Entrepreneurship has become one of the major factors for economic development. This has motivated governments around the world in putting several policies and programs in place to ensure that its teaming population imbibe the culture of self-reliance. Developing economies have been left behind especially on the likely factors affecting youth entrepreneurial activities, looking at the differences that exist between their counter parts in developed economies. Previous researchers have identified various factors that enhance entrepreneurial intention. However, despite these efforts, many students failed to see entrepreneurship as an alternative to white collar job. Consequently, there is persistent increase in the rate of unemployment especially in developing countries like Nigeria. In view of this, the present study theoretically proposed some factors such as entrepreneurial competence and entrepreneur's network as possible determinants of student's entrepreneurial intention. The paper provided an extensive review of literature on the concepts of entrepreneurial competence and entrepreneurs' network and their links with entrepreneurial intention. In conclusion, the study argued that although EC and EN are seen as likely success factors and their relationship with entrepreneurship intention is seriously lacking especially in developing countries like Nigeria. The study if validated will help governments around the world in coming up with an integrative and inclusive model to reduce the menace of unemployment in their countries.