During current crisis and taking into account that different studies including Global Entrepreneurship Monitor demonstrate the ability of entrepreneurship to solve a lot of problems related to unemployment (Storey 1994 and White and Reynolds 1996) and to economic growth and to regional growth (Neck et al. 2003), it is very important to find out if University students have any intention to start up their own business, and the way the Universities can influence on students’ attitudes and their knowledge about entrepreneurship with the aim to facilitate a tendency to create their own business in the future (Wang and Wong 2004). Regarding this Honjo (2004) claims that entrepreneurship of young people can be a possible way to contribute to economic development of countries. Urbano and Toledano (2008) say that nowadays “there is a widespread belief that economic growth, employment creation and innovative potential are linked to the ability of modern societies to create new enterprises”.
Entrepreneurship is very important in current society, mostly during the current crisis, and it could be a way to employ future Tourism graduated students, if we take into account the labour insertion data of 2014 of Tourism graduated students provided by the Ministry of Education of Spain that is of 52.75 % (this data includes 51 Universities, being private 11 of them). Spanish data are used, because we do not have those of Portugal. High level of young people unemployment becomes a global problem as well; its estimated rate in countries belonging to the Organisation for Economic Co-operation and Development (OECD) is more than twice higher than the unemployment rate of adults. Portugal had a 34.5 % unemployment rate of young people in May 2014 that is higher than the EU rate of a 23.6 % (Eurostat 2014). This way the main goal of the European Commission is to cope with young people unemployment, so it is very important to analyze University functions: do Universities carry out any orientation programmes of job-placement for young people? Are entrepreneurial subjects important for education of young people?
If we take into account the fact that entrepreneurial future of a country will be a result of an appropriate combination of talent and knowledge, taking advantage of human capital in the best way possible, the role of Universities encouraging entrepreneurial spirit is essential. According to the GEM Portugal report (2012), education and academic training are very important for entrepreneurship. It is mandatory to strengthen entrepreneurial spirit and to reduce psychological and cultural barriers within the first phases of entrepreneurial process. Universities have to work with the aim to create potential entrepreneurs, very competitive young people with high educational level, having knowledge and tools to carry out their ideas and dreams. Haynie et al. (2009) consider that educational system must provide to the young people better education, filling a wide range of alternatives, identification of business opportunities and exploration.
There are a lot of studies speaking about entrepreneurial phenomenon, using different approaches and applying a wide range of theories according to the intended purpose, being considered this phenomenon an interdisciplinary and multidisciplinary field (Davidsson 1989). Thus, our starting point is to get to know models of entrepreneurial intentions, identified by Guerrero et al. (2008: 24): (1) Entrepreneurial Event Model (Shapero 1982), (2) Theory of Planned Behaviour (Ajzen 1991), (3) Entrepreneurial Attitude Orientation (Robinson et al. 1991), (4) Intentional Basic Model (Krueger and Carsrud 1993), (5) Entrepreneurial Potential Model (Krueger and Brazeal 1994), (6) Davidson model (Davidson 1995).
The studies carried out in this field are based on Shapero and Sokol (1982), Hyde (1989), Scherer et al. (1989, 1991) and Kolvereid’s (1996) models which tried to identify factors encouraging entrepreneurial initiative, and which claim that social or environmental factors can explain entrepreneurial behavior. These factors are formal, such as laws, rules, or informal, such as ideas, beliefs, attitudes, social values, codes of conduct (Díaz et al. 2007). Entrepreneurship as a topic has been studied from different points of view: psychological approach studies personal factors, it means profile of a person; socio-demographic, psychological and situational factors (Fuentes et al. 2013: 42) of an entrepreneur (Fig. 1).
On the other hand, there is a sociocultural or institutional approach, studying factors of the society and the environment, which influence on the decision of business start-up. The Institutional Theory of North (1990, 2005) forms part of this approach, it explains that institutions are the rules of the game in a society (North 1993), created because the rules and standards regularizing human behavior and human relationship exist (Fuentes et al. 2013). There are different studies carried out taking into account this approach (Hyde 1989; North 1993; Aponte 2002; Díaz et al. 2007).
