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‫طﻼب‬ ‫بين‬ ‫اﻷعمال‬ ‫ريادة‬ ‫نية‬ ‫على‬ ‫تؤثر‬ ‫التي‬ ‫العوامل‬ ‫استكشاف‬
‫السعودية‬ ‫العربية‬ ‫المملكة‬ ‫في‬ ‫اﻷعمال‬
Exploring the factors affecting entrepreneurial
intention among business students in Saudi Arabia
Main Author and Presenter
Dr. Najmul Hoda
Faculty – College of Business, Umm Al-Qura University, Makkah, KSA
Co-authors
Abdullah Kinsara; Afnan Mushtaq; Mohammad Hakeem; Mwafaq Al-Hakami
BABA Students, College of Business, Umm Al-Qura University, KSA
Hotel Ritz-Carlton, Jeddah
Nov. 26, 2018
Introduction
Literature Review
Research Objectives
Research Methodology
Analysis and Results
ConclusionsIntroduction
2
 Significance of Entrepreneurship:
 in optimal utilization of resources by entrepreneurs who contribute
to the growth of economy
 helps it sustain the overall growth of the country
 Saudi Vision 2030 has identified
 entrepreneurship (of all types – small and large) as one of the
pillars of growth and diversification
 Promoting entrepreneurship through education is one of its
main means
 Need for research
 to understand the prevailing tendencies among individuals
especially the youth
 Scientifically measuring entrepreneurial intention (EI) -
predicting the entrepreneurial behavior
Introduction
Literature Review
Research Objectives
Research Methodology
Analysis and Results
Conclusions
Entrepreneurial
Environment in KSA:
The Positives
3
 Number of successful start-ups in the Kingdom has increased
significantly
 Established centers of excellence - King Abdullah University of
Science and Technology (KAUST); Mohammad Bin Salman
College of Business and Entrepreneurship; entrepreneurship
seminars at King Khalid University; courses taught at the CoB-
UQU, etc
Women participation in economy has increased – cash asset in
commercial as high as US$ 100 Billion; number of women
entrepreneurs – from 7% to 39% between 2007 and 2017
Infrastructural support increased 3 times – prominently in areas
like Riyadh, Jeddah, Dhahran and Makkah
Introduction
Literature Review
Research Objectives
Research Methodology
Analysis and Results
Conclusions
Entrepreneurial
Environment in KSA:
The Concerns
4
 Contribution of SMEs to the GDP is just about
20% compared to 70% in other developing
countries
 The Global Entrepreneurship Monitor Report
2017 highlights other areas of concern –
 ENTREPRENEURIAL EDUCATION
 FINANCING
 POLICIES
Introduction
Literature Review
Research Objectives
Research Methodology
Analysis and Results
Conclusions
Literature Review
2/7
5
 EI has been studied using ad hoc as well as
standardized instruments
 “academic entrepreneurship” and “entrepreneurial
universities” are value associated with institutions
that promote entrepreneurial mindset among
students
 Several studies measuring EI (Ambad and Damit,
2015; Ahmaruddin, et al, 2016; Sandhu, et al., (2011)
 Theory of Planned Behavior has been used in several
studies (Essa and Ibrahim, 2018; James et al, 2016; Al-
Mobaireek and Manolova, 2012)
Introduction
Literature Review
Research Objectives
Research Methodology
Analysis and Results
Conclusions
Theoretical Model
2/7
6
The Entrepreneurial Intention Model based on
Theory of Planned Behavior (Adapted from Linan
and Chen 2009)
Introduction
Literature Review
Research Objectives
Research Methodology
Analysis and Results
ConclusionsResearch Objectives
3/7
7
 To measure the entrepreneurial intention (EI) of
business students in Saudi universities
 To test the relationship between human capital
(demographic and social factors) and
entrepreneurial intention (EI).
