2011 | Francisco Liñán • Juan Carlos Rodríguez-Cohard • José M. Rueda-Cantuche
This paper explores the factors influencing entrepreneurial intention, emphasizing the role of education. It highlights the importance of promoting entrepreneurship for economic development and employment. Entrepreneurship education is seen as a key tool to enhance entrepreneurial attitudes among potential and new entrepreneurs. However, the factors determining an individual's decision to start a business remain unclear. Cognitive approaches have gained attention, but the explanatory power of personality traits and demographic characteristics is still debated. The study aims to clarify the most influential factors in shaping entrepreneurial decisions. It provides empirically-based suggestions for improving entrepreneurship education. The empirical analysis uses two key elements: a validated instrument (Entrepreneurial Intention Questionnaire, EIQ) and a statistical method (factor-regression procedure) not based on any theoretical framework. The method uses all questionnaire data, grouping items into homogeneous factors based on their explanatory power. Results indicate that personal attitude and perceived behavioral control are the most significant factors in entrepreneurial behavior. These findings suggest that education plays a crucial role in fostering entrepreneurial attitudes and intentions. The EIQ can also serve as an evaluation tool for entrepreneurship education programs. The study contributes to understanding the most effective role of education in promoting and developing entrepreneurial attitudes and intentions.This paper explores the factors influencing entrepreneurial intention, emphasizing the role of education. It highlights the importance of promoting entrepreneurship for economic development and employment. Entrepreneurship education is seen as a key tool to enhance entrepreneurial attitudes among potential and new entrepreneurs. However, the factors determining an individual's decision to start a business remain unclear. Cognitive approaches have gained attention, but the explanatory power of personality traits and demographic characteristics is still debated. The study aims to clarify the most influential factors in shaping entrepreneurial decisions. It provides empirically-based suggestions for improving entrepreneurship education. The empirical analysis uses two key elements: a validated instrument (Entrepreneurial Intention Questionnaire, EIQ) and a statistical method (factor-regression procedure) not based on any theoretical framework. The method uses all questionnaire data, grouping items into homogeneous factors based on their explanatory power. Results indicate that personal attitude and perceived behavioral control are the most significant factors in entrepreneurial behavior. These findings suggest that education plays a crucial role in fostering entrepreneurial attitudes and intentions. The EIQ can also serve as an evaluation tool for entrepreneurship education programs. The study contributes to understanding the most effective role of education in promoting and developing entrepreneurial attitudes and intentions.