A model created by Krueger and Brazeal (1994) is very important from psycho-sociological point of view. On one hand, it tries to conceptualize, and, on the other hand, to prove the idea of “entrepreneurial potential”. The model was developed using Shapero and Sokol’s studies (1982) on the Azjen’s Theory of Planned Behavior (1991). The study on entrepreneurship not only finds out a profile of an entrepreneur, and social or environmental factors, but also says that it is very important to make a decision to start up a business project. It offers a possibility to carry out a research in a new field; “personal intentions” (Fig. 2).
There are a lot of authors (Veciana et al. 2005; Díaz et al. 2007) that consider this model to be “the most appropriate approach for studying the intention as an explanatory factor for business start-up, due to its adjustment to the Institutional Theory”. Fuentes et al. (2013: 47) focuses this analysis on informal institutions: attitudes and perceptions. As it can be seen in the Figs. 1, 2, entrepreneurial intention depends on two factors in the model of entrepreneurial potential: perceived desirability and perceived viability. The first concept is defined as a level of attraction for a person of an idea to start up a business project, and perceived viability is a level of self-confidence to start up a business project. “This way, Krueger and Brazeal’s model (1994) establishes some relationship between perceptions of desirability and viability, credibility of being able to create a new enterprise, potential and “trigger incident” that makes somebody to make a decision (to create a new company)” (Fuentes et al. 2013: 49).
Between many factors, that favour entrepreneurial initiative university education can be distinguished, as it forms part of both psychological and sociocultural or institutional approaches. According to Fuentes et al. (2013: 49), Krueger and Brazeal think in their model that “potential can be provided by university education and by experience that can be achieved with practice”. Thus, education, and specially university one, can be used as a way to increase and encourage entrepreneurial spirit of students. Similarly, Samad Aghayi (2008: 873) claims that “expanding entrepreneurial organizational culture is one of the most important factors that can play a vital role in changing people’s tendency to self—occupation and entrepreneurship and prepares those people who have such culture for self—occupation labor market”.
Summarizing, the impact of entrepreneurial education has been recognized as one of the most important factors that can help young people to understand and to encourage an attitude towards entrepreneurial initiative (Gorman et al. 1997; Kourilsky and Walstad 1998), and for this reason, the responsible politicians assume that an increase of the level of entrepreneurial spirit, that is, according to Miller et al. (2009), a very important part of economic situation, can be achieved through education (European Commission 2006).
In this regard, the studies carried out by Hernangomez et al. (2005); Dohse and Walter (2010); Lanero et al. (2011); De Jorge-Moreno et al. (2012); Gerba (2012); Cabana-Villca et al. (2013); Yari et al. (2013); Bae et al. (2014), among others, are very interesting, because they study the level of significance of education and experience for a business start-up. Do Paço et al. (2011) made a review of recent studies that measure the impact of education on entrepreneurial spirit and entrepreneurial activity, and suggest that a positive relation between education and entrepreneurial spirit exists (Brice 2004; Hmieleski and Corbett 2006; Raposo et al. 2008a, b); entrepreneurial education based on development of competencies for entrepreneurship that includes knowledge, skills and abilities (Miller et al. 2009).
Although we have seen some studies in this regard (Genesca and Veciana Verges 1984; Veciana and Urbano 2004; Díaz et al. 2007; Fuentes et al. 2013), they analyze entrepreneurship in certain areas and take into account various degrees, i.e., studying the entrepreneurial profile of university students in general. However in our study, it seems important to determine whether the current curricular design of the degree in tourism (incipient studies in Portugal) within the framework of the European Higher Education Area, incorporates the tools and subjects needed to promote entrepreneurship among young people that are studying the degree or which studies must be adapted to comply with this objective in a country with a TEA rate (Total Early-Stage Entrepreneurial Activity rate) of 10 % in 2012; 7–8 of early-stage entrepreneurs per 100 individuals in adulthood [Global Entrepreneurship Monitor (GEM Portugal 2012)].
This paper analyzes entrepreneurial attitude and motivations that make University tourism students create their own companies. As a partial objective, we would like to know their degree of intentionality of creating a company, to find out their motivations and the obstacles that, according to the students, stop them from the realization of an idea they have, to determine factors that can influence on their entrepreneurial intentions, to know the entrepreneur’s image the students have, and, finally, to find out what the students can name as personal attributes a person has to have to become an entrepreneur. We would also like to know their point of view on Tourism degree’s ability to encourage students to become entrepreneurs.
Thus, this research lets us get an in-depth study of a student of Tourism degree, finding out his entrepreneurial attitudes. It can be the first step to wake up and encourage students’ interest for starting up their own business.