Introduction
Literature Review
Research Objectives
Research Methodology
Analysis and Results
ConclusionsResearch Methodology
3/7
8
 primary data collected mainly through google
survey
 survey instrument used was Entrepreneurial
Intention Questionnaire (EIQ) – first developed by
Moriano (2011) for a study on Spanish students
 four subscales: attitudes toward entrepreneurship;
subjective norms; perceived behavioral control;
and entrepreneurial intention
 270 valid responses
Introduction
Literature Review
Research Objectives
Research Methodology
Analysis and Results
Conclusions
Analysis and Results -
Descriptive
4/7
9
Descriptive Statistics (Table 1)
 Gender – 65.6% males and 34.4% females
 Age group – maximum in 19-21 and 22-24
 Majority received 2-3 years of business
education
10
Frequency
(N = 270)
Percent
Gender Male 177 65.6
Female 93 34.4
AGE
19-21 182 67.4
22-24 72 26.7
25-30 13 4.8
30 and above 3 1.1
Self-employment Yes 72 26.7
No 198 73.3
Role model Yes 148 54.8
No 122 45.2
Years of Business
Education
1-2 77 28.5
2-3 157 58.1
4 & above 36 13.3
Level of Business
Education
Undergraduate
(BBA/BCA/BCom) 255 94.4
Postgraduate
(MBA/MCom/Other) 12 4.4
No response 03 1.2
Table 1: Descriptive statistics
Introduction
Literature Review
Research Objectives
Research Methodology
Analysis and Results
Conclusions
Analysis and Results -
Satisfaction
4/7
11
 measured on 7 point Likert scale
 The overall entrepreneurial intention
(Mean = 5.39) is on the higher side
12
Mean
(N = 270)
S.D.
I am ready to do anything to be an
entrepreneur
5.37 1.57
My professional goal is to become an
entrepreneur
5.41 1.71
I will make every effort to start and run my
own firm
5.54 1.60
I am determined to create a firm in the
future
5.41 1.67
I have very seriously thought of starting a
firm
5.03 1.93
I have the firm intention to start a firm some
day
5.85 1.69
Overall 5.39
Table 2 - Entrepreneurial Intention
Introduction
Literature Review
Research Objectives
Research Methodology
Analysis and Results
Conclusions
Analysis and Results –
Inferential Analysis
4/7
13
 Gender was found to be not significantly
related to EI
 Previous self-employment experience, role
model and age were all found to be significant
 number of years a students has spent in
receiving business education did not show any
significant difference
14
Relationship Test applied Sig. (α =
0.05)
Result
1. Gender – EI t-test 0.834 No significant
difference
2. Self-employment
– EI
t-test 0.036 Significant
difference
3. Role Model – EI t-test 0.000 Significant
difference
4. Age – EI ANOVA 0.040 Significant
difference
5. Business
Education
completed – EI
ANOVA 0.242 No significant
difference
Table 3: Inferential Statistics
Introduction
Literature Review
Research Objectives
Research Methodology
Analysis and Results
ConclusionsConclusions
6/7
15
 help in developing the curriculum
 may include more stories/case studies of ventures and
businessmen/businesswomen who may become a role
model
 enabling environment - universities may try to
motivate students who are from business
background or closely know a businessman to take
him as a role model
 entrepreneurial curriculum may be included at any stage and
depending upon the requirement
 subsequent version of this paper will present the complete results of
the test of model
Acknowledgements
6/7
16
We thank our institution Umm Al-Qura
University for its support in completing this
research. We also express our sincere gratitude
to all the BBA students of College of
Business at Umm Al-Qura University and
other universities who participated in this
research.
