Impacts of Argentina's crisis in 2018/2019 on students' entrepreneurial characteristics during the pre-start-up process

• Published in: Journal of the International Council for Small Business (Print) Vol. 3; no. 3; pp. 191 - 197
• Main Authors: Danko, Benjamin, Ascúa, Rubén, Ruda, Walter
• Format: Journal Article
• Language: English
• Published: Routledge 03.07.2022
• Subjects: Argentina; entrepreneurial characteristics; Pre-start-up process; university students
• ISSN: 2643-7015; 2643-7023
• DOI: 10.1080/26437015.2021.1965505

University students have been surveyed regarding entrepreneurial characteristics before and during the Argentine politico-economic crisis in 2018/2019. In 2019 the country's unemployment rate reached its peak since 2006. During crises self-employment is considered more often, and higher rates of start-ups creating high-skilled labor could counter Argentina's innovation gap. The during-crisis students are more necessity-driven to business creation than their stronger opportunity-driven pre-crisis counterparts. Students as potential founders of innovative start-ups require demand-oriented entrepreneurship support at their universities, which enables continuous individual learning processes creating fundamental entrepreneurial qualifications and facilitating business opportunity recognition and assessment. Currently, a promising starting point is inciting the students' pull motives to business creation.