Professional Documents
Culture Documents
Summer Project - Sharmila Index Only
Summer Project - Sharmila Index Only
INTRODUCTION
1.1 Context information
The concept of entrepreneurship involves creating job for oneself. It will have a
rippling impact on others who would be employed since the job cannot be done alone.
Erkko (2005) argued that entrepreneurship is the most effective technique for bridging
the gap between science and market place. Entrepreneurship is an intentional activity,
suggesting that there is a link between entrepreneurship and intention given that
entrepreneurial intentions are formed as least a year prior to the new ventures and
bringing new products and services to the market. These entrepreneurial events
substantially impact on the economy. The main idea about entrepreneurship is risk
bearing, that is introducing new firms that did not previously exist, idea of starting
new firms, particularly a new venture (Aldeshut, 2008).
Entrepreneurial management can be considered as being different. The ways of
managing organization regardless of size and age has been introduced. Eroke &
Okekeocha (2012) allude that careers in the entrepreneurship will provide young
graduates with the opportunity to become financially independent while at the same
time contributing to job creation, innovation, and economic growth. Many people are
looking to replace the traditional ways of handling the firm and emphasizing more
entrepreneurial aspect, from a general strategic orientation to reward schemes (Brown,
Davidson & Wiklund, 2001). There is a positive relationship between the intensity of
corporate entrepreneurship and the intensity of corporate entrepreneurship and the
intensity of search for opportunities, strategic adaption and value creation (Barringer
& Bluedon, 1999). It is an innovative approach to integrate the youths into today’s
changing labour market.
It has recently been claimed that if the managers and businessmen were to adopt
entrepreneurial behaviour, firm would be facing a much brighter future than current
perceptions suggest (Lee & Peterson, 2000). The consideration has been taken by the
university students well. The importance or intentions of this behaviour is reflected in
the university students. Ajagbe (2014) argued that a firm that follows entrepreneurial
process is considered as pursuit of opportunities without regard to resources currently
being controlled. To be enterprising is to keep the eyes open and the mind active.
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Many of the universities are allowing the education regarding the entrepreneurship to
the interested students.
A growing number of young people are taking up the challenge of starting their own
businesses. More entrepreneurs are learning about how the odds for success can be
improved through various assistance and through creation of a conductive
environment (School, 2006). With this aim, students are aimed primarily at technical
training institutions. However, it is now being expanded to include the universities.
This will eventually help to think and create about a self-employment techniques after
graduation the opportunity to analyze facts and figure out the difficult employment
situation are encouraged and given a priority for self-employment as a career choice
(Kaburi & Mobegi, 2012). For a reason, it has been matter of interest to all the people
worldwide.
Entrepreneurial behaviour is seen as a behaviour that manages to combine risk,
innovation and pro-activeness (Miller, 1983). Entrepreneurship is considered as a key
tool that drives the economy of a country (Gree & Thurnik, 2003). The
entrepreneurial spirit search, explore and innovate primarily as opposed to the
exploitation of business with regard to the mangers. Otaki (2003) states that
entrepreneurship is the creation of new economic entity centred on a novel product or
service or, at the very least, one which differs significantly from the products or
services offered elsewhere in the market. For innovation occur, the entrepreneur must
have a talent, ingenuity and knowledge. In addition to this, the hard work, focus on
objective and purpose also must be considered.
Like any other developing nation, entrepreneurship and self-employment in Nepal can
be a source of new jobs and economic dynamism. For the young people in informal
economy, micro-entrepreneurism is a bottom-up method for generating income, self
reliance and a new innovative path to earning make a living and caring for oneself
(Maxwell, 2002). The improvement of economic independence of inhabitants and
youth livelihoods also came alone with the development of entrepreneurship. Studies
found that economic growth rates are usually linked to the role of government and
entrepreneurs. The role is complementary and not mutually exclusive. Onah (2001)
contributed that society’s norms influence an individual’s approach to life they
similarly influence entrepreneurial activity. Social and cultural attitudes along with
family norms and values have a strong influence on whether a young person decides
to pursue an entrepreneurial career.
