Abstract
This study investigates the impact of demographic factors, prior exposure to self-employment and family background on entrepreneurial intention of Vietnamese business students. Three hundred seventy-two undergraduate and post-graduate business students from three universities in Ho Chi Minh City completed a self-administered questionnaire which was analyzed through Independent Sample T-test and One-way ANOVA. Demographic factors include gender, age ranges and education level, family background include parents’ employment status and parents’ immigrant status. Results evidence somewhat higher entrepreneurial intention in male students. Furthermore, students whose parents are self-employed score higher entrepreneurial intention, but the difference is not statistically significant. The same is evidenced for students whose parents are immigrants from rural areas to urban cities versus non-immigrant parents. Prior experience in self-employment also increases entrepreneurial intention, albeit again insignificantly. Age and education levels show practically no impact. These results are in clear contradiction to the state with state of-the art international literature, which evidences significance in all these impact factors.
Highlights
Entrepreneurship is a widely discussed topic in Vietnam and the role of entrepreneurs and private business sectors has been increasingly promoted by the Vietnamese government.1Business start-up programs are to inspire the young people’s entrepreneurial mindset, but more importantly an overall business start-up support program would be built, including many creative and effective activities
Vietnamese graduates struggle to look for jobs and business start-ups and selfemployment are seen as a strategic solution to create jobs for young people and contribute significantly to the country’s socio-economic development
The objective of this study is to further investigate, with a focus on Vietnam, such as demographic factors, family backgrounds and prior exposure to self-employment on entrepreneurial intention of business students
Summary
Entrepreneurship is a widely discussed topic in Vietnam and the role of entrepreneurs and private business sectors has been increasingly promoted by the Vietnamese government.1Business start-up programs are to inspire the young people’s entrepreneurial mindset, but more importantly an overall business start-up support program would be built, including many creative and effective activities. Vietnamese graduates struggle to look for jobs and business start-ups and selfemployment are seen as a strategic solution to create jobs for young people and contribute significantly to the country’s socio-economic development. According to Beeka and Rimmington (2011), entrepreneurship is one of the career options students may consider shortly before or immediately after graduation. In addition to personality traits, individual difference variables have been found to predict entrepreneurship (Ismail et al, 2009) They include age, gender, education, work experience and role models, family background and education (Hatak et al, 2015; Fatoki, 2014; Quan, 2012; Pablo-Lerchundi et al, 2015; Smith et al, 2016a, b; Yukongdi et al.,2017)
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