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The Importance of Entrepreneurial Role Models in Shaping the Entrepreneurial Attitudes of Romanian
Economists Students: an Empirical Approach
PhD student, Adriana Borza Prof. PhD, Alina Bădulescu
University of Oradea
PRACTeam (Practice of the economist students. Inter-regional partnership in the labor market between universities and the business environment)
http://www.practeam.ro/
PRACTeam Project
A real problem of entrepreneurial initiative in Romania remains the difficulty of creating reliable models of success
The mentoring issue was not enough approached in Romanian studies on entrepreneurship as it has not strong enough tradition yet
The need for models and mentoring is growing amid the changing of the public conceptions on entrepreneurship.
Considering the difficult times that the European economy has to face, the research concerning entrepreneurship and entrepreneurial models has got, more than ever, an immediate practical justification
The lack of capital leads naturally to a fall in the demand opportunities
Therefore, it takes a compensation of the lack of opportunities available to potential entrepreneurs on the demand side, through the development of mechanisms on the supply side: individuals will appreciate their capabilities and evaluate and choose their occupation in direct connection with the kind of entrepreneurial culture they know and the economic behavior they have access to
Which is the research subject?
Our research seeks to provide a statistically informed perspective on the role that the existence of family patterns plays at this level in the economist students’ decision to choose an entrepreneurial career. The assumption that we envisage has, as a starting point, a series of remarks on the specifics of the entrepreneurial culture in Romania: the lack of tradition the lack of regulations and the incorrect
implementation of market economy reforms
Aim
According to Văduva, S.“The people whose parents worked on their own or who have owned a business have much greater opportunities of becoming entrepreneurs than the individuals coming from families without any kind of entrepreneurial experience
However, we do not have relevant evidence to support the assessment that “in the transition economies, where the recent experience with the development of private enterprise is typically reduced, the extent of this influence is much smaller than in the mature market economies” [2].
Even though the parents of most of the young people who have chosen to open up private businesses were not entrepreneurs (this was not possible in Eastern Europe before 1989 [4]), certain families have had different types of managerial experience, and this fact has its relevance.
The professional skills and especially the network of relations which they had access to, allowed individuals who were taking leadership positions even within the framework of the state-owned enterprises to involve in profitable businesses immediately after the massive privatization and liberalization of the market.
158 students, male (56) and female (106) from the economics faculty, second year of study, involved in the PRACTeam project
Students received a link to an online version of the questionnaire, self-administered which they had to fill-out immediately after the training (career counseling training)
Professional attraction (preferences for sectors or activities) was measured using Interests and values Inventory from Cognitrom Assessment System (CAS).
Based on their answers, student’s responses were assigned to one of the following six groups: enterprising, realistic, conventional, artistic, social, investigative.
The second questionnaire measured the importance of the role model to develop professional skills as well as parents’ occupations (self-employed or wage-employed).
Method, participants and procedure
Results
The testing and analysis of occupational interests and values reveals that the strong entrepreneurial orientation lies in a significantly increased proportion with subjects from families having entrepreneurial background
According to our hypothesis, the absence of successful entrepreneurial models and the lack of an entrepreneurial education have lead (predictably) to the deterioration of the entrepreneurial orientation for economist students who did not have parents (and therefore no proximate models) involved in running a business.
Results and disscution
Results
The fact that subjects who had entrepreneurial models in the family environment are not willing to give the same importance to mentorship can be related to their perception on quality models, assessed by comparison with entrepreneurial systems originating from countries with advanced economies and a powerful entrepreneurial culture.
However, as the studies reveal that the young romanians are prepared after graduation to take over the family business as direct successors
Results
The easy access to up-to-date information and the increased possibilities to get in touch with the business environment and the success entrepreneurial models from developed economies contributes to rapid changes of the public mentality on entrepreneurial activities.
The need for mentorship programs in Romania is as greater as the private sector still allows business opportunities that Western economies no longer offer.
Along with the promotion of public politics encouraging the entrepreneurial involvement of the young people, the mentorship programs are an important factor for increasing the quality of the entrepreneurial environment.
Conclusions
The PRACTeam project has been funded with support from the European Social Fund – “Invest in People”, (Reference: POSDRU/90/2.1/S/64150)
ACKNOWLEDGEMENTS
Hofstede G (1980). Culture's Consequences: International Differences in Work-Related Values. Beverly Hills CA: Sage Publications
Văduva, S (2004). Entrepreneurship. Practices applied in Romania and in other countries in transition, Bucharest, Economică Publishing House, pp 45,75, 49,50,143, 193
Mueller, S.L. and A.S. Thomas (2000), Culture and entrepreneurial potential: a nine country study of locus of control and innovativeness, Journal of Business Venturing
Zellweger, T. & Sieger, P. (2012). Coming home or breaking free? Career choice intentions of the next generation in family businesses. Ernst & Young, pp. 7, 16
*** http://www.practeam.ro/prezentare-proiect/ Jigău,M.(2001), Career counseling, Sigma Publishing House,
Bucharest
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