Entrepreneurial intention benefitting from education, training and competence: Egypt and Iran

Abstract

The question is, for adults in Egypt and Iran, are education, training and competencies positively interrelated and is this human capital benefitting intention to start a business?– Data on people’s human capital and intentions have been collected by the Global Entrepreneurship Monitor in 2008. The sample is 2,068 adults in Egypt and 2,610 adults in Iran who were not owning-managing a starting or operating business. Multivariate analyses reveal considerable effects of human capital in Egypt and Iran. Education benefits training, training during schooling benefits training after schooling, education and training largely benefit competencies such as self-efficacy and opportunity-alertness and education, training and competencies all benefit intention to start a business, but effects differ between Egypt and Iran. The study is valuable and original by demonstrating considerable effects of higher education that are channelled through training and competencies and raise performance, with generalisation from samples to adults in Egypt and Iran.

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