Attitude of College Students towards Entrepreneurship: A Case Study of Addis Ababa University and Rift Valley University College
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Date
2007-08
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Addis Ababa University
Abstract
Entrepreneurship is the symbol of business strength and growth. Entrepreneurs are the
founders of today’s business success. Development is more than ever linked to
entrepreneurship. Entrepreneurs are characterized by their high need for achievement,
willingness to assume moderate risks, self-confidence, innovation, total commitment, all
roundedness, self determination and desire for independence.
This research paper is, hence, aimed at identifying the attitude of college students
towards entrepreneurship or business ownership, the specific constraints that impede
young people to start business, and incentives for starting a business as a viable
alternative for the youth among others.
The findings show that motivators to starting up a business by the young people among
others are independence, desire to change hobby into business, improving the society’s
life, and helping to create employment. On the other hand, access to finance for start up,
lack of appropriate education, training, business counseling and low level of
understanding towards entrepreneurship are considered as some of the important factors
that act as barriers to start a business by the young people. Finally, promoting an entrepreneurial culture among the society and the young people in
particular through various ways like training and education, giving better media coverage
concerning entrepreneurship, use of successful role models that are well known among
the young people, conducting competitions relating to business ideas, and improving
access to finance are some of the recommendations made.
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College Students towards Entrepreneurship