Determinants of Entrepreneurial Intention of Business Students in Bangladesh

Abstract

Working on entrepreneurship bears special significance for country like Bangladesh where density of population
is very high. It is really a great challenge for the country to accommodate such a large population. Developing
the determinants on entrepreneurial intention can take the country a step ahead for the improvement of
entrepreneurial culture. Nurturing such culture will flourish entrepreneurship development which can create
scope for accommodating substantial number of people. In this backdrop, this study has tested a causal model in
context of business students of Bangladesh to identify what determines their intentions to be an entrepreneur. For
this purpose data were collected from the business students studying at Bachelor and Master Level in public and
private universities. From the previous literature, variables like risk taking, locus of control, need for
achievement, autonomy, challenges, security of job, environment for staring business and entrepreneurial
education offered by Universities have been tested using multiple regression model. The model results show
tendency of taking risk, need for achievement, education and environment for starting business, job security are
statistically significant in determining the intention of students where except job security, variables are found
positively related.