Factors Affecting Entrepreneurial Attitude፡ Experience from Graduating Students of Addis Ababa Science and Technology University

Abstract

Studies and literature reveal that students’ attitude to create their own business is influenced by different endogenous and exogenous factors. The study aimed at analyzing factors affecting students’ entrepreneurial attitude. The factors considered in this study are family background, role model and entrepreneurial government support programs. Explanatory design was employed to check the magnitude of cause and effect relationship. 328 questionnaires were distributed sampled respondents and intensive interview was conducted with key informants. Key results of the study imply that the explanatory factors identified above positively and significantly affect the dependent variable. The family background, government entrepreneurial support programs and role model combined and explained 79.7% of the variation in entrepreneurial attitude of the students. Thus, if the government and/or the university can devise strategy upon these variables, there is a promising possibility that the attitude of the students for creating their own job.

Socio-economic factors affecting women’s entrepreneurial performance in MSEs in Bahir Dar City, Ethiopia

“…This implies that parents' economy influences household heads directly or indirectly to generate their income. According to the findings of Abebe (2014), demographic variables are significantly associated with the performance and success of women entrepreneurs in small and micro enterprises. Thus, the discussion leads to the following hypothesis:…”

“…Similarly, some societies have an inherent dislike for any money-making activity (Animaw, 2019). Furthermore, Abebe (2014) demonstrates that social factor has a significant and positive influence on women's entrepreneurial performance in MSEs. Evidence in the context of developing countries indicates that socio-cultural hindrances proved to be the main obstacle to women's entrepreneurial performance in small businesses (Amine & Staub, 2009).…”

“…In Ethiopia, women entrepreneurs own around 49% of micro and small enterprises, and creating 50% of all new jobs nationwide. However, despite the growing number of women entrepreneurs in Ethiopia and their contribution to the economy and reduction of societal problems, they still own and manage fewer small businesses than men (Abebe, 2014;CSA, 2004). This could be due to the fact that Ethiopia's culture is primarily male dominating, namely patriarchal and hinders the potential of women.…”

“…A survey report conducted by the Ethiopian Ministry of Finance and Economic Development (2002) shows that women entrepreneurs in Ethiopia are not provided with adequate policy related support and strategic assistance from the national government. Despite the argument that small businesses in Africa owned by women are crucial in generating employment and contributing to economic growth, the literature clearly shows that critical factors such as individual, social, cultural, economic, legal and administrative factors are found to be critical constraints that determine the performance of women in MSEs (Abebe, 2014;Alene, 2020;Beriso, 2021).…”

“…Alene (2020), Abebe (2014), and Khan et al (2021) demonstrated that women entrepreneurs who own small businesses would grow and boom, but the speed of business breakdown continues to rise because of the internal and external shortcomings influencing business performance are demographic variables, education and training, socio-economic factors, cultural influences, regulatory and leadership challenges. Others include inadequate financial resources, poor management experience, poor laws and regulations, poor Ayinaddis Journal of Innovation and Entrepreneurship (2023) 12:23 economic situation, and critical factors such as lack of infrastructure, insufficient access to loans, and little demand for products and services in the market (Animaw, 2019).…”