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IMPACT OF PERSONALITY TRAITS ON ENTREPRENEURIAL INTENTIONS OF UNIVERSITY STUDENTS

Keywords: Entrepreneurship , Locus of Control , Self-Efficacy , Entrepreneurial Intentions.

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Abstract:

In the hard time when educated persons can’t get job. It is rather harder for least and under developed countries, like Pakistan, where governments are not having sufficient funds to support the unemployed workforce. Self employment and Entrepreneurship is referred as the solution. But entrepreneurship is not the function that might be outcome of simple efforts. It requires a regular and permanent attitude as part of personality. Attitude can be based on personality traits and demographic characteristics; it can also be reshaped with education. This research aims to study the impact of personal traits, demographic characteristics and entrepreneurship education on entrepreneurial intentions of university students. Two individual personality traits were taken as predictor of entrepreneurial intentions, locus of control and self efficacy. Data was collected from the sample size of 276 university students. All of the students were in the final semesters of their studies. Results show strong relation between personal traits and entrepreneurial intentions. How ever some demographic characteristics i.e. Gender, were insignificant with the intentions to become entrepreneurs, but prior experience, family exposure to business and Entrepreneurial education have significant relation with intentions to become an entrepreneur.

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