FACTORS INFLUENCING ENTREPRENEURIAL INTENTIONS OF UNDERGRADUATE STUDENTS IN LIUZHOU INSTITUTE OF TECHNOLOGY, GUANGXI PROVINCE, CHINA
Keywords:
Entrepreneurial Intention, Self-Efficacy, Social SupportAbstract
This research aims to: 1. examine the entrepreneurial intentions of undergraduate students and 2. investigate the factors influencing their entrepreneurial intentions at Liuzhou Institute of Technology, Liuzhou City, Guangxi Province, China. The study sample consisted of 363 undergraduate students from the institution. Data were collected using a questionnaire and analyzed using percentage, mean, standard deviation, Pearson’s correlation coefficient, and multiple regression analysis.
The findings reveal that: 1. the entrepreneurial intentions of students at Liuzhou Institute of Technology are at a moderate level on average. 2. The factors expected to influence entrepreneurial intentions include government support and personal characteristics, both of which were rated at a high level, while institutional support, social support, and self-efficacy were rated at a moderate level. Pearson’s correlation analysis indicated that all five independent variables positively correlate with entrepreneurial intentions at a significance level of .01. Hypothesis testing results show that self-efficacy and social support have a positive influence on students' entrepreneurial intentions, whereas government support has a negative influence. The regression model, which includes all independent variables, explains 39.6% of the variance in entrepreneurial intentions, indicating that additional factors influencing entrepreneurial intentions were not accounted for in this study. The unexpected negative influence of government support on entrepreneurial intentions may not be entirely rational and could be attributed to various factors, such as the sample characteristics, research instruments, mediating variables, or specific conditions of government policies in China.
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