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1.2 Statement of the problem
Research problem is an initial step in a research project. It clarifies everything about
the missing or insufficient information. It is a gap between the actual state and the
desired state. It able to reach a particular conclusion about what we want to study in
the research project. It helps to specify the issue or concern of the study and guides all
stages of inquiry, analysis, and reporting. A research question is an answerable
inquiry into a specific concern or issue. It is the fundamental core of a research
project. It is also termed as the ground beneath the foundation. It is useful in the
formulation of the hypothesis of the research. This study aims on identifying the
association between categorical variables. The null hypothesis is developed on the
basis of statement of problem of the study. The research is directed towards answering
the following question;
1. Is there any association between gender and complexity to start up a new business?
2. What is the association between prior schooling and capability to conduct a market
research?
3. Is there any association between income level and creation of a firm?
1.3 Purpose of the study
For any study there has to be some objectives which highlight the purpose of doing
the research work. The major objective of the study is to determine the association
between different categorical variables. There are different three categorical variables
where association between them is observed and tested. Also, the study aims to
explain the factors descriptive calculation of different variables influencing the
entrepreneurial intention among university students of Bhairahawa area. Such
variables includes subjective norm, perceived behavioural control entrepreneurship
education and so on. The specific purposes of the study are:
1. To analyze the association between gender and complexity to start up a new
business.
2. To examine the association between prior schooling and capability to conduct a
market research.
3. To explore the association between income level and creation of a firm.
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1.4 Significance of the study
The study attempted to examine the factors affecting youth entrepreneurship
development. The findings of this study may be helpful for youths pursuing
entrepreneurial education. This research project could act as an evident of the fact that
creation and development of a flexible and modern based economy requires the
growth of entrepreneurial firms. This will aid future researchers in giving a standard
and synchronized way of making their work accessible. The significances of the study
are;
1. This study will help university students to organize, formulate and implement the
policies to start up entrepreneurial business.
2. This study may enable other parties such as donors and governments to know at
which point they can support the university students.
3. This study will be a useful reference for the researchers who would plan to make
any related study precisely.
1.5 Literature survey
Literature surveys are the basis for research in nearly every academic field. Most
often associated with academic oriented literature, such as reviews are found in
academic journals. It consists of review of empirical literature and related theories of
the research. Under this study, the related theories have been employed to validate
the findings. And review of empirical literature has been employed to extract the best
related information and results obtained through various surveys. It includes the
current knowledge including substantive findings, as well as the theoretical and
methodological contributions to a particular topic. This could the best foundation of
knowledge on the topic. The significance of theories and empirical reviews for the
study is remarkable. This helps the researcher to work with the experience and
reliable facts and figures. It is useful in setting the purpose of the study and provides
guidelines for determining the variables under study. It enables a researcher to find
out about the existing body of knowledge on topic of his/her interest. The data and
figures used here will serve the authenticity of the research project. It develops the
confidence of research in completing the research since it covers major parts of the
research project. It helps to find out the areas yet to be studied in the concerned topic
and need for additional research. It states the findings from previous researches hence
enabling a researcher to generate the hypothesis for the research.
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1.5.1 Related theories
The theories that are reviewed in this study are: Theory of planned behaviour (TPB),
Theory of reasoned action (TRA) and Human capital theory.
1.5.1.1 Theory of planned behaviour
The theory of planned behaviour (TPB) is a theory that links one’s belief and
behaviour. The concept was proposed by Icek Ajzen to improve on the predictive
power of the theory of reasoned action by including perceived behavioural control.
The theory states that intention toward behaviour, subjective norm and perceived
behavioural control together shape an individual’s behavioural intentions and
behaviours. It has been applied to studies of the relations among beliefs, attitudes,
behavioural intentions and behaviours in various fields such as advertising, public
relations, advertising campaigns, healthcare, sport management and sustainability.
TPB explains the individual’s social behaviour by considering social norms as an
important variable.
According to this theory, human behaviour is guided by three kinds of consideration.
They are behavioural beliefs, normative beliefs and control beliefs. In their respective
aggregates, behavioural beliefs produce a favourable or unfavourable attitude towards
the behaviour, normative beliefs result in a subjective norm, and control beliefs given
rise to perceived behavioural control. In combination, the attitude toward the
behaviour, the subjective norm, and the perceived behaviour control lead to the
formation of behavioural intention. The TPB maintains human behaviour being
governed by one’s attitude and behavioural intention characterized by the presence of
social norms and the exercise of volitional control. However, it incorporates several
modifications that allow for greater accuracy and reliability in understanding one’s
attitude and predicting his deliberate, planned, and resulting actual behaviour.
