Entrepreneurial Cognitions in Academia: A Case of Pakistan
Assistant Professor, Department of Management Sciences, COMSATS Institute of Information Technology, Attock, Pakistan.
This study aims to examine the factors that influence the development of entrepreneurial intentions among faculty members having stable jobs and income. The data was collected through well designed questionnaire using five point Likert scale. The Structural Equation Modeling (SEM) algorithm was used for reaching meaningful results. The results based on the responses of 257 faculty members reveal that attitude towards entrepreneurship, instrumental reasoning, locus of control, and need for achievement have positive and statistical significant linkage with the development of faculty members’ entrepreneurial intentions. The results also show that general education overall promote the entrepreneurship intention among the highly qualified faculty member irrespective of their specialization.
Keywords: Attitude towards entrepreneurship, Instrumental reasoning, Locus of control, Need for achievement, Perceived support, Subjective norms, and Entrepreneurial intentions.