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The purpose of this study is to assess the student’s inclination towards entrepreneurial career of
woldia university faculty of business and economics. The study also identifies the general and
specific objective. To achieve this objective the researcher use different methodology elements
like (sources of data, sample size, sample technique).
In this study the researchers used both primary and secondary data collected from questionnaire.
The necessary primary data through close ended questionnaire from 84 graduated students
business and economics .secondary data were collected from different written and unwritten
materials and from internet book.in addition the researchers was used satrifaid sampling
technique that is good way of converting different group of population in to homogenous group.
The collected data was processed and organized in descriptive manner and organized using table
and percentage with relevant discussion.
Chapter one
1. Introduction
1.1 Background of the study
Entrepreneur play significance role for accelerating in socio economic development of the
country, economic development, diversification, growth and structural changes greatly depend
on entrepreneurial development. They regarded as country builder and wealthy, they under take
the business and open up employment opportunities for others, (David H, Bolt 2005).
The issue of leaving school and finding a job that fits ones back ground and aspiration is great
source of worry to many graduates. The reason is that the capacity of industries and private
sector in particular is very small, while the uncertainties about success in non-private sector
make if less attractive option, as a result this students try to going to business that is being self-
employed, but there are also factors at play (Rusof, Sand J 2007).
The issue of unemployment and particularly graduate unemployment and socio economic
problem contained to generate a lot of concern for government, policy matter, non-governmental
organization, parents as well as other sectors (Aryeete 2000).
Woldia university has provide different service for the society as creating work (provide job
opportunity) giving educational service and other related issues that are very important for the
society that involve in it but also outside it
Entrepreneurs are dynamic business people who perceive enterprising opportunities and convert
them in to viable business plan culminating ultimately in to business venture they entrepreneur,
there for, not only launches business but also contributes to object of employment creation,
output growth, technological up graduation, improvement in the quality of production, expert
promotion import substitution and supply of goods at reasonable price to customers, (David H,
Bolt 2005).
The number of business intention and operated in any country and any giving period has strong
relation with appositive entrepreneurial quality and business orientation of the people. The
reliance and over reliance of the citizen on government for work is not good trend to at least be
not encovering enough for the trend of growth describe for the country. The problem of expected
to employed by government or other private business by university student who are graduate is
difficult to understand. The trend of reliance on government work is mostly common in
developing country. One of the underlying assumption of the present study will that intention
models may are central to students decision regarding program of study are career path.
The study also used to for the organization like government, scientific society and community as
reference or guide line to understand their gaps and problems and to take corrective action to
their problem.
1.7.1delimitation
It is difficult to conduct this study in wide range because it consumes high cost and time, it also
difficult to get relatively accurate information regarding to the study. Duty this reason the
researchers limit the study only to assess the students inclination towards entrepreneur carrier in
woldia university faculty of business and economics graduate students.
The unwillingness of the respondents or graduate student in the faculty of business and
economics to return all questions.
Lack of experience in the conduct of research.
It is essentially consists in doing things that are not generally done in the ordinary course of
business routing entrepreneurship is the dynamic process of creating incremental wealthy. This
wealthy is created by individual who assume the major risk in terms of equity, time and carrier
commitment of providing part of some product may not be new or unique but value must
somehow securing and allocating the necessary skill and resource (H, Holt 2010).
According to different scholars, the term entrepreneurs bring resources together in unusual
combination to generate profit.
As the view of psychologist the vesper, it had found that entrepreneur in behavioral terms as
achievement oriented individual drivers to seek challenge and accomplishment.
Marxist philosophers also sow entrepreneurs as explosive advantageType equation here .e,
representative of all that is negative capitalism (DavidHolt2010).
2.2.2 Education
Fact most entrepreneurs are having at least college degree educations important in the
entrepreneurs upbringing. It has play a vital in helping the entrepreneur deal with daily changes
even through education is not a precondition to start up a business. It makes the entrepreneurs
life easier in establishing and running the venture.
