IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v11y2019i5p1437-d212127.html
   My bibliography  Save this article

Entrepreneurial Intentions of Business and Economics Students in Germany and Cyprus: A Cross-Cultural Comparison

Author

Listed:
  • Tuğberk Kaya

    (Department of Management Information Systems, School of Applied Sciences, Cyprus International University, Nicosia, Northern Cyprus via Mersin 10, Turkey
    Institute for Research in Economic and Fiscal Issues (IREF), 75017 Paris, France)

  • Burak Erkut

    (Institute for Research in Economic and Fiscal Issues (IREF), 75017 Paris, France
    Department of Economics, Faculty of Business and Economics, Technische Universität Dresden, 01062 Dresden, Germany)

  • Nadine Thierbach

    (Independent scholar, 01062 Dresden, Germany)

Abstract

The World Economic Forum in Davos suggested that promoting entrepreneurship could be a solution to the problem of youth employment, which is a serious issue with 75 million young people out of work around the world. The entrepreneurial decisions of young people are especially important in regions where economic opportunities are restricted and people choose to move from that region. Two of such regions are East Germany and Northern Cyprus. In this article, the authors are interested in analyzing entrepreneurial tendencies of business and economics students from Northern Cyprus and East Germany in order to provide context-specific knowledge. For this purpose, a survey was conducted at the Technische Universität Dresden and the Near East University with n = 293 participants in 2016. The results were analyzed by using a logistic regression analysis. The study includes with policy implications on the transformation towards entrepreneurial universities to meet the different needs of small and poor cities.

Suggested Citation

  • Tuğberk Kaya & Burak Erkut & Nadine Thierbach, 2019. "Entrepreneurial Intentions of Business and Economics Students in Germany and Cyprus: A Cross-Cultural Comparison," Sustainability, MDPI, vol. 11(5), pages 1-18, March.
  • Handle: RePEc:gam:jsusta:v:11:y:2019:i:5:p:1437-:d:212127
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/11/5/1437/pdf
    Download Restriction: no

