South African Generation Y students’ intention towards ecopreneurship

Orientation: It has been argued that the solution to the deteriorating state of the natural environment should not simply be one of regulation but rather of innovation. As such, entrepreneurship or, more specifically, ecopreneurship has been identified as a possible solution. Research purpose: This...

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Autores principales: Carmen Strydom, Natanya Meyer, Costa Synodinos
Formato: article
Lenguaje:EN
Publicado: AOSIS 2021
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Acceso en línea:https://doaj.org/article/382eecfbcec74693aa835e8271ccab82
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spelling oai:doaj.org-article:382eecfbcec74693aa835e8271ccab822021-11-24T07:29:05ZSouth African Generation Y students’ intention towards ecopreneurship2413-19031684-199910.4102/ac.v21i1.910https://doaj.org/article/382eecfbcec74693aa835e8271ccab822021-10-01T00:00:00Zhttps://actacommercii.co.za/index.php/acta/article/view/910https://doaj.org/toc/2413-1903https://doaj.org/toc/1684-1999Orientation: It has been argued that the solution to the deteriorating state of the natural environment should not simply be one of regulation but rather of innovation. As such, entrepreneurship or, more specifically, ecopreneurship has been identified as a possible solution. Research purpose: This study’s primary objective was to determine Generation Y students’ intention towards becoming ecopreneurs within the context of South Africa. Motivation of study: Research regarding ecopreneurship is still scarce within academic literature both globally and in South Africa. This study aims to address this research gap. Research design, approach and method: A quantitative research approach was followed using a descriptive, cross-sectional research design. A structured questionnaire was used to collect data from 522 students across three Higher Education Institutions in South Africa. The statistical analysis used to analyse the collected data included exploratory factor analysis, descriptive analysis, and correlation analysis. Main findings: This study’s findings indicate that university students belonging to the Generation Y cohort in South Africa display positive intentions towards becoming ecopreneurs. The students’ intentions were, however, lower than their reported knowledge and concern for the environment. All constructs used yielded positive results, albeit to varying degrees and a positive correlation between them were noted. Practical/managerial implications: Generation Y university students in South Africa display positive intentions towards becoming ecopreneurs. Thus, support to assist them in starting such ventures should be prioritised by incubation programmes and governments funding opportunities. Contribution/value-add: This study contributes to the existing literature on entrepreneurship, ecopreneurship, environmentalism and Generation Y students in the South African context.Carmen StrydomNatanya MeyerCosta SynodinosAOSISarticleecopreneurshipecopreneurgreen entrepreneurshipentrepreneurshipintentionenvironmentgeneration ysouth africaManagement. Industrial managementHD28-70BusinessHF5001-6182ENActa Commercii, Vol 21, Iss 1, Pp e1-e12 (2021)
institution DOAJ
collection DOAJ
language EN
topic ecopreneurship
ecopreneur
green entrepreneurship
entrepreneurship
intention
environment
generation y
south africa
Management. Industrial management
HD28-70
Business
HF5001-6182
spellingShingle ecopreneurship
ecopreneur
green entrepreneurship
entrepreneurship
intention
environment
generation y
south africa
Management. Industrial management
HD28-70
Business
HF5001-6182
Carmen Strydom
Natanya Meyer
Costa Synodinos
South African Generation Y students’ intention towards ecopreneurship
description Orientation: It has been argued that the solution to the deteriorating state of the natural environment should not simply be one of regulation but rather of innovation. As such, entrepreneurship or, more specifically, ecopreneurship has been identified as a possible solution. Research purpose: This study’s primary objective was to determine Generation Y students’ intention towards becoming ecopreneurs within the context of South Africa. Motivation of study: Research regarding ecopreneurship is still scarce within academic literature both globally and in South Africa. This study aims to address this research gap. Research design, approach and method: A quantitative research approach was followed using a descriptive, cross-sectional research design. A structured questionnaire was used to collect data from 522 students across three Higher Education Institutions in South Africa. The statistical analysis used to analyse the collected data included exploratory factor analysis, descriptive analysis, and correlation analysis. Main findings: This study’s findings indicate that university students belonging to the Generation Y cohort in South Africa display positive intentions towards becoming ecopreneurs. The students’ intentions were, however, lower than their reported knowledge and concern for the environment. All constructs used yielded positive results, albeit to varying degrees and a positive correlation between them were noted. Practical/managerial implications: Generation Y university students in South Africa display positive intentions towards becoming ecopreneurs. Thus, support to assist them in starting such ventures should be prioritised by incubation programmes and governments funding opportunities. Contribution/value-add: This study contributes to the existing literature on entrepreneurship, ecopreneurship, environmentalism and Generation Y students in the South African context.
format article
author Carmen Strydom
Natanya Meyer
Costa Synodinos
author_facet Carmen Strydom
Natanya Meyer
Costa Synodinos
author_sort Carmen Strydom
title South African Generation Y students’ intention towards ecopreneurship
title_short South African Generation Y students’ intention towards ecopreneurship
title_full South African Generation Y students’ intention towards ecopreneurship
title_fullStr South African Generation Y students’ intention towards ecopreneurship
title_full_unstemmed South African Generation Y students’ intention towards ecopreneurship
title_sort south african generation y students’ intention towards ecopreneurship
publisher AOSIS
publishDate 2021
url https://doaj.org/article/382eecfbcec74693aa835e8271ccab82
work_keys_str_mv AT carmenstrydom southafricangenerationystudentsintentiontowardsecopreneurship
AT natanyameyer southafricangenerationystudentsintentiontowardsecopreneurship
AT costasynodinos southafricangenerationystudentsintentiontowardsecopreneurship
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