Machine learning analysis of the impact of entrepreneurial mindset dimensions on entrepreneurial intentions of students in EU member countries and an EU candidate country: comparative study
IntroductionThis study investigates and compare the students’ entrepreneurial mindset dimensions and intentions from EU member countries Italy, Austria, Sweden, and Greece, and an EU candidate country Bosnia and Herzegovina, which are important for fostering start-ups, economic development, and job...
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Frontiers Media S.A.
2025-03-01
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| Series: | Frontiers in Education |
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| Online Access: | https://www.frontiersin.org/articles/10.3389/feduc.2025.1489724/full |
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| author | Mirza Pasic Bojan Jovanovski Faris Ferizbegovic Mugdim Pasic |
| author_facet | Mirza Pasic Bojan Jovanovski Faris Ferizbegovic Mugdim Pasic |
| author_sort | Mirza Pasic |
| collection | DOAJ |
| description | IntroductionThis study investigates and compare the students’ entrepreneurial mindset dimensions and intentions from EU member countries Italy, Austria, Sweden, and Greece, and an EU candidate country Bosnia and Herzegovina, which are important for fostering start-ups, economic development, and job creation. By analyzing students’ entrepreneurial mindset dimensions, demographic and academic characteristics, and availability of resources, the research aims to identify factors that impact students’ entrepreneurial intentions. Findings provide valuable insights into how these factors vary across different educational, economic, and social contexts with guidance for enhancing education to better support students’ entrepreneurial aspirations.MethodsMachine learning Random Forest was used to analyze the impact of entrepreneurial mindset dimensions, resources, and demographic and academic characteristics on students’ entrepreneurial intentions of students from EU member countries and Bosnia and Herzegovina. SHapley Additive exPlanations (SHAP) values were utilized to analyze feature importances and contributions to the model’s predictions. Statistical hypothesis tests were also conducted to compare differences of students’ entrepreneurial mindset dimensions, intentions and availability of resources between the EU member countries and Bosnia and Herzegovina.ResultsHigh values of entrepreneurial mindset dimensions have positive impact on entrepreneurial intentions in both EU member countries and Bosnia and Herzegovina. The availability of resources and orientation to innovations were the most impactful features for students in EU and Bosnia and Herzegovina, respectively. Gender and academic characteristics showed minimal influence. There are no significant differences in all dimensions between EU member countries and Bosnia and Herzegovina, except for confidence dimension and entrepreneurial intentions, which are significantly greater in Bosnia and Herzegovina.DiscussionFindings suggest that tailored educational interventions focusing on key entrepreneurial mindset dimensions and resource access could significantly enhance entrepreneurial intentions among students. For policymakers and educators, this study provides a foundation for developing targeted strategies that align with the specific contexts of both EU member countries and Bosnia and Herzegovina. In this way higher education institutions can better support students’ entrepreneurial aspirations, contributing to broader economic development and job creation. This research offers recommendations for improving entrepreneurship education across diverse educational, economic, and social contexts and more balanced and inclusive economic development in Europe. |
| format | Article |
| id | doaj-art-14840a5e66f74dd79c9b33caeb52beac |
| institution | DOAJ |
| issn | 2504-284X |
| language | English |
| publishDate | 2025-03-01 |
| publisher | Frontiers Media S.A. |
| record_format | Article |
| series | Frontiers in Education |
| spelling | doaj-art-14840a5e66f74dd79c9b33caeb52beac2025-08-20T03:00:06ZengFrontiers Media S.A.Frontiers in Education2504-284X2025-03-011010.3389/feduc.2025.14897241489724Machine learning analysis of the impact of entrepreneurial mindset dimensions on entrepreneurial intentions of students in EU member countries and an EU candidate country: comparative studyMirza Pasic0Bojan Jovanovski1Faris Ferizbegovic2Mugdim Pasic3Department of Industrial Engineering and Management, Faculty of Mechanical Engineering, University of Sarajevo, Sarajevo, Bosnia and HerzegovinaFH Joanneum University of Applied SciencesInstitute of International Management and Entrepreneurship, Graz, AustriaDepartment of Industrial Engineering and Management, Faculty of Mechanical Engineering, University of Sarajevo, Sarajevo, Bosnia and HerzegovinaDepartment