Influence of Educational Factors on the Entrepreneurial Potential of Students as a Prerequisite for Economic Development

Mladen Subotic; Mia Maric; Branislav Dudic; Slavica Mitrovic Veljkovic; Djordje Celic; Aleksandra Peric

doi:10.31181/ijes1512026238

Authors

Mladen Subotic University of Novi Sad, Faculty of Education in Sombor, Sombor, Serbia Author https://orcid.org/0000-0002-3110-2224
Mia Maric University of Novi Sad, Faculty of Education in Sombor, Sombor, Serbia Author https://orcid.org/0000-0002-4132-2183
Branislav Dudic Comenius University Bratislava, Faculty of Management, Slovakia Author https://orcid.org/0000-0002-4647-6026
Slavica Mitrovic Veljkovic University of Novi Sad, Faculty of Technical Sciences, Serbia Author https://orcid.org/0000-0002-6463-3734
Djordje Celic University of Novi Sad, Faculty of Technical Sciences, Serbia Author https://orcid.org/0000-0003-2200-1357
Aleksandra Peric University of Novi Sad, Faculty of Technical Sciences, Serbia Author https://orcid.org/0000-0002-3854-1908

DOI:

https://doi.org/10.31181/ijes1512026238

Keywords:

Entrepreneurship, Education, Students, Faculties

Abstract

The primary objective of this study is to examine the influence of various educational factors on the entrepreneurial potential of university students as a prerequisite for the stability of business and economic systems, especially in EU candidate countries. Education is crucial for developing entrepreneurial skills and potential entrepreneurs who contribute to the development of national economies. The research sample comprised students from two non-EU countries and one EU member state. Data were collected from a total of 1,008 university students across these three countries. The instruments utilized in the study were the Questionnaire on Entrepreneurial Traits (QET) and the Scale of Entrepreneurial Potential (SEP). Different educational factors were analysed in this research: entrepreneurial education, different educational profiles, and the influence of faculties with a supportive environment toward entrepreneurship. Canonical discriminant analysis confirmed the significance and structure of differences among students who belong to faculties with different: a) orientations toward entrepreneurship, b) types of faculties, and c) experiences of previous entrepreneurial education compared with those who did not receive such education, considering their performance across the dimensions of the Entrepreneurial Traits Model (QET) and the Entrepreneurial Potential Model (SEP). Results from this research could shed light on the development of entrepreneurship and the importance of this phenomenon, which proves to be crucial for the regional economy.

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References

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