An Empirical Study of Entrepreneurial Intention and Youth Entrepreneurship Policy in Hong Kong

Abstract

Young entrepreneurship is the future of the economy in terms of increasing employment and creating economic value. This paper will report the milestone results of a pilot survey study on entrepreneurial intention and preparation of young people in Hong Kong with a view to explore potential recommendations to develop youth entrepreneurial policy for the Hong Kong Government. The target of this survey is those young people from 18 to 40 years old. 244 copies of valid questionnaires were collected via e-mail, face-to-face seminars and online platforms. The study was designed based on the Theory of Planned Behavior (TPB) and covered entrepreneurial personality traits, family background, entrepreneurial education, entrepreneurial preparation, and the perception of the entrepreneurial environment in Hong Kong. Implications for education institutions and the government will be discussed finally.