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What Determines Entrepreneurial Intention in India?

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  • Noel Saraf

Abstract

The article analyses factors influencing entrepreneurial intent and studies the relationship between an individual's preliminary entrepreneurial intention of starting a business and the factors driving the same, in India. Using a large sample of individuals, we investigate what variables are significantly correlated with the initial decision to start a business. We use a binomial logit model to test how individual characteristics, subjective perceptions, demographic and economic characteristics are correlated to the decision to start a new business. Our results suggest that part-time work experience and social network effects are the strongest in shaping entrepreneurial intentions. A striking outcome in India is seen in the case of gender, which shows no significant impact on the probability of business start-up, suggesting that both males and females are equally likely to have entrepreneurial intentions.

Suggested Citation

  • Noel Saraf, 2015. "What Determines Entrepreneurial Intention in India?," Journal of Entrepreneurship and Innovation in Emerging Economies, Entrepreneurship Development Institute of India, vol. 1(1), pages 39-55, January.
    • Handle: RePEc:sae:jouent:v:1:y:2015:i:1:p:39-55
    DOI: 10.1177/2393957514555255
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    References listed on IDEAS

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    Cited by:

    1. Tendai Douglas Svotwa & Olumide Jaiyeoba & Mornay Roberts-Lombard & Charles Makanyeza, 2022. "Perceived Access to Finance, Entrepreneurial Self-Efficacy, Attitude Toward Entrepreneurship, Entrepreneurial Ability, and Entrepreneurial Intentions: A Botswana Youth Perspective," SAGE Open, , vol. 12(2), pages 21582440221, May.
    2. Shalini Shukla & Rakesh Kumar, 2024. "Venturing into a New Business: Do Self-efficacy and Risk-taking Propensity Help?," Vikalpa: The Journal for Decision Makers, , vol. 49(1), pages 25-44, March.

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