Transformations  in
Business & Economics

SOCIAL AND ECONOMIC FACTORS AFFECTING THE ENTREPRENEURIAL INTENTION OF UNIVERSITY STUDENTS
Jaroslav Belas, Beata Gavurova, Jaroslav Schonfeld, Katarina Zvarikova, Tomas Kacerauskas

ABSTRACT. The aim of this research is to investigate and quantify the relationship of social and economic factors of students' inclination towards entrepreneurship. The most positive answers with the consent of the respondents belong to the presence of an entrepreneur in the family, preparation of high-quality conditions for establishment of business, improvement of business environment in a country in the last five years, appropriateness of the credit conditions of commercial banks in a country, high-quality educational structure of the alma mater university, possession of abilities to do business, presence of an irregular income as the most important disadvantage of doing business, and finally, interest in business in general. On the other hand, the most negative answers with dissension of the respondents belong to the high-quality of the state of legal conditions for doing business, convenience and the appropriateness of business environment to establish business, risk-resistance of business environment enabling to start business, high-quality state of university education, possibility of career growth and interesting job opportunities due to doing business, lack of time of the businessperson for the family, and finally, creation of a new business in case nothing expected happens .

KEYWORDS:  social and economic factors, business inclination, entrepreneurship, improvement of business environment, university studies, potential entrepreneurs, creativity.

JEL classification:  I21, I23, L26.