Entrepreneurial IntenTions among Students during COVID-19

Abstract

COVID-19 has stormed the global economy and all the victim sectors got sloping down the curve. Companies aiming at cost-cutting and the jobs of employees are on stake. India is a developing country wherein the number of entrepreneurs and startups is increasing but the figure for unemployment and business start-ups is not satisfactory. The major scope of entrepreneurship in India lies among the youths of our country as 65% (approximately) of the total population belongs to this category. Therefore, it is necessary to understand the intentions of the youth of our country to take corrective actions to foster more entrepreneurship in India. This study aims at finding whether COVID-19 affected the intentions of youth for becoming an entrepreneur. A non-probabilistic (convenience) sampling technique adopted; the sample size was of 181(response rate of 90.5%) students of higher education system. 26 items self-designed and the self-structured questionnaire was used for data collection. One way analysis of variance and independent t-test were used to test the hypothesis. All the demographic differences except age and course level were found significant for the level of entrepreneurial intentions among the youth.