Institutional Determinants of Student Employer Entrepreneurs at Catalan Universities

Technological Forecasting and Social Change, Forthcoming

Posted: 30 Jun 2016

See all articles by David Urbano

David Urbano

Autonomous University of Barcelona

Sebastian Aparicio

Durham University Business School; Autonomous University of Barcelona; Fundación ECSIM Centro de Estudios en Economía Sistémica

Maribel Guerrero

University of Deusto - Deusto Business School

María Noguera

Autonomous University of Barcelona

Joan Torrent-Sellens

Independent

Date Written: June 28, 2016

Abstract

This article investigates the influence of informal and formal institutions on the university students' decision of becoming employer entrepreneurs (university students that create a new firm with employees) in the context of Catalonia. A sample of 1207 students from the Universitat Autònoma de Barcelona (UAB) and the Universitat Oberta de Catalunya were surveyed for the period of 2012–2015, and Probit regressions over pooled data were used. The main findings suggest that formal factors (university's lack of incentives to create a new business, entrepreneurial knowledge, training and skills, and entrepreneurship education) are higher correlated with the student employer entrepreneurs than informal institutions (role models, entrepreneur's social image and fear of failure). Despite that the entrepreneur's social image does not seem to have an influence on the entrepreneurial decision of university students, the other variables analysed are statistically significant, correlated with entrepreneurship as a choice. Specifically, entrepreneurship education is the most relevant variable in explaining the decision of university students becoming employer entrepreneurs. The paper contributes with policy discussions in order to extend the current debate about the role of the universities in the entrepreneurial process and also the importance of entrepreneurial universities to the society.

Keywords: Student employer entrepreneurs, Entrepreneurial universities, Institutions, Job creation, Catalonia

JEL Classification: M13, O17, J23, M51

Suggested Citation

Urbano, David and Aparicio, Sebastian and Guerrero, Maribel and Noguera, María and Torrent-Sellens, Joan, Institutional Determinants of Student Employer Entrepreneurs at Catalan Universities (June 28, 2016). Technological Forecasting and Social Change, Forthcoming, Available at SSRN: https://ssrn.com/abstract=2802238

David Urbano (Contact Author)

Autonomous University of Barcelona ( email )

Edifici B, Campus UAB
Bellaterra, Barcelona 08193
Spain
34935811209 (Phone)

HOME PAGE: http://www.davidurbano.eu

Sebastian Aparicio

Durham University Business School ( email )

Mill Hill Lane
Durham, DH1 3LB
United Kingdom

HOME PAGE: http://https://www.dur.ac.uk/business/

Autonomous University of Barcelona ( email )

Plaça Cívica
Cerdañola del Valles
Barcelona, Barcelona 08193
Spain

Fundación ECSIM Centro de Estudios en Economía Sistémica ( email )

Cr. 43 A # 6 sur – 26, of. 423-424-425
Medellín, Antioquia
Colombia

HOME PAGE: http://www.ecsim.org

Maribel Guerrero

University of Deusto - Deusto Business School ( email )

Camino de Mundaiz, 50
San Sebastian, 20012
Spain

María Noguera

Autonomous University of Barcelona ( email )

Plaça Cívica
Cerdañola del Valles
Barcelona, Barcelona 08193
Spain

Joan Torrent-Sellens

Independent ( email )

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