Abstract
This study has investigated the extent to which individual and contextual factors determine the entrepreneurial intention in Bangladesh. Also, this study examined the comparative impact of both individual and contextual factors on entrepreneurial intentions. Sample data (n = 270) have been collected through using a survey questionnaire from a renowned public university of Bangladesh. This study has applied both correlation analysis and hierarchical regression for testing the hypotheses. Total eight hypotheses are tested to examine the influence of seven independent variables on entrepreneurial intentions, in which six factors have been found as significant predictors of entrepreneurial intentions. The correlation analysis revealed that risk-taking, locus of control, self-efficacy, and job autonomy are significantly correlated with entrepreneurial intention at 5% significance level. The regression result indicated that individual factors such as risk-taking, locus of control, self-efficacy, and job autonomy and contextual factors such as social networks and university educational program have positive effect on entrepreneurial intention. The study also found out that individual factors have more influence on entrepreneurial intentions than contextual variables. This paper also offers some implications for academic scholars.
Highlights
Bangladesh is experiencing an increasing GDP growth rate over the last few years; still, the escalating rate of unemployment has become a burning issue for the policymakers
Total eight hypotheses are tested to examine the influence of seven independent variables on entrepreneurial intentions, in which six factors have been found as significant predictors of entrepreneurial intentions
University ed- to pursue the entrepreneurial careers than contexucational program (UEP) appeared as a significant tual factors. This current study imperatively emphasizes on the effective understanding of driving factors of student’s entrepreneurial intentions (EI) as prospective entrepreneurs
Summary
Bangladesh is experiencing an increasing GDP growth rate over the last few years; still, the escalating rate of unemployment has become a burning issue for the policymakers. It is essential to understand the entrepreneurial intention that would likely to reinforce the entrepreneurship (Al-Jubari, Hassan, & Liñán, 2018) This context motivates the authors of this study to investigate the determinants of Bangladeshi students’ entrepreneurial intention to provide the strategic implications for the academicians and country policymakers so that they could facilitate the entrepreneurial activities among the graduate students to fight against growing unemployment. Prior entrepreneurship research studies have examined the influence of demographic, psychological, and contextual factors on entrepreneurial intention (taking students as their ideal sample), whereas the majority of the studies examined those factors rather separately. This current research study seeks to add value to the entrepreneurship literature in various ways. The purpose of this research is to determine the factors, which may influence the students’ entrepreneurial intention to pursue an entrepreneurial career in Bangladesh context
Sign-in/Register to view highlights & summary Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
