New Venture Creation: Ethnicity, Family Background and Gender as Determinants of Entrepreneurial Intent in a Poor Economy

Ugwu, Fabian O.; Ugwu, Chidi
August 2012
Interdisciplinary Journal of Contemporary Research in Business;Aug2012, Vol. 4 Issue 4, p338
Academic Journal
Although there have been plenty of studies focusing at entrepreneurial intents of students; this study is one of the first attempts to examine ethnic/cultural influence of university undergraduates toward entrepreneurial intent in Nigeria. It presents the results of an empirical study of the predictive relationships between ethnicity, family business background, family structure, birth order, gender and entrepreneurial intent. The cross-sectional survey method was employed and data were analyzed by means of hierarchical regression. Consistent with authors' predictions ethnicity, family business background, family structure and birth order significantly predicted students' entrepreneurial intent. Contrary to our speculation, gender was not a significant predictor of entrepreneurial intent. This study helps to elucidate factors influencing students' intentions of becoming entrepreneurs in a multi ethnic and impoverished society. The findings provide insight into the individuals' entrepreneurial intentions which may point toward the need to explain entrepreneurial tendencies among ethnic groups through cross-cultural research endeavours.


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