Abstract:

As the activation of startup based on creative ideas is perceived to be a new growth engine for the national economy, political and social interest in campus CEOs is increasing. Under this background, the present study analyzes determinants of entrepreneurial intention and startup timing. What differentiates this study from other previous studies is that it helps better forecasting of actual startup activities through a simultaneous or consecutive analysis of factors affecting entrepreneurial intention and preferred startup timing.

The analytic results suggest that direct and indirect experience of startup, access to funding, fear of failure and the entrepreneurship education are key factors affecting entrepreneurial intention and startup timing. In addition, most of undergraduate and graduate students prefer the startup after getting a job to the startup right after the graduation. Consequently, policy support is necessary including employment-linked startup support programs, entrepreneurship education for the employed, and corporate venturing.

Keywords:

Entrepreneurial intention, startup timing, experience of startup, entrepreneurship education, corporate venturing.

How to Cite:

Yoon-Jun Lee. Determinants of Entrepreneurial Intention and Startup Timing – Who and When will Start up?. [ref]: vol.23.2025. available at: https://refpress.org/ref-vol23-a20