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The role of the environment in entrepreneurial propensity of youngsters’ business ideas

Author

Listed:
  • Katalin Czakó

    (Széchenyi István University)

  • Csilla Polster

    (Széchenyi István University)

  • Santi Setyaningsih

    (Széchenyi István University)

  • Tihana Vasic

    (Széchenyi István University)

Abstract

Entrepreneurship shows regional differences through countries’ history, economic environments, society and habits of individuals. Youngsters can think globally and have the highest skills to access information and know-how. This paper collects data from students’ project work from different countries and extract that information, which can give interesting input to describe regional effects on entrepreneurial propensity through a quantified semantic analysis. Youngsters from 12 countries received the same instructions to present their national economies and then create a business there. The fundamental question of the paper is that are there any definable attributes from the economic environment, which effect youngsters’ entrepreneurial propensity? How can we describe these effects? We linked values and made a numerical evaluation of youngsters’ business concepts, which gives not only a range but also the grade of the presence of local or regional elements. The results show that the more exact special elements of a national economy mentioned, the more barriers participants are aware of. The research concept and the results may give useful inputs in knowledge transfer and education of entrepreneurship.

Suggested Citation

  • Katalin Czakó & Csilla Polster & Santi Setyaningsih & Tihana Vasic, 2023. "The role of the environment in entrepreneurial propensity of youngsters’ business ideas," Journal of Innovation and Entrepreneurship, Springer, vol. 12(1), pages 1-19, December.
  • Handle: RePEc:spr:joiaen:v:12:y:2023:i:1:d:10.1186_s13731-023-00275-2
    DOI: 10.1186/s13731-023-00275-2
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    References listed on IDEAS

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    1. Berthold, Norbert & Kullas, Matthias, 2006. "Unternehmer: der Treibstoff des Wachstumsmotors!," Discussion Paper Series 89, Julius Maximilian University of Würzburg, Chair of Economic Order and Social Policy.
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    7. Balázs Borsi & Tibor Dõry, 2020. "Perception of multilevel factors for entrepreneurial innovation success: A survey of university students," Acta Oeconomica, Akadémiai Kiadó, Hungary, vol. 70(4), pages 615-632, December.
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    Cited by:

    1. Shabeeb Ahmad Gill & Amber Raza & Kiran Farooq & Mohyi Aldin Yaqob Abu Alhoul & Ali Saleh Alshebami & Salem Handhal Marri, 2024. "Effects of People Equity and Entrepreneurial Orientation on Firm Performance: The Mediation Role of Social Capital," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(4), pages 19411-19438, December.

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    More about this item

    Keywords

    Entrepreneurial propensity; Entrepreneurial environment; Youngsters; Regional; Entrepreneurial environment;
    All these keywords.

    JEL classification:

    • L20 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - General
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • F64 - International Economics - - Economic Impacts of Globalization - - - Environment

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