Determinants of entrepreneurial intention: Evidence from youth in Vinh Phuc province, Vietnam

Tóm tắt

This study investigates the determinants of entrepreneurial intentions among youth in Vinh Phuc province, Vietnam, through an Integrated Determinants of Entrepreneurial Intention framework synthesising the Theory of Planned Behaviour, Entrepreneurial Event Model, and Institutional Theory. Using exploratory factor analysis and multiple regression on data from 300 young respondents, we examine nine factors influencing entrepreneurial intentions. Results indicate that entrepreneurial passion, motivation, entrepreneurship education, entrepreneurial behaviour, and institutional environment significantly and positively affect entrepreneurial intentions, while entrepreneurial barriers demonstrate a significant negative effect. These findings contribute to entrepreneurial intention literature by providing an integrated theoretical framework applicable to emerging economies and offer practical insights for policymakers seeking to foster youth entrepreneurship in transitional economic contexts.