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Entrepreneurial Intentions Of Business Students — A Benchmarking Study

Author

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  • NIKOLAUS FRANKE

    (Department of Entrepreneurship, Vienna University of Economics and Business Administration, Augasse 2-6, 1090 Vienna, Austria)

  • CHRISTIAN LÜTHJE

    (Technical University of Hamburg, Institute of Technology and Innovation Management, Schwarzenbergstr, 95, 21073 Hamburg, Germany)

Abstract

It is widely accepted that the educational system of universities has to provide an academic environment that may serve as a catalyst for high-technology start-ups. The academic tradition of entrepreneurship in German-speaking countries is very short. Until recently, fostering innovations and new product development through entrepreneurship has not been regarded as a primary task of universities. However, perspectives have changed in this respect, and there have been numerous attempts to enhance the role of university graduates as founders of innovative businesses. In this paper, we compare the entrepreneurial intentions of students at two German-speaking universities (the Vienna University of Economics and Business Administration and the University of Munich) with the corresponding results for a leading institution in this field: Massachusetts Institute of Technology (MIT). We find very distinct patterns of entrepreneurial spirit in these universities. The results also suggest that the lower level of founding intentions among students in Munich and Vienna may be attributed to their less distinctive entrepreneurship education. This leaves a great deal of room for improvement.

Suggested Citation

  • Nikolaus Franke & Christian Lüthje, 2004. "Entrepreneurial Intentions Of Business Students — A Benchmarking Study," International Journal of Innovation and Technology Management (IJITM), World Scientific Publishing Co. Pte. Ltd., vol. 1(03), pages 269-288.
    • Handle: RePEc:wsi:ijitmx:v:01:y:2004:i:03:n:s0219877004000209
    DOI: 10.1142/S0219877004000209
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