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Economica

Vol. 15 No. 3-4 (2024)
Articles

The entrepreneurial willingness and motivations of university students

Published:
2024-12-31
DOI Linkhttps://doi.org/10.47282/economica/2024/15/3-4/14351
Authors
Mátyás Troitsky,
Zoltán Gabnai,
Adrián Szilárd Nagy
View
pdf (Hungarian)
Keywords
entrepreneurial willingness entrepreneurial spirit motivation attitude
How To Cite
Selected Style: APA
Troitsky, M., Gabnai, Z., & Nagy, A. S. (2024). The entrepreneurial willingness and motivations of university students. Economica, 15(3-4), 90-102. https://doi.org/10.47282/economica/2024/15/3-4/14351
Abstract

In recent decades, the concepts of creativity, innovation and entrepreneurship have become key players in modern economic development and have received increasing attention both in the European Union and in our country. At present, the SME sector accounts for more than half of the workforce, which is why it is important to monitor their development and performance, as they have a significant impact on the performance of the domestic economy, and thus entrepreneurship and the promotion of entrepreneurial activities are a priority economic policy issue, and can contribute significantly to economic growth, job creation and the competitiveness of the country. As a result of our research on entrepreneurship and its determinants, it can be concluded that entrepreneurship depends on a number of factors, including personal characteristics, attitudes, motivations, educational and cultural background, economic and legal environment, market opportunities and challenges. The results show that more than 90 percent of university students have a positive attitude towards entrepreneurship and nearly 10 percent of them already have a business during their university years. Among the personal motivational factors, the most common responses from those surveyed were financial security, self-fulfilment and social recognition and challenge. This suggests that university students perceive self-employment as more stable than employment. The high influencing factors of self-fulfilment and challenge factors clearly show that university students are not self-employed by necessity, but would start a business for a good business opportunity, to achieve their own plans and goals. The most negatively influencing factors for starting a business according to respondents are financial risk, lack of start-up capital and lack of information, all of which could be addressed by government grants and start-up tenders and other funding opportunities. Despite the fact that the vast majority of students are open to starting a business, very few are aware of the public grants and other funding opportunities available to support entrepreneurship. When asked whether they would like to receive information on starting a business or developing a business idea in the future, nearly 90% of students would like to receive information in the context of compulsory university courses, optional courses and dedicated events.

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