Entrepreneurship With Special Reference To Christ College, Irinjalakuda"
Entrepreneurship With Special Reference To Christ College, Irinjalakuda"
Entrepreneurship With Special Reference To Christ College, Irinjalakuda"
Master of Commerce
Submitted by
POOJA SURENDRAN
(Reg.No: CCATMCM016)
Prof. MUVISH K M
UNIVERSITY OF CALICUT
MARCH 2021
CERTIFICATE
I also declare that the project has not formed the basis of reward of any degree or any
other similar title to any other University.
Date: 30-03-2021
ACKNOWLEDGEMENT
First, I praise and thank God Almighty who showers his plentiful blessings upon me,
who guide, shield and strengthen me all the time.
I wish to express my profound gratitude and heart-felt thanks to our Principal Fr. Dr.
Jolly Andrews CMI for his encouragement and for giving me permission for the
study.
I am thankful to Dr. Josheena Jose, our HOD and Prof. Muvish K M my Project Guide
without whose guidance and encouragement, I could not have completed my Project
work. In spite of her busy schedule, she spared some of her precious time to me for
this work. Her moral support besides the scholarly guidance in research is the
foundation of this Project. Thank you, for all the help and guidance. I’m also thankful
to the other faculties of the department for their valuable advices and co-operation,
rendered for the successful completion of my project.
Place: Irinjalakuda
1 LIST OF TABLES
2 LIST OF FIGURES
8 BIBLIOGRAPHY 46-47
9 APPENDIX 48-50
LIST OF TABLES
TABLE TITLE PG NO:
NO:
Introduction
1.1 INTRODUCTION
In this paper, we concentrate to what extent and how our teaching approach
helps to develop and support the student’s entrepreneurship skills and analyse their
attitude towards entrepreneurship. The ultimate purpose of this study is to understand
the students experience and their perspectives with regard to the teaching approach
that we use to promote students entrepreneurship skills. The college students pay more
attention to the section of practice in entrepreneurship education and the overall
satisfaction is positively correlated with student’s evaluation on entrepreneurship
courses. Attitude of the student is a measurement we use to quantify the degree to
which a student is satisfied with entrepreneurship. This could be executed using
different survey design tactics. Here we choose the questionnaire method. The
objective of, regional growth, industrial development and employment generation
depends upon entrepreneurial development. Thus this study is conducted to know the
attitude of students towards entrepreneurship with special reference to Christ College,
Irinjalakuda.
1
1.2 STATEMENT OF THE PROBLEM
The study has been carried out to find out the attitude of commerce students
towards entrepreneurship and entrepreneurial careers. The study deals with
only third year commerce students undergoing their studies in Christ College
Irinjalakuda.
There are many opportunities in the society that are not explored by
competitors. Those, interested to take risk are rewarded more. By entering into
a business venture one can earn more by introducing more innovative ideas,
can create a signature of their own.so that they can create an esteem in the
society.
2
1.5 OBJECTIVE OF THE STUDY
1.6 HYPOTHESIS
It was very difficult to conduct a study from the entire population from Christ
College Irinjalakuda. So representative samples are drawn from the purpose of
study.
The population for this study consisted of third year commerce students of
Christ College Irinjalakuda. The total number of students is 304.
3
1.8.2 Sample Frame
Students WhatsApp group is taken to be the sample frame for collection of data
Sample size of this study is 90 respondents. The third year commerce students
of Christ College Irinjalakuda are selected for the study.
Appropriate statistical tools were used for analysis via descriptive and
inferential statistical tool. Descriptive analysis is done through Percentage
analysis and inferential analysis is done through Mann-Whitney U test.
1.11 CHAPTERIZATION
• Chapter 1 – Introduction
4
Chapter-2
Review of Literature
2.1 Review of Literature
• Veciano and urbano (2005), states that presence of entrepreneur in the family
or among relatives could foster the intention to create a new venture..
