Entrepreneurship Education and Entrepreneurial Intention
The main argument asserts of entrepreneurial intention as the pre-condition for undertaking entrepreneurship education is that signs that people show to behave in a particular way can help in telling the ways in which people will end up behaving. Entrepreneurship education is an important method encouraging entrepreneurship because education 1) gives a feeling of independence and self-confidence to individuals, 2) enables the recognition of alternative career options, 3) broadens the individuals’ horizons by enabling them to better perceive the opportunities, and 4) provides the knowledge that individuals will use in developing new business opportunities. Entrepreneurship education potentially
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But this still does not give them any satisfaction. And most the time, during holiday because of poverty, student have to sells in the street in order to be be able to help their parents to pay for school tuitions, and sometimes most of them have to create a small business to be able to gain money to help their family, brother and sister schools. The government introduced entrepreneurship programs to promote and enhance skills acquisition, the spirit of creativity, self-reliance and self-independence. In other to examined the determinants of entrepreneurial intention amongst university students in Cameroon, the motivations and obstacles, to entrepreneurship among university students in Cameroon, and whether there is any significant difference between entrepreneurial intention and selected demographic variables (gender, entrepreneurship education, and family background). This could be an example to be carried out by other sub-Saharan countries, to reduce the rate of unemployment. The training and support of more qualified teachers is also something not to be disregarded in the improvement of youth unemployment in sub-Saharan Africa. The capacity of having good and well-
Feldman, Daniel C. & NG, Thomas W.H. “How broadly does education contribute to job performance?” 2009, pp. 89-134, doi:10.1111/j.1744-6570.2008.01130.x Accessed 1 Dec. 2016. Korn, Melissa.
BIBLIOGRAPHY 1. The Center for International Private Enterprise. Creating the Environment for Entrepreneurial Success: Key Models of Effective Entrepreneurship Education, 2014. Diakses 14 April 2015 dari http://www.cipe.org/creating-environment-entrepreneurial-success 2. Bambang Pratama, SH.,MH and M. Qudrat Nugraha, Ph.D lecturers Binus University at School Business and Economic.
There has been a large amount of attention paid to the subject of entrepreneurship in the last few years; mainly because most people have chosen to go from working for somebody else, to be their own bosses and work for their dreams. Nevertheless, many still wonder what is entrepreneurship and what is that sets entrepreneurs apart from other regular business owners. At first, it seems both concepts do not differ much from each other since they both start up and run businesses and assume risks to pursue opportunities; however, there are certain traits that difference them.
"Entrepreneurs who start and build new businesses are more celebrated than studied. They embody, in the popular imagination and in the eyes of some scholars, the virtues of "boldness, ingenuity, leadership, persistence and determination." Policymakers see them as a crucial source of employment and productivity growth. Yet our systematic knowledge of how entrepreneurs start and grow their businesses is limited. The activity does not occupy a prominent place in the study of business and economics.
Within every major economy, a great factor in providing the energy of the core of the nations economy is the small and medium enterprises. These cluster of firms are what provide new economic activity, new innovative products and services, along with growing employment and in general a crucial system in ensuring the economy is at a stable growth level. With a majority of this activity stemming from family controlled or managed businesses, the focus on developing a global and long term perspective for these firms are ever growing in importance because of the global perspective entrepreneurship has started to take.
...ed is all in accordance with the literature presented for this research. Data is also gathered on fairly large scale which is quite useful for this type of academic research. Data collection directly from entrepreneurals by using skype and face to face interviews is good technique as there are quite useful for distant respondents and quality criteria is also measurable .However, for me it was hard to find about the type of business each entrepreneural having because it is important to know the business tpe as every business has different aspects to be considered. The entrepreneural in textile industry might not follow same rules and restriction as compare to entrepreneural in service industry. It would have been great if authors have clearly mentioned each business type . As a reader it was not easy for me to follow the analysis section with its overall results.
Nowadays, entrepreneurship becomes most popular career, where our government encourages our graduated student to involve in business so that unemployment will not happen in our country. Policymakers, academics, and researcher agree that entrepreneurship is a vital route to economic advancement for both developed and developing economics (Zelealem et al., 2004). Entrepreneurship has many types for example small business and others. Today small business, particularly the new ones, is the main vehicle for entrepreneurship, contributing not just to employment, social and political stability, but also to innovation and competitive power (Thurik & Wennekers, 2004).
The success of a business is greatly dependent on its entrepreneur. An entrepreneur is someone who takes the financial risk of starting and managing a new business venture. In order to be a successful entrepreneur, one must be ready to take a risk and invest one’s own savings into a business. The job requires that the individual be ambitious and committed to working hard in order to achieve the set targets. A successful entrepreneur is able to multi-task and communicates effectively with people, possessing leadership qualities such as confidence and motivation. The individual must play the role of constant motivator and inspire employees to improve their work performance, whilst ensuring a comfortable environment for the employees to work in. According to Schumpeter (1982), an entrepreneur is more of a ‘heroic’ than an ‘economic’ figure; his motivation should not solely be monetary, rather stemming more from inspiration and ambition.
According to Deakins and Freel (1998), the literature on entrepreneurship process has attempted to dichotomies into two approaches, which is from the nature of entrepreneurs and their role in econo...
Many people dream of becoming entrepreneurs someday. But it made me realize that there other factors that needs to be taken into consideration. We need to ask ourselves are we ready to take the challenge to the outside world. Not everyone have the vision, innovation and creativity to become an entrepreneur. The individual must have a positive attitude and accept the responsibility, have discipline to meet their goals, and take action when the opportunity presents itself. Many prefer a job security and rely on a weekly paycheck, while entrepreneurs will take risks and doesn 't have that luxury to know the amount of their income.
Entrepreneurship is a key driver of our economy, wealth and the majority of jobs are created through entrepreneurship, and it also helps and educates people in terms of growth and realizing opportunities (Nolan, 2003). Entrepreneurship is also seen as one of the important contributing factor to local development (Nolan, 2003).
2000). In addition, if the intention to undertake the behavior is higher, the higher the probability of its performance will be (Ajzen, 1991). Although, the study by Davidsson (1995) states entrepreneurial intentions are assumed to predict, although imperfectly, individuals’ choice to establish their own firms but confirms the role of Intention in actual business