Entrepreneurship motivation in Pakistani context from the perspective of university students: testing ethnic, minority and entrepreneurship theory

Abstract

Objective of this research is to explore factors that contribute towards entrepreneurial motivation in university students of Pakistan testing ethnic, minority and entrepreneurship theory. Data of 533 respondents from HEC recognised universities in Pakistan has been collected and analysed for the purpose of our research. The results suggest that there exist 'psychological' and 'economic' and factors from family profile that influence the entrepreneurial motivation of university students in Punjab province of Pakistan confirming ethnic, minority and entrepreneurship theory. Over and above, there also that exits a group of psychological factors that partially mediate in our model. The theory needs to be tested in different industries and economic settings for further validations. The research has huge practical implication as it identifies 'psychological' and 'economic' factors that need to be focused to increase entrepreneurship culture in Pakistan. If focused, it will go a long way in dealing with the problems of unemployment by setting up new business enterprises.