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The entrepreneurial intention of university students to venture into business: motivating factors and obstacles

Omar, Siti Sarah and Mahadi, Nomahaza and Ariffin, Zailin Zainal and Chan, Shiaw Wei and Ng , Kim Soon and Yaakop, Azizul Yadi and Muhamad Zin, Fhaizzatul Fharhana (2018) The entrepreneurial intention of university students to venture into business: motivating factors and obstacles. Advanced Science Letters, 24 (5). pp. 3208-3212. ISSN 19366612

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Abstract

The current unemployment rate in Malaysia among graduates is distressing despite the increase of interest of becoming entrepreneurs among students. The call for graduates to create job instead of look for job has just been launched recently by the Ministry of Higher Education Malaysia. Thus this study is attempted to identify the dominant motivating factor and obstacle among final year students in a higher learning institution to become entrepreneurs. Besides, this study investigates the relationship between motivating factors and entrepreneurial intention among them. Respondents were final year students of eight faculties; with the sample size of 324 students out of 2081 students from the total population. This study employs quantitative method by using questionnaire and data were analysed by using the latest version of Statistical Package for Social Sciences. The results show that behavioural control (self-efficacy beliefs) is the dominant motivating factor (mean value = 4.07) meanwhile skills is a dominant of obstacle (mean value = 3.74). The Spearman’s rho correlation coefficient is r(218) = 0.633, p < 0.05 (p = 0.000) which shows that there is a strong relationship between the motivating factor and the entrepreneurial intention.

Item Type: Article
Uncontrolled Keywords: Entrepreneurial intention; motivation; obstacles; young entrepreneurs
Subjects: H Social Sciences > HF Commerce > HF5001-6182 Business
Divisions: Faculty of Technology Management and Business > Department of Technology Management
Depositing User: Mr. Mohammad Shaifulrip Ithnin
Date Deposited: 23 Jun 2019 07:02
Last Modified: 23 Jun 2019 07:02
URI: http://eprints.uthm.edu.my/id/eprint/11301
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