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THE ROLE OF
LOCUS OF CONTROL ON THE START-UP INTENTION OF HIGHER INSTITUTION STUDENTS
CHAPTER ONE
INTRODUCTION
THE
BACKGROUND OF THE STUDY
The
educational system is a key area where it is possible to intervene and present
entrepreneurship as a viable alternative to dependent employment. The support
for this view comes from a widely literature review of enterprise,
entrepreneurship and business creation. The idea is also present in the
European Union recommendations. (see Action plan to promote entrepreneurship
and competitiveness – Best action plan and green paper on entrepreneurship)
which refers to the promotion of entrepreneurship through the education system
from primary school to university as a main goal.
Recent
literature review evaluates or measure the impact of general education on
entrepreneurship and entrepreneurial activity suggests some possible
generalizations. Evidence suggesting a positive link between education and
entrepreneurship is robust. “it is becoming clear that entrepreneurship or
certain facet on it can be taught”. Most of the imperical studies indicate that
entrepreneurship can be taught, at least encouraged by entrepreneurship
education. In addition, the entrepreneurship role can be culturally and
experimentally acquired and therefore influenced by education and training.
Thus the present educational system should encourage the concept of an
enterprise culture.
Works
advance the idea that formal entrepreneurship education affects the attitudes
of students, influencing them in the direction of future career and affect
their propensity for entrepreneurship when they become adults. In this sense,
the pedagogical approach should encourage children to make decisions and accept
mistakes as part of their learning process, underline the importance to develop
a common framework to evaluate, compare and improve the design of educational
programs of entrepreneurship. It is important to create the right
entrepreneurship environment at the educational institution. Entrepreneurial
activities should be integrated into the programmes of the institution from an
early stage and need to be supported by school culture. Thus, in
entrepreneurship education literature, primary, secondary and tertiary schools
have received growing attention and enterprise education programmes in tertiary
schools were confirmed to be important for later entrepreneurial intentions. It
is believed that the ideal stage to acquire basic knowledge about
entrepreneurship and to foster a positive attitude towards entrepreneurship is
during childhood and adolescence years.
The
knowledge of student’s entrepreneurial characteristics that have more impact on
entrepreneurial intentions can be an important contribution for the development
of adequate educational programmes related with entrepreneurship and business
creation.
STATEMENT OF
PROBLEM
It is not an
over statement stating that no business start up can strive successfully with
out its own teething problems, an so this work enumerated some of the problems which are paramount to
start up intention among the students of higher institutions
What is the
entrepreneurial intention of students of higher institution?
What is the
effect of locus of control on the start up intention?
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