• Ferrante and Sabatini (2007), they casted a strong light on the connection
between educational background and the ability to perform and build
intentional behaviour. They constructed that educational attainment should
reveal the cognitive abilities possessed by individuals.
5
• Souitaris, Zerbinati and Andreas (2007), found that entrepreneurship
education stimulates students subjective norms and intention towards
entrepreneurship by providing them with knowledge, skills and sense of beliefs
that inspire them to choose entrepreneurship as a career.
• Stella (2008), states that family and society background, experience had a
significant influence of students towards entrepreneurship.
• Potter (2008), the role of entrepreneurship education has been called for as one
of the key instruments to increase the entrepreneurial attitudes of people. Thus,
educational initiatives have been considered as highly promising to making
more people aware and interested on this career option and making more
people try to start a new venture.
• Zain, Akram and Ghani (2010), found that majority of the students had an
intention to become entrepreneurs after going through the entrepreneurship
programme.
6
• Karhunen et al. (2011), states that business requires a great investment of
time, resources and commitment which is bound to have an impact on one’s
attitude.
• Mapfaira and setibi (2014), found that there are some poor attitude of
students towards entrepreneurship because of lack of technical support,
difficulty in accessing finance etc.
7
was because they believed their own business could give them bigger earnings
than working regular full time job
• Fasla N P (2017), the study revealed that most of the students are of the
opinion that are entrepreneurship is good. The present management education
system does not focus on entrepreneurship development.
8
Chapter – 3
Theoretical Framework
3.1 Theoretical Framework
Entrepreneurship is the ability to develop, organize and run a business organization in
order to make profit. It is a process of actions of an entrepreneur who is a person
always in search of something new and exploits such ideas into opportunities which
are gainful by accepting the risk and uncertainty with the enterprise. Entrepreneurship
is the total of entrepreneur plus enterprise. Land, labour, natural resources and capital
gain are connected with entrepreneurship. They can make profit. Entrepreneur has the
ability and desire to establish, administrate and succeed in a start-up venture along
with the risk entitled to make profit. Most of the universities are promoting
entrepreneurship. Universities have the responsibility of providing the importance of
entrepreneurship to the students. It helps to improve their skills and mind set.
Entrepreneurship increases the economic efficiency through job creation which
increases the standard of living. Entrepreneurship serve as an agent of social justice.
9
3.2 Promoting Entrepreneurship Education:
The first and foremost factor for entrepreneurial success is his/her interest and
vision. This interest must also translate into company’s growth otherwise, the
person is not be able to maintain a high level of work ethic, and they will most
likely fail. This vision must be strong enough than he/she can communicate it
to investors and employees.
• Skill:
10
Entrepreneurship must have skill and proper vision in order to achieve their
goal.
• Innovation:
It should be highly innovative to generate new idea to start a company and earn
profit out of it. Innovation must be a more efficient and more economical. The
successful exploitation of new idea is crucial to a business being able to
improve its processes, bring new and services to market. Increase its efficiency,
it improve its profitability.
Entrepreneur must be courageous and be able to evaluate and take risks, which
is an essential part of being an entrepreneur. The risk is connected with the
time and money that we invest in our business. New ideas are always risky and
may not always bring profits. Entrepreneurs may have to incur losses as well.
Hence risk is a basic feature of entrepreneurship.
• Profit potential:
11
People have ambition in order to become a successful entrepreneur. They
actively find out problems and have the ambition to fix them.
The successful entrepreneurs are not the lazy people they are very hard
workers. Their primary motive is to achieve their goals and growth of their
business. They continuously make planning.
Entrepreneur must have the leadership quality. They are good at managing all
the aspects of their professional and personal skills. They have the ability to
take the decision in right way. They have good communication skills and
provide guidance to others.
They are mainly focused on their business work. They eliminate all the
distractions in their goals before they achieve their goals. Without disregarding
their long term goals they focus on the day to day operations of their business.
