The aim of this chapter is to explore the contribution of university students' ability self to their perceptions of their employability in relation to the entrepreneurship. In a survey, we asked how students position themselves to the forthcoming working life according to their perceptions of their abilities. It was found that the students' current and expected ability selves pertained to their perceptions of employability and intention of becoming an entrepreneur. It appears that the contributions of enterprise and academic skills to the students' perceptions of their employability are approximately opposite. As to enterprise skills, there may be two overlapping ways in which students see their employment in a pessimistic light: first, due to perceived insufficiency of these skills and second, due to the acknowledgment of the frightening importance of these skills. It seems that academic assets do not resonate with the tenets of entrepreneurship, which may manifest in identity-related tensions.
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