Intentions to Become an Entrepreneur: Survey From University Students of Karachi
International Journal of Business, Economics and Law, 13(2), 19-27
9 Pages Posted: 19 Sep 2017
Date Written: September 15, 2017
The term Entrepreneurship is similar to Self-employment and is certainly the engine of economic growth. Entrepreneurs creates job opportunities in the market and help reducing the unemployment rate. The process of Entrepreneurship begins from development of intention so the main idea of the study is to examine the intentions of university students of Karachi while setting up their new business. To achieve this purpose, Ajzen theory of Planned Behavior is applied. The study is conducted through primary research where data was obtained using survey questionnaire. Fourteen different universities of Karachi have participated in the study where convenience sampling is used to obtain responses from 250 participants. SPSS is used to apply different tests such as multiple regression and descriptive statistics. Results clearly show that the Ajzen theory is extremely valuable for this study. Moreover, overall model is significant and all constructs particularly personal attitude and perceived behavioral contributes significantly in determining entrepreneurial intentions of university students. Subjective Norms proved to be insignificant in this research and does not influence student’s intentions in any manner. University students, if provided the opportunity or financial support, showed willingness of starting their business. Recommendations for researchers, institutions and policy makers have been highlighted. Future studies should be carried out on a huge level in order to understand the overall perspective of Pakistani students.
Keywords: Personal Attitude, Perceived behavioral control, Subjective Norms, Entrepreneurial intentions, Ajzen theory,
JEL Classification: C12, M10, O35
Suggested Citation: Suggested Citation