1.5.2 Review of empirical literature
The study is carried out to demonstrate the factors affecting entrepreneurial intention
among university students. All these studies supported that entrepreneurial intention
depends on various factors such as attitude, subjective norm, personality traits
perceived behavioural control, entrepreneurship education and other factors. The
effect of these factors can be seen on the entrepreneurial intention. The study has
reviewed some articles on related subject matter. The study was designed by deriving
variables from the theory of planned action and human capital theory. The summary
of the major articles in this subject matter is presented in the table.
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Table 1.1 Review of empirical studies
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1.6 Hypothesis of the study
The study was carried out based on certain hypothesis. With the help of hypothesis
the findings of the study will be validate. The entrepreneurial intentions among
university students with various determining factors are analyzed. Following are the
hypothesis made in order to study factors affecting entrepreneurial intention among
university students;
H01: There is no significant association between gender and complexity to start up a
new business.
H02: There is no significant association between prior schooling and capability to
conduct a market research.
H03: There is no significant association between income level and creation of a firm.
1.7 Research methods used for data collection and analysis
The research method section describes action to be taken to investigate a research
problem and the rationale for the application of specific procedures or techniques used
to identify, select, process and analyze information applied to understanding the
problem, thereby, allowing the reader to critically evaluate a study’s overall validity
and reliability. This section of a research paper answers how was the data collected or
generated and how was it analyzed. It may include publication research, interviews,
surveys and other research techniques, and could include both present and historical
information. It consists of six different sections. First section includes the description
of research design under the first sub-topic. Second section is about the population
and sample of the research and section three consists of the explanation of nature and
sources of data used in the research. The fourth, fifth and sixth sections include
definition of variables, methods of analysis and limitations of the study respectively.
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was selected for the study to learn the profile of the respondents, present and describe
the collected data, and the factors that affect entrepreneurial intention among
university students. The intent of descriptive research is to produce statistical
information about aspects of students that affect their intention. It involved collections
of quantitative information that are tabulated along a continuum in numerical form.
The Chi-square test is selected to determine the association between two categorical
variables under this study. This test is non-parametric tool essentially always a one
sided test. The sampling method for chi-square test is convenience sampling. It
involved measuring two categorical variables and assessing the association between
them, with no manipulation of any others variable
1.7.2 Population and sample of the study
The population of the study is the entire aggregation of items or individuals from
which samples can be drawn. The population selected for this study was students from
Bhairahawa area. Students from various faculties and education level were used as
target population. Due to large population size of population, it is no possible to test
every student in the population. Samples are drawn as per the convenience to
represent the population. Therefore, it is decided to select random college students of
the area for conducting research. The students who are studying in different colleges
above 18 years within Bhairahawa area were considered as sample size. The choice is
consistent with the purpose of study which set out to capture the perception of
entrepreneurial intention. Convenience sampling was carried out to select the
participants because of easy accessibility and proximity.
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books have been used in the form of secondary data to examine the influence of
various factors affecting entrepreneurial intention.
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process of entrepreneurship. However, the degree of effort results in the favour of
who have self- belief on their work.
1.7.4.3 Entrepreneurship education
Entrepreneurship education seeks to provide students with knowledge, skills and
motivation to encourage entrepreneurial development in various settings. Variations
of entrepreneurship education are offered at all levels of schooling from primary or
secondary through graduate university programs. It is measured by looking number of
entrepreneurial courses that student have taken during their study in university. The
main concern about entrepreneurial education is not about what is taught but how it is
taught (Filion, 1994). The student awareness about the entrepreneurial attitude is likely
to increase with the entrepreneurship education. It allows students to develop the
entrepreneurial skills, to put theory into practice and highlight the entrepreneurial path
as a career option. The intention among the university students is likely to be seen
higher. The entrepreneurship education is positively and significantly related to
entrepreneurial intention. It allows a greater accessibility of youths specially students
who are aiming to be the entrepreneur in the near future.
