Understanding the Entrepreneurial Mindset: Why Engineering Students Choose Startups Over Traditional Careers

Prof. Ehtesham, Ahmad and Aaisha, Aleem (2024) Understanding the Entrepreneurial Mindset: Why Engineering Students Choose Startups Over Traditional Careers. International Journal of Trend in Scientific Research and Development, 8 (6). pp. 956-962. ISSN 2456-6470

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Abstract

This study explores the factors influencing engineering students' preference for entrepreneurship over traditional career paths, focusing on emerging economies like India. Recent trends indicate a significant shift among engineering graduates toward startups driven by opportunities for innovation, autonomy, financial independence, and societal impact. Entrepreneurship offers students an avenue to apply technical expertise and creative problem-solving skills in real-world contexts, often surpassing the constraints of conventional employment. Through an exploratory quantitative methodology, data were collected via a questionnaire of 270 engineering students from the top five developed cities in Uttar Pradesh, including Lucknow, Kanpur, Noida, Varanasi, and Prayagraj. Principal Component Analysis revealed that autonomy, financial rewards, practical skill application, leadership, and personal growth drive entrepreneurial aspirations. Students are particularly drawn to creating their ventures, managing teams, and contributing to economic growth through job creation. The research highlights critical challenges, including financial constraints, regulatory hurdles, and societal expectations, which deter students from pursuing entrepreneurial careers. It also underscores the pivotal role of educational institutions in fostering entrepreneurial intent by integrating entrepreneurship into engineering curricula, offering experiential learning opportunities, and providing access to resources like mentorship and funding. This study provides suitable suggestions for educators, policymakers, and industry stakeholders to create supportive ecosystems that encourage and sustain entrepreneurial ambition among engineering students. By aligning education with the needs of a dynamic startup ecosystem, stakeholders can empower students to drive technological innovation and contribute to economic development.

Item Type:	Article
Subjects:	L Education > L Education (General)
Divisions:	Postgraduate > Master's of Islamic Education
Depositing User:	Journal Editor
Date Deposited:	12 Dec 2024 11:06
Last Modified:	12 Dec 2024 11:06
URI:	http://eprints.umsida.ac.id/id/eprint/14816

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