Students’ Attitudes Towards Entrepreneurship in the Technnological Educational Institute (T.E.I.) of Serres

 

 

Nikolaos Karanassios MBA

As. Professor of TEI Serres,

Born in Em. Papas, Serres,

Faculty of Economic and Business,

Department of Business Administration,

C.E.O. of the Serres EC Business and innovation Center,

Phone +30/232120/49229, Fax +30/23210/45716

E-mail: nk@teiser.gr

 

 

Christos G. Bogas MSc.

Lecturer of Finance in TEI Serres,

Born in Serres 1969,

Faculty of Economic and Business,

Department of Business Administration,

C.E.O. of Diavlos Finance A.E.L.D.E.

Phone +30/23210/98230, Fax +30/23210/27742

E-Mail: gbogas@ser.forthnet.gr

 

Abstract

The focus of this paper is to explore the attitudes of students in the mid and last semesters of their studies, towards entrepreneurship. The study sample was comprised of 120 students of both sexes that study in different fields, in the Technological Educational Institute (T.E.I.) of Serres. The questionnaire was prepared and distributed by the same team of professors that were responsible of the statistical analysis of the findings. It included not only questions concerning the tendencies of the students towards entrepreneurship, but also critical information about their social background and attitudes towards consumerism and different aspects of living. It also touched on the valuation of motives considered by the students in order to make their choices concerning employment and entrepreneurship. The findings of the survey were analyzed and the appropriate statistical results were extracted. These results cover the attitudes of the students and their causes behind them. The team preparing the study feels confident that the results will be of help to anybody trying to alleviate the problems the students are faced with concerning entrepreneurship and offer a guide as to what steps can be taken to achieve the results demanded.    

  

THE SAMPLE TAKEN FOR THE SURVEY

The sample used was comprised of hundred and ten (110) students attending all the Departments (Business Administration, Accounting, Mechanical Engineering, Civil Engineering, Informatics and Communications, Geoinformatics and Surveying) in the Technological Educational Institute of Serres (T.E.I. of Serres). All the participants have finished the first year of their studies, as it can be seen in the Graph 1, because, we felt that first year students still lack the experience to formulate informed opinions and attitudes towards entrepreneurship. The participants are almost equally divided based on their gender, although no special effort was made for that, since they were selected randomly. In the sample forty seven per cent (47%) are male and fifty three per cent (53%) are female. (Graph 2) Of the male participants only six per cent (6%) have completed their mandatory army service, as presented in Graph 3.

The participating students’ place of origin is presented in Table 1, where it can easily be observed that their vast majority comes from Northern Greece (Macedonia and Thrace) and the largest percentage for a single place of origin comes from the Prefecture of Thessaloniki, with thirty six percent (36%) of the total, followed by the Prefecture of Serres with twenty three percent (23%).  It should be noted that most of the prefectures of Northern Greece are included as places of origin of the participating students. It is also interesting that only twenty three percent (23%) of the participants are attending the department of studies that was their first choice. It can safely be assumed that the remaining seventy seven percent (77%) had included their current departments of study in their choices only as a “safety net”, in case they were not admitted to their first choice. (Graph 4) This result may account for the fact that a large number of graduates do not obtain working positions relevant to their field of studies.

The vast majority of the participants come from urban areas. In fact, given the still low mobility of the population within the country and the answers given to the questions “where does you family lives” (presented in Graph 5) and the percentage of house and apartment ownership of the participants families (presented in Graph 6), indicating permanency of living in the specific area – city, we conclude that almost seventy five percent (75%) come from an urban area (city with more or with less fifty thousand inhabitants) and only twenty five percent (25%) come from rural areas (villages or towns with more or with less than thousand inhabitants). It is widely accepted that young people in urban areas receive more stimuli concerning entrepreneurship and have more opportunities to observe and experience business activity than those in rural areas.

The majority of the participating students, with a percentage of fifty nine percent (59%), come from four members families that is considered the average in the country. Also, a fair percentage of twenty-one percent (21%) of the participants come from slightly larger families of five members; that may include a grandparent. Only four and a half percent (4,5%) of the students come from six and seven members’ families, while approximately seven percent (7%) have not filled accurately this part of the questionnaire. (Graph 7) Only twenty-five percent (25%) of the participating students were working at the time of the survey  (Graph 8) and out of them only thirty seven percent (37%) were working on positions relevant to their field of study. (Graph 9) This finding can be attributed to the fact that not enough working positions are available to the selected fields of study in the area, as well as the fact that the students are pressured to work part-time, with flexible hours that allow them to attend their courses and not to interrupt their studies. 

Only one percent (1%) of the sample has participated in the SOCRATES educational program (Graph 10), two percent (2%) have participated in any of the Institute’s Research Program (Graph 11), although a majority of fifty-two percent (52%) would be willing to participate. (Graph12) Finally, forty-five percent (45%) would be willing to spend a semester of their studies abroad (Graph 13).

 

FINDINGS CONCERNING ENTREPRENEURSHIP

A series of questions were included in the survey in order to determine what the attitude of the participating students is towards entrepreneurship. We recognized key factors that may influence the students towards a favorable attitude and based our findings on them.