    File URL: https://www.mdpi.com/2071-1050/11/5/1437/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Eric von Hippel, 1986. "Lead Users: A Source of Novel Product Concepts," Management Science, INFORMS, vol. 32(7), pages 791-805, July.
    2. Thurik, A. Roy & Carree, Martin A. & van Stel, André & Audretsch, David B., 2008. "Does self-employment reduce unemployment?," Journal of Business Venturing, Elsevier, vol. 23(6), pages 673-686, November.
    3. Ulrich Witt, 2007. "Firms as Realizations of Entrepreneurial Visions," Journal of Management Studies, Wiley Blackwell, vol. 44(7), pages 1125-1140, November.
    4. Becker, Sascha O. & Egger, Peter H. & von Ehrlich, Maximilian, 2012. "Too much of a good thing? On the growth effects of the EU's regional policy," European Economic Review, Elsevier, vol. 56(4), pages 648-668.
    5. Kolvereid, Lars & Isaksen, Espen, 2006. "New business start-up and subsequent entry into self-employment," Journal of Business Venturing, Elsevier, vol. 21(6), pages 866-885, November.
    6. Becker, Sascha O. & Egger, Peter H. & von Ehrlich, Maximilian, 2010. "Going NUTS: The effect of EU Structural Funds on regional performance," Journal of Public Economics, Elsevier, vol. 94(9-10), pages 578-590, October.
    7. Guido Buenstorf, 2007. "Creation and Pursuit of Entrepreneurial Opportunities: An Evolutionary Economics Perspective," Small Business Economics, Springer, vol. 28(4), pages 323-337, April.
    8. Guido Buenstorf & Kristian Nielsen & Bram Timmermans, 2017. "Steve Jobs or No Jobs? Entrepreneurial activity and performance among Danish college dropouts and graduates," Small Business Economics, Springer, vol. 48(1), pages 179-197, January.
    9. Robbert Maseland, 2014. "Does Germany have an East-West Problem? Regional Growth Patterns in Germany since Reunification," Regional Studies, Taylor & Francis Journals, vol. 48(7), pages 1161-1175, July.
    10. Michael Fritsch & Michael Wyrwich, 2014. "The Long Persistence of Regional Levels of Entrepreneurship: Germany, 1925-2005," Regional Studies, Taylor & Francis Journals, vol. 48(6), pages 955-973, June.
    11. Kay, Rosemarie & Suprinovič, Olga, 2013. "Unternehmensnachfolgen in Deutschland 2014 bis 2018," Daten und Fakten 11, Institut für Mittelstandsforschung (IfM) Bonn.
    12. Luke Alan Pittaway & Jim Gazzard & Adam Shore & Tom Williamson, 2015. "Student clubs: experiences in entrepreneurial learning," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 27(3-4), pages 127-153, April.
    13. Mankart, Jochen & Rodano, Giacomo, 2015. "Personal bankruptcy law, debt portfolios, and entrepreneurship," Journal of Monetary Economics, Elsevier, vol. 76(C), pages 157-172.
    14. von Hayek, Friedrich August, 1989. "The Pretence of Knowledge," American Economic Review, American Economic Association, vol. 79(6), pages 3-7, December.
    15. Marco Lehmann-Waffenschmidt, 1990. "Predictability of Economic Processes and the Morgenstern Paradox," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 126(II), pages 147-161, June.
    16. Tsang, Eric W. K., 2014. "Old and New," Management and Organization Review, Cambridge University Press, vol. 10(03), pages 390-390, November.
    17. Artinger, Sabrina & Schade, Christian, 2013. "Girls will be Girls: An Experimental Study on Female Entrepreneurship," Structural Change in Agriculture/Strukturwandel im Agrarsektor (SiAg) Working Papers 146511, Humboldt University Berlin, Department of Agricultural Economics.
    18. Sascha O. Becker & Peter H. Egger & Maximilian von Ehrlich, 2013. "Absorptive Capacity and the Growth and Investment Effects of Regional Transfers: A Regression Discontinuity Design with Heterogeneous Treatment Effects," American Economic Journal: Economic Policy, American Economic Association, vol. 5(4), pages 29-77, November.
    19. Davidsson, Per, 2015. "Data replication and extension: A commentary," Journal of Business Venturing Insights, Elsevier, vol. 3(C), pages 12-15.
    20. Donald F. Kuratko, 2011. "Entrepreneurship theory, process, and practice in the 21st century," International Journal of Entrepreneurship and Small Business, Inderscience Enterprises Ltd, vol. 13(1), pages 8-17.
    21. Witt, Ulrich, 1998. "Imagination and leadership - The neglected dimension of an evolutionary theory of the firm," Journal of Economic Behavior & Organization, Elsevier, vol. 35(2), pages 161-177, April.
    22. Israel M. Kirzner, 1997. "Entrepreneurial Discovery and the Competitive Market Process: An Austrian Approach," Journal of Economic Literature, American Economic Association, vol. 35(1), pages 60-85, March.
    23. Bredvold, Randi & Skålén, Per, 2016. "Lifestyle entrepreneurs and their identity construction: A study of the tourism industry," Tourism Management, Elsevier, vol. 56(C), pages 96-105.
    24. Dopfer,Kurt (ed.), 2005. "The Evolutionary Foundations of Economics," Cambridge Books, Cambridge University Press, number 9780521621991.
    25. Henry Kaiser, 1974. "An index of factorial simplicity," Psychometrika, Springer;The Psychometric Society, vol. 39(1), pages 31-36, March.
    26. Burak Erkut, 2016. "Entrepreneurship and Economic Freedom: Do Objective and Subjective Data Reflect the Same Tendencies?," Entrepreneurial Business and Economics Review, Centre for Strategic and International Entrepreneurship at the Cracow University of Economics., vol. 4(3), pages 11-26.
    27. Nicos Nicolaou & Scott Shane & Lynn Cherkas & Janice Hunkin & Tim D. Spector, 2008. "Is the Tendency to Engage in Entrepreneurship Genetic?," Management Science, INFORMS, vol. 54(1), pages 167-179, January.
    28. Agnieszka Żur, 2015. "Social Problems as Sources of Opportunity: Antecedents of Social Entrepreneurship Opportunities," Entrepreneurial Business and Economics Review, Centre for Strategic and International Entrepreneurship at the Cracow University of Economics., vol. 3(4), pages 73-87.
