Effect of individual factors on youth entrepreneurship – a study of Uttarakhand state, India

Abstract

In this study we have tried to examine the effect of individual factors like intelligence, past self employment experience, past work experience and educational course of professional students on their decision to take up entrepreneurship as a career choice. It is a quantitative study wherein we have taken data of 530 young students studying in the final year of various professional courses (MBA/PGDM, MCA, B.Tech, BHMCT & B.Pharm) of Uttarakhand state of India. The student target population chosen for this study was in the age group of 20-24 years. The male & female ratio of this study was 75 & 25 respectively. Data analysis has been done using Cross tabulation and Chi square test. The results showed that past self-employment experience has a negative impact on student's entrepreneurial inclination. No relationship was seen between the work experience (typically less than 3 years) and entrepreneurial inclination. Students scoring high on intelligence were seen to have no or little entrepreneurial inclination and students who were in MBA/ PGDM, MCA & BHMCT courses were little better inclined towards entrepreneurship in comparison to the rest of the courses.

Impact of family capital & social capital on youth entrepreneurship – a study of Uttarakhand state, India

“…The possible explanation to this effect could be the poor socio-economic climate and unfeasible business environment. Ali et al (2010) has talked about poor socio-economic climate and poor business environment in Pakistan and the same is indicated to be true for Uttarakhand (Sharma & Madan, 2014). Keeping the existing theories of effect of parental income and occupation into account and the present study, we may extend the existing theory that the demographic factors like parental (2012) gives further support to the argument.…”

Factors Motivating Young South African Women to Become Entrepreneurs

“…More than 50% of young South Africans between 15 and 24 are unemployed (Global Risk, 2014). One of the solutions to youth unemployment and poverty is entrepreneurship (Sharma and Madan 2014).…”

“…Shisana et al (2010) note that the feminization of poverty is increasingly apparent in South Africa. Sharma and Madan (2014) assert that youth entrepreneurship is one of the solutions to youth unemployment and poverty. Governments across the world have recognized that the key to building prosperity is to foster entrepreneurship among their people especially the youth.…”

Effect of Individual Factor on Entrepreneurship Intention among Undergraduate Students in Bhutan

“…Youth entrepreneurship not only reduces unemployment in the country but it also creates their destiny by starting companies, and they need not keep waiting for a job (Sharma & Madan, 2014). Today, Bhutan believes that youth entrepreneurship is an innovative approach to integrate youngsters into the increasingly competitive labor market.…”