Planned Behavior Entrepreneurship and Intention to Create New Venture Among Young Graduates

Abstract

This paper attempts to investigate whether young graduates possess the leadership style that is pre-requisite to become entrepreneur. The paper further examines the role of higher education towards the desire of new venture creation among young graduates in developing economies specially. This study analyzed the response of 225 final-semester students at different universities in Islamabad, Rawalpindi and Lahore. A questionnaire based survey instrument was used. Result of the present study shows that education and new venture creation are positively and significantly correlated. The results further indicate that all variables used in this study are significantly correlated with intention to create a new venture. The limitation of this study is that it includes business and economics discipline students only. Further studies may investigate and examine the possibilities of similar outcomes among students of other disciplines including science, engineering, medicine, agriculture and law etc. The present study will, however, provide insight to future policy makers and planners to consider strategies for optimally utilizing the expertise and potentials of the young graduates. The academicians, educators, and university authorities have rethink what to teach? How to teach? In order to effectively prepare-young generation for the forthcoming challenges.

Entrepreneurial Intentions among Technical Students

“…Besides prior studies which support the general notion that professional attraction contributes to entrepreneurial intention [10][11][12], also found significant relationship between professional attraction and entrepreneurial intention by using Structural Equation Modeling (SEM). Hence, the following hypothesis is proposed: H 1 : Professional attraction has a positive direct effect on entrepreneurial intention…”

The importance of spirituality dimensions in the development of entrepreneurship

“…Entrepreneurial intention is the first step in the formation of new businesses (Lee & Wong, 2004). Economic motivation and individual independence are the main driving forces that create the entrepreneurial intention (Hunjra, Ahmad, Ur-Rehman, & Safman, 2011).…”

“…According to Johannisson (2000), those who have the entrepreneurial intention and entrepreneurial capability can gain access to information and finance sources that are useful through a network of entrepreneurship. Through the network, each person can take steps to develop their entrepreneurial abilities (Tian, Wang, Chen, & Johansson, 2009) and expand their own business (Hunjra, Ahmad, Ur-Rehman, & Safman, 2011). When a network of entrepreneurs' entrepreneurship starts to contribute towards the objectives of their entrepreneurship, this social contact will become their social capital (Burt, 1992), it is because the network provides an easy approach to obtain finance and experienced workforce in ensuring the development of entrepreneurship (Hellman & Puri, 2002).…”

Entrepreneurial Self-efficacy and Entrepreneurial Intention among Polytechnic Students Involved and Not Involved in Entrepreneurship Education

“…Meanwhile, the eight-item instrument developed by [29] measures an individual's tendency to implement entrepreneurial activities over the next 12 months. [30] also developed a six-item questionnaire relating to organized behavior among young graduates and the intention to start a new business. Based on the questions to be answered, this study chose to use the instrument developed by [28] to identify the level of entrepreneurial intention because the focus of the study was similar and the sample was also students.…”

“…Furthermore, scholars also searched for answers to whether entrepreneurship education could be related to and influence entrepreneurial intention directly. A study by [30] found that entrepreneurship education could influence entrepreneurial intention through the exposure of relevant skills during the education process. In other words, students were more willing and prepared to start a business after they received business and entrepreneurship-related education.…”