FACTORS AFFECTING ENTREPRENEURIAL ACTIONS IN STUDENTS: A THEORETICAL PERSPECTIVE OF ENTREPRENEURIAL EDUCATION AND INTENTION

Entrepreneurship has been viewed as a key contributor to generating new jobs and an economic catalyst in a country. It creates a sense of independence and a financially strong mindset among graduates who become self-employed, which contributes to the financial growth of the nation. Research studies in existence explain that entrepreneurial action is based on entrepreneurial intention, which is primarily driven by goal-oriented conduct of an individual. However, the question that still remains unanswered is that what links the transmission of intention into entrepreneurial behavior has not been studied in abundance. Thus, it is imperative to identify those factors that significantly impact the entrepreneurial intention of student entrepreneurs who have attained the minimum post- secondary level of education. This research aims to study the impact of entrepreneurial education on entrepreneurial intentions, which leads to entrepreneurial action. We attempt to examine the factors that affect intention, such as financial, motivational, and psychological, among students. This paper is descriptive in nature, and the data collected is secondary in the form of reviews and suggestions. Entrepreneurial intentions lead to entrepreneurial behavior. Hence, entrepreneurship educationalists will reap benefits from intention based behavioral research in entrepreneurship. The paper concludes with the identification of factors playing a vital role in entrepreneurial actions. The authors provide input for practical implications and directions for future research.