The Entrepreneurial Motivations and Barriers for Technical University Students in Taiwan

This study aims to investigate perceptions of entrepreneurial motivation and barriers for technical university students in Taiwan. Questionnaire survey was conducted in this research. A total of 1360 questionnaires were distributed to 34 technical universities in Taiwan. After eliminating the questionnaires with incomplete answers and invalid ones, there were 847 effective samples from 22 technical universities, with a valid return rate of 64.16%. The results indicated that the top three motivation of start a business for technical students (in descending order of mean scores) is “creating something of my own”, “the chance to implement my own ideas” and “personal independence”. The top three barriers of start a business for technical students (in descending order of mean scores) is “lack of initial capital”, “lack of knowledge of the business world and the market”, and “lack of a high level of entrepreneurial competence”. The motivations of start a new business for Taiwan’s technical students are similar with the US students. But in entrepreneurial barriers is little difference.