Open AccessDeterminants of students’ entrepreneurial intention
Author(s) -
Luka Zovko,
Ivana Bilić,
Želimir Dulčić
Publication year - 2020
Publication title -
management
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.196
H-Index - 15
eISSN - 1846-3363
pISSN - 1331-0194
DOI - 10.30924/mjcmi.25.1.2
Subject(s) - theory of planned behavior , psychology , structural equation modeling , affect (linguistics) , tourism , self efficacy , social psychology , entrepreneurship , survey data collection , sample (material) , need for achievement , control (management) , social cognitive theory , set (abstract data type) , marketing , business , management , political science , economics , computer science , programming language , chemistry , mathematics , communication , finance , chromatography , law , statistics
As to contribute to the literature on entrepreneurial intention, a survey was conducted on a sample of Croatian students and their entrepreneurial intentions, by using Ajzen's (1991) theory of planned behaviour. This theory determines intention through attitudes, behavioural control (self-efficacy), and social norms. Additional four determinants were investigated: role models, education, needs for achievement, and propensity towards risk. We propose that individuals exposed to role models and entrepreneurial education, as well as those who have a higher level of need for achievement and propensity towards risk, are more likely to set up a venture. The survey was conducted at the Faculty of Economics, Business and Tourism, University of Split, Croatia and the obtained data were analysed by using the structural equation modelling technique. A total of 160 survey responses from students were obtained. It was found that attitudes and propensity towards risk positively affect entrepreneurial intention. Surprisingly, self-efficacy and social norms, in addition to role models, education, and the need forachievement, failed to produce a significant effect on entrepreneurial intention.