Since 2014
Youth Entrepreneurship in Visegrad Countries
Modern Management Science & Engineering
View Archive Info| Field | Value | |
| Title |
Youth Entrepreneurship in Visegrad Countries
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| Creator |
Holienka, Marian
Pilková, Anna JanÄoviÄová, Zuzana |
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| Subject |
Entrepreneurship
Entrepreneurship; Visegrad countries (V4); youth; opportunity; necessity; drivers L26 |
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| Description |
Objective: The aim of our paper is to analyse the entrepreneurial activity drivers of youth and young adults in Visegrad countries, considering the opportunity/necessity motivation dichotomy.Research Design & Methods: We employ the Global Entrepreneurship Monitor data for young individuals (18 to 34 years) from V4 countries for years 2011 to 2013. We use the binomial logistic regression modelling with logit transformation. Separate models are constructed for youth and young adults, as well as for opportunity- and necessity-driven entrepreneurial activity.Findings: We found common drivers and distinctive attributes affecting involvement of young people in business start-up according to its motivation. Self-confidence and access to networks are universally important factors. In most examined cases, fear of failure and being a female reduces chance of business start-up. Especially among youth, being a student significantly inhibits involvement in enterprising efforts.Implications & Recommendations: In order to support youth entrepreneurship, an emphasis should be put on education and training to build skills and knowledge required to business start-up, together with capacity to spot opportunities, and reduce fear of failure. Also, formal and informal networking plays an important role.Contribution & Value Added: Based on empirical analysis, our findings point out the key drivers of entrepreneurial activity among young people in V4 countries. We show directions for policy makers aiming to foster entrepreneurship within young generation as both way to exploit available business opportunities, as well as reaction to necessity situations.
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| Publisher |
Cracow University of Economics
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| Contributor |
Slovak Research and Development Agency
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| Date |
2016-12-03
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article Quantitative methods |
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| Format |
application/pdf
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| Identifier |
//eber.uek.krakow.pl/index.php/eber/article/view/130
10.15678/EBER.2016.040407 |
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| Source |
Entrepreneurial Business and Economics Review; Vol 4, No 4 (2016): Entrepreneurship in the Global Context; 105-121
2353-8821 2353-883X |
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| Language |
eng
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| Relation |
//eber.uek.krakow.pl/index.php/eber/article/view/130/pdf
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| Coverage |
Visegrad countries (V4): Czech Republic, Hungary, Slovakia, Poland
2011 to 2013 9290 young individuals (aged 18 to 34) |
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| Rights |
Copyright (c) 2016 Entrepreneurial Business and Economics Review
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