The practical challenges faced by young entrepreneurs: an empirical analysis

Abstract

Purpose

This study proposes a new comprehensive model of entrepreneurial intentions (EIs) that enhances the understanding of the crucial entrepreneurial personality traits. This study also examines how entrepreneurial family history, gender and discipline moderate the relationship between the key entrepreneurial personality traits and EIs of university students.

Design/methodology/approach

The study introduces a new combination of important entrepreneurial personality traits, theoretically following the theory of planned behaviour (TPB). The data are collected using an entrepreneurial intention questionnaire and analysed with structural equation modelling (SEM) over a sample of 297 university students from Pakistan.

Findings

The findings highlight that one of the notable contributions to assessing EI is the negative impact of foreseeable challenges (FCs), resulting in negative EIs among university students of our sample. The authors also found significant moderating roles of gender, discipline and entrepreneurial family history in strengthening the relationship between entrepreneurial traits and EIs.

Originality/value

The study contributes both to the existing empirical and theoretical literature by examining a key set of entrepreneurial personality traits leading to enhance EIs. The results may also assist academicians to discover new ways for developing entrepreneurial traits among university students.

Citation

Khursheed, A., Mustafa, F., Fatima, M. and Rao, M. (2024), "The practical challenges faced by young entrepreneurs: an empirical analysis", Journal of Economic and Administrative Sciences, Vol. 40 No. 3, pp. 553-568. https://doi.org/10.1108/JEAS-12-2021-0255