KEY DETERMINANTS OF ENTREPRENEURIAL INTENTION AMONG STUDENTS: A LITERATURE REVIEW

Abstract

Policy makers, academicians, scholars, and educators have been showing their interest in entrepreneurship for several decades. Role of entrepreneurs is most crucial especially in developing countries to boost the economy of the nation and hence drive the economic growth. They act as a source of employment, innovation, development, and creativity. Therefore, there is a need to grow more and more entrepreneurs to enhance skills and creativity. To be an entrepreneur, there should be an entrepreneurial intention in the behavior of an individual. Intention is the first step in determining the behavior of an individual. In this view, there is an acute need to understand the entrepreneurial intention among students who can be prospective entrepreneurs. According to the proposed scheme on entrepreneurial development, Ministry of Skill Development & Entrepreneurship has proposed to include entrepreneurship education and entrepreneurship hubs in 3,000 more colleges in India. Entrepreneurship education is being given more importance to generate more awareness among the students. There are various approaches and theories that help us to study the entrepreneurial intention among students. Though there is abundant literature available on entrepreneurial intention, researchers have not yet agreed on the key determinants of entrepreneurial intention.  Therefore, this study attempts to provide a comprehensive understanding of the key determinants that prompt students to become entrepreneurs. The purpose of the study is to conduct a systematic literature review and to examine various research articles and research papers. This study will be contributing to the literature as a base for future studies on key determinants of entrepreneurial intention among students.