Impact of entrepreneurship environmental support factors to university students’ entrepreneurship self-efficacy

• Main Author: Thuy Thu Nguyen
• Format: Article
• Language: English
• Published: Growing Science 2019-12-01
• Series: Management Science Letters
• Subjects: entrepreneurship self-efficacy; financial supports; perceived environment supports; social norm; university students
• Online Access: http://www.growingscience.com/msl/Vol10/msl_2019_343.pdf

Policy-makers generally consider entrepreneurship to be instrumental for economic growth and technological progress. The entrepreneurship process is shaped by the presence of entre-preneurship environment. Since entrepreneurship self-efficacy perceptions are also vital to new venture creation and its performance, entrepreneurship self-efficacy literature has gener-ated interesting insights, the research on impact of environment on entrepreneurship self-efficacy is still less evident. This study tests the influence of some environmental cognitive support elements on the entrepreneurship self-efficacy. A cross-sectional research design in Vietnamese students with quantitative questionnaire approach was conducted. The sample consists of 350 students in 6 business and economics universities in Hanoi. The result of the multiple regression analysis reveals that environments’ support-factors including perceived financial and non-financial supports, and social supports are significantly related to perceived entrepreneurship self-efficacy of students. The study findings highlight some implications for government to reinforce policies encouraging entrepreneurship in university students.