Predictors of Entrepreneurial Intentions of Undergraduate Students in Vietnam: An Empirical Study

The present research aims at identifying the factors that influence the entrepreneurial intentions among undergraduate students in Vietnam. The data were collected from 180 students at several Universities in Hanoi, Vietnam. Multiple regression method was used to test the impacts of personal factors and contextual factors on the students’ entrepreneurial intentions. The results confirmed that individual difference variables such as risk-taking propensity and creativity and personality traits, such as locus of control and need for achievement had strong impacts on the intention to start a new venture. Furthermore, contextual factor such as perceived support in the entrepreneurship-related context directly influenced the entrepreneurial intentions. Discussion of the findings, recommendations and implications for policy makers both inside and outside universities were also detailed.