge can’t be transplanted but it can be...
Conditions and limitations on investments of small and medium enterprises in intangible assets as a response to the crises of the real sector
Business environment for small and medium size enterprises in Republika Srpska is extremely unfavorable. Lack of entrepreneurial infrastructure as well as legal framework, alongside global financial crisis and crisis of...
HARMONISATION OF INDIRECT TAXES IN BiH WITH EU STANDARDS IN THE FUNCTION OF ECONOMIC GROWTH
The paper aims to present the guidelines for harmonisation of the indirect tax policy in BiH with EU standards in order to contribute to fiscal consolidation in the tax area and economic growth of BiH. The analysis of de...
Institutional efficiency as a function of export capability of small economies
Institutions and their efficiency are key factor towards strengthening of export capacities of small economies. Main responsibility for establishing these institutions and for their efficiency is up to the Government. Wi...