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Student Entrepreneurship in Hungary: Selected Results Based on GUESSS Survey

Author

Listed:
  • Andrea S. Gubik

    (University of Miskolc (Hungary))

  • Szilveszter Farkas

    (University of Applied Sciences Budapest (Hungary))

Abstract

Objective: This study investigates students’ entrepreneurial activities and aims to answer questions regarding to what extent do students utilize the knowledge gained during their studies and the personal connections acquired at universities, as well as what role a family business background plays in the development of students’ business start-ups. Research Design & Methods: This paper is based on the database of the GUESSS project investigates 658 student entrepreneurs (so-called ‘active entrepreneurs’) who have already established businesses of their own. Findings: The rate of self-employment among Hungarian students who study in tertiary education and consider themselves to be entrepreneurs is high. Motivations and entrepreneurial efforts differ from those who owns a larger company, they do not necessarily intend to make an entrepreneurial path a career option in the long run. A family business background and family support play a determining role in entrepreneurship and business start-ups, while entrepreneurial training and courses offered at higher institutions are not reflected in students’ entrepreneurial activities. Implications & Recommendations: Universities should offer not only conventional business courses (for example, business planning), but also new forms of education so that students meet various entrepreneurial tasks and problems, make decisions in different situations, explore and acquaint themselves with entrepreneurship. Contribution & Value Added: The study provides literature overview of youth entrepreneurship, describes the main characteristics of students’ enterprises and contributes to understanding the factors of youth entrepreneurship.

Suggested Citation

  • Andrea S. Gubik & Szilveszter Farkas, 2016. "Student Entrepreneurship in Hungary: Selected Results Based on GUESSS Survey," Entrepreneurial Business and Economics Review, Centre for Strategic and International Entrepreneurship at the Cracow University of Economics., vol. 4(4), pages 123-139.
    • Handle: RePEc:krk:eberjl:v:4:y:2016:i:4:p:123-139
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    References listed on IDEAS

    as
    1. Dolton, Peter J & Makepeace, G H, 1990. "Self Employment among Graduates," Bulletin of Economic Research, Wiley Blackwell, vol. 42(1), pages 35-53, January.
    2. Nigel Meager & Peter Bates & Marc Cowling, 2003. "An Evaluation of Business Start-Up Support for Young People," National Institute Economic Review, National Institute of Economic and Social Research, vol. 186(1), pages 59-72, October.
    3. Bartha, Zoltan, 2015. "The Effect of the Tax System as an Institutional Factor on the Business Structure in Europe," MPRA Paper 68027, University Library of Munich, Germany, revised 13 Sep 2015.
    4. Nurdan Ozaralli & Nancy K. Rivenburgh, 2016. "Entrepreneurial intention: antecedents to entrepreneurial behavior in the U.S.A. and Turkey," Journal of Global Entrepreneurship Research, Springer;UNESCO Chair in Entrepreneurship, vol. 6(1), pages 1-32, December.
    5. Edward Mungai & S. Ramakrishna Velamuri, 2011. "Parental Entrepreneurial Role Model Influence on Male Offspring: Is it Always Positive and when does it Occur?," Entrepreneurship Theory and Practice, , vol. 35(2), pages 337-357, March.
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    Cited by:

    1. Liana-Eugenia MESTER & Andreea-Florina FORA & Nicoleta Georgeta BUGNAR & Margit CSIPKES, 2021. "Factors That Influence The Behavior Of Young People In Making The Decision To Start A Business. Case Study," Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 15(1), pages 129-139, November.
    2. Jingjing Wu & Ildikó Rudnák, 2021. "Exploring the Impact of Studying abroad in Hungary on Entrepreneurial Intention among International Students," Sustainability, MDPI, vol. 13(17), pages 1-18, August.
    3. Federico Schimperna & Fabio Nappo & Bruno Marsigalia, 2021. "Student Entrepreneurship in Universities: The State-of-the-Art," Administrative Sciences, MDPI, vol. 12(1), pages 1-16, December.
    4. Slavica Mitrovic Veljkovic & Mia Maric & Mladen Subotic & Branislav Dudic & Michal Greguš, 2019. "Family Entrepreneurship and Personal Career Preferences as the Factors of Differences in the Development of Entrepreneurial Potential of Students," Sustainability, MDPI, vol. 11(20), pages 1-23, October.

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    More about this item

    Keywords

    entrepreneurship education; higher education; youth entrepreneurship; self-employment; family business background;
    All these keywords.

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • I21 - Health, Education, and Welfare - - Education - - - Analysis of Education

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