Abstract

Nowadays, entrepreneurship has become an important concept in economic, social, and political aspects of our lives. In addition, research on entrepreneurship and significant factors which influence entrepreneurs’ intention has become a topic of interest for scholars in many countries. In the past few years, the number of universities offering entrepreneurship courses have increased dramatically, which indicates the increasing importance of entrepreneurship in social, economic, and political dimensions. This research in entrepreneurship has adopted intention models based on Ajzen’s theory of Planned Behavior and aims to find out the relationship among influential factors of entrepreneurial intention (i.e., education, previous experience, attitude, subjective norms, and perceived behavioral control) and investigate their effects on entrepreneurial intention. The study was carried out with postgraduate students and the data was collected from 380 male and female master students in Universiti Teknologi Malaysia (UTM) who were in their final year of study. The results showed that there were statistically positive significant relationships among education, subjective norms, and perceived behavioral control of postgraduate students. However, there was no statistical relationship between education and attitude. The results might be helpful for the governments and university policy makers who try to motivate students to become entrepreneurs.

Highlights

  • Entrepreneurship is a concept most connected with job, business creation and economic growth (Gartner, 1989)

  • H2: The greater the subjective norms regarding entrepreneurship, the higher are the entrepreneurial intensions of postgraduate students

  • The results of the analysis demonstrated that the higher level of perceived behavioral control towards entrepreneurship is linked to the higher level of entrepreneurial intensions, and vice versa

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Summary

Introduction

Entrepreneurship is a concept most connected with job, business creation and economic growth (Gartner, 1989). In 18th century, the vital role of entrepreneurship was noticed by scientists, economists and governments. It was linked with growth and success of country, as well as revolution in economies with new products and methods. Personality traits are based on traits theory, and early researchers believed that people with certain characteristics are more likely to become an entrepreneur (Gartner, 1989). Some of the key personality characteristics linked to entrepreneurship are risk-taking, innovation, autonomy, and motivation. Based on this theory, an entrepreneur born as an entrepreneur and later acquiring helpful skills lead to become a successful entrepreneur. There are a number of researchers and economists who believed entrepreneurship is a career choice, which cannot be explained by the traditional career www.ccsenet.org/mas

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