Abstract
Entrepreneurship is a process of creating realizing values for entrepreneurs. The entrepreneurial activities play quite important roles in promoting economic and social development. While the development of entrepreneurship in Malaysia and Nigeria is growing very fast, there have been few studies on entrepreneurship and the factors that influence intentions to become entrepreneurs. In the field of entrepreneurial research, the motivation factors which lead people to leave their comfort zone, take financial risks, abandon their high-income jobs to pursue their own business is always an interesting topic. For these reasons, in recent decades, the problems of entrepreneurship have become a focus for many scholars and policy makers. This paper examines the attributes that influences entrepreneurship intention in Malaysia and Nigeria. Data were collected from universities of the two countries. This study applies a quantitative approach with statistical techniques using descriptive statistics. The output of this study is expected to significantly contribute to business owners as well as decision makers.
Highlights
Many researchers have been trying to identify the causes of entrepreneurship intention with a plethora of literature on the subject over the past decades
The results shows that the Q2 value of entrepreneurial intention for both Malaysia and Nigeria were 0.11 and 0.19
Hypothesis 1 proposed that creativity has an influence on entrepreneurial intention among undergraduates in public university
Summary
Many researchers have been trying to identify the causes of entrepreneurship intention with a plethora of literature on the subject over the past decades. This research focuses on attributes of creativity, risk taking and responsive towards entrepreneurial intention in Malaysia and Nigeria. Some researchers have proposed new models about entrepreneurial intentions (Davidsson, 1995; Elfving, Brännback, &Carsrud, 2009; Krueger &Brazeal, 1994) These models analyze different factors affecting individual’s entrepreneurial intentions. Risk taking is defined as an element of the personal properties of entrepreneurs, which is crucial for the decision to enter an entrepreneurship career or to found a new startup firm and for the small firms’ development and success (Antoncic, Antoncic&Gantar, 2012; Gantar, Antoncic, Antoncic, 2013). Responsive placed on enterprises and entrepreneurs that respond actively to a changing environment and do so based on their own specific identities and responsibilities Besides that, it concentrates on the question of how individual entrepreneurs adjust their business model at critical points in time on the basis of innovation (updating or changing existing – operational or nonoperational - processes) and/or more emphasis on sustainability (a different approach to scarce resources or stakeholders). Entrepreneurial Event Theory The Entrepreneurial Event Model was developed by Shapero and Sokot (1982) to explain the interrelationship between cultural and social factors www.psychologyandeducation.net
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