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DETERMINANTS OF ENTREPRENEURIAL INTENTIONS: APPLYING WESTERN MODEL TO THE SRI LANKA CONTEXT

XIAOHUA LIN

Ted Rogers School of Management, Ryerson University, 575 Bay Street, Toronto, Ontario, M5G 2C5, Canada

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ALAN CARSRUD

School of Business and Economics, Åbo Akademi University, Finland

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KALINGA JAGODA

Bissett School of Business, Mount Royal University, Canada

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, and

WANQING SHEN

Ted Rogers School of Management, Ryerson University, Canada

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https://doi.org/10.1142/S0218495813500076Cited by:20 (Source: Crossref)

Abstract

This study examines the factors influencing the intention of students to start up a new venture. Using both the "Theory of Planned Behavior" and "Theory of Reasoned Action", a model is tested using survey data collected from 353 undergraduate business students in Sri Lanka. Results of structural equation modeling show entrepreneurial intentions are positively influenced by perceived behavioral control and macro-environment support. However, the effects of attitudes towards entrepreneurship and subjective norms were not significantly related to intentions. Interestingly, beliefs about entrepreneurship had a negative relationship with attitudes toward entrepreneurship. Theoretical and practical implications of these findings are discussed in the context of developing countries like Sri Lanka.

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