The purpose of this study is to investigate the relationships and impact of satisfaction with university education, job fitness, entrepreneurial motivation, entrepreneurial preparedness, and characteristics of their establishment to occupational satisfaction of young entrepreneur with college or university graduates.
The 2013 Graduates Occupation Mobility Survey(GOMS) conducted by the Korea Education Information Service was used as statistical data for the analysis. The subjects of this study were young entrepreneur, aged 22 to 39 years, who graduated from a college or university. 227 graduates were chosen for the final analysis. Multiple regression analysis was conducted to analyze the factors that influences their occupational satisfaction. The results of the study were as follows:
Firstly, infrastructure satisfaction of the higher education was positively associated with occupational satisfaction. On the other hand, satisfaction with the higher education’ curriculum was not statistically significant.
Secondly, as higher level of task difficulty compared to their own skill levels and as better congruence their majors and jobs, they positively impacted on occupational satisfaction. On the contrary, as lower level of task difficulty compared to their own performing levels, it negatively impacted on their occupational satisfaction.
Thirdly, self-initiation of entrepreneurial motivation and entrepreneurial preparedness was positively related to occupational satisfaction.
Fourthly, having employees and length of work hours per day negatively impacted on their occupational satisfaction. On the other hand, the level of income was not statistically significant.
The results of this study can provide fundamental data to make university policy to develop some career consulting programs. Based on the results of this study, a suggestion can be made that career development supportive services from the university for preliminary or potential entrepreneurs require some helpful programs to promote the students to challenge higher levels of task than what they have and to be inspired to build an entrepreneurial items related to their majors.