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1 Kozgazdasagi Szemle (Economic Review)

1 2007

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The effect of higher-education environment on choice of entrepreneurial career. An international comparative analysis in 2006

100%

Szerb L. , Markus G.

nr 3

248-273

Present-day international research shows that future economic growth and job creation depend on the 'gazelles' - a small proportion of newly founded firms. One feature of the entrepreneurs who start and run these gazelles is that they have higher educational qualifications. Many other newly started firms, possibly with smaller growth potential, are also in graduate ownership. This is one important reason to know what proportion of university and college students intend to start a business after graduating. The study is based on data on entrepreneurial ambitions among 3346 students in eight Hungarian universities, taken from the 'Collegiate Entrepreneurship 2006' international survey of over 37,000 students in 14 countries. The survey shows that Hungarian students score within the international average, but below average if quality criteria are taken into account. However, the survey showed that attending entrepreneurial courses had a positive effect on entrepreneurial career choice, although further investigations are needed to prove the causal connection conclusively and gauge the strength of the connection. The study also makes economic recommendations for education policy. The entrepreurial careers of graduates would be assisted by making entrepreneurial courses compulsory in higher economic education and adult training, in line with world tendencies and the ideas of students themselves.