Factor Affecting the Entrepreneurial Intention of undergraduate’s Student: The Case of Business and Engineering Faculty of Addis Ababa University.
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Date
2024-06-02
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A.A.U
Abstract
Examining the variables influencing the entrepreneurial intention of undergraduate business and
engineering faculty students at Addis Ababa University was the primary goal of this study. The
conceptual framework was created by taking into account the independent variables factors
affecting undergraduate students and the dependent variable, entrepreneurial intention. Six
research questions and six hypotheses were developed in order to meet the goal. Undergraduate
students' entrepreneurial intention was more clearly articulated when particular elements were
taken into account, including entrepreneurship education, societal norms, access to capital,
attitude towards entrepreneurship, personality traits, and perceived government policy. A
quantitative research approach was used in conjunction with explanatory or causal research
designs. Cronbach's alpha was assessed to ensure the questionnaire's internal consistency and
dependability. Closed-ended questionnaires containing 43 statements on a five-point Likert scale
were used to collect the data. With a sample of 285 responders, the study included 995 target
populations, all of whom were returned. SPSS was used to analyze the data (version 24). To
examine the data and interpret the findings, both descriptive and inferential statistics were
applied. The results of correlation analysis demonstrate a statistically significant positive
relationship between the entrepreneurial intention of undergraduate students and each of the six
factors that were chosen (i.e., entrepreneurship education, social norm, access to capital,
attitude toward entrepreneurship, personality traits, and perceived government policy).
Furthermore, the regression analysis showed that each of the six variables had a positive and
substantial impact on undergraduate students' intentions to pursue entrepreneurship in the Addis
Ababa University's business and engineering faculties. The elements that most contributed to the
prediction of undergraduate students' propensity to pursue entrepreneurship were found to be
those related to entrepreneurial education. The remaining elements personality traits, social
norms, perceived government policy, capital access, and attitude toward entrepreneurship all
significantly influenced the prediction of undergraduate students' intention to pursue
entrepreneurship, in that order. Additionally, 69.1% of the variation in undergraduate students'
entrepreneurial intention can be explained by the factors affecting entrepreneurial intention,
according to the results of the regression study. The government has to incorporate entrepreneurship into early education to increase stuawareness of it as a potential career path, as per the research findings and concluAdditionally, the institution emphasizes all of the chosen elements; entrepreneurship educsocial norms, financial access, attitude toward entrepreneurship, personality qualitiesperceived government policy that have a significant impact on undergraduate stuintentions to pursue entrepreneurship.