Abstract
Youth unemployment rates present an issue both in developing and developed countries. The importance of analyzing entrepreneurial activities comes from their significant role in economic development and economic growth. In this study, a 10-year research was conducted. The dataset included 5670 participants—students from Serbia. The main goal of the study is to attempt to predict entrepreneurial intentions among the Serbian youth by analyzing demographics characteristics, close social environment, attitudes, awareness of incentive means, and environment assessment as potential influencing factors. The data analysis included Chi-square, Welch’s t-test, z-test, linear regression, binary logistic regression, ARIMA (Autoregressive Integrated Moving Average) regression, and a QUEST (Quick, Unbiased, Efficient, Statistical Tree) classification tree algorithm. The results are interesting and indicate that entrepreneurial intentions can be partially predicted using the dataset in this current study. Further, most likely due to the robust dataset, the results are not complementary with similar studies in this domain; therefore, these findings expand the current literature and invite future research.
Highlights
IntroductionPublisher’s Note: MDPI stays neutral with regard to jurisdictional claims in published maps and institutional affiliations
Entrepreneurship in transition economies has an important role in economic development, as it possesses a tremendous amount of driving force, which can push economic growth [1,2]
It was noted that entrepreneurship has a central role in economic development [3,4], and it is a driver of innovation, competitiveness, productivity, and positively affects unemployment rates by creating new jobs [5,6,7]
Summary
Publisher’s Note: MDPI stays neutral with regard to jurisdictional claims in published maps and institutional affiliations. Entrepreneurship in transition economies has an important role in economic development, as it possesses a tremendous amount of driving force, which can push economic growth [1,2]. It was noted that entrepreneurship has a central role in economic development [3,4], and it is a driver of innovation, competitiveness, productivity, and positively affects unemployment rates by creating new jobs [5,6,7]. Average unemployment rates and low economic development characterize transitional countries
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