They take disciplined steps every day towards the achievement of their goal.
• Man of vision
12
3.5 Types of entrepreneurs
• Business entrepreneur :
• Trading entrepreneur:
• Industrial entrepreneur:
• Corporate entrepreneur:
• Agricultural entrepreneur:
• Technical entrepreneur:
• Non-technical entrepreneur:
13
• Professional entrepreneur:
• Pure entrepreneur:
• Induced entrepreneur:
• Motivated entrepreneur:
• Spontaneous entrepreneurs:
He is the one who start an industrial unit by means his own innovative
ideas and skills. He is essentially an innovator.
• Modern entrepreneur:
• Classical entrepreneur:
14
He is the one who develop self-supporting venture for the satisfaction of
customer needs. He does not undertake any innovation.
• Innovative entrepreneurs:
• Fabian Entrepreneurs:
• Drone entrepreneurs:
Drone entrepreneurs are those who refuse to adopt and use opportunities
to make changes in production. They would not change the method of
production that has already been introduced. They follow the traditional
methods of production.
15
• Innovation
• Assumption of risk
• Research
• Entrepreneurs innovate
17
Entrepreneurship involves maximisation of output from given
resources, creation and use of innovative ideas, development of
managerial skills etc. and all these factors are essential for the economic
development of a country.
• Creation of organisations
• Financial risk:
• Personal risk
• Career risk
• Psychological risk
18
3.9Challenges of Entrepreneurship
• Great risk
The early day’s entrepreneurship was nothing but mere laughed. But
now a days the entrepreneurs are admired and recognised but public
without entrepreneurship being introduced as a subject the upcoming
generation will not be able to catch the idea and dream about owing his
19
own organisation. Thus by teaching entrepreneurship and entrepreneur
is respected more and more entrepreneurial aspirants can be created.
It means that all of the recorded and unrecorded information and the
knowledge relating to the technology of the product.
Entrepreneurs are the dreamers who are energized to desire to pioneer, lead,
innovate and invest disruptive technologies and products. Years ago,
Indians only thought of following well defined career paths. The children
usually follow the desire of their parents and opted for a career that was
decided by their elders. Following further pushed the young generation
towards entrepreneurship.
• The aim to develop and execute a plan right from the base level
• The aim to do well financially and take their growth better level
• They have the freedom to express their innovative ideas and knowl
20
Chapter- 4
Table no 4.1 shows that 30% of the students are Male and 70% of the students are
Female.
0 0
30%
Male
Female
70%
21
Table 4.2: Table showing the age of students
Table 4.2 shows, 66% of students belongs to the first age group that is 18-21. 33% of
students belongs to the second age group 21-24. Only 1% of students in third group
70%
66%
60%
50%
40%
33%
30%
20%
10%
1%
0%
18-21 21-24 24-27
22
Table 4.3: Table showing the number of family members or close relative who
own a business
Table 4.3 shows, 78% of student’s family members or close relatives own a business
and remaining 22% of student’s family members or close relatives does not own a
business.
Figure 4.3: Figure showing the number of family members or close relative who
owns a business
90%
78%
80%
70%
60%
50%
40%
30%
22%
20%
10%
0%
Yes No
23
Table 4.4: Table showing the type of business
Table 4.4 shows, among the 70 respondents, 76% belongs to Sole proprietorship, 13%
belongs to Partnership, 1% belongs to corporation and 10% belongs to another
category.
80%
76%
70%
60%
50%
40%
30%
20%
13%
10%
10%
1%
0%
Sole proprietorship Partnership Corporation Others
24
Table 4.5: Table showing how much the institute promotes Entrepreneurship
and encourages ideas
Table 4.5 shows that 82% of students said that the institute promotes entrepreneurship
and encourages ideas. 18% of students disagree the statement.