1.7.4.4 Entrepreneurial intention
Entrepreneurial intention is an indication of an individual’s readiness to perform a
given behaviour that relates entrepreneurship. It is assumed to be an immediate
antecedent of behaviour. It is based on subjective norm, perceived behavioural control
and entrepreneurship education. The theory of planned behaviour explains desires of
human could be better interpreter than intention and thus may not lead to predicting
objective behaviour (Armitage & Conner, 2001). However, the university students
showed their great interest on entrepreneurial process along with their state of attitude
and subjective norm in regard to entrepreneurship education. It is considered to be the
most important factor that an individual is willing to entrepreneurship. The desires of
students to take the opportunity and opened his/her own business by creating product
or new service is the state of their entrepreneurial intention.
1.7.5 Methods of data analysis
Various statistical tools were applied in the study. The statistical tools used in this
study to analyze the data findings are mentioned in the following sub sections:
1.7.5.1 Mean
Mean refers to the average that is used to derive the central tendency of the data.
Simply, it is the arithmetic average of a range of values or quantities computed by
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dividing the total of all values by the number of values. It is determined by adding all
the data points in a population and then dividing the total by the number of points. In
this study, mean is calculated to find out the average of the responses given by the
respondents regarding to the different variables in likert scale question. The variable
includes subjective norm, perceived behavioural control, entrepreneurship education
and entrepreneurial intention. In order to find the highest and lowest mean score value
of the variables, calculation of mean is employed. The mean value of the responses in
Likert scale question is calculated using the following formula:
fx
Mean=∑
N
Where, X= Value of responses of each independent or dependent variable
N= Number of statements
1.7.5.2 Median
The middle number in a sorted list of numbers is median. It is the number separating
the higher half of a data sample, population, or a probably distribution, from the lower
half. To find the median value, it is necessary to organize each number in order by
size i.e. from highest to lowest and the number in the middle is the median. In this
study, median is calculated to find out the mid value of the responses provided by the
respondents in ordinal and likert scale questions, which is calculated on whole
sample. The variables under likert scale are subjective norm, perceived behavioural
control, entrepreneurship education and entrepreneurial intention. In order to find the
highest and lowest mid value of the variables, median calculation is employed. The
median is calculated on the responses obtained from basic and variables related
information in regards to the questionnaire. The formula for medium is as follows:
Median (MD) = (N+1)/2th term
Where, N= Number of statements
1.7.5.3 Mode
The value that occurs most often in a set of data is mode. It is a statistical term that
refers to the most frequently occurring number found in a set of numbers. The mode is
a way of expressing in single number, important information about a random variable
or a population. Normally, the mode is found by collecting and organizing data in
order to count the frequency of each result. The result with highest occurrences is the
mode of the set. If no number is repeated, then there is no mode for list. This happens
when two or more elements occur with equal frequency in the data set. In this study,
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mode is calculated to find out the most repeated responses in likert scale question and
it is calculated on the responses of whole sample. The likert scale consists of variables
such as subjective norm, perceived behavioural control, entrepreneurship education
and entrepreneurial intention. In order to find out the highest and lowest mode value
among the variables, mode calculation is employed. The mode is calculated on the
basis of responses obtained from likert scale.
1.7.5.4 Standard Deviation
Standard deviation is a measure of dispersion that is used to quantify the amount of
variation or dispersion of a set of data values. It is the positive square root of variance.
A useful property of the standard deviation is that, unlike the variance, it is expressed
in the same units as the data. If the data points are further from the mean, there is
higher deviation within the data set. Thus, more spread out the data, the higher the
standard deviation. The likert scale consists of variables such as subjective norm
perceived behavioural control, entrepreneurship education and entrepreneurial
intention.
In order to find out the highest and lowest standard deviation value among all the
variables, standard deviation calculation is employed. In this study, standard deviation
is calculated for the responses provided in Likert scale for all samples.
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scale for all samples.
1.7.5.6 Chi-square
The chi-square test is used to determine the association between two categorical
variables. This test is non-parametric tool essentially always a one-sided test. The
sampling method for chi-square test is simple random sampling. It involved
measuring two categorical variables and assessing the association between them, with
no manipulation of any others variable. The research determines how one categorical
variable is associated with other and they are influenced by changes to other variables
under the study. It sometimes is considered to be as same as correlation method.
