Abstract:
Purpose:
The purpose of the research is to determine the factors that influence the young peoples’
intention towards entrepreneurship. For finding the positive and negative impact of certain
factors on the entrepreneurial intention, six universities of Karachi are selected. The research
will conclude the influence of various perceived factors on the entrepreneurial intention of
young people.
Methodology/sample:
The study involved the use of questionnaires filled by final year students of 6 different
universities of Karachi, who are aspiring to become future entrepreneurs. For analyzing the
data, regression and correlation through SPSS software has been applied. The descriptive
data analysis is conducted through the interpretation of responses in general words for the
purpose of easy understanding.
Findings:
The data analysis and the comparative results • presents the clear understanding of the
influence of various perceived factors in determining the entrepreneurial intentions of young
people and also suggested that the improvements in various factors such as entrepreneurship
education, financial support and conducive business environment can, somehow, enhance the
intention of young people to select entrepreneurship as a career.
Practical Implications:
The outcomes of the research might help the upcoming and aspiring future entrepreneurs to
determine their entrepreneurial intent through the understanding of various factors that might
influence their decision to become entrepreneurs. It will also help the existing entrepreneurs
to assess the influence of such factors on their intention, decision-making and effective
conduction of business.