Religiosity and Entrepreneurial Intentions in Pakistan

Abstract

Purpose: The primary objective of this study is to develop an inclusive model that represents the relationship between entrepreneurial intentions and religiosity. Design/Methodology/Approach: This research was conducted using sample of 338 undergraduate business students from universities in Punjab, Pakistan. The method used for collecting data was through self-administered questionnaire survey which contained two sections related to demographic characteristics and constructs of religiosity and entrepreneurial intentions. Analysis on the data was done using PLS-SEM. Findings: Contrary to the theory, the results revealed that entrepreneurial goal intention (EGI) is not influenced by social norms. However, EGI is positively influenced by extrinsic and intrinsic religiosity, perceived desirability, and opportunity for entrepreneurship, where extrinsic and intrinsic religiosity was found to have a mediating role between opportunity for entrepreneurship and EGI. Implications/Originality/Value: Deeper understanding of how religiosity influences entrepreneurial intentions in different cultures, settings and situations could help in the further advancements of knowledge in this field of study. Religious leaders, policy makers, university administrators can utilize the results of this study to encourage entrepreneurship in the country.