Investigating Entrepreneurial Intention through Entrepreneurial Event Model (EEM) among Graduate and Master Students in Public sector universities of Thailand

Abstract

Today entrepreneurship is widely recognized as an engine for economic growth and prosperity. In this connection, diverting intention of an individual towards entrepreneurship is essential for every economy. To take into account, the purpose of this study to identify factors that may influence on student’s intention towards entrepreneurship. This is conceptualized with the support of Entrepreneurial Event Model (EEM). This study proposes quantitative methodology in which cross-sectional data is randomly collected from various public sector universities of Thailand through a survey questionnaire by using SurveyMonkey. The respondents were graduate and master students. After cleaning the data, 304 samples were used for the final usage. The response rate was 53 %. Statistical Package for Social Sciences (SPSS) version 21.0 and Analysis of Moment Structure (AMOS) were applied for the data analysis. The results of Structural Equation Modeling (SEM) show that there is a positive and significant relationship of perceived feasibility and perceived desirability with entrepreneurial intention. On the other hand, there is non-significant relationship between self-efficacy and entrepreneurial intention. This study may be beneficial for policy makers to formulate the policies regarding the promotion of entrepreneurship because the mind of people is promptly heading towards entrepreneurship. Furthermore, it may contribute in the domain literature of entrepreneurship and particularly for developing countries.