Factors affecting entrepreneurial intention of Malaysian university student

Entrepreneurship development has been designated as a key component in economic transformation and educational programs in Malaysia.The government has introduced various initiatives to cultivate entrepreneurial spirit among younger generations, especially the university students.Despite the magni...

وصف كامل

محفوظ في:
التفاصيل البيبلوغرافية
المؤلفون الرئيسيون: Chuah, Chin Wei, Ting, Hiram, Alsree, Syed Ridhwan, Cheah, Jun Hwa
التنسيق: Conference or Workshop Item
اللغة:English
منشور في: 2015
الموضوعات:
الوصول للمادة أونلاين:http://repo.uum.edu.my/17089/1/ent9.pdf
http://repo.uum.edu.my/17089/
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الوصف
الملخص:Entrepreneurship development has been designated as a key component in economic transformation and educational programs in Malaysia.The government has introduced various initiatives to cultivate entrepreneurial spirit among younger generations, especially the university students.Despite the magnitude of these efforts, little is known whether university students today are entrepreneurial.Notwithstanding the abundance of literature on entrepreneurship, factors affecting students’ entrepreneurial behavior and why certain students are more entrepreneurial than others require continual assessment.Hence, the present study is aimed at investigating entrepreneurial intention among university students in Malaysia. Theory of planned behavior is adopted to specifically look at the effect of behavioral factors on entrepreneurial intention. Moreover, contextual factors are incorporated into the model to articulate the impact of perceived support and barriers towards such intention. Using field data collected from 204 university students in Malaysia, this study examines the impact of behavioral factors as well as the contextual factors on students’ entrepreneurial intention by means of multiple regression using SPSS.The findings show that behavioral factors, namely attitude, subjective norm and perceived behavioral control, have significant effect on entrepreneurial intention.It is also found that perceived positive image about entrepreneurs and perceived difficulty to get financial support have impact on their intention.This confirms the need to inculcate entrepreneur ism into university students and highlights the importance of providing them conducive surroundings to allow them to develop as entrepreneurs.It also suggests the misleading mentality among students about entrepreneurship as they might have perceived it to be about doing business with strong reliance on financial resources.