            The first relevant key factor was whether the participants were already informed about entrepreneurship in a personal way rather than just reading about it or receiving information through their studies or other sources. In order to decide that we asked the participants whether a close relative of theirs (including their parents) currently has any business activity. The results, presented in Graph 14, indicate that forty-four percent (44%) have a relative that is in business. This is consistent with the findings concerning the participants’ parents’ occupations that will be presented in the next paragraph. As for the type of business activity exercised, the majority is focused on commerce and services with a sixty six percent (66%), followed by small-scale manufacturing at nineteen percent (19%) and industry with the remaining percentage of fifteen percent (15%). (Graph 15) The fairly large percentage of participants that have a close relative in business reveals that they are able to examine from the inside the opportunities and the problems presented and make up their own minds whether they would like to create a business or not in the future.

            Continuing on the previous point made, it would be helpful to examine the participants’ parents’ occupations. The largest single percentage for the fathers is in the self-employed category – including all businessmen and most professionals - at thirty eight percent (38%) of the total. The second largest category is fathers that are employed in private companies at twenty percent (20%) and is followed closely by the civil servant category at nineteen percent (19%). (Graph 16) For the mothers we have a very different picture, because a staggering forty five percent (45%) is not employed and is staying at home. From the remaining, eighteen percent (18%) are employed in private companies, fifteen percent (15%) are civil servants and only twelve percent (12%) are self-employed. (Graph 17) As already mentioned we believe that the relatives’ and parents’ professions are relevant, because they influence to a large degree their attitudes towards entrepreneurship and they, in turn, influence their children accordingly. Furthermore, the close “insider’s look” in they way things work in the business world is a valuable experience in itself.

            The next series of questions constitutes a more direct approach to the participating students’ attitudes towards entrepreneurship. When asked them in what type of organization they would prefer to work during their semester of practice, thirty-nine percent (39%) declared a public service is their first choice, as opposed to twenty three percent (23%) that would prefer a manufacturing enterprise and twenty seven percent (27%) a professional’s office. (Graph 18) The strong tendency towards the public sector (state) employment is more remarkable combined with the results of the next question that considers the motives behind the choices made. It turns out that the strongest motive of the students to have their semester of practice selections is the opportunity to be hired in the same sector after their graduation (thirty five percent – 35%). Therefore, it can be concluded that the previously mentioned thirty-nine percent that would like to work in the public sector during their semester of practice would also like to be hired there after their graduation. Other motives that are important to the students are “the opportunity to improve their skills” with twenty six percent (26%) of the total, “a guaranteed monthly salary” with twenty percent (20%), that reveals the insecurity the students feel about their future careers and further supports the preference towards working in the public sector, and finally “the opportunity to adjust to a competitive environment” with thirteen percent (13%) of the total as the first choice. (Graph 19)

            Family expectations are an important factor that may influence the opinions and attitudes of the students towards entrepreneurship. As it can be seen in Graph 20, thirty nine percent (39%) of the families of the participating students would like to see them having a career as civil servants. Another seventeen percent (17%) of the participants’ families would like to see them working as executives in private enterprises, while thirteen percent (13%) would prefer them to have an industrialist’s career, with the careers of merchants and small-scale manufacturer being in the last places of preference with two percent (2%) and one percent (1%) respectively. It is obvious that the priority is placed on “dependent” working positions, with a total percentage of fifty-six percent (56%) versus entrepreneurial activity that in all its forms accumulates a lower forty-four percent (44%). It can be assumed that the participants’ families would like to see them obtaining salaried positions, i.e. having a guaranteed monthly income, rather than trying to succeed in the business world.

            The participating students’ aspirations are remarkably similar to their parents’. When asked what would be their first choice of working activities, thirty nine percent (39%) of them rated “civil servant” as their first choice, twenty percent (20%) preferred to become self-employed professionals, eighteen percent (18%) would like to become executives for a private enterprise, eleven percent (11%) would like to become industrialists, five percent (5%) would prefer to be employed in an organization (it was not specified whether the organization would be public, closely connected to the state, or not), five percent (5%) would like to work as merchants and only two percent (2%) would prefer the career of a small-scale manufacturer. (Graph 22) As in the previous case “dependent” working positions are the first choice of the students with sixty-two percent (62%). The results are consistent with those of the previous questions. Specific mention should be made to the fact that thirty nine percent (39%) – the preference to be civil servants - is the percentage that appears steadily in the preferences in the last three questions that are connected to each other. This marks a strong tendency towards the public sector that cannot be ignored. We believe that the main factor influencing the participating students to make this choice is the job and income stability the public sector offers as opposed to the instability and insecurity in entrepreneurship.  This belief of ours is in accordance with the results when the participants were asked about their life ambition where forty five percent (45%) answered that their primary ambition in life is to become independent, followed by the answer “to create a happy family” at twenty two percent (22%) and “to become important” at twelve percent (12%). Independence is natural demand considering the age group of the participants and it can only be achieved through having a steady income (salary) that the public sector guarantees. The last preferences cannot be dismissed because they are statistically very close to the third one. “To Become rich” was the first choice of only eleven percent (11%), while ten percent (10%) chose “to fulfill their parents’ expectations”. (Graph 22)

