Factors Related to the Intention of Starting a Business: A Study Among Students in Vietnam
Factors Related to the Intention of Starting a Business: A Study Among Students in Vietnam

Summary/Abstract: This study has adapted Ajzen’s (1991) theory of planned behaviour (TPB) to investigate the effects of factors such as lifestyle, self-efficacy, social capital, attitude towards entrepreneurship, subjective norms and perceive behavioural control on a business start-up intention among Vietnamese students. By using a meta-analytic path analysis with a sample of 663 students at universities and colleges in Vietnam, the authors indicate that subjective norms do not directly affect the entrepreneurial intention but they have an indirect effect on the business start-up intention through the attitude towards entrepreneurship. Moreover, self-efficacy is seen as the most important factor in shaping the entrepreneurial intention, followed by the attitude towards entrepreneurship and social capital. Interestingly, the research results show that the attitude towards entrepreneurship plays the mediating role in the relationship between subjective norms, social capital and the entrepreneurial intention. These findings also show that the theory of planned behaviour can be effectively applied in the context of transitional economy in Vietnam.

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