IDEAS home Printed from https://ideas.repec.org/a/vrs/poicbe/v17y2023i1p930-947n47.html
   My bibliography  Save this article

Young, Wild & Entrepreneurial: Generation Z’s Affinity for Entrepreneurship

Author

Listed:
  • Cirstea Petronela

    (Bucharest University of Economic Studies, Bucharest, Romania; Faculty of Business Administration in Foreign Languages)

  • Anagnoste Sorin

    (Bucharest University of Economic Studies, Bucharest, Romania; Faculty of Business Administration in Foreign Languages)

Abstract

Generation Z is a cohort of contrasts - youth growing with a life fuller of possibilities than ever before, but also into a world filled with challenges. Born between approximately the mid-1990s and 2010s, they are no longer children, but emerging as today and tomorrow’s leaders, innovators, and entrepreneurs. Studies have already revealed that this generation has a high affinity and strong abilities towards entrepreneurship. Digitally-savvy and with a global mindset, yet troubled by anxiety and inexperienced, Zoomers have a starting point which, depending on one’s perspective, can be either troublesome or advantageous. The paper includes a review of the current state of research on the topic, followed by owned research examining how Zoomers position themselves in regards with entrepreneurship, ending with conclusions, observations, and recommendations. As both the authors either identify as, or teach, Generation Z ourselves, this topic holds professional, academic and personal dimensions. Youth is history in the making. Understanding, on a deeper level, the reasons and goals, the challenges and opportunities which make up Generation Z’s professional ecosystem will ensure the best management of the economic force represented by Generation Z’s entrepreneurial intent.

Suggested Citation

  • Cirstea Petronela & Anagnoste Sorin, 2023. "Young, Wild & Entrepreneurial: Generation Z’s Affinity for Entrepreneurship," Proceedings of the International Conference on Business Excellence, Sciendo, vol. 17(1), pages 930-947, July.
    • Handle: RePEc:vrs:poicbe:v:17:y:2023:i:1:p:930-947:n:47
    DOI: 10.2478/picbe-2023-0085
    as

