Acehnese Student Entrepreneurs: Problems and Determinant Factors of Success

Usman, Amru and Bachri, Naufal and Madjid, Iskandarsyah (2014) Acehnese Student Entrepreneurs: Problems and Determinant Factors of Success. In: The International Conference on Entrepreneurship (IEC) 2014, 15-16 May 2014, Istanbul.

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Abstract

Previous research found that a significant group of entrepreneurs in the economy is a fresh university graduates who are able to access education around the world. The fresh graduates not only face a wide selection of career-related decisions in government or private, but they also need to raise awareness of entrepreneurship and self-employment as an alternative to career. The main objective of this study was to identify factors that encourage students to be entrepreneurs, to investigate the constraints that faced the students to be entrepreneurs and the factors that contribute to the success of students’ entrepreneurs in Aceh, Indonesia. This research is a qualitative study using a grounded theory approach in order to determine the factors that influence the success of entrepreneurs among students. In this study, the samples are the students who have been in business minimum of 3 years. Students who are selected are those who study in Syiah Kuala University and University of Malikussaleh in Aceh, with consideration aspects is easy to be found, owner of the business and the known of a business carried on. Amount 15 students have success- fully met and interviewed to answer the issues raised in this study. The results of this study indicate that almost all respondents doing business differently at the moment with the type of business done at the first time once they start the business. The internal factors motivated the students being entrepreneurs were to help their parents, family’s financial situation does not allow for the students to go to college to be a trigger factor for them to raise funds that can be used in order to go to college. The internal aspect of the students who did not want to work as an employee is also a major factor that motivates them to be entrepreneurs. While the external factors motivated the student being an entrepreneur because of their friends who are already successful in business. The results show that the internal factor is more motivated student to be an entrepreneur than the external factors. The results of this study also found hard work, discipline and motivation to be the major factor of the success of a business carried on by the students in Aceh province, Indonesia.

Item Type: Conference or Workshop Item (Paper)
Subjects: E Economy, Accounting, Development > E12 Management
Divisions: Faculty of Economic and Business > Department of Management
Depositing User: Dr Naufal Bachri, SE, MBA
Date Deposited: 19 Apr 2018 14:37
Last Modified: 19 Apr 2018 14:37
URI: http://repository.unimal.ac.id/id/eprint/3577

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