Factors influencing entrepreneurial intention of university students: An empirical analysis from Islamic University, Bangladesh
Department of Marketing, Faculty of Business Administration, Islamic University, Kushtia, Bangladesh.
Research Article
World Journal of Advanced Research and Reviews, 2024, 23(03), 2220–2230
Publication history:
Received on 05 August 2024; revised on 16 September 2024; accepted on 19 September 2024
Abstract:
Entrepreneurship is becoming more and more acknowledged as a key driver of creativity, economic growth, and job creation. This research is intended to verify the factors influencing Bangladeshi university student’s entrepreneurial inclinations based on empirical evaluations. This paper also examined the relationship between entrepreneurial intention and the factors desire for fulfillment, Locus of control, Family business background and entrepreneurial knowledge. Totally 26 attributes have been taken into consideration for designing questionnaire for the study. A questionnaire survey method is used with 200 respondents. For analyzing data have directly using SPSS (version-21). This study applied multiple regression analysis. This survey result demonstrated that desire for fulfillment and family business background have a significant influence on university student’s entrepreneurial intention. Students are inspired and encouraged to create their own businesses as a career by family businesses. Personal characteristics drive students to take professional risks because they feel driven to succeed. The remaining two factors, locus of control and entrepreneurial knowledge, have no significant influence on university student’s to be entrepreneurs in Bangladesh. The study's conclusions are anticipated to help policymakers create an efficient business plan that will foster the entrepreneurship of recent university graduates in a cutthroat industry and help them better understand their intentions as entrepreneurs in the context of Bangladesh.
Keywords:
Entrepreneurship; University students; Desire for fulfillment; Entrepreneurial Knowledge; Entrepreneurial intention
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