Abstract:

Entrepreneurship increases national competitiveness and is an important driver for economic growth. Researchers have tried to predict future entrepreneurial behavior, particularly through the study of entrepreneurial intentions. This study is based in an international sample of 264 respondents and analyses the effect of risk attitude, entrepreneurship education and entrepreneurial self-efficacy on entrepreneurial intentions. The proposed Structure Equation Model shows that entrepreneurship education and entrepreneurial self-efficacy have a positive effect on the intention to become an entrepreneur, whilst risk averseness has a strong negative effect on entrepreneurial intentions. These findings can be used for the effective promotion of entrepreneurship by focusing on the factors that have the biggest effect on entrepreneurial intentions. Key Words: Entrepreneurship, Entrepreneurial Intentions, Risk, Education, Self-Efficacy, Structure Equation Modeling.

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