of Industrial Engineering and Management, Faculty of Mechanical Engineering, University of Sarajevo, Sarajevo, Bosnia and HerzegovinaIntroductionThis study investigates and compare the students’ entrepreneurial mindset dimensions and intentions from EU member countries Italy, Austria, Sweden, and Greece, and an EU candidate country Bosnia and Herzegovina, which are important for fostering start-ups, economic development, and job creation. By analyzing students’ entrepreneurial mindset dimensions, demographic and academic characteristics, and availability of resources, the research aims to identify factors that impact students’ entrepreneurial intentions. Findings provide valuable insights into how these factors vary across different educational, economic, and social contexts with guidance for enhancing education to better support students’ entrepreneurial aspirations.MethodsMachine learning Random Forest was used to analyze the impact of entrepreneurial mindset dimensions, resources, and demographic and academic characteristics on students’ entrepreneurial intentions of students from EU member countries and Bosnia and Herzegovina. SHapley Additive exPlanations (SHAP) values were utilized to analyze feature importances and contributions to the model’s predictions. Statistical hypothesis tests were also conducted to compare differences of students’ entrepreneurial mindset dimensions, intentions and availability of resources between the EU member countries and Bosnia and Herzegovina.ResultsHigh values of entrepreneurial mindset dimensions have positive impact on entrepreneurial intentions in both EU member countries and Bosnia and Herzegovina. The availability of resources and orientation to innovations were the most impactful features for students in EU and Bosnia and Herzegovina, respectively. Gender and academic characteristics showed minimal influence. There are no significant differences in all dimensions between EU member countries and Bosnia and Herzegovina, except for confidence dimension and entrepreneurial intentions, which are significantly greater in Bosnia and Herzegovina.DiscussionFindings suggest that tailored educational interventions focusing on key entrepreneurial mindset dimensions and resource access could significantly enhance entrepreneurial intentions among students. For policymakers and educators, this study provides a foundation for developing targeted strategies that align with the specific contexts of both EU member countries and Bosnia and Herzegovina. In this way higher education institutions can better support students’ entrepreneurial aspirations, contributing to broader economic development and job creation. This research offers recommendations for improving entrepreneurship education across diverse educational, economic, and social contexts and more balanced and inclusive economic development in Europe.https://www.frontiersin.org/articles/10.3389/feduc.2025.1489724/fullentrepreneurial intentionentrepreneurial mindsetmachine learningrandom forestSHAPhypothesis tests |
| spellingShingle | Mirza Pasic Bojan Jovanovski Faris Ferizbegovic Mugdim Pasic Machine learning analysis of the impact of entrepreneurial mindset dimensions on entrepreneurial intentions of students in EU member countries and an EU candidate country: comparative study Frontiers in Education entrepreneurial intention entrepreneurial mindset machine learning random forest SHAP hypothesis tests |
| title | Machine learning analysis of the impact of entrepreneurial mindset dimensions on entrepreneurial intentions of students in EU member countries and an EU candidate country: comparative study |
| title_full | Machine learning analysis of the impact of entrepreneurial mindset dimensions on entrepreneurial intentions of students in EU member countries and an EU candidate country: comparative study |
| title_fullStr | Machine learning analysis of the impact of entrepreneurial mindset dimensions on entrepreneurial intentions of students in EU member countries and an EU candidate country: comparative study |
| title_full_unstemmed | Machine learning analysis of the impact of entrepreneurial mindset dimensions on entrepreneurial intentions of students in EU member countries and an EU candidate country: comparative study |
| title_short | Machine learning analysis of the impact of entrepreneurial mindset dimensions on entrepreneurial intentions of students in EU member countries and an EU candidate country: comparative study |
| title_sort | machine learning analysis of the impact of entrepreneurial mindset dimensions on entrepreneurial intentions of students in eu member countries and an eu candidate country comparative study |
| topic | entrepreneurial intention entrepreneurial mindset machine learning random forest SHAP hypothesis tests |
| url | https://www.frontiersin.org/articles/10.3389/feduc.2025.1489724/full |
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