Despite the countless attempts aimed at defining the concept, among the most remaining prevalent questions in entrepreneurship research is why some people choose to become entrepreneurs while others prefer to pursue conventional employment opportunities (Mitchell et al., 2007). Causes of entrepreneurial propensity identified in the available entrepreneurship literature have been mainly explained in terms of relevant gender differences, degree of exposure to entrepreneurship education/training or entrepreneurial activities (Gerba, 2012), as well as many other individual and environmental factors (Sesen, 2013). Although several researchers have perceived entrepreneurship as an innate behavior (e.g.; Thompson, 1999; cited in Sesen, 2013), several …show more content…
In light of this fragile socio-political context and these alarming statistics, it becomes important to start looking for other alternatives and ways to support our economy. As Baumol (1968) stated the entrepreneurial function is a vital component in the process of economic growth and disregarding the roles of the entrepreneurs in the economy might negatively affect our ability to attain a considerable part of our historic growth. Furthermore, previous research has proved that there is a positive and significant relationship between entrepreneurial activities and economic growth and that both entrepreneurial activities and human capital do actually account for the higher levels of employment growth rates (Mizan & Nafeez, 2011). This mainly explains governments’ continuous attempts to support and promote entrepreneurial activities among citizens as a way out of unemployment (Rae & Carswell, 2001). In this respect, university students at the beginning of their working lives and careers are believed to be the optimal sample for studying entrepreneurial …show more content…
Thus, it is very crucial to both recognize and consider the wide array of external factors that trigger entrepreneurial intentions: culture, values, beliefs, past experiences, demographics and education (Quan, 2012; Schwarz et al., 2009). In the early 80’s entrepreneurial education and programs started to spread widely and although the field of entrepreneurship is of short history when compared to other disciplines, it has become extensively spread among academic institutions and business schools around the world. Greater efforts are now being directed towards examining the general effectiveness of such programs taking into consideration the great amount of resources and money invested in them (Heuer & Kolvereid, 2014). As indicated by Schwarz et al. (2009), students’ attitudes are not the only triggers of entrepreneurial intent, taking into account the fact that individuals do actually value and consider environmental conditions when making decisions and choices. One of these variables is education and it has been proven by previous research that students’ perception of the surrounding university environment is one of the main elements influencing students’ willingness to start and run their own businesses where entrepreneurial
For example, “nationwide survey conducted by UCLA titled “Your First College Year” which is data collected in 2005 and 2007 that only 16.4% of students were very satisfied with the overall quality of instructions they received and 28.2% were neutral, dissatisfied, or very dissatisfied” (Nemko 33). It has been said, that many students in their first fiscal college years are not satisfied with instructions due to lack of the teachers qualification, large classrooms and being home sick. He goes on to declare, “colleges make money whether or not a student learns, whether or not she graduates, and whether or not he finds good employment” (Nemko 33). In fact, whether the student passes or fails colleges will obtain government funding or monies, therefore the concerns are limited with the type of education a student receives. With this in mind, Nemko is trying to make undergraduates and parents aware of what universities are offering; how these so called businesses can become very expensive.
Immigration is predicted to play a substantial role for labor force and population growth in Canada by the year 2031 (Statistics Canada, 2010). Already small and medium size towns and cities are facing a lot of pressure to attract immigrant women and men for the purpose of countering the aging population (Buchlaschuk & Wilkinson, 2011).With the current figures showing a slight decline in the number of immigrant women who settle within the three largest metropolis of Canada, immigration of women is becoming an issue of concern for the medium and even small cities in Canada (Bucklaschuk, & Wilkinson, 2011). One of the major challenges faced by these cities is how to undertake the retention and integration of these new immigrant women, a concern
Student debt can vanquish growth of small business startups. When young college graduates attempt to start their own company, they are limited to do so because
The fraction of incoming college freshmen surveyed annually by the Cooperative Institutional Research Program (CIRP) at UCLA who reported that “becoming successful in a business of my own” was “essential” or “very important” to them declined from 52.1 percent in 1988 to 41.0 percent in 2004. In fact, between 2004 and 2012, when student loan levels took off, the fraction of people interested in being successful at business ownership actually increased slightly to 41.2 percent. Similarly, the fraction of students who told the UCLA researchers that entrepreneurship was their intended profession declined from 3.9 percent in 1988 to 3.3 percent in 2004. (The fraction declined to 2.9 percent by 2013). Before the policy makers and pundits conclude that the rise in student loans is the cause of the decline in rates of entrepreneurship among millennials – and decide that debt relief is the way to boost entrepreneurial activity among young people today – they should consider that waning interest in entrepreneurship predates the student loan crisis by many
Education and application of that knowledge is crucial to building a successful business. To achieve the goals or dreams one must weigh the benefits of studying and preparing to become an entrepreneur. The objective at hand is to educate, observe, and analyze all aspects of business. One must become informed to improve the chances of having wealth and happiness in the pursuit of owning or managing a business or corporation. Studying a business’s many types and functions offer career goals and typically provide professional development and skills to succeed in any profession (Bethel University, 2011).
