Intentions and motives for starting own business by students in entrepreneurship in Bulgaria and Indonesia

This study highlights the significance of youth entrepreneurship, as well as entrepreneurship education in Bulgaria and Indonesia. The paper synthesizes the main scientific discoveries in the fields of entrepreneurial intentions and motivations, focusing on those of young people. The insights from this study are obtained from an empirical survey conducted among bachelor students specializing in entrepreneurship in Bulgaria and Indonesia. The results reveal the strong positive attitude of the respondents towards the entrepreneurial initiative and concrete intentions to undertake one in the future. Their major motives are connected not only with pursuing personal goals such as work satisfaction, self-realization, higher income, flexibility, and freedom, but also with the opportunity to do something useful for the society. The importance of this study lies in its contribution to understanding whether and why young people aspire to establish new enterprises. Such understanding could help create a good environment for new businesses, which is important for the economy and solve social problems in both countries.