Factors Influencing the Entrepreneurial Intention of University Business Students: Evidence from Lima-Peru

Authors

  • Franklin Cordova-Buiza Research, Innovation and Social Responsibility Department, Universidad Privada del Norte, Lima, Peru / Faculty of Business Sciences, Universidad Continental, Huancayo, Peru
  • Geraldine Toribio-Tamayo Business Faculty, Universidad Privada del Norte, Lima, Peru
  • Marco Antonio Jesus Garcia-Portuguez Business Faculty, Universidad Privada del Norte, Lima, Peru
  • Diana Carolina Martinez-Torres Business Administration Program, Fundación Universitaria Colombo Internacional- Unicolombo, Cartagena, Colombia

DOI:

https://doi.org/10.34190/ecie.18.1.1397

Keywords:

subjective norm, self-efficacy, entrepreneurial attitude, companies, Latin America, employment, entrepreneurial spirit

Abstract

Entrepreneurial intention has become a question, and in order to investigate its study, this research was based on the Theory of Planned Behaviour, which takes as dimensions the entrepreneurial attitude, the subjective norm and self-efficacy. The purpose of this research is to identify the factors that influence the entrepreneurial will of university business students in Peru. For this purpose, the study method used is mixed, cross-sectional and non-experimental; it comprises a quantitative analysis with a sample of 400 university students, to whom a virtual questionnaire was applied; and it is complemented with a qualitative analysis through videoconference interviews with 11 experts in entrepreneurship in the Peruvian and international context, made up of business career coordinators, university business incubator coordinators and student entrepreneurs. The results highlight as factors in entrepreneurial intention the desire to be independent (65%), the challenge in practice of creativity and innovation (62%), the enjoyment of knowledge about business genesis strategies (55%), also the development of soft skills such as leadership and resilience, as the merit of attributing technological tools within the business, notions highlighted by the qualitative analysis. It is concluded that universities should take these factors into account in the design of competencies in their student curricula, creating programs that generate an entrepreneurial ecosystem, and with it, the formation of companies, new jobs and socioeconomic improvement.

Author Biography

Franklin Cordova-Buiza, Research, Innovation and Social Responsibility Department, Universidad Privada del Norte, Lima, Peru / Faculty of Business Sciences, Universidad Continental, Huancayo, Peru

Franklin Cordova-Buiza is a doctoral candidate in Social and Legal Sciences at the University of Cordoba, Spain. Has a master's in Administration with a mention in business management from the Universidad Nacional Mayor de San Marcos, Perú, with Postgraduate Specialization in Marketing and Tourism Business Plans. University Professor, researcher and consultant; author of scientific articles related to tourism and marketing.

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Published

2023-09-18