Examining Entrepreneurial Intention in Higher Education: An Exploratory Study of College Students in India

Abstract

The field of entrepreneurship is gaining acceptability among the youth of India. While the initiation, funding and success and failure of a start-up have been studied extensively, the entrepreneurial ecosystem that support, nurture and prepare entrepreneurs requires further examination. One such component of this ecosystem is the institutes of higher education that play a crucial role in preparing the future entrepreneurs of India. Though there seems to be a need for education programmes specifically designed to expand students’ skills in entrepreneurship, there is limited research on the entrepreneurial intention (EI) of students in India. In this article, we discuss the impact of implicit and explicit ways through which the entrepreneurship education in the institutes of higher education can influence EI among students in India. On the basis of the extant literature, the focus of this article is anchored in the four different aspects of EI among students: (a) Ability to have a grand vision (GVS); (b) Intentions to exploit opportunities (OEX); (c) Perseverance and operational focus (POF) and (d) Willingness to take risk (RST). In general, it is observed that the presence of EI is greater among students pursuing major in studies on entrepreneurship, whereas business students are mostly trained towards exploring the risk-taking component of EI.

The Influence of Entrepreneurial Passion in the Relationship Between Creativity and Entrepreneurial Intention

“…Entrepreneurship is an important driver of societal health, wealth, as well as a formidable engine of economic growth (Mehta et al, 2014). A dynamic phenomenon emerges from entrepreneurial activities which plays an important role in shaping the economy through the generation of new jobs and is frequently associated with a nation's economic development (Hu et al, 2018;Pandit et al, 2018). Prior researchers illuminated the importance of entrepreneurial intention models as a framework for action in recent years and discussed the individual factors which influenced entrepreneurial intentions for promoting the evolution of entrepreneurial growth (Kariv et al, 2019;Varghese, 2019).…”

The Influence of Entrepreneurial Role Model on Entrepreneurial Attitude in Higher Education Student

“…Supporting factors of entrepreneurial attitude can be influenced by several factors among others demography such as gender, ethnic, and faculty [9], teaching and learning process [10], [11]. The influence of role model is also one of the factors that could intensify entrepreneurial attitude and effects students in choosing entrepreneurship as a career [12].…”

Economic and Socio-Cultural Drivers of Necessity and Opportunity Entrepreneurship Depending on the Business Cycle Phase

“…For a correct design of policies aimed at promoting entrepreneurship, it is important to identify which factors affect their activity and how they do so. In addition to the economic factors, it is important to consider those social and cultural factors that are increasingly becoming more and more important in the design of policies (Thornton et al, 2011;Pandit et al, 2018;Walsh & Winsor, 2019). At the same time, it is fundamental to consider if the entrepreneur is moved by necessity or by opportunity, and the impact of business cycle (Fairlie & Fossen, 2018).…”