Mediating Role of Entrepreneurial Self-efficacy between Business Incubation Centre and Entrepreneurial Intention of Pakistani Students
Keywords:Business Incubation Center, Entrepreneurial self-efficacy, Entrepreneurial Intention, University students
Purpose: The business incubation center is a buzzword in the academic world and a relatively new concept in public sector universities of Pakistan. Business Incubation center helps university students for developing entrepreneurship intention and decrease the unemployment rate. But many of the publicly funded incubation centers are unable to create an entrepreneurial intention in students therefore; this study develops to evaluate the impact of business incubation centers on entrepreneurial intention through entrepreneurial self-efficacy. This study is based on the resource-based view theory.
Design and Methodology: It has used random sampling and data has been collected from Government College University of Faisalabad and Punjab University Lahore Pakistan. Data is collected via questionnaires which were e-mailed to students, valid 166 responses were received. This study used Smart-PLS for data analysis of Structural Equation Modeling (SEM).
Findings: The result of the current study explains that the entrepreneurial intention of Pakistani university students is influenced by the business incubation center and entrepreneurial self-efficacy. There were three hypotheses of this study; the entire three hypotheses were accepted.
Implications: This study concludes that a business incubation center plays an important role in influencing university students’ entrepreneurial intention but is only possible if a business incubation center develops such strategies which increase the entrepreneurial self-efficacy of students.
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