Introduction
Related Works
Proposed Approach
Experimental Details
Results and Analysis
ConclusionsReferences (Selected)
7/7
17
1. Ajzen, I., (1991). "The theory of planned behavior". Organizational Behavior and
Human Decision Processes. 50 (2): 179–211
2. Almobaireek, W.N., Manolova, T.S., (2012), Who wants to be an entrepreneur?
Entrepreneurial intention among Saudi university students, African Journal of
Business Management, 6(11), 1029
3. Ambad, S N A and Damit, D H, (2016). Determinants of Entrepreneurial Intention
Among Undergraduate Students in Malaysia, Procedia Economics and Finance,
Volume 37, 2016, Pages 108-114
4. Armitage, C.J., and Conner, M., (2001). Efficacy of the theory of planned
behaviour: A meta-analytic review, British journal of social
psychology, 40 (4) (2001), pp. 471-499
5. Chen, C.C., Greene, P.G., and Crick, A., (1998) Does entrepreneurial self-efficacy
distinguish entrepreneurs from managers? Journal of Business Venturing, 13 (4),
pp. 295-316
6. Huyghe, A., & Knockaert, M. (2014). The influence of organizational culture and
climate on entrepreneurial intentions among research scientists. The Journal of
Technology Transfer, 40(1), 138-160.
Introduction
Related Works
Proposed Approach
Experimental Details
Results and Analysis
ConclusionsReferences (Selected)
7/7
18
7. Ismail, M., Khalid, S. and Othman, M., Jusoff, K., and Abdul Rahman,
N., and Mohamed K., and Rozihana, S.K. (2009). Entrepreneurial intention among
Malaysian undergraduates. International Journal of Business and Management, 4
(10). pp. 54-60. ISSN 1833-8119
8. Krueger, N.F., Reilly, M.D., and Carsrud, A.L., (2000). Competing models of
entrepreneurial intentions, Journal of Business Venturing, 15 (5) (2000), pp. 411-
432
9. Liñán, F. (2005). Development and validation of an Entrepreneurial Intention
Questionnaire (EIQ). En 15th Internationalizing Entrepreneurship Education and
Training Conference, Guildford.
10. Liñán, F., & Chen, Y. -W. (2009). Development and cross-cultural application of a
specific instrument to measure entrepreneurial intentions. Entrepreneurship
Theory and Practice, 33(3) (in press).
11. Thompson, E.R., (2009). Individual entrepreneurial intent: Construct clarification
and development of an internationally reliable metric, Entrepreneurship Theory
and Practice, 33 (3) (2009), pp. 669-694
19

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Pdf hoda et al entrepreneurial intention

  • 1. ‫طﻼب‬ ‫بين‬ ‫اﻷعمال‬ ‫ريادة‬ ‫نية‬ ‫على‬ ‫تؤثر‬ ‫التي‬ ‫العوامل‬ ‫استكشاف‬ ‫السعودية‬ ‫العربية‬ ‫المملكة‬ ‫في‬ ‫اﻷعمال‬ Exploring the factors affecting entrepreneurial intention among business students in Saudi Arabia Main Author and Presenter Dr. Najmul Hoda Faculty – College of Business, Umm Al-Qura University, Makkah, KSA Co-authors Abdullah Kinsara; Afnan Mushtaq; Mohammad Hakeem; Mwafaq Al-Hakami BABA Students, College of Business, Umm Al-Qura University, KSA Hotel Ritz-Carlton, Jeddah Nov. 26, 2018
  • 2. Introduction Literature Review Research Objectives Research Methodology Analysis and Results ConclusionsIntroduction 2  Significance of Entrepreneurship:  in optimal utilization of resources by entrepreneurs who contribute to the growth of economy  helps it sustain the overall growth of the country  Saudi Vision 2030 has identified  entrepreneurship (of all types – small and large) as one of the pillars of growth and diversification  Promoting entrepreneurship through education is one of its main means  Need for research  to understand the prevailing tendencies among individuals especially the youth  Scientifically measuring entrepreneurial intention (EI) - predicting the entrepreneurial behavior
