Impact of Self-Efficacy on Entrepreneurial Intention of Business Students

Abstract

Entrepreneurs play a vital role in the economic development and sustainability of any country. Entrepreneurship also helps in creating employment in the country and alleviating poverty. Developing an entrepreneurial ecosystem can ease the entrepreneurial culture in a country. This objective of the study highlighted the relationship of self-efficacy and entrepreneurial intentions of the entrepreneurs before launching any new business. These factors explained the hurdles faced by the entrepreneurs before starting any new business. For this purpose, a semi-structured questionnaire was utilized by the researcher as the research instrument. Primary data was collected from the students at different universities from different geographical locations and different academic backgrounds of Faisalabad. The purposive sampling technique used with sample size of 200 and different statistical tools would be applied to make an analysis. This study would be helpful to the practitioners, academia and entrepreneurs who are willing to enter the field of entrepreneurship. This study would highlight the entrepreneurial intentions of the students from entering the field of entrepreneurship.