The Effect of the University Entrepreneurial-environment on Entrepreneurship: Mediating Effects of Discovering-entrepreneurial-opportunities

Based on the Global Entrepreneurship Monitor(GEM) model, this study studied the effect of the Entrepreneurial-environment (Entrepreneurial-education, Entrepreneurial-support-policy) on the Entrepreneurship of students in the metropolitan area, targeting students who are cultivating Entrepreneurship by creating a Entrepreneurial-environment. Unlike previous domestic studies that focused on the effect of Entrepreneurship on Entrepreneurial-intentions and Business-performance, this study aimed to explain the relationship of antecedent variables affecting Entrepreneurship. The Entrepreneurial-environment within the university was diversified into Entrepreneurial-education and Entrepreneurial-support-policies, which were set as independent variables. Entrepreneurial-opportunity discovery was set as a mediating variable, and Entrepreneurship was set as a dependent variable. This study derived its results through hierarchical regression analysis based on 164 questionnaires collected from three universities in the metropolitan area. Looking at the analysis results, first, it was found that Entrepreneurial-education has an effect on Entrepreneurship. Second, it was found that the Entrepreneurial-support-policy has an effect on Entrepreneurship. Third, it was found that Entrepreneurial-education has an effect on Entrepreneurship through the discovery of Entrepreneurial-opportunities. It was found that the Entrepreneurial-support-policy did not affect Entrepreneurship through the discovery of Entrepreneurial-opportunities. This study is meaningful in approaching the Entrepreneurial-environment as a multidimensional concept, presenting it as a Entrepreneurial-education and Entrepreneurial-support-policy, and empirically confirming the effective factors that affect the Entrepreneurship of college students. In addition, rather than creating a Entrepreneurial-environment that is biased toward Entrepreneurial-education or biased only toward Entrepreneurial-support-policies, it suggests that various Entrepreneurial-environment such as the opportunity-capturing Entrepreneurship-model suggested by GEM should be properly created.