  • 3. Introduction Literature Review Research Objectives Research Methodology Analysis and Results Conclusions Entrepreneurial Environment in KSA: The Positives 3  Number of successful start-ups in the Kingdom has increased significantly  Established centers of excellence - King Abdullah University of Science and Technology (KAUST); Mohammad Bin Salman College of Business and Entrepreneurship; entrepreneurship seminars at King Khalid University; courses taught at the CoB- UQU, etc Women participation in economy has increased – cash asset in commercial as high as US$ 100 Billion; number of women entrepreneurs – from 7% to 39% between 2007 and 2017 Infrastructural support increased 3 times – prominently in areas like Riyadh, Jeddah, Dhahran and Makkah
  • 4. Introduction Literature Review Research Objectives Research Methodology Analysis and Results Conclusions Entrepreneurial Environment in KSA: The Concerns 4  Contribution of SMEs to the GDP is just about 20% compared to 70% in other developing countries  The Global Entrepreneurship Monitor Report 2017 highlights other areas of concern –  ENTREPRENEURIAL EDUCATION  FINANCING  POLICIES
  • 5. Introduction Literature Review Research Objectives Research Methodology Analysis and Results Conclusions Literature Review 2/7 5  EI has been studied using ad hoc as well as standardized instruments  “academic entrepreneurship” and “entrepreneurial universities” are value associated with institutions that promote entrepreneurial mindset among students  Several studies measuring EI (Ambad and Damit, 2015; Ahmaruddin, et al, 2016; Sandhu, et al., (2011)  Theory of Planned Behavior has been used in several studies (Essa and Ibrahim, 2018; James et al, 2016; Al- Mobaireek and Manolova, 2012)
  • 6. Introduction Literature Review Research Objectives Research Methodology Analysis and Results Conclusions Theoretical Model 2/7 6 The Entrepreneurial Intention Model based on Theory of Planned Behavior (Adapted from Linan and Chen 2009)
  • 7. Introduction Literature Review Research Objectives Research Methodology Analysis and Results ConclusionsResearch Objectives 3/7 7  To measure the entrepreneurial intention (EI) of business students in Saudi universities  To test the relationship between human capital (demographic and social factors) and entrepreneurial intention (EI).
  • 8. Introduction Literature Review Research Objectives Research Methodology Analysis and Results ConclusionsResearch Methodology 3/7 8  primary data collected mainly through google survey  survey instrument used was Entrepreneurial Intention Questionnaire (EIQ) – first developed by Moriano (2011) for a study on Spanish students  four subscales: attitudes toward entrepreneurship; subjective norms; perceived behavioral control; and entrepreneurial intention  270 valid responses
  • 9. Introduction Literature Review Research Objectives Research Methodology Analysis and Results Conclusions Analysis and Results - Descriptive 4/7 9 Descriptive Statistics (Table 1)  Gender – 65.6% males and 34.4% females  Age group – maximum in 19-21 and 22-24  Majority received 2-3 years of business education
  • 10. 10 Frequency (N = 270) Percent Gender Male 177 65.6 Female 93 34.4 AGE 19-21 182 67.4 22-24 72 26.7 25-30 13 4.8 30 and above 3 1.1 Self-employment Yes 72 26.7 No 198 73.3 Role model Yes 148 54.8 No 122 45.2 Years of Business Education 1-2 77 28.5 2-3 157 58.1 4 & above 36 13.3 Level of Business Education Undergraduate (BBA/BCA/BCom) 255 94.4 Postgraduate (MBA/MCom/Other) 12 4.4 No response 03 1.2 Table 1: Descriptive statistics
  • 11. Introduction Literature Review Research Objectives Research Methodology Analysis and Results Conclusions Analysis and Results - Satisfaction 4/7 11  measured on 7 point Likert scale  The overall entrepreneurial intention (Mean = 5.39) is on the higher side
  • 12. 12 Mean (N = 270) S.D. I am ready to do anything to be an entrepreneur 5.37 1.57 My professional goal is to become an entrepreneur 5.41 1.71 I will make every effort to start and run my own firm 5.54 1.60 I am determined to create a firm in the future 5.41 1.67 I have very seriously thought of starting a firm 5.03 1.93 I have the firm intention to start a firm some day 5.85 1.69 Overall 5.39 Table 2 - Entrepreneurial Intention