2.2.3 Age
Most experience not only positively impact a person decision to start an entrepreneurial career
but also contributes significant to the persons struggle to lead the new venture to success,
commonly lack of challenge and promotional opportunities, frustration and boredom business. In
any case previous knowledge and experience are important to launch the new business.
Particularly exposure to the area of finance, product development and, manufacturing
development and distribution channel and marketing is advantages as business activities become
and entrepreneurial experience and skill increasingly important (D.arega 2005).
First of all, it creates new job opportunities. When on entrepreneur starts a business, she/ he need
so hire others to build is up the company. Besides that, entrepreneurship causes economy of
gross. In some country entrepreneurs provides wealth when starting anew business,
entrepreneurs tends to sell their product for a low price first. (Morgaine geriach, 2014)
1.1 They use potential technical knowledge for continuous technological progress.
They use the following two important things to achieve economic rewards. The existence of
technological knowledge in order to produce new products. The power of dispersal over the
factors of production in the form of credits (Assefa 2003).
Entrepreneurs began with the analysis of opportunities and successful innovation should aim at
leadership. This quality is one of the most critical attributes of entrepreneurship development and
economic development are interlinked. (W.B Assefa 2003).
Their innovation where in the filled of technology. Technological innovations and creativity
played the important role in encourage entrepreneurship and economic development.
Innovations give rise to innovate talents which initiate and improve the economic growth in
improvement in per capital income, increase in capital formulation, generation of employment
opportunities, balanced growth and improvement in standard of living economic independence,
creating back reward and forward linkage technological advancement, establishment of new
form of organization, entrepreneurial competencies development (Assefa, 2003).
Entrepreneurs play a vital role of in bringing about social stability and balanced as a valuable
human resource (2003).
They lead to equitable distribution of income in both rural and urban are and wealthy in society.
This gives rise to reduction in social instability between rural and urban sector (Assefa, 2003).
2.7contribution of entrepreneurship
Entrepreneurship and entrepreneurs are destined to contribute significant contribution to the
countries development process such as entrepreneurship is powerful within the country
entrepreneurship helps improving the social welfare by harnessing dormant and neglected talent
entrepreneurship is powerful tool of job creation by virtue of its labors intensiveness
entrepreneurs. Create competitiveness and lead to consumer oriented market long term
involvement with the goal and calculated risk entrepreneurs create the need to present with the
enterprise event in the face of diversity (Earle Mayer, 1994).
The first challenges of entrepreneurs has to solve is to determine, if the conceived business idea
is an exploitable business opportunity. This task normally requires the preparation of a project
report by methodologically gathering and analyzing relevant data on the business related to raw
material technology marketability of product profitability of the business and location of plant
(Holl, 2005).
According to Ajzen and Fishbein (2000) an attitude refers to individual general filling of
favorableness or favorableness towards various stimulus object. Ajzen 1991 referred attitude
towards the behavior as the extent to which a person has positive or negative valuation towards
the behavior. According to Li 2007 defined it as the individuals’ attractiveness towards being
self-employed.
Chapter three
3. RESEARCH METHODOLOGY
3.1 RESERARCH DESIGN
The of research is focused on descriptive research design. Because it was intended only and
describe the existing situation regarding on students inclination towards entrepreneurial career in
case of Woldia University Faculty of Business and Economics of Graduate student.
N
n= yamane, 1967
1+ N ( e ) 2
We also used the ymmane formula to determine sample size from total population.
Where: -
543
n= =84 N=total population
1+ 543 ( 0.1 )
After calculation of sample size, the researches will take sample from each group by using the
following formula.
sxtci
Sic= where
N
Management=84*237/543=36
Economics=84*117/543=18
Management 237 37
Economics 117 18
Table 4.2 show that the proportion of male is greater than female respondent. This data shows
that the male respondent are large in number based on educational department, 37(44) % of
respondents were management, 18(21.5%) of respondent are economics respectively.