However, it differs from correlation method more or less. The significant association
between the expected frequencies and the observed frequencies in one or more
categories is determined by using a chi-square test. The two variables in a
contingency table are compared to see whether they are related to each other or not. In
order to find the association between categorical variables Chi-square test is
employed. The categorical variables includes gender and complexity to start up a
business, prior schooling and capability to conduct a market research, and income
level and creation of the firm.
1.7.6 Limitations of the study
The following are the major limitations of the study:
1. The study has been conducted among few students. Thus, the findings may not be
generalized able for the whole students.
2. Only three independent variables, subjective norm, perceived behavioural control
and entrepreneurship education and only three associations of categorical have been
considered in the entire study.
3. The study is carried out within limited time period.
4. The validity of the study depends on the accuracy of the information provided by
the respondents to be covered on the study.
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CHAPTER II
DATA PRESENTATION AND ANALYSIS
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of a firm chi-square test is used. The source of tables presented below are output from
SPSS software and edited in excel as well as presented in Annexure.
Gender of the respondents
The table clearly explains respondents profile on the basis of strata of gender
category. As evident from Table 2.1 there are no equal participants in terms of
gender. There were 160 respondents for the study. Out of 160 respondents, 72 were
male and remaining 88 were female. The results showed that there was less number of
male than female in the sample. Among all the respondents, the majority 55 percent of
respondents were female while 45 percent of the respondents were male.
Table 2.1 Gender of the respondents
Gender Frequency Percentage Cumulative %
Male 72 45% 45
Female 88 55% 100
Total 160 100%
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based schooling.
Yes 35 21.9
No 125 78.1
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corporate level. So, the finding shows that majority of students with percent of 69.4
personally know any entrepreneur and remaining 30.6 does not know any
entrepreneur.
No 49 30.6%
No 9 5.6%
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Table 2.7 Complexity to start up a new business
No 7 4.4%
Statements No % Percent of
cases
As evident from Table 2.9, the majority of the respondents with 31.9 percent ranked
competing in world market as their first choice and ranked one. Similarly, reaching a
high level of income is ranked two by the respondents of the study with the percent of
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28.10. Likewise, keeping a positive path of growing is ranked as third most important
by the respondents with 29.4 percent. Achieving a great social recognition is ranked
as the least important factor. It is rank four among the four alternatives of factors
influencing the entrepreneurial intention among university students with 37.50
percent.
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Survey on perceived behavioural control
The perceived impact of perceived behavioural control on entrepreneurial intention
among university students was collected by asking them to provide their views
regarding given statements on perceived behavioural control. The study used 5-point
likert scale to collect the stated information. The respondents rated the statements on
the basis of their perception and judgment. The evidence on this regard is presented in
table 2.11
Table 2.11 Survey on perceived behavioural control
Table 2.11 shows that maximum number of respondents with the weighted mean
score of 2.56 agreed that they find the creation of a new firm easy. The respondents
also agreed that they have necessary resources to start a firm with the weighted mean
value 2.56. Likewise, the weighted mean score for the statement of not requiring
expertise knowledge to start a firm is 2.03. The grand weighted mean for perceived
behavioural control is found 2.34.
Survey on entrepreneurship education
The perceived impact of entrepreneurship education on entrepreneurial intention
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among university students was collected by asking them to provide their views
regarding given statements on entrepreneurship education. The study used 5-point
likert scale to collect the stated information. The evidence on this regard is presented
in table 2.12
Table 2.12 Survey on entrepreneurship education
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Table 2.13 Survey on entrepreneurial intention
The Table 2.13 depicts that the statement I am willing to make my professional goal
to be an entrepreneur is agreed mostly by the respondents. This statement has the
highest weighted mean score of 3.81 percent. Similarly, another statement of
recommending others to start up their own firm is also agreed by the respondents.
This statement has the weighted mean score of 3.74 percent. Similarly, the statement
my intentions are to create a new firm in near future is agreed by the respondents with
least weighted mean score of 3.67. And the grand weighted mean value for the
variable entrepreneurial intention is found to be 3.74.
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Descriptive statistics for all the samples
Table 2.14 summarized the result of descriptive statistics of the entire variable under
study. The table depicts the descriptive statistics mean, median, mode, standard
deviation and variance of the variables under study of all sample respondents.