            Finally, the last segment of the questionnaire was relevant to the desire or not of the participating students to approach entrepreneurship as a knowledge component that may prove useful for their future. The first questions aimed for us to understand the degree of understanding of entrepreneurship by the participants. The answers to the question: “To what degree do you understand entrepreneurship as: The various             “ resulted as expected. The students have an idea of what entrepreneurship is but the information they have received is not completely clear in their minds and there appears to be some vagueness. Only three percent (3%) do not understand the phrase at all, as opposed to eleven percent (11%) that declare they understand it perfectly. Thirty nine percent (39%) understand it “Very Much”, thirty three percent (33%) understand it “So and So” and fourteen percent (14%) understand it “ A Little”. (Graph 23) However, the vast majority (eighty nine percent – 89%) would like to obtain some basic knowledge and to have the appropriate guidance during their studies in order to create their own enterprise after graduating. (Graph 24) This proves that the choices made are more a matter of practicality and necessity than a negative attitude towards entrepreneurship. Furthermore, most of the participants would be willing to take additional optional courses, in the frame of their studies and provided that it would not influence the attendance of their other courses. In fact, an impressive eighty five percent (85%) has answered affirmatively, although it would be more study work for them. (Graph 25) This proves that the participants are willing to put in the effort to improve their knowledge and understanding of entrepreneurship and probably improve their chances of applying them if they are given the opportunity.

 

 

TABLE 1

ΝΟΜΟΣ

PREFECTURE

PERCENTAGE

ΑΙΤΩΛΟΑΚΑΡΝΑΝΙΑ

AITOLOAKARNANIA

1,82%

ΑΤΤΙΚΗ

ATTIKI

4,54%

ΒΟΙΩΤΙΑ

VOIOTIA

1,82%

ΓΡΕΒΕΝΑ

GREVENA

0,91%

ΔΡΑΜΑ

DRAMA

0,91%

ΕΒΡΟΣ

EVROS

4,54%

ΕΥΡΥΤΑΝΙΑ

EURITANIA

0,91%

ΗΜΑΘΙΑ

IMATHIA

0,91%

ΘΕΣΣΑΛΟΝΙΚΗ

THESSALONIKI

36,36%

ΚΕΡΚΥΡΑ

KERKIRA

1,82%

ΚΙΛΚΙΣ

KILKIS

3,63%

ΚΟΖΑΝΗ

KOZANI

2,73%

ΚΥΠΡΟΣ

CYPRUS

1,82%

ΛΑΡΙΣΑ

LARISA

0,91%

ΛΑΣΙΘΙ

LASITHI

0,91%

ΜΑΓΝΗΣΙΑ

MAGNESIA

0,91%

ΜΕΣΣΗΝΙΑ

MESINIA

0,91%

ΞΑΝΘΗ

KSANTHI

0,91%

ΠΕΛΛΑ

PELLA

0,91%

ΠΙΕΡΙΑ

PIERIA

1,82%

ΣΕΡΡΕΣ

SERRES

22,73%

ΤΡΙΚΑΛΑ

TRIKALA

0,91%

ΦΛΩΡΙΝΑ

FLORINA

3,63%

ΧΑΛΚΙΔΙΚΗ

HALKIDIKI

1,82%

ΧΑΝΙΑ

CHANIA

0,91%

 

GRAPH 1

 

GRAPH 2

 

GRAPH 3

 

GRAPH 4

 

GRAPH 5

 

GRAPH 6

 

 

GRAPH 7

 

 

GRAPH 8

 

GRAPH 9

 

GRAPH 10

 

GRAPH 11

 

 

GRAPH 12

 

GRAPH 13

 

 

GRAPH 14

 

GRAPH 15

 

GRAPH 16

 

GRAPH 17

 

GRAPH 18

 

GRAPH 19

 

GRAPH 20

 

GRAPH 21

 

GRAPH 22

 

GRAPH 23

 

GRAPH 24

 

GRAPH 25

 

 

CONCLUSIONS

It is not a surprise that the survey has shown a relevant willingness of the students to turn into entrepreneurship, while they seek more skills from their public education in business matters. All of the initial hypotheses have been verified by the survey, justifying so the inclusion of business studies in all of the curricula of the Technological Education Institutes.

Previous efforts to establish work teams with an ambition to evolve as small knowledge and technology oriented companies did not work properly. The survey has shown some reasons that have to be tested in the future application of the business training project and the guidance of students in their business inspirations.

The survey was intentionally limited to the studies environment, as a bottoms-up approach, setting aside the overall economic environment. While not clearly evident by the survey, there seems to be a direct dependence between the decision to start business and involvement in Higher Education Research projects.

In the horizons to discover there is a suspicion of light, illuminating entrepreneurship of the members of academia, as both a relatively desired and historically necessary, which has to be considered and inspirational to all parties involved.

 

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