Factors Influencing Entrepreneurial Intentions of Slovak Youth Growing up in Cities and in Villages

Abstract

Entrepreneurial intentions and factors influencing them are important in explaining and often triggering the entrepreneurial activity resulting in establishing new business and enabling to employ other people. This is especially important in category of young people. This study tries to explain common and different threats in entrepreneurial education, individual and contextual factors as variables explaining entrepreneurial intentions of youth growing in two different environments – city and village. This study also investigates if young people are willing to start their carrier in place of their birth. Data were collected in two rounds of voluntary anonymous electronic surveys among students, 537 respondents, who have finished their high-school studies. The principal component and regression analysis were applied. The dependent variable, entrepreneurial intentions, is constructed by combining items that differently measure an individual’s intentions to become an entrepreneur. The independent variables consist of measures for entrepreneurial education, social and cultural capital as well as individual factors as gender, career anchors, proactive personality and others.