Intention for Entrepreneurship among Students in India

Abstract

The purpose of this research was to study what a group of university students in India intended to do upon completion of their college education: start their own business (become entrepreneurs) or work for someone else? A 62-item question-naire was administered to the first year students of the Faculty of Commerce and Management Studies at Jai Narain Vyas University, Jodhpur, India. Of the 186 questionnaires returned, 100 were usable for this study. From the results of chi-square tests, of the eighteen independent variables, only two (luck and to lead other people) were found to have significant relationships with the dependent variable (to start your own business). According to results of factor analysis, six variables (to lead other people, to be my own boss, to put my innovative ideas into practice, determination, personal challenge and non-business education) were found to relate to the dependent variable. Finally, the logistic regression analysis showed that these six factors have a 92.35 per cent predictive value.