Agree 39 46%
Strongly agree 28 33%
Total 84 100%
Source, own survey; 2017
The above table shown that from the total number of respondents 39(46%) and 28(33%) were
responding on strongly agree and agree on entrepreneur as career is attractive for them .On the
other hands 4(5%) and 5(6%) respondents responded on disagree and strongly disagree On the
other hand 8(10%) and of respondent were not decided on entrepreneur was attractive. This
figure indicates that the majority of 24(29%) respondent were answered entrepreneur as career is
attractive.
Table 4.3 if we will have the opportunities and recourse we would like to start our own business
Question Level of agreement Number of Percentage
respondent
If we will the Strongly disagree 3 3.5%
opportunities and
recourses we would
like to start a firm
Disagree 8 9.52%
Neutral 15 17.85%
Agree 34 40.47%
Strongly agree 24 28.57%
Total 84 100%
Source, own survey; 2017
In the above table shown that from the total number of respondents 34(40.47%) and
24(28,5% )of were responding on agree and strongly agree on to start own venture on the other
hand, 3(3.5%)and 8(9.52%) respondent responded strongly disagree on starting of their own
business if they have opportunity and resource. But 15(17.85%) of respondent were not decided
to start new business. This implies that majority 34(40.47%) respondent were responded if they
have opportunity and resource they start own business.
In the above figure 4.4, indicated that the majority of respondent 33(39%) and 30(36%) were
strongly agree and agree about an entrepreneur would entail greater satisfaction for them. On the
other hands, 4(5%) and 7(8%) respondent answered entrepreneur not grant for satisfaction for
them and other 10(12%) were not decide being an entrepreneur would entail greater satisfaction
for them. This show that the majority 33(39%) of respondent were responded being on
entrepreneur would entail greater satisfaction for them.
Table 4.5 we believe that if we were starting our business we will certain to be successful.
Question Level of agreement Number of Percentage (%)
respondent
We believe that if we
were to start our
business we will
certain to be
successful
Strongly disagree 4 5%
Disagree 6 7%
Neutral 16 19%
Agree 31 37%
Strongly agree 27 32%
Total 84 100%
Source, survey; 2017
In the table figure shown 4.5 that the largest part of respondent 31(37%) and 27(32%) were
responded that they believe certainly successful if they start their own business, on the other
hand 4(5%) and 6(7%) of respondent were strongly disagree and disagree regarding of
successfulness. But 16(19%) not decided starting business led to success. This implies that
majority 31(37%) of respondent were agree about they start venture they would certainly
success.
Table 4.6 in our university, students are actively encourage to pursue their own idea
Question Level of agreement Number of Percentage (%)
respondent
In our university,
students are actively
encourage to pursue
their own idea
Strongly disagree 16 19%
Disagree 26 31%
Neutral 19 23%
Agree 15 18%
Strongly agree 8 9.5%
Total 84 100%
According to table 4.6 shown above from total number of respondent 15(18%) and 26(31%) of
respondent answered strongly disagree and disagree about their university encouraging of
student to pursue their own idea. On the other hand, 15(18%) and (31%) of respondent
responded agree in their university student were actively encourage to pursue their idea. But
19(23%) not decided that their university student are actively encourage to pursue their own idea
or not. These shown that majority 26(31%) respondent were responded their university was not
encourage the student to pursue their own idea.
As indicates in the table 4.7 from the total number of respondent 11(13%) and 24(29%) were
responded agree and strongly agree establishing of new firm is easy for them. On the other hand
8(10%) and 11(13%) of respondent responded on strongly disagree and disagree on easiness of
starting new business but 18(21%) respondent were not decided on difficulty of starting new
business is easy. respondent were not know how to develop on entrepreneurial project.
