Which factors affect entrepreneurial intention of university students in Ho Chi Minh city?
Abstract
Entrepreneurship has taken the attention of both educators and policy makers
during the last decades. Increasing unemployment among the educated groups, especially
graduates of university education system in Vietnamese society has become a big socioeconomic problem. Thus, it is necessary to consider the context of entrepreneurship in
university education. In this regard, the overall purpose of this research is to study the
external as well as internal factors that affect the entrepreneurial intentions of university
students in Ho Chi Minh City. As for this model, the Entrepreneurial Intention is taken as
a function of Social Support from the Government, Social Norms, Education, Role
Models, Working Experience, Feasibility Perceived, Desirability Perceived. The number
of 350 students was selected for study random sampling method
This research studied the factors affecting the intentions starting-up among
university students in Ho Chi Minh city. Correlation analysis showed a significant
positive relationship between the variables of Desirability Perceived, Social Support,
Social Norms, Working Experience and Feasibility Perceived with Entrepreneurial
Intentions of students. Result of Path analysis showed that the perceived desirability
variable has the most impact with the ensemble of 64.7%, the next one is feasibility
perceived, social support and working experience with the effect of 25.7%; 17.3% and
6.8% respectively. Lastly, changing social norms with the path estimate of 8.2% had the
negative impact on students' entrepreneurial intentions. The results also revealed that
Social Support, Social Norms, Entrepreneurship Education and Role Model indirectly
impact the intentions of students through Desirability Perceived. This study can help
educators and policy makers of enhance students' entrepreneurial intentions and improve
their entrepreneurial behavior.
Keywords: Entrepreneurial Intention, Students, Perceived Desirability, University, Ho
Chi Minh City.