A study on effect of entrepreneurship on entrepreneurial intention: Focusing on ICT majors. Issue 2 (7th August 2017)

• Record Type: Journal Article
• Authors: Park, Cheolwoo
• Is Part Of: Asia Pacific journal of innovation and entrepreneurship. Volume 11:Issue 2(2017)
• Page Start: 159
• Page End: 170
• Publication Date: 2017-08-07
• Subjects: Leadership -- Entrepreneurship -- Entrepreneurial intention -- Network; Entrepreneurship -- Periodicals; Business incubators -- Periodicals; Business enterprises -- Periodicals; Knowledge management -- Periodicals; Organizational change -- Periodicals; 338.04
• DOI: 10.1108/APJIE-08-2017-024
• Languages: English
• ISSNs: 2071-1395

Abstract

Abstract : Purpose: The purpose of this study is to show effect of entrepreneurship on entrepreneurial intention. Currently, the long-term global economic crisis is accelerating, and the concerns for future uncertainties are spreading throughout our society. The ICT majors in Busan region are no exception so that business start-up is being considered as a new alternative to survive and grow in such uncertain environments at home or abroad. That is, business start-ups and entrepreneurship are being emphasized as a strategy that individuals can change not only one's own life but also the fate of a region and even the destiny of a country. Design/methodology/approach: For this reason, the youth start-ups based on social networks and leadership have become the focus of our social concern along with the entrepreneurship that can actively cope with the ever-changing global environments. Thus, some of the major factors (i.e. innovation, enterprise and risk-taking) which should be considered when promoting the entrepreneurial intention of the ICT majors in Busan region have been researched, as well as the concept of entrepreneurship itself. Findings: This demonstrates that young people will be able to successfully lead their start-up companies through their enterprising spirit, networks and leadership and learning with firm determination. Therefore, it is important to make such a network and leadership-based entrepreneurship become foundational in overcoming the long-term Korean economic depression; surviving in such an opaque situation; leading the growth and development of Busan region; and becoming the driving force for national growth, by developing the unique characteristics and strength of the students. Originality/value: In this regard, this study will be useful for understanding the entrepreneurship of the ICT majors in Busan region more while contributing to the invigoration of a creative economy by studying the factors essential for the entrepreneurship and development of networks and leadership.