Entrepreneurial Intention Study

Questions and Answers

What defines entrepreneurship according to the Global Entrepreneurship Monitor (GEM)?

The process of developing market strategies only.

The creation of non-profit organizations.

Attempt at new business or venture creation. (correct)

Only the expansion of existing businesses.

What does entrepreneurial intention refer to?

A market analysis report.

A comprehensive business plan.

The motivation to start a new venture. (correct)

The desire to expand an existing business.

Which of the following is NOT a contribution of entrepreneurship to economic development?

Creation of new jobs

Development of new technologies

Formation of new markets

Establishment of monopolies (correct)

According to the theory of planned behavior (TPB), what is the relationship between intention and behavior?

Intention is a predictor of behavior. Signup and view all the answers

Which characteristic is typically associated with aspiring entrepreneurs?

High need for achievement Signup and view all the answers

What is a key process for economic development attributed to economists in the context of entrepreneurship?

Pioneering efforts in entrepreneurship. Signup and view all the answers

Which of the following factors does NOT affect an individual's entrepreneurial aspirations according to research?

Social media presence Signup and view all the answers

How does entrepreneurship impact the economy regarding productivity?

It results in an increase in real productivity. Signup and view all the answers

What was the primary purpose of the study conducted in Kathmandu Valley?

To analyze the influence of risk tolerance and self-efficacy on entrepreneurial intentions. Signup and view all the answers

What sampling method was used to select respondents for the study?

Convenient sampling method Signup and view all the answers

How many questionnaires were distributed in the study?

180 Signup and view all the answers

What conclusion did the study reach regarding risk tolerance?

Risk tolerance has no impact on entrepreneurial intentions. Signup and view all the answers

Which factor was identified as significant in determining entrepreneurial intentions?

Self-efficacy Signup and view all the answers

What does entrepreneurship primarily involve?

Innovating initiatives and taking risks to create new ventures. Signup and view all the answers

What role does entrepreneurship play in an economy?

It is a crucial source of employment and economic growth. Signup and view all the answers

What was the research design used in this study?

Descriptive and correlation Signup and view all the answers

What is the primary concern of the study?

To understand factors fostering entrepreneurship Signup and view all the answers

What does the propensity to act primarily refer to?

The individual’s willingness to act on decisions Signup and view all the answers

Which antecedent of entrepreneurial intention is not mentioned in Krueger and Carsrud's study?

Financial investment capacity Signup and view all the answers

How does personal character influence an entrepreneur's intention according to the study?

It can foster the entrepreneurial intention Signup and view all the answers

Which model is identified as the best predictor of planned behavior, including becoming an entrepreneur?

Theory of Planned Behavior and EE Model Signup and view all the answers

What does perceived desirability refer to in the context of entrepreneurship?

The attractiveness of starting a business Signup and view all the answers

What influence does having a close network of other entrepreneurs have on an individual?

Increases their entrepreneurial intentions Signup and view all the answers

Which factor is highlighted as influencing the entrepreneurial intention of management students?

Risk tolerance and self-efficacy Signup and view all the answers

At which entrepreneurial stage is family involvement considered to be the strongest?

Decision to Start a Venture Stage Signup and view all the answers

What is perceived self-efficacy in the context of becoming an entrepreneur?

The belief in one's capability to start a business Signup and view all the answers

What characteristic is often found in successful entrepreneurs according to Taatila?

Charismatic characteristics enabling networking Signup and view all the answers

How are impulsive and deliberate entrepreneurial intentions categorized according to Ben, S.?

As levels of willingness to engage in entrepreneurship Signup and view all the answers

What role do subjective norms play in entrepreneurial intention?

They represent the perceived social pressure to perform the behavior Signup and view all the answers

According to the study, what increases an individual's intention to initiate a business?

Favorable attitudes and subjective norms Signup and view all the answers

What role does social networking play in entrepreneurship according to the research?

It aids in gathering valuable information and feedback Signup and view all the answers

Which factor is NOT mentioned as contributing to impulsive entrepreneurial intention?

Market research experience Signup and view all the answers

Which statement reflects the highest mean regarding the entrepreneurial intention of management students?

My professional goal is becoming an entrepreneur Signup and view all the answers

What does a high mean value indicate about the entrepreneurial intention in this context?

A positive view towards entrepreneurship Signup and view all the answers

What is the composite mean for the entrepreneurial intention test scale based on the statistics provided?

3.98 Signup and view all the answers

Which variable associated with entrepreneurial intention shows the highest risk based on the content?

I am ready to make anything to be an entrepreneur Signup and view all the answers

What aspect of self-efficacy is highlighted in relation to entrepreneurial intentions?

Positive perceptions of self-efficacy correlate to stronger entrepreneurial intentions Signup and view all the answers

In the table, which statement has the lowest mean regarding entrepreneurial intention and ranks as the sixth?

I am ready to make anything to be an entrepreneur Signup and view all the answers

Which statement emphasizes the long-term commitment of students towards entrepreneurship?

I have got the firm intention to start a firm someday Signup and view all the answers

Which of the following characteristics is cited as a reward for entrepreneurs taking risks?

