Project Abstract

Abstract
This study aims to investigate the role of locus of control on the start-up intention of higher institution students. Locus of control is a psychological concept that refers to an individual's belief about the extent to which they can control events that affect them. In the context of entrepreneurship, locus of control can influence an individual's belief in their ability to start and manage a business successfully. The study will explore how internal and external locus of control beliefs among higher institution students are associated with their intention to start a business. The research will adopt a quantitative approach, utilizing a survey questionnaire to collect data from a sample of higher institution students. The questionnaire will include measures of locus of control, entrepreneurial intention, and demographic variables. Statistical analysis, such as correlation and regression analysis, will be used to examine the relationships between locus of control and start-up intention. The findings of this study are expected to contribute to the existing literature on entrepreneurship and psychological factors influencing entrepreneurial intentions. By understanding how locus of control beliefs shape the start-up intentions of higher institution students, educators and policymakers can design interventions and programs to support and encourage entrepreneurial endeavors among students. Furthermore, the results may have implications for career counseling services within higher institutions, helping students identify and develop their entrepreneurial potential. Overall, this research will provide valuable insights into the role of locus of control in shaping the entrepreneurial intentions of higher institution students. By identifying the influence of internal and external locus of control on start-up intentions, this study can inform strategies to foster an entrepreneurial mindset among students and promote a culture of innovation and creativity within higher education institutions.

Project Overview

INTRODUCTION

THE BACKGROUND OF THE STUDY

The educational system is a key area where it is possible to intervene and present entrepreneurship as a viable alternative to dependent employment. The support for this view comes from a widely literature review of enterprise, entrepreneurship and business creation. The idea is also present in the European Union recommendations. (see Action plan to promote entrepreneurship and competitiveness – Best action plan and green paper on entrepreneurship) which refers to the promotion of entrepreneurship through the education system from primary school to university as a main goal.

Recent literature review evaluates or measure the impact of general education on entrepreneurship and entrepreneurial activity suggests some possible generalizations. Evidence suggesting a positive link between education and entrepreneurship is robust. “it is becoming clear that entrepreneurship or certain facet on it can be taught”. Most of the imperical studies indicate that entrepreneurship can be taught, at least encouraged by entrepreneurship education. In addition, the entrepreneurship role can be culturally and experimentally acquired and therefore influenced by education and training. Thus the present educational system should encourage the concept of an enterprise culture.

Works advance the idea that formal entrepreneurship education affects the attitudes of students, influencing them in the direction of future career and affect their propensity for entrepreneurship when they become adults. In this sense, the pedagogical approach should encourage children to make decisions and accept mistakes as part of their learning process, underline the importance to develop a common framework to evaluate, compare and improve the design of educational programs of entrepreneurship. It is important to create the right entrepreneurship environment at the educational institution. Entrepreneurial activities should be integrated into the programmes of the institution from an early stage and need to be supported by school culture. Thus, in entrepreneurship education literature, primary, secondary and tertiary schools have received growing attention and enterprise education programmes in tertiary schools were confirmed to be important for later entrepreneurial intentions. It is believed that the ideal stage to acquire basic knowledge about entrepreneurship and to foster a positive attitude towards entrepreneurship is during childhood and adolescence years.

The knowledge of student’s entrepreneurial characteristics that have more impact on entrepreneurial intentions can be an important contribution for the development of adequate educational programmes related with entrepreneurship and business creation.

STATEMENT OF PROBLEM

It is not an over statement stating that no business start up can strive successfully with out its own teething problems, an so this work enumerated some of the problems which are paramount to start up intention among the students of higher institutions

What is the entrepreneurial intention of students of higher institution?
What is the effect of locus of control on the start up intention?