With large pool of recent graduates to pull from, employers are raising the requirements of entry level jobs to include Bachelor's and Master’s degrees to thin out the crowd. In response, students are increasing their efforts to get more fitting degrees in order to impress their potential employers and increase their chances of getting hired in their desired field. As Zinsser states, “College should be open-ended: at the end it should open many, many roads. Instead, students are choosing their goal in advance, and their choice narrow as they go along” (402). Zinsser’s observations of the current college system show that college is great for businesses, but poor for students.
Background Analysis Dynamic duo, is a manufacturing plant established several months ago by two industrious young energetic business students, Drew Saline and Jack Richer, of Poedunk University in Poedunk, U.S.A. Dynamic Duo, Incorporated, has only one supervisor in charge, who appears to be somewhat concerned with safety, however, practically all of the facility owners (Drew Saline and Jack Richer), appear totally devoid of having any remote knowledge about safety and compliance with OSHA standards. (Banardin & Russell, 2013). Although these venturesome business students-owners are currently making their rounds on the business track, as it relates to the study of business as students, the necessary knowledge needed for successfully operating
In the subject of sociology, there is difference between gender and sex. Sociology defines the sex as biological terms to assign each individual into different groups of female and male however, gender is the overall understanding of how culture of society shapes between women and men and how they affect and assign the meaning to our understanding from the biological point of view. From the sociology of gender point of view, it explains that how society have effect on our perception and understanding of the differences which is settled between the behavior of men and women as well as their norms, power, and attitude which are involved in the gender. In fact, functions and tasks are assigned to man and woman as suitable to them. For example before industrialization and modernization women used to work beside men in farms however, by the beginning of industrialization and modernization there could be seen more differences and distinction in the tasks as well as function.
Arianne Polonsky Professor Mary Gale Entrepreneurship and opportunity September 16, 2014 The Monk and the Riddle Ever since I was a child I wanted to follow my parent’s steps and become an entrepreneur. I have always thought that the most important rule when thinking about a new business project was to think financially what would benefit me rather than to think personally. After reading The Monk & the Riddle I agree with Komisar that an entrepreneur is most likely to be successful when following his/her passion.
The reading “Gendering Organizational Theory” written by Joan Acker analyzes the importance of implementing gendered organizations into the organization of public administration that integrate the role of women with neutrality. The author advocates for the usage of gender structures that advocates for gender-neutral character, job evaluation and the concept of abstract worker into the structure of complex organizations. Acker argued, “Jobs and hierarchies are represented as gender neutral, and every time such a job evaluation system is used, the notion of gender-neutral structure and the behavior based on that notion are re-created within the organization” (p. 425). The reading begins its discussion by mentioning the differences in treatment, society roles, and limitations and women face in their daily lives.
“You’ve got a lot of street smarts, kid, but you need a college degree to succeed in business.” How many times have you been told this by prospective employers who shut the door in your face after learning you never attended, or didn’t fnish college? The stigma of lacking a college diploma could have dashed your dreams for a successful career—sending them straight out the door and into the trash bin. But wait, you’re intelligent, highly motivated, and you like to take risks! It’s not that college didn’t cross your mind; perhaps you didn’t have the funds, or maybe you just didn’t want to put your ideas on hold while you were sitting in a stuffy classroom for four years.
What trends do you find in regards to age, gender, and race/ethnicity? Why are these trends occurring? In regards to age, the trend I have found was that the numbers for age group 16-24 have decreased and are projected to continue decreasing. This trend is occurring because, as we are seeing right now, more and more young adults have chosen not to go to school and stay home.
How to become a successful entrepreneur? There is no single absolute profile on who can turn out to be an entrepreneur. Successful entrepreneurs arise in different gender, race, ages, and income levels. They differ in experience and education.
Entrepreneurship in the Philippines is currently booming and one of the best things a person can do today is start taking action in putting up its own business or acquiring a franchise (Louren, 2017). Entrepreneurship is a state of mind. It is not identified or measured with the type of business a person is in the success of that business but rather it is the total way of life for entrepreneurs. Being an entrepreneur requires distinct personality traits such as having a risk-taking personality, need for achievement, internal focus of control, tolerance for ambiguity and having a type A behavior or striving to achieve more in less time and general competitiveness (Gilles and Mondejar, 2008). Entrepreneurship has been described as the “capacity and willingness to develop, organize and manage a business venture along with any of its risks in order to make a profit” (www.businessdictionary.com).
Over the years, the subject of gender-based barriers has continued to generate a high level of interest and stimulates robust debate across vertical sectors of management practice and academia due to its influence on career advancement and gender diversity. The topic elicits the interest of stakeholders in the private and public sectors because of its perceived limitations to women’s advancement to top teams. These challenges and their effect on Fortune 500 companies (F500) have become one of the most discussed and researched constructs in literature. There are divergent positions on the reasons for women’s absence in U.S. F500 top leadership.