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Impact of collaborative, entrepreneurship education on the financial risk taken by university students

Impact of collaborative, entrepreneurship education on the financial risk taken by university... Based on the definition of entrepreneurship, entrepreneurs can be considered as risk-takers. The literature contains conflicting theories as to whether risk-taking can be influenced by external factors. The current paper investigates the effect of entrepreneurship education and collaborative environment on financial risk-taking behavior among university-age young people. To this end, an online survey was conducted involving 510 participants and various statistical tests were utilized to test the research hypothesis. To measure financial risk-taking propensity, the Choice Dilemma Questionnaire methodology was implemented. The results of the analysis reveal that both the level of entrepreneurship education and a collaborative environment increase financial risk-taking. Moreover, multiple linear regression methodology was used to capture the significant factors that influence financial risk-taking when investing alone and investing in a collaborative environment. As a policy recommendation, the authors suggest that an entrepreneurship training curriculum should be developed that incorporates the various activities and elements of a collaborative environment. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Industry and Higher Education SAGE

Impact of collaborative, entrepreneurship education on the financial risk taken by university students

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References (48)

Publisher
SAGE
Copyright
© The Author(s) 2022
ISSN
0950-4222
eISSN
2043-6858
DOI
10.1177/09504222211068294
Publisher site
See Article on Publisher Site

Abstract

Based on the definition of entrepreneurship, entrepreneurs can be considered as risk-takers. The literature contains conflicting theories as to whether risk-taking can be influenced by external factors. The current paper investigates the effect of entrepreneurship education and collaborative environment on financial risk-taking behavior among university-age young people. To this end, an online survey was conducted involving 510 participants and various statistical tests were utilized to test the research hypothesis. To measure financial risk-taking propensity, the Choice Dilemma Questionnaire methodology was implemented. The results of the analysis reveal that both the level of entrepreneurship education and a collaborative environment increase financial risk-taking. Moreover, multiple linear regression methodology was used to capture the significant factors that influence financial risk-taking when investing alone and investing in a collaborative environment. As a policy recommendation, the authors suggest that an entrepreneurship training curriculum should be developed that incorporates the various activities and elements of a collaborative environment.

Journal

Industry and Higher Education – SAGE

Published: Oct 1, 2022

Keywords: Higher education; entrepreneurship education; collaborative environment; risk-taking behavior

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