Impact of Personal factors on Entrepreneurial Intention: A study among University Students
Journal Title: IOSR journal of Business and Management - Year 2018, Vol 20, Issue 1
Abstract
As is synonymous with self-employed entrepreneurship is believed to be an effective strategy in handling the issue of employability, particularly among the youths. Understanding of the factors.it is crucial to understand factors that predict entrepreneurial intention as scholars from overseashas been widely studied, and still it remains question in local setting, particularly in our country like continues to be unclear. By extending Ajzen's (1991) theory of planned behavior (TPB) to study entrepreneurial intention among university studentsspecifically to identify and measure personal factors, acts as independent variables; meanwhile, attitude, social norm, perceived behavioral control act as the mediating variables. Design/methodology/approach: In this study both primary and secondary data are used to achieve the research objectives. Primary data is collected from 224 students of different faculties from Islamic university of science and technology (IUST) by administering the research instrument i.e. questionnaire while secondary data is examined to develop more insights into the research problem and research instrument. The data analysis methods employed descriptive statistics, ANOVA correlation and regression model. Findings: The paper findings revealed that there are several personal factors that impact entrepreneurialintention to university students from opening new businesses, which aresocial networking, lack of skills, family background, education level, previous work experience and fear of unemployment. Whereas self-confidence does not have significant impact on the same.
Authors and Affiliations
Gohar Abbas Khan, Rishi Dubey
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