Entrepreneurship is a multidisciplinary subject. It is not related to a single discipline, but to many disciplines such as psychology, sociology, culture, and environmental studies. The Gross Domestic Product (GDP) growth of any country depends on its industrial performance and employment generation. Naturally, the nurturing of entrepreneur culture has become important for any B-school, where the focus is slowly changing from winning placements to creating ventures and entrepreneurs. In this study, the underlying dimensions of the same were identified through a factor analysis, and factors which are perceived to be of entrepreneurial importance by MBA students were created. The eight identified factors were analyzed to know their degree of influence on the students' career choice as entrepreneurs.
The Gross Domestic Product (GDP) growth of a country depends on its enterprises and entrepreneurs. The entrepreneur, therefore, is the one who is responsible for the country's economic development. Since the entrepreneurs play the role of growth agents, they are expected to create new ventures and businesses. They add dynamism to the economic activity within their country and usher in technological and organizational changes. In addition to that, they also contribute to innovation and the learning culture. Countries with higher entrepreneurial initiative indices tend to reveal a drop in unemployment levels (Audretsch, 2002). However, on the other hand, entrepreneurial intentions among adults are scarce. According to the 2001 Organization for Economic Cooperation and Development (OCED) statistics, hardly 10 percent of adults are interested in starting a venture. In the future, considerable efforts are needed to encourage entrepreneurship and thus promote economic development and employment generation.
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