Comparison of entrepreneurial intention among college students in the USA and China

Abstract

As part of a bi-country survey project, this paper empirically compares the entrepreneurial intention of college students in the USA and China. Theoretically rooted in Shapero's entrepreneurial event model, this paper reveals a deficiency of systematic training on entrepreneurship opportunity recognition in China. Moreover, the low percentage of students working during college is an important factor leading to lower entrepreneurial probability in China. Another important result is that students in both countries indicate a need for the knowledge and skills of entrepreneurship; and the need for favourable public policies and legislation.