Psycho-demographic Factors and Entrepreneurial Intention Among University Students

Abstract

The study investigated the role of psycho-demographic factors (resilience, locus of control (LOC), perceived social support (PSS), and gender and university type) on entrepreneurial intention (EI) among final year university students (FYUS). A convenience sample of 491 male and female FYUS with age range from 20 to 35 years (M = 25.11 years, SD = 3.43) completed a cross sectional survey that comprised Demographic Information and measures of Resilience, PSS, LOC and Entrepreneurial Intention. The study hypotheses were tested with multiple regression and twoway ANOVA. The result revealed that there was significant joint influence of resilience, LOC and PSS on entrepreneurial intention (R2 = 0.16, F (3,487) = 30.68, p<.05). There was no significant interaction effect between gender and university type on EI (F= (1,487) = 0.01, p>.05). This study therefore concluded that resilience; LOC and PSS influence EI among FYUS. We therefore recommended that trained psychologists should develop resilience skill and appropriate LOC orientation program which invariably will boost FYUS positive intention towards starting their own business.

Locus Control and Entrepreneurial Intention among Nigerian Graduates: Mediation Analysis of Self-Efficacy and Need for Achievement

“…Another study conducted by Fazlurrahman (2020) on the relationship between LC and EI in a public university student in Surabaya showed that LC had a positive and significant association with her EI. Another study by Ojewumi, Fagbenro, and Babatunde (2020) confirms that LC is linearly related to her EI in an undergraduate. Similarly, Ojiaku, Nkamnebe, and Nwaizugbo (2018) confirm that LC is a strong predictor of EI in Nigerian adolescents.…”

“…Another study conducted by Fazlurrahman (2020) on the relationship between LC and EI in a public university student in Surabaya showed that LC is predictive of EI. Another study by Ojewumi, Fagbenro, and Babatunde (2020) confirms that LC is linearly related to EI. Thus, H 1 is supported A beta value of 0.756 means that LC is positively related to SE, and a p-value of 0.000 further proves that the association of LC with SE is significant.…”

Determinants Of Entrepreneurship Orientation and Their Impact on Entrepreneurship Intention

“…Strong EOs generally has higher performance (Tan et al, 2020). EO at the organizational level has been shown to be correlated with entrepreneurial performance (Ojewumi et al, 2020). Entrepreneurial orientation encourages people's attitudes to change the value of resources, labor, materials and other production factors to be greater than before and also people who make changes and new ways are an innovative dimension…”

“…Entrepreneurial action following the formation of entrepreneurial intention and entrepreneurial intention will be a determining element towards entrepreneurial action performance (Carruthers et al, 2019). Entrepreneurial intention is a strong predictor of entrepreneurial activity in individuals who intend to establish new businesses in the future (Ojewumi et al, 2020).…”

Analysing the effect of resilience and perceived social environment on university students' intention to start sustainable ventures

“…The measurement of psychological resilience was based on statements from the Brief Resilience Scale (BRS) by Smith et al [87] derived from the work of Carver [88]; these authors argued that the resilience measures prior to their proposal were very extensive and that BRS is a reliable means to assess resilience in less time. Brief Resilience Scale (BRS) has also demonstrated adequate reliability being used in recent research [89][90][91] and has been included in several research associated with work activities [92][93][94] and entrepreneurial resilience [95,96].…”