Influence Of Selected Demographic Variables On Entrepreneurship Intentions Of Tertiary Institutions Electronic Technology Students

Bygrave, W.D. & Zacharakis, A. (2014). Entrepreneurship, 3rd ed. Hoboken, NJ: John Wiley & Sons, Inc. ISBN: 978-1-118-58289-3

Entrepreneurs are individuals or group of individuals who identify opportunities where others might see chaos, contradiction and misperception. They can be aggressive catalysts for change within the marketplace. They can be compared to Olympic athletes who challenge themselves to break new barriers and bring ideas into innovation (kuratko, 2016). Entrepreneurship is more than just creation of business. It can be termed as an integrated concept that infuses an individual’s business in an innovative way. It is a phenomenon that has revolutionized the way business is conducted at all levels globally (kuratko, 2016). Information and communication technology (ICT) play a vital role in entrepreneurship in the business world. ICT is a motivating force in the acceleration of entrepreneurship and innovation, making it simpler to recognise and develop good concepts, and build and propagate new products and services .ICT is a technology which can drive fundamental transformation in the abilities of entrepreneurs (Alderete, 2017). Didi-Quvane and Twinomurinzi (2013) say that today’s economy which mostly knowledge based demands that information, knowledge and technological progress are vital mechanisms to gain advantage in business and organisation. The ways in which ICT today empowers statistics to be created, deployed and operate has a robust effect on how businesses function. The truth of a knowledge-based economy means that ICT requires to drive in as an integral part

(3) Moreover, to obtain his information, a questionnaire was developed which included mixtures of scaled, dichotomous, multiple choice, open ended and rank-order questions. (3) Hisrich findings were divided into four areas; the demographic composition and background of the entrepreneurs, the nature of their business ventures, the skills, and personalities of the entrepreneurs as well as the problems confronted in starting and operating a new venture. (3) In the sample entrepreneurs were between the ages of thirty-five and forty-five; in which sixty percent were married and had children. (3) Forty-two percent were first-born children in their families, and the majority grew up in lower or middle class environments.

The role of entrepreneurship in the economy of a country is to inspire new business ventures that support wealth

This is not the case always, for example the culture plays an important role in this entrepreneurial process. Turkey has a stable economic and political conditions, variety of industries are performing well in the domestic market, the customers are early adopters which are all good signs for entrepreneurship, but only 6% of the population of entrepreneurs because they have limited capital, large ponderous bureaucracy with many regulations though the regulations fail to protect the intellectual property. Let us consider Uganda on the other hand, contrary to the stable government of Turkey, Uganda has a violent past, but they have the highest entrepreneurship rate of 28%, from hand crafted furniture, trinkets, cobblers, honey makers, everyone is selling something. There may not be a Steve jobs or Bill gates but most people embody the entrepreneurial spirit. High unemployment and survival rate are the key factors driving the entrepreneurial spirit in Uganda, there are also other factors in place. The initiative to lay down fiber optic cables has enabled the country to link even the rural villages to various resources. In this case we can observe two important factors such as necessity (Uganda) and choice (Turkey) at play here which are mainly based on the culture and history

The role of entrepreneurship in the development of the company and the fundamental reasons behind their success.

The economy is composed of enterprises and businesses. Our economy has survived because the industry leaders had been able to adapt to the changing times and supplied mostly the communities’ needs. Entrepreneurship produces financial gain and keeps the economy afloat, which gives rise to the importance of innovation in entrepreneurship. Entrepreneurs are innovators of the economy. The importance of innovation in entrepreneurship is another key value for the longevity of a business. And, being innovative has helped us become successful in all our endeavors.This leads me to choose my higher education in “Master of Business Administration

The entrepreneurial competencies explain about entrepreneurs through their characteristics and qualities. This model is composed by Driessen (2005) that divided into six characteristics and three qualities. (van der Laan, Driessen & Zwart, 2011) Driessen & Zwart (1999) conducted the research to establish a “scanner” in order to measure elements of entrepreneurship and entrepreneurial traits. (Ismail, Zain & Zulihar, 2015) The findings from past research showed that high score of these traits from successful entrepreneurs compared those who failed in their venture. It is shows what is necessary to develop entrepreneurial attitudes, the seven characteristics such as:

The inclusion of Government Servant registries, mental into impromptu celebrities or novice politicians shows the lack of mental character of our youth entrepreneurship. Some of the above points out the importance of entrepreneurship education so that the younger generation when it is finished through all the formal education sequences are not confused to find work but can instead create jobs. More and more young people who create jobs, it will have a positive impact on the environment and improving the welfare and help the government in solving the economic problems

Entrepreneurship is a very common term now-a-days and it is the dream of most business graduates to start up their own firm. Many business schools are offering courses on entrepreneurship. They feed the motivation to start up one’s own business and many college graduates have done it very successfully. They choose to start up their own venture instead of working for other existing companies. There are many reasons not to start up a business and there are many reasons to fail. But the most common thing that drives the entrepreneurs is that they were all hungry for success.

Over the years, especially around the year 2000 till date, entrepreneurial education has taken different approaches in ensuring the effectiveness of the education system (Gibb & Price, 2014). These different approaches taken is to ensure the effectiveness and efficiencies of the outcome of entrepreneurial education in achieving its argued importance (Fayolle, 2007). Over time, continuous arguments had arisen among scholars pertaining to the contribution of entrepreneurial education towards influencing students to become entrepreneurs. For instance, the studies of Adelaja (2015), Lourenço, Jones, and Jayawarna (2015) and Elmuti, Khoury and Omran (2012) conclude positive influence of entrepreneurial education on intention to become entrepreneurs among students. While the conclusions from studies such as and St-Jean and Mathieu (2015), Bilić, et al. (2011) and Lorz (2011) conclude that entrepreneurial education has no significant relationship with the intention of students to become entrepreneurs.

Entrepreneurship is the readiness to take risks and improve, establish and be able to a business project in a modest world-wide market that is continuously developing. Entrepreneurs are innovators, leaders and creators. They are at the front of technical and communal actions – in their fields, in their advancing philosophy, in their wish to drive the cover. (Davidrubin, 2013).

Although it is a given that many research findings demonstrate an overall agreement on entrepreneurial education and that entrepreneurship can be learned and taught to a certain extent, agreements around the entrepreneurship education curriculum such as teaching methods, appropriateness of concepts and educational course content, are not quite in unison amongst scholars (Robinson and Hayenes 1991; Kuratko 2005; Pittaway and Cope 2007; Liñán et al 2011). Therefore it can be assumed that entrepreneurial education can be a step forward in impacting young individuals to develop their entrepreneurial intentions and propensity, but the extent of such curriculum and its impact on nurturing effective entrepreneurs remains uncertain.

There are many factors in the modern economy which encourage entrepreneurial activity. Throughout this essay i am going to discuss what these factors are and how they influence the life world of entrepreneurs and the environment surrounding them. I am also going to use different theories and concepts to critically evaluate how they affect entrepreneurial practice in an organisational context.

This paper investigated how particular and business student see their ability to adjust, perform and be viable in big business. Past investigation revelations suggest that entrepreneurial objectives and exercises are impacted by individuals ' self-respect or self-efficacy identifying with the confidence and saw competency in business issues. Seen wellness much of the time implies data, capacities and conduct, which are considered as the priority of confidence. In that limit, business understudies may be acknowledged to have higher self-respect in business endeavors than non-business students.