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INTERDISCIPLINARY JOURNAL OF CONTEMPORARY RESEARCH IN BUSINESS<br />

Abstract<br />

Entrepreneurial Intentions among the Bus<strong>in</strong>ess Students<br />

<strong>of</strong> Higher Education Institutes <strong>of</strong> Punjab<br />

Muhammad Jawad Hasan Qureshi<br />

University <strong>of</strong> Management and Technology, Lahore, Pakistan<br />

Naveed Ahmed<br />

University <strong>of</strong> Management and Technology, Lahore, Pakistan<br />

M. Sarfraz Khan<br />

University <strong>of</strong> Management and Technology, Lahore, Pakistan<br />

Entrepreneurship is considered as the mean <strong>of</strong> wealth creation and personal fulfillment<br />

(Ma and Tan, 2005). This study attempts to f<strong>in</strong>d the entrepreneurial <strong>in</strong>tentions among the<br />

bus<strong>in</strong>ess students <strong>of</strong> higher education <strong>in</strong>stitutes <strong>of</strong> Punjab. The data is collected from 300<br />

students and the results <strong>in</strong>dicate that males and people hav<strong>in</strong>g families with bus<strong>in</strong>ess<br />

exposure are more <strong>in</strong>cl<strong>in</strong>ed to start their own bus<strong>in</strong>ess enterprise than females and<br />

students not hav<strong>in</strong>g family bus<strong>in</strong>ess exposure. In addition, environmental factors do not<br />

significantly affect the entrepreneurial <strong>in</strong>tentions among the bus<strong>in</strong>ess students <strong>of</strong> higher<br />

education <strong>in</strong>stitutes <strong>of</strong> Punjab.<br />

Keywords: Entrepreneurship, Education Institutes, Punjab.<br />

1. Introduction<br />

Entrepreneurship is said to be a perspective, the unique way to look at the world, a<br />

particular m<strong>in</strong>dset to leverage on the creativity to achieve some specific results (Ma &<br />

Tan, 2005) that might be pr<strong>of</strong>its or some other motives. Entrepreneurs <strong>in</strong>clude wide range<br />

<strong>of</strong> people as the bus<strong>in</strong>ess founders, owners, managers and university researchers (Gartner,<br />

1989).<br />

The role <strong>of</strong> entrepreneurs <strong>in</strong> the economic prosperity is widely discussed topic <strong>in</strong> the<br />

literature and many countries like Ch<strong>in</strong>a and India are reap<strong>in</strong>g the fruits on the<br />

entrepreneurship. M<strong>in</strong>niti and Lévesque (2008) provide the support for the benefits that<br />

entrepreneurial activities provide for an economy. They argue that these activities can be<br />

used as a tool to economic growth besides the research and developmental expenses.<br />

Moreover, entrepreneurship is also considered as the mean <strong>of</strong> wealth creation and<br />

personal fulfillment (Ma and Tan, 2005). In developed countries entrepreneurial activities<br />

contribute more than 80% <strong>of</strong> their <strong>in</strong>dustrial production (Otsuki, 2002) and 60% to 90%<br />

<strong>of</strong> the bus<strong>in</strong>ess <strong>of</strong> the world is done by SMEs (Al-Mohafi, 2008). The entrepreneurial<br />

activities are not only mean<strong>in</strong>gful <strong>in</strong> economic context by creat<strong>in</strong>g employment<br />

opportunities and bus<strong>in</strong>ess opportunities but also are important <strong>in</strong> social context by<br />

COPY RIGHT © 2011 Institute <strong>of</strong> <strong>Interdiscipl<strong>in</strong>ary</strong> Bus<strong>in</strong>ess <strong>Research</strong> 206<br />

JANUARY 2011<br />

VOL 2, NO 9<br />

Listed <strong>in</strong> ULRICH’S

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