Figure 4.5: Figure showing how much the institute promotes Entrepreneurship
and encourages ideas
90%
82%
80%
70%
60%
50%
40%
30%
18%
20%
10%
0%
Yes No
25
4.6: Showing the factors to determine the attitude of students towards
Entrepreneurship
Table 4.6.1: Table showing how interested are you in setting your own business
immediately after your studies
Table 4.6.1 shows that 41% of respondents are interested to start business immediately
after their studies.23% of them are very much interested, 30% of them are neutral, 6%
of the respondents are uninterested and nobody belongs to very much uninterested.
Figure 4.6.1: Figure showing how interested are you in setting your own business
immediately after your studies
45% 41%
40%
35%
30%
30%
25% 23%
20%
15%
10% 6%
5%
0
0%
Very much Interested Neutral Uninterested Very much
interested uninterested
26
Table 4.6.2: Table showing how attractive it would be for you to start a business
Table 4.6.2 shows that, 49% of respondents are attractive and 24% are very much
attractive to start a business. 26% of respondents are neutral. Only 1% of respondents
are very much unattractive and nobody belongs to unattractive.
Figure 4.6.2: Figure showing how attractive it would be for you to start a
business
60%
49%
50%
40%
30% 26%
24%
20%
10%
0% 1%
0%
Very much attractive Attractive Neutral Unattractive Very much
unattractive
27
Table 4.6.3: Table showing in your institute students are actively encouraged to
pursue their own ideas
Table 4.6.3 shows that among the total respondents, 56% of respondents agree the
statement. 22% of respondents are neutral. Only a small percentage of respondents
disagree the statement.
Figure 4.6.3: Figure showing in your institute students are actively encouraged to
pursue their own ideas
60%
56%
50%
40%
30%
22%
20%
20%
10%
2%
0
0%
Strongly Agree Agree Neutral Disagree Strongly Disagree
28
4.7: Showing the factors that attract students towards entrepreneurial career
Table 4.7.1: Table shows that there is no limit to what you can earn in business
Table 4.7.1 shows that 41% of respondents are agree and 26% of respondents are
strongly agree the statement. 29% of respondents are neutral. Only 4% of respondents
are disagree the statement and nobody belongs to strongly disagree
Figure 4.7.1: Figure shows that there is no limit to what you can earn in business
45%
41%
40%
35%
29%
30%
26%
25%
20%
15%
10%
4%
5%
0
0%
Strongly Agree Agree Neutral Disagree Strongly disagree
29
Table 4.7.2: Table shows that I would rather be my own boss rather than work
for someone else
Table 4.7.2 shows that majority of the respondents agree the statement. 33% of
respondents are strongly agree, 23% of respondents are neutral. Only 5% of
respondents are disagree the statement and nobody belongs to strongly disagree.
Figure 4.7.2: Figure shows that I would rather be my own boss rather than work
for someone else
45%
39%
40%
35% 33%
30%
25% 23%
20%
15%
10%
5%
5%
0
0%
Strongly agree Agree Neutral Disagree Strongly disagree
30
Table 4.7.3: Table shows that entrepreneurship is a rewarding career
Table 4.7.3 shows that, nobody strongly disagree the statement. 46% of respondents
are agree, 31% of respondents are strongly agree, and 19% of respondents are neutral,
only 4% of respondents are disagree the statement.
50%
46%
45%
40%
35%
31%
30%
25%
19%
20%
15%
10%
4%
5%
0
0%
Strongly Agree Agree Neutral Disagree Strongly disagree
31
Table 4.7.4: Table shows that entrepreneurship can be considered as a career
option in today’s globalised world
Table 4.7.4 shows that,47% of respondents are agree the statement, 33% of
respondents are strongly agree, and 12% of respondents are neutral. 6% of
respondents are disagree the statement, only 2% of respondents are strongly disagree.
