Modeling the Entrepreneurial Intention among Business Students

Purpose - Today, entrepreneurship played a vital role in the development and growth of an economy. Entrepreneurship is a career where a student establishes its undertaking rather than becoming a salaried employee. The main thrust of this study is to assess the entrepreneurial intention among business students based on their career aspirations Design/methodology/approach - This is an empirical investigation, and a sample of 200 business students of NCR (Gurugram, Delhi and Noida) has been drawn. Questionnaire technique has been used for data collection. Structure equation modeling technique has been applied to attain the goal of the study. Career aspirations considered under this investigation were change, financial well-being, competitiveness, achievement need, and autonomy. Confirmatory factor analysis has been used to measure the model fitness and validity of the construct. Findings - The results of the study demonstrated that career aspirations significantly influence entrepreneurial intention among business students. Research limitations - The limited geographical area was a limitation. The study also discusses a particular country (India) only, and the result may differ across the countries. The sample drawn for the study allows us to draw reasonable conclusions, but the results cannot be generalized. Practical implications - The results may help the educators, government officials and other stakeholders to consider the stimulators of entrepreneurial intention for encouraging the entrepreneurial activities within the country. Originality/value - Many studies have been conducted on the entrepreurial intentions among students, but since most of the business students undergo Entrepreneurship as a subject in their curriculum theie intentions are unexplored. There is still a gap in the literature about business students' intentions. The topic is relatively less researched in emerging markets, especially where government is taking initiatives to inculcate entrepreneurial intention through its policies.