Table 4.8 if we try to start affirm we would have high probability of succeeding
Question Level of Number of respondent Percentage (%)
agreement
If we try to start affirm,
we would have a high
probability of succeed of
succeeding
Strongly disagree 9 11%
Disagree 11 13%
Neutral 10 12%
Agree 40 48%
Strongly agree 14 17%
Total 84 100%
Source, survey; 2017
A according to table 4.9, presented above the greater number of respondent 40(48%) and
14(17%) were agree and strongly agree about establishing new venture have high probability of
succeeding, on the other hand 9(11%) and 11(13%) respondent were strongly disagree and
disagree success on establishing new business but 10(12%) respondent responded they are not
decided on the probable success of newly established business. This indicates that majority of
respondent 40(48%) decided they can get profit from newly established business.
Total 84 100%
Sources, survey; 2017
the above table shown 4.10 from the total respondent 31(37%) and 29(35%) of respondent
responded strongly agree and agree on self-employed, on the other hand 5(6%) and 9(11%) were
responded strongly disagree and disagree about self-employed after their study, but 10(12%)
were not decide to be self-employed after their study this show that majority of 31(37%) of
respondent were believe to be an entrepreneur after their study.
As the above table shown that the total number of respondent 47(56%) and 21(25%) were
responded on strongly agree and agree about benefit of entrepreneur to entrepreneurship on the
other hand 6(7%) and 3(3.6%) of respondent were strongly disagree and disagree about
important of entrepreneurship subject. But 7(8%) of respondent not decided about benefit of
entrepreneurship subject. The figure show that the majority 47(56%) were responded
entrepreneur subject is very important.
Table 4, 11 we have confidence of our skill and abilities to start a business
Question Level of agreement Number of Percentage (%)
respondents
We have a
confidence of our
skill and abilities to
start a business
Strongly disagree 13 15%
Disagree 28 33%
Neutral 23 27
Agree 12 14%
Strongly agree 8 9.5%
Total 84 100%
Source, survey; 2017;
The above table shown that from the total number of respondent 28(33%) and 13(15%) are
responding on disagree and strongly disagree about skill and ability of entrepreneur, on the other
hands 12(14%) and 8(9.5%) respondents responded on agree and strongly agree to about skill
and ability entrepreneur. this show that the majority of 28(33%) of respondent responded that the
entrepreneur need different skill and ability so they cannot full fill the skill and abilities.
According to the above table 4.14 28(33%) of respondent responded agree, 13(15%) respondents
answered strongly agree towards the question, we have mental maturity to be an entrepreneur,23
(27%),12(14%), and 8(9.5%) of respondent neutral ,disagree and strongly disagree respectively.
This shows that majority of respondent said agree.
Strongly disagree 4 5%
Disagree 14 16.7%
Neutral 13 15.5%
Agree 27 29.8%
Total 84 100%
The above table shown that from the total number of respondent 26(31%) and 27(29.8%) are
responding on strongly agree and agree to be entrepreneur in sated employee of the other
company. But 13(15.5%) respondent were not decide about instead of employee of the other
company .this shows that majority of 26(31%) respondent were responded to be an entrepreneur
rather than employee of the other company.
Disagree 11 13%
Neutral 12 14.3%
Agree 26 31.5%
Total 84 100%
The above table that the total number of respondent 28(33%) and 26(31%)are responding on
strongly agree and agree to be an entrepreneur on the other hand 8(9.5%)and 11(13%)
respondents responded on strongly disagree and disagree on entrepreneur as professional goal
but 12(14.3%) respondent were not decided to be an entrepreneur as professional
Strongly disagree 6 7%
Disagree 6 7%
Neutral 18 21.4%
Agree 23 27%
Total 84 100%
The above table shown that the total number of respondent 31(36.9%) and 23(27%) are
responding on agree and strongly agree to establish business in the future on other hand 6(7%)
and 6(7%) of respondents responded on strongly disagree and disagree on to create in business,
but 18(21.4%) respondent were decide to create a firm. This shows that the majority of 31(36%)
respondent were responded agree establish business in the future,
Tables 4.16 we have very serious throughout in starting our own firm.