50% 47%
45%
40%
35% 33%
30%
25%
20%
15% 12%
10%
6%
5% 2%
0%
Strongly agree Agree Neutral Disagree Strongly disagree
32
Table 4.7.5: Table shows that it is more important to do a job well than try to
please people
Table 4.7.5 shows that, 35% of respondents are strongly agree, 33% of respondents
are agree, 24% of respondents are neutral ,5% of respondents are strongly disagree
and only 3% of respondents are disagree the statement.
Figure 4.7.5: Figure shows that it is important to do a job well than try to please
people
40%
35%
35% 33%
30%
25% 24%
20%
15%
10%
5%
5% 3%
0%
Strongly agree Agree Neutral Disagree Strongly Disagree
33
4.8: Showing barriers to enter into business
Table 4.8.1 shows that ,majority of the respondents strongly agree the statement, 37%
of respondents are agree, 8% of respondents are neutral, 2% of the respondents
disagree the statement and remaining 1% of respondents are strongly disagree.
60%
52%
50%
40% 37%
30%
20%
10% 8%
2% 1%
0%
Strongly agree agree Neutral Disagree Strongly disagree
34
Table 4.8.2: Table showing access of capital
Table 4.8.2 shows that, 51% of respondents are agree the statement , 35% of
respondents are strongly agree , 9% of respondents are neutral , 3% of respondents are
disagree the statement and remaining 2% of respondents are strongly disagree
60%
51%
50%
40%
35%
30%
20%
9%
10%
3% 2%
0%
Strongly agree Agree Neutral Disagree Strongly disagree
35
Table 4.8.3: Table showing regulatory or policy barriers
Table 4.8.3 shows that, among the total respondents ,36% of respondents agree the
statement, 27% are strongly agree, 30% are neutral , 6% of respondents are disagree
the statement , only 1% of respondents are strongly disagree.
40%
36%
35%
30%
30%
27%
25%
20%
15%
10%
6%
5%
1%
0%
Strongly agree Agree Neutral Disagree Strongly disagree
36
Table 4.8.4: Table showing cultural and Mind-set barriers
Table 4.8.4 shows that, 40% of respondents are agree the statement, 24% of
respondents are neutral, 16% of respondents equally strongly agree and disagree the
statement, and remaining 4% of respondents are strongly disagree.
45%
40%
40%
35%
30%
24%
25%
20%
16% 16%
15%
10%
4%
5%
0%
Strongly Agree Agree Neutral Disagree Strongly disagree
37
Table 4.8.5: Table showing Locational Barriers
Table 4.8.5 shows that majority of the respondents are agree the statement, 31% of
respondents are neutral, 16% of respondents are strongly agree , 11% of the
respondents are disagree the statement and only 1% of respondents are strongly
disagree the statement.
45%
41%
40%
35%
31%
30%
25%
20%
16%
15%
11%
10%
5%
1%
0%
strongly agree Agree neutral Disagree Strongly Disagree
38
4.1Inferential Statistical Analysis
Inferential statistics are used to make inferences about the larger population
based on the sample. Typically, inferential statistics deals with analysing two
or more variables using the samples. There are different types of inferential
statistics that are used. The type of inferential statistics used depends on the
type of variable used for the study.
Mann-Whitney U Test
Table 4.9
Ranks
39
Table 4.9
Mann-Whitney Test
Test Statistics
Total factors attracting entrepreneurial
career
Mann-Whitney U 818.000
Wilcoxon W 2834.000
Z -.287
The Mann-Whitney test used for analysing significant difference in gender and
factors attracting entrepreneurial career. The difference of variance is checked
through SPSS, the result of analysis shows variance is not significant in gender and
factors attracting entrepreneurial career. The P values (.774) are greater than the
significance level of 0.05.Thus, the null hypothesis is accepted. There is no
significant difference between gender and factors attracting entrepreneurial career
40
Chapter – 5
41
of respondents are neutral, only 4% of respondents are disagree the statement
and nobody belongs to strongly disagree.