    Download full text from publisher

    File URL: https://doi.org/10.2478/picbe-2023-0085
    Download Restriction: no
    File URL: https://libkey.io/10.2478/picbe-2023-0085?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Satish Nambisan, 2017. "Digital Entrepreneurship: Toward a Digital Technology Perspective of Entrepreneurship," Entrepreneurship Theory and Practice, , vol. 41(6), pages 1029-1055, November.
    2. Clyde Eiríkur Hull & Yu-Ting Caisy Hung & Neil Hair & Victor Perotti & Richard DeMartino, 2007. "Taking advantage of digital opportunities: a typology of digital entrepreneurship," International Journal of Networking and Virtual Organisations, Inderscience Enterprises Ltd, vol. 4(3), pages 290-303.
    3. Jean-Michel Sahut & Luca Iandoli & Frédéric Teulon, 2021. "The age of digital entrepreneurship," Small Business Economics, Springer, vol. 56(3), pages 1159-1169, February.
    4. Willem Hulsink & Daan Koek, 2014. "The young, the fast and the furious: a study about the triggers and impediments of youth entrepreneurship," International Journal of Entrepreneurship and Innovation Management, Inderscience Enterprises Ltd, vol. 18(2/3), pages 182-209.
    5. Cesar Bandera & Katia Passerini, 2020. "Personality traits and the digital entrepreneur: Much of the same thing or a new breed?," Journal of the International Council for Small Business, Taylor & Francis Journals, vol. 1(2), pages 81-105, April.
    6. Tommaso Minola & Giuseppe Criaco & Lucio Cassia, 2014. "Are youth really different? New beliefs for old practices in entrepreneurship," International Journal of Entrepreneurship and Innovation Management, Inderscience Enterprises Ltd, vol. 18(2/3), pages 233-259.
    7. Davidsson, Per & Honig, Benson, 2003. "The role of social and human capital among nascent entrepreneurs," Journal of Business Venturing, Elsevier, vol. 18(3), pages 301-331, May.
    8. Robert Fairlie, 2005. "Entrepreneurship and Earnings among Young Adults from Disadvantaged Families," Small Business Economics, Springer, vol. 25(3), pages 223-236, October.
    9. James A Cunningham & Conor O’Kane, 2017. "Technology-Based Nascent Entrepreneurship: Some Implications for Economic Policy Making and Makers," Palgrave Advances in Economics of Innovation and Technology, in: James A. Cunningham & Conor O'Kane (ed.), Technology-Based Nascent Entrepreneurship, chapter 0, pages 1-17, Palgrave Macmillan.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Francisco Olmo-García & Fernando Javier Crecente-Romero & María Teresa Val-Núñez & María Sarabia-Alegría, 2023. "Entrepreneurial activity in an environment of digital transformation: an analysis of relevant factors in the euro area," Palgrave Communications, Palgrave Macmillan, vol. 10(1), pages 1-10, December.
    2. Umair Baig & Batool Muhammad Hussain & Ieva Meidute-Kavaliauskiene & Sigitas Davidavicius, 2022. "RETRACTED: Digital Entrepreneurship: Future Research Directions and Opportunities for New Business Model," Sustainability, MDPI, vol. 14(9), pages 1-16, April.
    3. Sufyan, Muhammad & Degbey, William Y. & Glavee-Geo, Richard & Zoogah, Baniyelme D., 2023. "Transnational digital entrepreneurship and enterprise effectiveness: A micro-foundational perspective," Journal of Business Research, Elsevier, vol. 160(C).
    4. Mercedes Gumbau-Albert, 2024. "Understanding the Impact of Intangible Capital on Entrepreneurship at the Regional Level," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(3), pages 11063-11089, September.
    5. Bejjani, Melissa & Göcke, Lutz & Menter, Matthias, 2023. "Digital entrepreneurial ecosystems: A systematic literature review," Technological Forecasting and Social Change, Elsevier, vol. 189(C).
    6. Paul, Justin & Alhassan, Ibrahim & Binsaif, Nasser & Singh, Prakash, 2023. "Digital entrepreneurship research: A systematic review," Journal of Business Research, Elsevier, vol. 156(C).
    7. Irene Bertschek & Joern Block & Alexander S. Kritikos & Caroline Stiel, 2024. "German financial state aid during Covid-19 pandemic: Higher impact among digitalized self-employed," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 36(1-2), pages 76-97, January.
    8. Jiyoung Kimjeon & Per Davidsson, 2022. "External Enablers of Entrepreneurship: A Review and Agenda for Accumulation of Strategically Actionable Knowledge," Entrepreneurship Theory and Practice, , vol. 46(3), pages 643-687, May.
    9. Yami, Saïd & M'Chirgui, Zouhaier & Spano, Claude & Gontier Barykina, Olga, 2021. "Reinventing science and technology entrepreneurship education: The role of human and social capitals," Technological Forecasting and Social Change, Elsevier, vol. 164(C).
    10. Changwei Pang & Qiong Wang, 2024. "How Digital Transformation Promotes Disruptive Innovation? Evidence from Chinese Entrepreneurial Firms," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(2), pages 7788-7818, June.
    11. Shirokova, Galina & Osiyevskyy, Oleksiy & Bogatyreva, Karina, 2016. "Exploring the intention–behavior link in student entrepreneurship: Moderating effects of individual and environmental characteristics," European Management Journal, Elsevier, vol. 34(4), pages 386-399.
    12. Renato Passaro & Ivana Quinto & Pierluigi Rippa & Antonio Thomas, 2020. "Evolution of Collaborative Networks Supporting Startup Sustainability: Evidences from Digital Firms," Sustainability, MDPI, vol. 12(22), pages 1-20, November.
    13. Mirjam van Praag & Arjen van Witteloostuijn & Justin van der Sluis, 2009. "Returns for Entrepreneurs versus Employees: The Effect of Education and Personal Control on the Relative Performance of Entrepreneurs vis-a-vis Wage Employees," Tinbergen Institute Discussion Papers 09-111/3, Tinbergen Institute.
    14. Per Davidsson & Jan Henrik Gruenhagen, 2021. "Fulfilling the Process Promise: A Review and Agenda for New Venture Creation Process Research," Entrepreneurship Theory and Practice, , vol. 45(5), pages 1083-1118, September.
    15. Marian Holienka & Peter Gál & Zuzana Kovačičová, 2017. "Drivers of Student Entrepreneurship in Visegrad Four Countries: Guesss Evidence," Central European Business Review, Prague University of Economics and Business, vol. 2017(2), pages 54-63.
    16. Zaheer, Hasnain & Breyer, Yvonne & Dumay, John & Enjeti, Mahesh, 2022. "The entrepreneurial journeys of digital start-up founders," Technological Forecasting and Social Change, Elsevier, vol. 179(C).
    17. Jie Wu & Steven Si & Zhiyang Liu, 2022. "Entrepreneurship in Asia: Entrepreneurship knowledge when East meets West," Asian Business & Management, Palgrave Macmillan, vol. 21(3), pages 317-342, July.
    18. Maura McAdam & Caren Crowley & Richard T. Harrison, 2020. "Digital girl: cyberfeminism and the emancipatory potential of digital entrepreneurship in emerging economies," Small Business Economics, Springer, vol. 55(2), pages 349-362, August.
    19. Bhattacharyya, Jagriti & Subrahmanya, M.H. Bala, 2024. "Determinants of a digital start-up's access to VC financing in India: A signaling theory perspective," Technological Forecasting and Social Change, Elsevier, vol. 207(C).
    20. Alessandra Colombelli & Emilio Paolucci & Elisabetta Raguseo & Gianluca Elia, 2024. "The creation of digital innovative start-ups: the role of digital knowledge spillovers and digital skill endowment," Small Business Economics, Springer, vol. 62(3), pages 917-937, March.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:vrs:poicbe:v:17:y:2023:i:1:p:930-947:n:47. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peter Golla (email available below). General contact details of provider: https://www.sciendo.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.