Determinants Influencing Entrepreneurial Intention among Undergraduates in Universities of Vietnam

Abstract

The paper aims to identify the determinants that influence entrepreneurial intention among National Economics University graduates. For the sample size, we conducted a questionnaire survey of 250 full-time third-year undergraduates at the National Economics University, with convenience sampling technique. Of those 250 undergraduates, 150 were Business Administration students and 100 Economy Management students. After eliminating invalid responses due to lack of information or low quality information, 215 responses were used (93.07% of respondents) for data analysis. The results show that the factor "Perceived desirability" has the strongest impact on the intention to start a business. It is followed by the factor "Perceived feasibility" in which the "ability to search and plan for start-up" has a stronger influence on undergraduates' entrepreneurial intention than the "leadership and ability to overcome adversity". The hypothesis of a positive relationship between undergraduates' propensity to act and their intention to start a business is also supported in this study. Based on the results, we suggest some recommendations for the university and State management agencies to nurture and develop entrepreneurial intention of undergraduates, forming the young generation of potential entrepreneurs to contribute to the development of emerging countries such as Vietnam, the case study.

Entrepreneurial Intention of UiTM Students and the Mediating Role of Entrepreneurship Education

“…The result of this study which reveals a positive and significant relationship between the attitude, perceived behavioural control and entrepreneurship education towards entrepreneurial intention is consistent with the previous findings by Rudhumbu et al (2016), Alexander & Honig (2016), Mahmood, Al Mamun, Ahmad, & Ibrahim (2019) and Bui et al (2020). However, an insignificant relationship of self-efficacy towards entrepreneurial intention was found in this study.…”

“…Entrepreneurial skills, for instance, the abilities of the entrepreneur to develop plans and anticipate obstacles, take proactive actions to reap opportunities or preventing a failure, and work efficiently, would foster individuals to feel competent and venture into entrepreneurship (Scherer et al, 1991). A study by Bui et al (2020) also shows that among graduates in Vietnam universities who had taken an entrepreneurship course, had shown a greater tendency to become entrepreneurs. Another study by Mahmood, Zahari, Ibrahim, Nik Jaafar and Yaacob (2020) found that entrepreneurship curriculum at the university has facilitated the students in doing their business effectively due to the knowledge and skills learned.…”

The Effect of Entrepreneurial Learning towards Entrepreneurial Intention of Indonesian Women

“…Factors that mediate entrepreneurial learning to entrepreneurial intention is the theory of planned behavior (Ajzen, 1991;Zhang et al, 2019;Bui et al, 2020), the theory consists of attitude toward behavior, subjective norm, and perceived behavioral control. These factors will influence the entrepreneurial intention of individuals.…”

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“…Entrepreneurship for the younger generation can be grown through entrepreneurship education that fosters entrepreneurial intentions. Perceived desirability is the most influential factor in fostering entrepreneurial intentions by starting a business (Bui et al, 2020) Skills in entrepreneurship demonstrate an ability to create something new and different. Innovation and creativity as capital in cooperation and competition.…”