Redete 2016: Entrepreneurial Intentions in Selected South - East European Countries

Entrepreneurship has an increasingly important role in economic growth and development in both developed and underdeveloped countries. Entrepreneurial behavior has received significant scholarly attention from various academic disciplines (e.g. Shane and Venkataraman, 2000; Busenitz et al, 2003; van Praag and Versloot, 2007; Shepherd and Williams, 2015). During the last few years, unemployment of young people in the EU and non – EU developing countries has remained one of highest in comparison with other more vulnerable segments of the labor market. Entrepreneurial intention is the intention of an individual to start a new business (Krueger, 2009). It represents a mental orientation such as desire, wish and hope influencing individual’s choice of entrepreneurship (Peng, Lu and Kang, 2012). Intentions are considered the single best indicator of actual behavior (Ajzen, 1991)