Disagree 6 7.14%
Neutral 18 21%
Agree 33 39%
Total 84 100%
Source, survey; 2017
The above table that the total number of respondent of 33(39%)and 19(22.6%)of responding on
agree and strongly agree serious to thought in starting their own firm, on the other hand
8(9.5%)and 6(7.14%) respondent responded on strongly disagree and disagree serious start own
firm. But 18(21% ) were not decided to start own business .this shows that majority of
33(36.9%)respondent were responded there in starting their own firm.
Disagree 16 19%
Neutral 18 21%
Agree 28 33%
Total 84 100%
The above table shown that the total number of respondents 28(33%) and 10(11%) are
responding on agree and strongly agree about keeping firms was easy for them. On the other
hands 16(19%) and 12(14.2%) respondents responded on disagree and strongly disagree about
keeping firm was easy for them. But 18(21%) respondent were not decided to keep firm easy.
This shows that majority of 28(33%) respondent were responded there to keep firm easy for
them.
Table 4.18we will start our own business if we detect an opportunity
Question Choose Number of Persentage(%)
respondent
We will start our own
business if we detect
an opportunity
Strongly disagree 5 6%
Disagree 16 19%
Neutral 12 14%
Agree 33 39.3%
Strongly agree 18 21.4%
Total 84 100%
Source, survey; 2017
The above table shown that the total number of respondent 33(39.3%) and 18(21.4%) are
responding on agree and strongly agree there start own business if they detect on opportunity. On
other hand 16(19%) and 5(6%) respondents responded on disagree and strongly disagree on start
own business if they detect on opportunity. But 12(14%) respondent were not decided to be start
own business if they detect an opportunity. This shows that majority of 33(39.3%) respondent
were responded they were start their own venture if they detect a good opportunity.
Chapter five
5. Summary, conclusion and recommendation
In this chapter the researcher tried to summarize and draw the conclusion about the out came of
the study, and gives some recommendation, which could be important for the organization.
The most important summary and conclusion of the study were as follows
Item 1 of table 1 show that out of the total respondents 44 (22%) respondents were males,
so the researcher concluded that more than half of the respondent were males.
Item 2 of table 2 show that the majority of respondent 40 (47.6%) were laid in the age
group 20-25 there for the researchers were concluded that the majority of respondent
were 20-25.
Regarding the information show in item 2 table one the majority of respondents 39 (46%)
of respondent responded agree about the entrepreneur as career is attracting for me so,the
researcher concluded that the respondent were attracted by entrepreneur as career.
Item 2 of table 3 implies that the majority of respondent 33 (39%) of respondent said that
if we will have the opportunity and resources we would like to start our own business.
Therefore the researchers concluded that if there was conducive environment for work
the would started their own business.
Table 4.2 show that out of the total respondent 33 (39%) were responded that being on
entrepreneur would entail greater satisfaction for them. There for the researcher
conducted that a person who create the new firm gets the higher satisfaction level.
Figure 4.3 show that the majority of respondent 31 (37%) of respondents responded on
they believe that if they were started their business their certain to be successful. In this
the researchers conducted they believe the certain success if the start a new venture.
Table 4.4 shown that majority of the respondent 26 (31%) were responded disagree about
their own university students are actively participate encourage to pursue their own idea.
In this the researchers concluded that their university was not encourage students to
pursue their own idea.
Regarding the information shown in table above majority 23 (27%) and 24 (29%) were
responded strongly agree about the easiness of establishing new business. So, the
researchers concluded that establishing the new venture is not difficult
As the table shown in the above 4.6 the majority 19 (23%) and 34 (40%) of the
respondent were strongly disagree and dis agree about the knowledge and skill to develop
an entrepreneurial protected. There for the researchers concluded that most of respondent
were not know how to develop entrepreneurial project.
