Issues and Challenges in Nurturing Young Entrepreneurs: A Study with Entrepreneurship Students

Noor Hashim, Ahmad Omar, Mohd Rahid, Farhana Sidek

2019

Abstract

Many countries, particularly developing ones, have recognized the value and the growing role entrepreneurship as drivers of growth and job creation, and as effective tools for poverty alleviation. As such, entrepreneurship has become a catchphrase in almost everywhere, particularly in the business and management area. Governments worldwide have now increasingly recognized their interest in entrepreneurship education and have introduced it to variety of settings, not only among the officials but also schools, colleges and universities. In most colleges and universities in Malaysia for example, students are compulsory to take entrepreneurship introductory courses during their college years and even can take other more advance entrepreneurship courses. In fact, some colleges have started to offer a degree or certificate in entrepreneurship. This is to provide the students with the knowledge, skills and motivation to encourage entrepreneurial success and finally become a job creator rather than a seeker. Despite the initiatives given, not many students, particularly those who are majoring in entrepreneurship, have really embarked being entrepreneurs. Thus, to understand these scenarios, this paper aims to explore what are the factors that motivate and hinder these students to be entrepreneurs. Thirty-three students who recently finished their Bachelor degree in entrepreneurship and innovation (BEI) were surveyed. Almost half of the students wanted to be entrepreneurs, however, their main concern is about having cash. Surprisingly, some are not really sure if they really want to be entrepreneurs. Most students opt to work first but at the same time try to find what to sell or offer to customer. In addition to the survey, ten of the surveyed respondents who available were called for semi-structured interviews to understand the issues being studied. The study raises a number of additional findings that are of interest but not directly related to this work.

Paper Citation

in Harvard Style

Hashim N., Omar A., Rahid M. and Sidek F. (2019). Issues and Challenges in Nurturing Young Entrepreneurs: A Study with Entrepreneurship Students. In Proceedings of the 20th Malaysia Indonesia International Conference on Economics, Management and Accounting - Volume 1: MIICEMA, ISBN 978-989-758-582-1, pages 5-20. DOI: 10.5220/0009574200002900

in Bibtex Style

@conference{miicema19,
author={Noor Hashim and Ahmad Omar and Mohd Rahid and Farhana Sidek},
title={Issues and Challenges in Nurturing Young Entrepreneurs: A Study with Entrepreneurship Students},
booktitle={Proceedings of the 20th Malaysia Indonesia International Conference on Economics, Management and Accounting - Volume 1: MIICEMA,},
year={2019},
pages={5-20},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0009574200002900},
isbn={978-989-758-582-1},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 20th Malaysia Indonesia International Conference on Economics, Management and Accounting - Volume 1: MIICEMA,
TI - Issues and Challenges in Nurturing Young Entrepreneurs: A Study with Entrepreneurship Students
SN - 978-989-758-582-1
AU - Hashim N.
AU - Omar A.
AU - Rahid M.
AU - Sidek F.
PY - 2019
SP - 5
EP - 20
DO - 10.5220/0009574200002900