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Should a young entrepreneur do a crowdfunding cam-paign? A study among Portuguese higher education business students

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Young entrepreneurs, especially the most qualified students, have recently begun to play a new role in the economy and to emerge as protagonists of new business projects, mainly focusing on market niches. Despite the growth that crowdfund-ing (CF) has experienced in recent years all over the world, it is a tool still under-exploited by young entrepreneurs. This communication aims to understand the behaviour of potential young entrepreneurs towards CF and to analyse their pre-disposition to use this source of financing for starting a new venture in the tour-ism and hospitality industry. To achieve this goal, this communication uses a quantitative approach with prima-ry data collected through an online survey. The results of the study indicate that potential young entrepreneurs have a low predisposition to use CF as a funding mechanism. This behaviour is influenced by the characteristics of potential entrepreneurs, especially gender and past expe-riences in creating organisations and using collaborative financing.

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Young entrepreneurship Crowdfunding Tourism and hospitality industry Predisposition Portugal

Citation

 Bernardino, S., Freitas Santos, J. (2021) . Should a young entrepreneur do a crowdfunding campaign? A study among Portuguese higher education business students. 3rd International Conference on Tourism Technology & Systems, Cartagena de Indias, Colombia, 4-6 November, 2021.

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