n Journal of Emerging Trends in Educational Research and Policy Studies - Capacity for venturing among students : roles of personality and self-efficacy in entrepreneurial intentions

Volume 10 Number 2
  • ISSN : 2141-6990
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Entrepreneurship development plays an important role in a nation’s economic development and growth. There is however, little understanding of some factor that could influence students’ entrepreneurial intentions. This study adopted a cross-sectional design to examine personality and self-efficacy as factors in entrepreneurial intention among undergraduates. Three hundred sixty three (363) undergraduate students (age range = 18 to 29 years with a mean age of 23.5 years), comprising 180 (49.6%) males and 183 (50.4%) females, completed the Big-Five Personality Inventory, General Self-Efficacy Scale and Entrepreneurial Intention Questionnaire. Results of a hierarchical multiple regression showed that agreeableness, conscientiousness, openness to experience and self-efficacy were factors in entrepreneurial intention among undergraduate students. Extraversion and neuroticism were not found to be significant factors in predicting entrepreneurial intentions. Results imply that students who believe in themselves and have interpersonal cordial tendencies, achievement orientation, disciplined, hardworking, thorough, purposeful, orderly, creative imaginative, possess originality of thought and are strong-willed have the tendency to become entrepreneurs. It was suggested that capacity building programmes for developing entrepreneurial mindset among youths need to consider personality factors and enhance self-efficacy beliefs of students.

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