As figure indicated above 4.7 the majority of 40 (48%) and 14 (17%) of respondent were
responded agree and strongly agree about if they try to start a firm they would have high
probability of success. So, the researchers concluded that if they start the business they
can generate the profit
In the above table 4.8 show that the majority of 31 (37%) and 29 (35%) of respondent
responded strongly agree and agree about self-employed after finishing their study. So,
the researchers concluded that more half of the respondent have the interested to
become self-employed after finishing their study.
As the above figure 4.9 indicated that majority of 47(56%) and 21(25%) strongly agree
and agree about advantage of entrepreneur subject for the entrepreneurship. So, the
researchers concluded that entrepreneur subject is vital for establishing of
entrepreneurship.
As above figure 4.10 indicated the majority 31(36.9%) and 29(34%) of respondent
answered agree and strongly agree on the handing of on their skill and ability to start their
own business. So, the researchers concluded that most of the respondent have skill and
ability to start their own business.
In the table 4.11 shown above the majority 13(15%) and 28(33%) strongly disagree and
disagree about the mental maturity to became an entrepreneur. So, the researchers
conclude that most of the respondent lacks mental maturity to become an entrepreneur.
in the above figure 4.12 show that majority of 26(31%) and 25(29.8%) of respondent
said strongly agree and agree on being an entrepreneur rather than employee of the other
company.so. the researchers concluded that most of the respondent have interested to
establishing their own business.
In the above table 4.13 indicated that from the total respondent 28(33%) and 26(32%) of
the respondent were responded strongly agree and agree on their professional goal is to
be an entrepreneur. So, the researchers concluded that most of respondent have the
interest of becoming on entrepreneur.
In the above table 4.14 shown that majority 28(33%) and 26(31%) of respondent
responded strongly agree and agree about to create a business in the future. So, the
researchers concluded that most of the respondent have interest to create their firm in the
future.
In the above table 4,15 from the total respondent 33(39%) and 19(22.6%) of respondent
responded agree and strongly agree about serious thought in starting their own firm. So.
That the researchers concluded majority of respondent have serious thought recording in
starting of the f
5.3 recommendation
Entrepreneurs are wealthy creator of the nation the activity of associated entrepreneurship
and the venture of capital the action of any one group should have positive skill over or in
the language of economics. So, a university should concerned body that should play key
role in developing good entrepreneurial culture for the students.
In order to overcome these university should able to design promotion program and
strategies. In addition to this university should also inform and work hand on hand on
hand with.
Reference
Ajezen 1991 entrepreneurship
Ajezen and Fishbein 2000
Dawit Arega 2005 entrepreneurship
David H. Holt 2005 entrepreneurship new venture creation new delh
David Holl 2010 entrepreneurship and small business
Dell, 2008, Dhose and walter 2010
Earle Mayer 1994, entrepreneurship and small business manage
Entrepreneurship prosperity and good governance, werotaw, bezabih assefa,2005
Kurager 2000 entrepreneurship and small business
Li 2007, entrepreneurship
Morgan gerlaw 2014 Netherlands
Marris 1998, entrepreneurship
Sangam Keshar 2007 entrepreneurship
Sang rann shari entrepreneurship 2007
Assefa 2003
Yemana Taro 1967 statistics newyork
Appendix
Woldia University
Department of management
Dear respondent the purpose of this questionnaires is to gather information about “Assessment
students inclination towards entrepreneurial career “in case of woldia university faculty of
business and economics. Your genuine response will be revue great contribution the answer you
give for the question will be fully confidential, so kindly full and respond the question carefully
and honesty.
General instruction
Based on your option please indicate most appropriate response with the scale given bellow
Strongly disagree
Disagree
Neutral
Agree
Strongly agree
No 1 2 3 4 5
1 A career as entrepreneur is attractive for me
2 if we well opportunity resource we would like to start
a firm
3 Being an entrepreneur would entail greater satisfaction
for me
4 We believe we were to start my business we well
certain be successful
5 In our university, students are actively encourage to
pursue their own idea
6 To start a firm would be easily for our