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IIMS Journal of Management Science
Year : 2021, Volume : 12, Issue : 2
First page : ( 98) Last page : ( 114)
Print ISSN : 0976-030X. Online ISSN : 0976-173X.
Article DOI : 10.5958/0976-173X.2021.00007.5

Factors affecting entrepreneurial intentions: A literature review

Sahni Apoorva1, Janjhua Yasmin2, Sharma Krishan3

1Apoorva Sahni (Principal author and corresponding author) is a PhD Research Scholar at Department of Business Management, College of Horticulture at Dr. Y.S. Parmar University of Horticulture and Forestry, Nauni-173230, Solan, Himachal Pradesh, India. Can be reached at apurvasahni7@gmail.com

2Yasmin Janjhua is Currently working as Associate Professor at Department of Business Management, College of Horticulture at Dr. Y.S. Parmar University of Horticulture and Forestry, Nauni-173230, Solan, Himachal Pradesh, India. Can be reached at yasminjanjhua@gmail.com

3Krishan Sharma is Currently working as Professor at Department of Business Management, College of Horticulture at Dr. Y.S. Parmar University of Horticulture and Forestry, Nauni-173230, Solan, Himachal Pradesh, India. Can be reached at kksharma2021@gmail.com

Online published on 27 August, 2021.

Abstract

Entrepreneurship has been becoming progressively crucial. It is that weapon that helps combat unemployment, generates productivity, and help achieve innovative and competitive dominance. Various researchers have measured the entrepreneurial intention in different contexts and tried to determine the factors that have an impact on the said intention. The purpose of this paper is to increase the understanding in regard to how entrepreneurial potential is developed among young people. This study attempts to provide a more thorough comprehension of the key factors that lead an individual to become an entrepreneur. A systematic literature review is conducted and the factors that affect the intention have been analysed. The results of the study have led to division of factors into five categories. The five categories comprise of core entrepreneurial intention model, role of personality or psychology variables, demographic variables and their relation with entrepreneurial intention, entrepreneurial education and structural factors. This study will serve as a base for future studies and have implications for educators and policy makers interested in entrepreneurship in India.

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Keywords

Entrepreneurial intention, Self-employment, Entrepreneurial behaviour, Psychological entrepreneurial determinants.

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