
Financial literacy gaps hold back Gen Z entrepreneurship
Published on: Sept. 15, 2025, 7:15 a.m. | Source: Devdiscourse
Students with high levels of objective literacy are more likely to demonstrate entrepreneurial interest. However, the effect is only marginally stronger than that of self-assessed literacy. In contrast, calibration proves decisive. Those who correctly evaluate their own skills show the highest entrepreneurial engagement, while students who overestimate or underestimate their knowledge tend to withdraw from business ambitions.