The Table 2.14 reveals the descriptive statistics for the whole sample. It is found that
mean value for the variable entrepreneurial intention is highest among other variables
with the mean 3.74. Similarly, the variable subjective norm has the second highest
mean of 3.72 followed by entrepreneurship education with the mean value of 3.02 and
perceived behavioural control with the mean value of 2.34. Similarly, the mid value
for entrepreneurial intention is found to be the highest with the value of 4.00.
Likewise, the mid value for subjective norm is found to be 3.84 being the second
highest and is followed by entrepreneurship education with the value of 3.00 and
perceived behavioural control with the value of 2.33. Mode is found to be highest on
two variables. They are subjective norm and entrepreneurial intention with the mode
value of 4.00. Mode value remains same for two variables employed under this study.
Remaining variables entrepreneurship education and perceived behavioural control
has mode value of 2.67 and 2.00. The standard deviation and variance is found
highest for entrepreneurial intention with the value 0.84 and 0.71 followed by
subjective norm with value of 0.80 in standard deviation and 0.63 in variance.
Chi-square test for association of categorical variables
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Chi-square is a non-parametric test used commonly for testing associations between
categorical variables. The study has been conducted to test the null hypothesis. The
Chi-square test shown in table 2.15, table 2.17 and 2.19 has been performed to
measure the association of variables. The categorical variables are: gender and
complexity to start up a new business, prior schooling and capability to conduct a
market research, and income level and creation of a new firm. The association
between these categorical variables is shown in Table 2.15, Table 2.17 and Table
2.19. Similarly, the cross tabulation table between the same categorical variables are
shown in Table 2.16, Table 2.18 and Table 2.20
Table 2.15 Chi-square test for gender and complexity to start up a new business
Statistical tools Value DF Asymp.sig. Exact Sig. Exact
(2-sided) (2-sided) Sig. (1-
sided)
Person Chi-square 0.798 1 0.372
a
Continuity Correction 0.255 1 0.614
Likelihood Ratio 0.832 1 0.362
Fisher’s Exact Test 0.460 0.312
Linear-by-Linear Association 0.793 1 0.373
No. of Valid Cases 160
a. 2 cells (50%) have expected count less than 5. The minimum expected count is
3.15.
b. Computed only for a 2×2 table.
The Table 2.15 reveals the results of chi-square test between two categorical variables
gender and complexity to start up a new business. The above hypothesis table reveals
that there is no significant association between gender and complexity to start up a
new business. The person Chi-square value is 0.460 which is greater than 0.05. This
means there exist no any association between gender and complexity to start up a new
business. Hence, the null hypothesis is accepted. The finding is contradictory to the
real theory of chi-square measurement. The variations on categorical variables show
the variations on expected cells too. The findings should have 0 cells expected. But,
the study showed 2 cells have expected count less than 5. This could probably occur
due to limited sample size and variations of group of categorical variables.
25
Table 2.16 Cross tabulation between gender & complexity to start up a new business
Gender Is it complex to start up a new Total
business?
Yes No
Male Count 70 2 72
% within Gender 97.20% 2.80% 100%
Female Count 83 5 88
% within Gender 94.30% 5.70% 100%
Total Count 153 7 160
% within Gender 95.60% 4.40% 100%
Table 2.17 Chi-square test for prior schooling and capability to conduct a market
research
26
findings should have 0 cells expected. But, the study showed 6 cells have expected
count less than 5. This could probably occur due to limited sample size and variations
of group of categorical variables. Hence, the findings showed that the categorical
variables are independent to each other. The result observed act as an evidence to
support the null hypothesis. Hence, prior schooling and capability to conduct a market
research are no way associated with each other. This could be generalaizable to the
business world too. It shows one should be capable on themselves to conduct a
market research.
Table 2.18 Cross tabulation between prior schooling and capability to conduct a
market research
Prior I am capable of conducting a market research Total
schooling SD D N A SA
Private Count 6 12 23 52 16 109
% within prior 5.50% 11.00% 21.10% 47.70% 14.70% 100%
schooling
Community Count 1 5 8 10 1 25
% within prior 4.00% 20.00% 32.00% 40.00% 4.00% 100%
schooling
Government Count 1 2 4 13 6 26
% within prior 3.80% 7.70% 15.40% 50.00% 23.10% 100%
schooling
Total Count 8 19 35 75 23 160
% within prior 5.00% 11.90% 21.90% 46.90% 14.40% 100%
schooling
Table 2.19 Chi-square test for income level and creation of a firm
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No. of Valid Cases 160
a. 6 cells (30%) have expected count less than 5. The minimum expected count is
1.52.
