Determinants of Entrepreneurial Intention of Business Students in Bangladesh

Abstract

Working on entrepreneurship bears special significance for country like Bangladesh where density of populationis very high. It is really a great challenge for the country to accommodate such a large population. Developingthe determinants on entrepreneurial intention can take the country a step ahead for the improvement ofentrepreneurial culture. Nurturing such culture will flourish entrepreneurship development which can createscope for accommodating substantial number of people. In this backdrop, this study has tested a causal model incontext of business students of Bangladesh to identify what determines their intentions to be an entrepreneur. Forthis purpose data were collected from the business students studying at Bachelor and Master Level in public andprivate universities. From the previous literature, variables like risk taking, locus of control, need forachievement, autonomy, challenges, security of job, environment for staring business and entrepreneurialeducation offered by Universities have been tested using multiple regression model. The model results showtendency of taking risk, need for achievement, education and environment for starting business, job security arestatistically significant in determining the intention of students where except job security, variables are foundpositively related.