Potential profits from ventures Signup and view all the answers

Study Notes

Entrepreneurial Intention of Management Students in Kathmandu Valley

Study investigates the link between risk tolerance and self-efficacy affecting entrepreneurial intention among management students in Kathmandu Valley.
Utilized a convenient sampling method, distributing 180 questionnaires and receiving 140 responses from graduates and post-graduates.
Employs descriptive and correlation research designs for data analysis.
Concludes that risk tolerance does not significantly influence students' entrepreneurial intentions, contrasting with earlier research.
Establishes that self-efficacy positively correlates with entrepreneurial intentions, affirming findings from previous studies.

Importance of Entrepreneurship

Entrepreneurship involves innovating, risk-taking, and implementing new ideas, crucial for economic growth.
Acts as a driving force in job creation, wealth generation, and fostering innovation.
Vital for developing economies, such as Nepal, where it shifts focus from agriculture to business.
Results in new markets, industries, technology, and enhances real productivity.

Definitions and Theories

Entrepreneurial Intention: Represents an individual's plan or intent to start a new business.
Theory of Planned Behavior (TPB) is a widely recognized framework predicting intentions affecting behavior, including entrepreneurship.
Key antecedents in the TPB model include personal attitude towards behavior, subjective norms (social pressure), and perceived self-efficacy.

Factors Influencing Entrepreneurial Intention

Entrepreneurial aspirations may vary according to demographic factors like age, gender, self-efficacy, and need for achievement.
Perceived desirability refers to the attractiveness of becoming an entrepreneur, while perceived feasibility measures one's confidence in starting a business.
Social networks significantly impact entrepreneurial intentions, with stronger networks increasing an individual's propensity to start a venture.

Key Statistics on Entrepreneurial Intentions

Descriptive statistics show a test scale mean of entrepreneurial intention at 3.98, indicating positive views among respondents.
Highest individual mean of 4.16 recorded for the statement, "My professional goal is becoming an entrepreneur."
"I am ready to make anything to be an entrepreneur" has the lowest mean of 3.56, reflecting lower commitment levels.

Role of Self-Efficacy

Self-efficacy relates to an individual's perception of their abilities to perform entrepreneurial activities.
High self-efficacy correlates with stronger intentions to start ventures, promoting entrepreneurial behavior and confidence.

Conclusion

Understanding the role of self-efficacy is essential in fostering entrepreneurial intention among students.
The study highlights the need for educational curricula to enhance self-efficacy in aspiring entrepreneurs, potentially impacting future entrepreneurial activity and economic development in Nepal.

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Description

This study explores the interplay between risk tolerance and self-efficacy in shaping the entrepreneurial intentions of management students in the Kathmandu Valley. Utilizing a convenient sampling method and self-structured questionnaires, it sheds light on key factors influencing student entrepreneurship.

Entrepreneurial Intention Study

Questions and Answers

What defines entrepreneurship according to the Global Entrepreneurship Monitor (GEM)?

What does entrepreneurial intention refer to?

Which of the following is NOT a contribution of entrepreneurship to economic development?

According to the theory of planned behavior (TPB), what is the relationship between intention and behavior?

Which characteristic is typically associated with aspiring entrepreneurs?

What is a key process for economic development attributed to economists in the context of entrepreneurship?

Which of the following factors does NOT affect an individual's entrepreneurial aspirations according to research?

How does entrepreneurship impact the economy regarding productivity?

What was the primary purpose of the study conducted in Kathmandu Valley?

What sampling method was used to select respondents for the study?

How many questionnaires were distributed in the study?

What conclusion did the study reach regarding risk tolerance?

Which factor was identified as significant in determining entrepreneurial intentions?

What does entrepreneurship primarily involve?

What role does entrepreneurship play in an economy?

What was the research design used in this study?

What is the primary concern of the study?

What does the propensity to act primarily refer to?

Which antecedent of entrepreneurial intention is not mentioned in Krueger and Carsrud's study?

How does personal character influence an entrepreneur's intention according to the study?

Which model is identified as the best predictor of planned behavior, including becoming an entrepreneur?

What does perceived desirability refer to in the context of entrepreneurship?

What influence does having a close network of other entrepreneurs have on an individual?

Which factor is highlighted as influencing the entrepreneurial intention of management students?

At which entrepreneurial stage is family involvement considered to be the strongest?

What is perceived self-efficacy in the context of becoming an entrepreneur?

What characteristic is often found in successful entrepreneurs according to Taatila?

How are impulsive and deliberate entrepreneurial intentions categorized according to Ben, S.?

What role do subjective norms play in entrepreneurial intention?

According to the study, what increases an individual's intention to initiate a business?

What role does social networking play in entrepreneurship according to the research?

Which factor is NOT mentioned as contributing to impulsive entrepreneurial intention?

Which statement reflects the highest mean regarding the entrepreneurial intention of management students?

What does a high mean value indicate about the entrepreneurial intention in this context?

What is the composite mean for the entrepreneurial intention test scale based on the statistics provided?

Which variable associated with entrepreneurial intention shows the highest risk based on the content?

What aspect of self-efficacy is highlighted in relation to entrepreneurial intentions?

In the table, which statement has the lowest mean regarding entrepreneurial intention and ranks as the sixth?

Which statement emphasizes the long-term commitment of students towards entrepreneurship?

Which of the following characteristics is cited as a reward for entrepreneurs taking risks?

Study Notes

Entrepreneurial Intention of Management Students in Kathmandu Valley

Importance of Entrepreneurship

Definitions and Theories

Factors Influencing Entrepreneurial Intention

Key Statistics on Entrepreneurial Intentions

Role of Self-Efficacy

Conclusion

Studying That Suits You

Description

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