"ROLE OF EDUCATION IN THE DEVELOPMENT OF ENTREPRENEURIAL INTENTION,"
Keywords:
“Entrepreneurship”, Entrepreneurial Intention (E. I), “Subjective Norms (S. N), “Perceived Behavior Control (PBC), Theory of Planned Behavior (TPB)”, Attitude Towards Entrepreneurship (A. E)Abstract
Entrepreneurship solves unemployment among youth in India. It starts with the development of (EI) in students. According to TPB, Intention is the outcome of Attitude, S. N, and PBC, the same holds for entrepreneurship intention. Education influences students’ Attitude, S. N, and he/she is receiving, so in this study, we attempt to establish the relationship between the antecedents of TPB and education.
We conduct a study on the Indian students belonging to graduation and post-graduation of different specializations. In this study, a “Five-point Likert scale” was employed and 239 samples collected from students were used. We applied a path analysis algorithm and bootstrapping procedure to establish the relationship between the constructs and to check the proposed hypotheses respectively in Smart PLS 3.0. Education has a significant positive relationship with the three antecedents of TPB. Apart from this, attitude towards entrepreneurship and PBC show a significant relationship with the (E. I) of students, which supports the TPB. S. N does not show a positive significant relationship with the (E. I) of students, which contradicts the research conducted in past across the world. Study depicts the relationship of education with factors formulating the “Entrepreneurial Intention” (EI) that is new, as previous studies conducted depict the relationship of education directly with the (E. I) of students. Hence, the study adds to the use of the “Theory of Planned Behavior” in (E. I) development. The universities and colleges can use this study to motivate their students towards entrepreneurship by providing the environment in an educational institute and by teaching entrepreneurship to all specializations.
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