SELF-EFFICACY AND ENTREPRENEURIAL INTENTION: CASE STUDY IN AN INTERMEDIATE CITY OF COLOMBIA

Jorge Restrepo, Tecnológico de Antioquia I.U., Colombia
Edgar Julian Gálvez-Albarracín, Universidad del Valle, Colombia
Rafael Andrés Guauña-Aguilar, Chamber of Commerce of Cauca, Colombia

Published in

INTERNATIONAL JOURNAL OF BUSINESS RESEARCH
Volume 18, Issue 3, p67-80, October 2018

ABSTRACT

University entrepreneurship has developed worldwide attention due to its high potential to positively improve economic and social development, in this sense based on the Theory of Planned Behavior (TPB) this paper focuses on determining the degree of confidence of a group of university students in their skills, abilities and preparation to be entrepreneurs (self-efficacy) and the impact of this on their intention to create their own companies (entrepreneurial intention). The method is quantitative, descriptive and correlational, with a sample of 246 students of public accounting or business administration of the Universidad del Valle, North Cauca Headquarters in Colombia. The results show that in general students feel able to be entrepreneurs and that about 70% were interested for being; feeling more prepared for the employees incorporation, and less to convince consumers and determine the costs of the new business. It is concluded that a positive self-efficay perception influences positively the desire of individues to entrepreneurship, so universities should continue working to strengthen their self-assessment and preparation.

Keywords

Theory of Planned Behavior; skills, abilities; preparation, university entrepreneurship; self-efficacy


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