THE ROLE OF SOCIAL ECONOMIC RESOURCES TOWARDS ENTREPRENEURIAL INTENTIONS

Abstract

Educating students about entrepreneurship and business studies has become need of the hour today. Limited availability of jobs in the country and ever-growing cost of living has made it imperative that students who have graduated recently must start their own business instead of waiting for some job offer. This will boost economic activity thereby creating more job opportunities for generations to come. Some of the previous studies have discovered that entrepreneurship learning has a significant outcome on entrepreneurial intention; but some studies also reported on the contrary, advising the need to further study social and economic aspects in this regard. This study has examined the association between social and economic resources and entrepreneurial intentions along with moderating role of entrepreneurial passion. The first part featured the introduction to the study which was followed by hypothetical model as well as conceptual model and relations. Finally, a hypothetical model was proposed creating a version of the philosophy of planned behavior followed by conclusion and suggestion for further research. This is a quantifiable study using a self-report analysis for data collection. The hypotheses were examined with 276 graduation and post-graduation students sample applying the partial least squares method. The outcomes showed a positive indirect relationship between entrepreneurial intentions and the perceived value of social-economic resources via their entrepreneurial attitudes. This study will assist the emerging researchers in the field of entrepreneurship teaching and will add some aspects that should be taken into account to expand entrepreneurship teaching programs.