The Table 2.19 reveals the results of chi-square test between two categorical variables
income level and creation of a new firm. The above hypothesis table reveals that there
is no significant association between income level and creation of a firm. The Pearson
chi-square value is 0.353 which is greater than 0.05. This means there exist on any
association between income level and creation of a firm. Hence, the null hypothesis is
accepted. The finding is contradictory to the real theory of chi-square measurement.
The variation on categorical variables shows the variations on expected cells too. The
findings should have 0 cells expected. But, the study showed 6 cells have expected
count less than 5. This could probably occur due to limited sample size and variations
of group of categorical variables. The association between income level and creation
of a firm clearly supports the null hypothesis of the study. The finding shows that
creation of a firm does not depend upon any other factor. Hence, one could intend to
create a firm without being affected by external factors.
Table 2.20 Cross Tabulation between income level and creation of a firm
SD D N A SA
Most Count 6 25 9 4 0 44
importan
% within Reaching a 13,6 56.8 20.5 9.1% 0% 100%
t
high level of income % % %
Second Count 4 22 9 7 3 45
most
% within Reaching a 8.9% 48.0 20% 15.6 6.7% 100%
importan
high level of income % %
t
Third Count 4 16 11 8 5 44
most
% within Reaching a 9.1% 36.4 25% 18.2 11.4 100%
importan
high level of income % % %
28
t
Count 5 9 9 3 1 27
Least
% within Reaching a 18.5 33.3 33.3 11.1 3.7% 100%
importan
high level of income % % % %
t
29
association between prior schooling and capability to conduct a market research.
3. There is no association between income level and creation of a firm. The person
chi-square test shows the value of 0.353 which is greater than 0.05. Hence, the null
hypothesis is accepted. This means there exist on any significant association between
income level and creation of a firm.
Table 2.21 Hypothesis test
Discussion
As explained in the theory of planned behaviour, human behaviour is guided by three
kinds of consideration. They are behavioural beliefs, normative beliefs and control
behaviour. In this study, the major three factors determining the entrepreneurial
intention have been discussed. They are subjective norm, perceived behavioural
control and entrepreneurship education. The samples for the study are the university
students in Bhairahawa area. The structured questionnaire has been distributed in
order to know the intention of different students on entrepreneurship. The responses
were measured in 5- point likert scale and the null hypothesis was tested by using
descriptive and Chi-square test.
The result obtained through chi-square test clearly shows there is no any association
between the categorical variables used in this study. The first categorical variable was
gender and complexity to start up a new business. There was no any significant
association between these categorical variables. This means the variables are
independent. The major finding of Neneh (2014) has positive association between
entrepreneurship education and entrepreneurial intention. However, under this study
the statement under entrepreneurship education i.e. capability of conducting a market
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research has no any association with prior schooling. The result is inconsistent with
the findings of Yennita & Usman (2019). The finding shows the significant influence
of perceived behavioural control and subjective norm on entrepreneurial intention.
However, under this study there is not enough evidence to show that any of the
variables are associated with each other.
Mahmoud (2014) identified significant and positive effect of attitude on
entrepreneurial intention. However, under this study creation of a new firm is
nowhere associated with any other variable. The attitude or preference of students has
no association with any other categorical variable. The independency of variables is
projected. The respondents has agreed upon the statements provided them on the
subjective norm. The approval of starting a new firm, admiration on being the
entrepreneur and having a support of family and friends is agreed by the respondents.
