Entrepreneurial Perspective in Youth: An Exploration Through Cognitive, Attitudinal, And Procedural Competencies

Abstract

Entrepreneurship and entrepreneurial competencies are pivotal in a world characterized by economic instability and constant evolution. These competencies are not only valuable for individual success but also exert a positive impact on economic and social development. Presented below are the findings of a study aimed at analyzing the cognitive, attitudinal, and procedural competencies of youth in the western region and how these competencies interrelate and influence confidence levels in entrepreneurship within this population. The study employed a mixed-methods approach, encompassing exploratory, descriptive, and correlational levels of inquiry. The participants included 1154 young individuals residing in the municipalities of Funza and Mosquera, situated in the vicinity of the capital city of Colombia. The results confirm that all three examined competencies are positively interrelated and each significantly influences the level of confidence in entrepreneurship. Furthermore, the distribution of entrepreneurial confidence was observed as follows: 11.9% exhibited a high level, 78.3% demonstrated a moderate level, 9.3% displayed a low level, and 0.5% had a very low level. Nevertheless, significant challenges were also identified, calling for improvements in these areas.