  • 13. Introduction Literature Review Research Objectives Research Methodology Analysis and Results Conclusions Analysis and Results – Inferential Analysis 4/7 13  Gender was found to be not significantly related to EI  Previous self-employment experience, role model and age were all found to be significant  number of years a students has spent in receiving business education did not show any significant difference
  • 14. 14 Relationship Test applied Sig. (α = 0.05) Result 1. Gender – EI t-test 0.834 No significant difference 2. Self-employment – EI t-test 0.036 Significant difference 3. Role Model – EI t-test 0.000 Significant difference 4. Age – EI ANOVA 0.040 Significant difference 5. Business Education completed – EI ANOVA 0.242 No significant difference Table 3: Inferential Statistics
  • 15. Introduction Literature Review Research Objectives Research Methodology Analysis and Results ConclusionsConclusions 6/7 15  help in developing the curriculum  may include more stories/case studies of ventures and businessmen/businesswomen who may become a role model  enabling environment - universities may try to motivate students who are from business background or closely know a businessman to take him as a role model  entrepreneurial curriculum may be included at any stage and depending upon the requirement  subsequent version of this paper will present the complete results of the test of model
  • 16. Acknowledgements 6/7 16 We thank our institution Umm Al-Qura University for its support in completing this research. We also express our sincere gratitude to all the BBA students of College of Business at Umm Al-Qura University and other universities who participated in this research.
  • 17. Introduction Related Works Proposed Approach Experimental Details Results and Analysis ConclusionsReferences (Selected) 7/7 17 1. Ajzen, I., (1991). "The theory of planned behavior". Organizational Behavior and Human Decision Processes. 50 (2): 179–211 2. Almobaireek, W.N., Manolova, T.S., (2012), Who wants to be an entrepreneur? Entrepreneurial intention among Saudi university students, African Journal of Business Management, 6(11), 1029 3. Ambad, S N A and Damit, D H, (2016). Determinants of Entrepreneurial Intention Among Undergraduate Students in Malaysia, Procedia Economics and Finance, Volume 37, 2016, Pages 108-114 4. Armitage, C.J., and Conner, M., (2001). Efficacy of the theory of planned behaviour: A meta-analytic review, British journal of social psychology, 40 (4) (2001), pp. 471-499 5. Chen, C.C., Greene, P.G., and Crick, A., (1998) Does entrepreneurial self-efficacy distinguish entrepreneurs from managers? Journal of Business Venturing, 13 (4), pp. 295-316 6. Huyghe, A., & Knockaert, M. (2014). The influence of organizational culture and climate on entrepreneurial intentions among research scientists. The Journal of Technology Transfer, 40(1), 138-160.
  • 18. Introduction Related Works Proposed Approach Experimental Details Results and Analysis ConclusionsReferences (Selected) 7/7 18 7. Ismail, M., Khalid, S. and Othman, M., Jusoff, K., and Abdul Rahman, N., and Mohamed K., and Rozihana, S.K. (2009). Entrepreneurial intention among Malaysian undergraduates. International Journal of Business and Management, 4 (10). pp. 54-60. ISSN 1833-8119 8. Krueger, N.F., Reilly, M.D., and Carsrud, A.L., (2000). Competing models of entrepreneurial intentions, Journal of Business Venturing, 15 (5) (2000), pp. 411- 432 9. Liñán, F. (2005). Development and validation of an Entrepreneurial Intention Questionnaire (EIQ). En 15th Internationalizing Entrepreneurship Education and Training Conference, Guildford. 10. Liñán, F., & Chen, Y. -W. (2009). Development and cross-cultural application of a specific instrument to measure entrepreneurial intentions. Entrepreneurship Theory and Practice, 33(3) (in press). 11. Thompson, E.R., (2009). Individual entrepreneurial intent: Construct clarification and development of an internationally reliable metric, Entrepreneurship Theory and Practice, 33 (3) (2009), pp. 669-694
  • 19. 19