The Role of Business Students’ Entrepreneurial Intention and Technology Preparedness in the Digital Age

Innovative digital technologies, together with new sustainable practices, push for new business models and skillsets, pressuring companies to adapt to external change in order to gain competitive advantage. Higher education institutions could offer support. More than 20% of university graduates in t...

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Main Authors: Isabelle Biclesanu, Marco Savastano, Cătălina Chinie, Sorin Anagnoste
Format: Article
Language:English
Published: MDPI AG 2023-08-01
Series:Administrative Sciences
Subjects:
Online Access:https://www.mdpi.com/2076-3387/13/8/177
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author Isabelle Biclesanu
Marco Savastano
Cătălina Chinie
Sorin Anagnoste
author_facet Isabelle Biclesanu
Marco Savastano
Cătălina Chinie
Sorin Anagnoste
author_sort Isabelle Biclesanu
collection DOAJ
description Innovative digital technologies, together with new sustainable practices, push for new business models and skillsets, pressuring companies to adapt to external change in order to gain competitive advantage. Higher education institutions could offer support. More than 20% of university graduates in the European Union study “business, administration or law”, with some of them being future top-level managers and entrepreneurs. This paper aims to provide an understanding of the factors shaping business students’ perspectives and decisions in the modern business landscape. It reunites their career preferences, personality characteristics and knowledge regarding technology’s utility for business and compares them between two cohorts (i.e., first year bachelor students and second year master students). The results of an online survey with a sample of 154 respondents show that business students’ entrepreneurial intention is influenced by their entrepreneurial confidence, their boldness when considering risks, as well as by being further along their educational journey. While almost 80% of business students are daring, oriented toward results and confident in their entrepreneurial abilities, and around 50% would feel most comfortable having their own business, approximately half of first year bachelor students and 14% of second year master students tend to be “not sure” regarding how eight out of ten modern technologies mentioned in this paper (i.e., robotic process automation, big data, artificial intelligence, computer vision, industrial robots, internet of things, virtual reality, enterprise resource planning) could improve a company’s innovation and performance.
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spelling doaj.art-2b52b43daa954db88b3d533b90ec92332023-11-18T23:49:16ZengMDPI AGAdministrative Sciences2076-33872023-08-0113817710.3390/admsci13080177The Role of Business Students’ Entrepreneurial Intention and Technology Preparedness in the Digital AgeIsabelle Biclesanu0Marco Savastano1Cătălina Chinie2Sorin Anagnoste3Faculty of Business Administration in Foreign Languages, Bucharest University of Economic Studies, 010731 Bucharest, RomaniaManagement Department, Sapienza University of Rome, 00161 Rome, ItalyFaculty of Business Administration in Foreign Languages, Bucharest University of Economic Studies, 010731 Bucharest, RomaniaFaculty of Business Administration in Foreign Languages, Bucharest University of Economic Studies, 010731 Bucharest, RomaniaInnovative digital technologies, together with new sustainable practices, push for new business models and skillsets, pressuring companies to adapt to external change in order to gain competitive advantage. Higher education institutions could offer support. More than 20% of university graduates in the European Union study “business, administration or law”, with some of them being future top-level managers and entrepreneurs. This paper aims to provide an understanding of the factors shaping business students’ perspectives and decisions in the modern business landscape. It reunites their career preferences, personality characteristics and knowledge regarding technology’s utility for business and compares them between two cohorts (i.e., first year bachelor students and second year master students). The results of an online survey with a sample of 154 respondents show that business students’ entrepreneurial intention is influenced by their entrepreneurial confidence, their boldness when considering risks, as well as by being further along their educational journey. While almost 80% of business students are daring, oriented toward results and confident in their entrepreneurial abilities, and around 50% would feel most comfortable having their own business, approximately half of first year bachelor students and 14% of second year master students tend to be “not sure” regarding how eight out of ten modern technologies mentioned in this paper (i.e., robotic process automation, big data, artificial intelligence, computer vision, industrial robots, internet of things, virtual reality, enterprise resource planning) could improve a company’s innovation and performance.https://www.mdpi.com/2076-3387/13/8/177Industry 4.0entrepreneurstudentuniversityeducationskill
spellingShingle Isabelle Biclesanu
Marco Savastano
Cătălina Chinie
Sorin Anagnoste
The Role of Business Students’ Entrepreneurial Intention and Technology Preparedness in the Digital Age
Administrative Sciences
Industry 4.0
entrepreneur
student
university
education
skill
title The Role of Business Students’ Entrepreneurial Intention and Technology Preparedness in the Digital Age
title_full The Role of Business Students’ Entrepreneurial Intention and Technology Preparedness in the Digital Age
title_fullStr The Role of Business Students’ Entrepreneurial Intention and Technology Preparedness in the Digital Age
title_full_unstemmed The Role of Business Students’ Entrepreneurial Intention and Technology Preparedness in the Digital Age
title_short The Role of Business Students’ Entrepreneurial Intention and Technology Preparedness in the Digital Age
title_sort role of business students entrepreneurial intention and technology preparedness in the digital age
topic Industry 4.0
entrepreneur
student
university
education
skill
url https://www.mdpi.com/2076-3387/13/8/177
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