An Integrated Model of Entrepreneurial Intent among Undergraduate Medical Students: Mediation of Entrepreneurial Self-Efficacy

Author(s) : Dr. Irram Shahzadi 1 *, Umair Ali 2, Hira Ejaz 3

Abstract:

This study endeavored to predict the entrepreneurial intent by addressing the perception of desirability and feasibility by employing the integration of the theory of planned behavior and the entrepreneurial event model. Perceived desirability included; personal attraction towards entrepreneurship, and perceived social norms whereas, the perceived feasibility included perceived behavioral control, and entrepreneurial self-efficacy. This study also examined the mediating impact of entrepreneurial self-efficacy (a part of perceived feasibility) among undergraduate medical students. It was an explanatory study since it was a hypothetical study. The cross-sectional data were collected from a sample size of 278 respondents through an adopted survey questionnaire from undergraduate medical students. SPSS-26 and AMOS-26 were used as data analysis tools. By employing the SEM technique, it was found that perceived desirability (personal attraction towards entrepreneurship, perceived social norms) and perceived feasibility (perceived behavioral control) are substantial interpreters of entrepreneurial intent, while self-efficacy (a part of perceived feasibility) mediates the relationships. The findings are encouraging for the policymakers of the healthcare industry to devise policies for promoting training to boost entrepreneurship and self-development. Possibly, it will dwindle unemployment and append to the entrepreneurship literature. The study supports accomplishing the socio-economic amplification by redirecting medical student’s intention for entrepreneurship.

Keywords: Entrepreneurial Intent, Perceived Desirability, Perceived Feasibility, Entrepreneurial Self-Efficacy.