Factors Impacting Entrepreneurial Intentions and Entrepreneurial Behavior of Graduated College Students from Chengdu Polytechnic

Abstract

Background and Aims: An individual's plans and motivations to engage in entrepreneurial activities, representing their desire to launch and oversee their business ventures, are referred to as their entrepreneurial intentions. On the other hand, entrepreneurial behavior refers to the activities that people engage in to achieve their entrepreneurial objectives. These activities include risk-taking, resource acquisition, innovation, and opportunity recognition, and they all translate an individual's entrepreneurial intentions into concrete actions and results. Thus, the purpose of this research is to examine the factors impacting entrepreneurial intentions and entrepreneurial behavior of graduated college students from Chengdu Polytechnic, China. Methodology: This paper used quantitative techniques and questionnaires were employed to gather sample data. Before distribution, the content validity by three experts and the reliability of the questionnaire was assessed through Item-Objective Congruence and a pilot test. The collected data (500 copies of valid collected questionnaires) underwent analysis using Confirmatory Factor Analysis and Structural Equation Modeling. These analytical approaches were utilized to assess the model's overall suitability and to verify the causal connections among variables as part of hypothesis testing. Results: The results explicated that entrepreneurial attitude, subjective norms, perceived behavioral control, creativity, and personal attitude, have a significant impact on entrepreneurial intention, and entrepreneurial intention has a significant impact on entrepreneurial behaviors; Six hypotheses were proven to fulfill research objectives. Conclusion: The results show that a variety of factors, including subjective norms, perceived behavioral control, creativity, and attitude toward entrepreneurship, are important in determining an individual's entrepreneurial intentions, which in turn have a big impact on their actual behaviors. The success of the research objectives in comprehending the interaction between these variables and their influence on entrepreneurial endeavors is highlighted by the validation of six hypotheses.