    29. Tommaso Minola & Giuseppe Criaco & Lucio Cassia, 2014. "Are youth really different? New beliefs for old practices in entrepreneurship," International Journal of Entrepreneurship and Innovation Management, Inderscience Enterprises Ltd, vol. 18(2/3), pages 233-259.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. M. Isabel Sánchez-Hernández & Juan José Maldonado-Briegas, 2019. "Sustainable Entrepreneurial Culture Programs Promoting Social Responsibility: A European Regional Experience," Sustainability, MDPI, vol. 11(13), pages 1-19, July.
    2. Kim Carlotta von Schönfeld & António Ferreira, 2021. "Urban Planning and European Innovation Policy: Achieving Sustainability, Social Inclusion, and Economic Growth?," Sustainability, MDPI, vol. 13(3), pages 1-35, January.
    3. Isabel Luis-Rico & María-Camino Escolar-Llamazares & Tamara De la Torre-Cruz & Alfredo Jiménez & Álvaro Herrero & Carmen Palmero-Cámara & Alfredo Jiménez-Eguizábal, 2020. "Entrepreneurial Interest and Entrepreneurial Competence Among Spanish Youth: An Analysis with Artificial Neural Networks," Sustainability, MDPI, vol. 12(4), pages 1-17, February.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Maria Coelho, 2019. "Fiscal Stimulus in a Monetary Union: Evidence from Eurozone Regions," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 67(3), pages 573-617, September.
    2. Panagiotis KOUDOUMAKIS & George BOTZORIS & Angelos PROTOPAPAS, 2021. "The Contribution Of Cohesion Policy To The Development And Convergence Of The Regions Of The European Union," Regional Science Inquiry, Hellenic Association of Regional Scientists, vol. 0(2), pages 277-290, June.
    3. Barone, Guglielmo & David, Francesco & de Blasio, Guido, 2016. "Boulevard of broken dreams. The end of EU funding (1997: Abruzzi, Italy)," Regional Science and Urban Economics, Elsevier, vol. 60(C), pages 31-38.
    4. Sergio Destefanis & Valter Di Giacinto, 2023. "EU structural funds and GDP per capita: spatial VAR evidence for the European regions," Temi di discussione (Economic working papers) 1409, Bank of Italy, Economic Research and International Relations Area.
    5. Mustra Vinko & Malesevic Perovic Lena & Golem Silvia, 2014. "Social attitudes and regional inequalities," Экономика региона, CyberLeninka;Федеральное государственное бюджетное учреждение науки «Институт экономики Уральского отделения Российской академии наук», issue 1, pages 66-73.
    6. Marco Di Cataldo, 2016. "Gaining and losing EU Objective 1 funds: Regional development in Britain and the prospect of Brexit," LEQS – LSE 'Europe in Question' Discussion Paper Series 120, European Institute, LSE.
    7. Antonella Rita Ferrara & Philip McCann & Guido Pellegrini & Dirk Stelder & Flavia Terribile, 2017. "Assessing the impacts of Cohesion Policy on EU regions: A non-parametric analysis on interventions promoting research and innovation and transport accessibility," Papers in Regional Science, Wiley Blackwell, vol. 96(4), pages 817-841, November.
    8. Maximilian v. Ehrlich & Henry G. Overman, 2020. "Place-Based Policies and Spatial Disparities across European Cities," Journal of Economic Perspectives, American Economic Association, vol. 34(3), pages 128-149, Summer.
    9. Emanuele Ciani & Guido de Blasio, 2015. "European structural funds during the crisis: evidence from Southern Italy," IZA Journal of Labor Policy, Springer;Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 4(1), pages 1-31, December.
    10. Eva Dettmann & Matthias Brachert & Mirko Titze, 2016. "Identifying the Effects of Place-Based Policies - Causal Evidence from Germany," CESifo Working Paper Series 5901, CESifo.
    11. Sascha O Becker & Thiemo Fetzer & Dennis Novy, 2017. "Who voted for Brexit? A comprehensive district-level analysis," Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 32(92), pages 601-650.
    12. Raphael Corbi & Elias Papaioannou & Paolo Surico, 2019. "Regional Transfer Multipliers," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 86(5), pages 1901-1934.
    13. Daniele Bondonio, 2019. "Does the Running Variable Matter? A Second Look at Discontinuity Designs for Evaluating Regional Economic Development and Business Incentive Policies," Economics Working Paper from Condorcet Center for political Economy at CREM-CNRS 2019-02-ccr, Condorcet Center for political Economy.
    14. Davide Fiaschi & Andrea Mario Lavezzi & Angela Parenti, 2018. "Does EU cohesion policy work? Theory and evidence," Journal of Regional Science, Wiley Blackwell, vol. 58(2), pages 386-423, March.
    15. Cerqua, Augusto & Pellegrini, Guido, 2018. "Local policy effects at a time of economic crisis," MPRA Paper 85621, University Library of Munich, Germany.
    16. Nathaniel Lane, 2020. "The New Empirics of Industrial Policy," Journal of Industry, Competition and Trade, Springer, vol. 20(2), pages 209-234, June.
    17. Titze, Mirko & Dettmann, Eva & Brachert, Matthias, 2016. "Identifying the effects of place-based policies – Evidence from Germany," VfS Annual Conference 2016 (Augsburg): Demographic Change 145735, Verein für Socialpolitik / German Economic Association.
    18. Darcy W E Allen, 2020. "When Entrepreneurs Meet:The Collective Governance of New Ideas," World Scientific Books, World Scientific Publishing Co. Pte. Ltd., number q0269, January.
    19. Ville Vehkasalo, 2018. "Effectiveness of EU Regional Policy: Evidence from a Natural Experiment in Finland," REGION, European Regional Science Association, vol. 5, pages 1-19.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:11:y:2019:i:5:p:1437-:d:212127. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.