• Majority of the respondents agree the statement. 33% of respondents are
strongly agree, 23% of respondents are neutral, only 5% of respondents are
disagree the statement and nobody belongs to strongly disagree.
• Most of the students said that entrepreneurship is a rewarding career, 46% of
respondents are agree the statement, 31% of respondents area strongly agree,
19% of respondents are neutral and only 4% of respondents are disagree the
statement.
• Among the total students, 47% of respondents agreed that entrepreneurship can
be considered as a career option in today’s globalised world. 33% of
respondents are strongly agree and 12% of respondents are neutral, 6% of
respondents are disagree the statement and remaining 2% are strongly disagree.
• From the total number of students, 35% of students are strongly agreed that it is
more important to do a job well than try to please people. 24% of respondents
are neutral, 5% of respondents are strongly disagree and only 3% of
respondents are disagree the statement.
• Majority of the respondents strongly agree the statement start up barriers to
enter into business. 37% of respondents are agree, 8% of respondents are
neutral, 2% of the respondents disagree the statement and remaining 1% of
respondents are strongly disagree.
• Majority of the respondents agree the statement access of capital. 51% of
respondents are agree the statement, 35% of respondents are strongly agree the
statement and remaining 2% of respondents are strongly disagree.
• Among the total respondents 36% of respondents agree the statement of
regulatory or policy barriers. 27% are strongly agree, 30% are neutral. 6% of
respondents are disagree the statement, only 1% of respondents are strongly
disagree.
• Among the total respondents 40% of the students agree the statement of
cultural and mind set barriers, 24% of respondents are neutral , 16% of
42
respondents equally strongly agree and disagree the statement and remaining
4% of respondents are strongly disagree.
• Majority of the students are agree the statement of locational barriers,31% of
respondents are neutral, 16% of respondents are strongly agree, 11% of the
respondents are disagree , only 1% of respondents are strongly disagree the
statement.
• The p values (.774) are greater than the significance level of 0.05.Thus, null
hypothesis is accepted and hence concluded that there is no significant
difference between gender and factors attracting entrepreneurial career.
43
5.2 Suggestions
44
5.3 Conclusion
45
Bibliography
Bibliography
Book:
Journals:
46
• Driessen M.P (2007) the entrepreneur scan measuring characteristics and traits
of entrepreneurs.
Websites:
• www.shodhganga.inflibnet.ac.in
• www.researchgate.net
• www.slideshare.net
47
Appendix
QUESTIONNAIRE ON “A STUDY ON STUDENTS ATTITUDE
TOWARDS ENTREPRENEURSHIP WITH SPECIAL
REFERENCE TO CHRIST COLLEGE, IRINJALAKUDA”
Dear Students,
I am the student of Christ College (Autonomous), Irinjalakuda, is
conducting a survey about the students attitude towards entrepreneurship with
special reference to Christ College Irinjalakuda. I kindly request you to fill the
questionnaire and provide necessary information regarding the above. It is
purely an academic activity and data collected will not be shared with anybody
for any purposes. All survey information is confidential.
1. Name:
2. Home town:
3. Gender: Male ☐ Female ☒
Interested ☐
48
Neutral ☐
Uninterested ☐
Very much uninterested ☐
Attractive ☐
Neutral ☐
Unattractive ☐
Agree ☐
Neutral ☐
Disagree ☐
Strongly disagree ☐
9. Factors that attract students attitude towards entrepreneurial career
1 = strongly agree, 2 = agree, 3 = neutral, 4= disagree, 5= strongly
disagree
1 2 3 4 5
There is no limit to what
you can earn in business
I would rather be my own
boss rather than work for
someone else
49
Entrepreneurship is a
rewarding career
Entrepreneurship can be
considered as a career
option in todays
globalized world
It is more important to do
a job well than try to
please people
1 2 3 4 5
Start-up cost
Access to
capital
Regulatory or
policy barriers
Cultural and
Mind-set
barriers
Locational
Barriers
50