Also, it has the highest grand weighted mean in compare to other variables. Potishuk
& Jan (2017) has also the major findings to support the subjective norms. The study
shows that subjective norm has positive effect on entrepreneurial intention. The
response obtained through the survey has mostly agreed upon the statements provided
on regards of subjective norm. Similarly, the major findings on the survey of
perceived behavioural control showed the strong disagreement of respondents on the
statement: I find the creation of new firm easy. Likewise, the statements: I do not
require expertise knowledge to start a firm and I have necessary resources to start firm
is strongly disagreed by the respondents. The result shows inconsistency with the
Utami (2017). It showed that significant effect of perceived behavioural control on
entrepreneurial intention. The respondents also majorly agreed upon the statements
and the result obtained was positive. This study clearly shows that there is no
association of categorical variables. There is no influence of any variables to each
other. The responses measured from 5- point likert scale with four major variables and
the association of three categorical variables obtained through chi square test provides
the enough evidence to agree upon this statement. The findings could be
generalaizable to real world of business too. It shows there is complexity on starting a
new firm. No any factors could influence the entrepreneurial intention. Hence, it has
been difficult to predict the real world situation that promotes entrepreneurship. The
findings clearly showed it is complex to start up a new firm especially by concerning
the subjective norms, perceived behavioural control and education related to
entrepreneurship
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CHAPTER III
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as second most important feature, keeping a positive path of growth is ranked as third
most important feature and achieving a great social recognition is ranked as least
important feature for entrepreneurial intentions among the respondents. Among all the
respondents, 30 percent believes that for the development of leadership and
communication skills university students intend to be an entrepreneur. Likewise, 27.3
percent believes that it enables networking and making professional contact and 21.3
percent believes that entrepreneurship allows creativity and opportunity recognition.
The descriptive statistics for the whole sample reveals that mean value with 3.74 is
highest for the entrepreneurial intention followed by subjective norm and
entrepreneurship education with the mean score of 3.72 and 3.02. Likewise, mode,
standard deviation and variance are also found highest for the variable entrepreneurial
intention followed by the variable subjective norm. The study tried to validate the
theory of planned behaviour for entrepreneurial intention among the university
students of Bhairahawa area. All the variables are confirmed in accordance with the
model.
3.2 Action implication
There are various factors that contribute the entrepreneurial intention among
university students. This study focuses on some major factors that influence
entrepreneurial intention among students. The results of this study will have important
implications and is believed to be helpful for the youths pursuing entrepreneurial
education. This study could act as an evident of the fact that creation and development
of a flexible economy requires the growth of entrepreneurial firms. Based on the
findings of this study, youths shall recognize various factors that could impact their
entrepreneurial intention. This study will be a useful reference for those researchers
who would plan to make any related study precisely. The findings of the study will
guide university students to evaluate the priorities for their way to entrepreneurship.
Similarly, the findings of this study shall allow the youths to improve their creativity
on entrepreneurial intention and implement necessary strategies to promote the
entrepreneurship.
33
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ANNEXURE
Questionnaire on ‘Entrepreneurial Intention among University Students’
Dear Sir/Madam,
I am a student of BBA at Bhairahawa Multiple Campus, Bhairahawa. This survey on
the mentioned title is designed to understand the entrepreneurial intention among
university students. You are kindly requested to fill up the questionnaire with relevant
information. The information provided will be kept confidential and used in aggregate
form. Your cooperation is expected to add academic value and will be highly
appreciated.
Regards,
Sharmila Pandey
Bhairahawa Multipple Campus
General Background
1. Faculty.............................................................................................
2. Gender a. Male b. Female
3. Education level a. Bachelor b. Master
4. Prior Schooling a. Private b. Community c. Government
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5. Have you ever been self-employed?
6. Do you personally know any entrepreneur?
7. Do you prefer entrepreneurship training?
8. Is it complex to start up a new business?
Following are the factors influencing entrepreneurial intention among students. Please
fill a right mark to your opinion to reflect the level of agreement or disagreement at
end of each statement. The answers provided will be measured in Likert scale. The 5
point measurement scale with explanation is below:
1 2 3 4 5
Strongly Disagree Disagree Neutral Agree Strongly Agree
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12.1 I find the creation of a new firm easy.
12.2 I do not require expertise knowledge to start a firm.
12.3 I have necessary resources to start a firm.
13 Entrepreneurship education 1 2 3 4 5
13.1 I have skills and training to be an entrepreneur.
13.2 I am confident with my financial knowledge to start a firm.
13.3 I am capable of conducting a market research.
14 Entrepreneurial intention 1 2 3 4 5
14.1 My intentions are to create a new firm in near future.
14.2 I will recommend others to start up their own firm.
14.3 I am willing to make my professional goal to be an
entrepreneur.
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