Background 2015: Pakistan population 191.71 m Rural 116.62m ie 60.78% Urban 75.19 ie 39.22% Pakistan is world 6th populous country Age group 15-39: 43.8% of population Sindh has 24% of population 2013-14 Unemployment rate: 6% Rural 5% Urban 8% Background 2016 Unemployment is 8.3%, 38.33% higher than 2013-14 According to Express Tribune, 11 Aug 2016, Pakistan has observed the highest unemployment rate over last 13 years. Background In professional colleges and Universities, Enrolment growth rate is 10.4% Population growth is 3% Unemployment is 8.3% High time for Entrepreneurial activities To mobilize intrinsic recourses for job creation Entrepreneurship is endogenous solution Objective To gauge willingness of professional colleges and Universities students to opt for Entrepreneurial activities. Hypotheses Survey 1 (Kumar et al, 2013) H1: Family background plays significant role, H2: Education plays significant role, and H3: Individual desire plays significant role. Survey 2 (Linan & Chen, 2009) H1: Personal Attitude has significant impact on Entrepreneurial Intention H2: Subjective Norm has significant impact on Entrepreneurial Intention H3: Perceived behavioral control has significant impact on Entrepreneurial Intention Literature Review Methodology Survey 1 Data: Primary Sample size: 106 (92% response rate) Sampling method: Convenience Model: One sample t-test Survey 2 Data: Primary Sample size: 350 (100% response rate) 14 professional colleges/universities Sampling method: Convenience Model: Regression Survey 2: Variables Personal Attitude (PA) It reflects whether the individual has a certain valuation (either positive or negative) for becoming an entrepreneur. Subjective Norm (SN) It indicates whether the individual takes a social pressure (friends, colleagues, family etc) to begin his business or not. Perceived behavioral control (PBC) It reflects the perception of the individual related starting a new business. It could either be perceived as easy or difficult. Entrepreneurial Intention (EI), which is defined as the willingness and commitment to carry out a new business. Results Model Summary and Parameter Estimates Dependent Variable: Enrolment Model Summary Parameter Estimates Equation R Square F df1 df2 Sig. Constant b1 Growth .979 2379.151 1 52 .000 9.485 .082
Model Summary and Parameter Estimates
Dependent Variable: Enrol_90_2010 Model Summary Parameter Estimates Equation R Square F df1 df2 Sig. Constant b1 Growth .912 186.792 1 18 .000 12.066 .104
Model Summary and Parameter Estimates
Dependent Variable: TREND(Pop) Model Summary Parameter Estimates Equation R Square F df1 df2 Sig. Constant b1 Growth .950 1092.808 1 57 .000 3.489 .030 Results (survey 1) Variables Number of Items Cronbachs Alpha Family Background 3 0.753 Education 4 0.733 Individual Desire 13 0.917 Results (survey 1) One-Sample Statistics N Mean Std. Deviation Std. Error Mean Family Background 106 2.7736 0.99946 0.09708 Education 106 3.7094 0.80776 0.07846 Individual Desire 106 3.8075 0.75652 0.07348 Results (survey 1) One-Sample Test Test Value = 3 95% Confidence Interval of the Difference T df Sig. (2-tailed) Mean Difference Lower Upper Family Background -2.332 105 0.022 -0.22642 -0.4189 -0.0339 Education 9.042 105 0 0.70943 0.5539 0.865 Individual Desire 10.99 105 0 0.80755 0.6619 0.9532 Results (survey 2) Reliability Statistics
Variables Cronbach Alpha Total items
Personal Ability 0.911 4
Subjective Norms 0.833 4
Perceived Behavioral Control 0.840 4
Entrepreneurial Intentions 0.922 4
Results (survey 2) Model Summary ANOVAb
Adjusted R Std. Error of the Model Sum of Squares Df Mean Square F Sig.
Model R R Square Square Estimate 1 Regression 305.959 3 101.986 154.139 .000a
a. Predictors: (Constant), IV3_mean, IV1_mean, IV2_mean Total 468.726 249
a. Predictors: (Constant), IV3_mean, IV1_mean, IV2_mean
Results (survey 2) Conclusion & recommendations Students are willing for entrepreneurial activities, the only barrier for a number of students they come across is their family background as they have limited budgets. In survey 2, Subjective norm is insignificant impact over Entrepreneurial intention i.e. individuals don't take social pressure (friends, colleagues, family etc.) to begin his business It is recommended to create some pool in fund for startups at larger scale It is also recommended that every university should have entrepreneurship center where young entrepreneurs are fecilitated. Questions?