Effect of Individual Factor on Entrepreneurship Intention among Undergraduate Students in Bhutan

Abstract

The study explored the effects of age; field of study, academic performance, and past job experience of undergraduate students under Royal University of Bhutan (RUB) on their entrepreneurial intention. Today, youth entrepreneurship is regarded as a career option. It is, therefore, important for the policymakers, educators, and the public to understand individual factors that influence to become entrepreneurs. This study collected data from 384 undergraduate students (sample size determined using Yamane formula) within the age group of 18-34 from four colleges under RUB using self-administrative structured questionnaires. To ensure representativeness in each selected college, it devised multi-stage proportionate sampling technique. This study conducted Chi-square test of independence to examine the influence of individual factors on their entrepreneurial intentions. The result showed that the academic course the student assumed and their past job experiences, especially in business has a relationship with their entrepreneurial career plan after graduation. Likewise, student's age influences their entrepreneurship intention. However, the result showed no relationship between academic performance and their entrepreneurial intentions after their graduation. Therefore, findings suggest the need for entrepreneurship education in the university curriculum.