International Journal of

ADVANCED AND APPLIED SCIENCES

EISSN: 2313-3724, Print ISSN: 2313-626X

Frequency: 12
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 Volume 12, Issue 3 (March 2025), Pages: 69-77

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 Original Research Paper

Motivational factors shaping entrepreneurial intentions among youth in emerging economies

 Author(s): 

 Suchart Tripopsakul 1, *, Wilert Puriwat 2

 Affiliation(s):

 1School of Entrepreneurship and Management, Bangkok University, Bangkok, Thailand
 2Chulalongkorn Business School, Chulalongkorn University, Bangkok, Thailand

 Full text

  Full Text - PDF

 * Corresponding Author. 

  Corresponding author's ORCID profile: https://orcid.org/0000-0002-8031-8056

 Digital Object Identifier (DOI)

 https://doi.org/10.21833/ijaas.2025.03.008

 Abstract

This study explores the motivations driving young entrepreneurs to establish small businesses in emerging economies. While extensive research has examined why individuals become entrepreneurs, little is known about how prior entrepreneurial experience influences these motivations. Using a quantitative research approach, this study investigates the entrepreneurial incentives behind new venture creation among young entrepreneurs. Data were collected through an online questionnaire from 211 Thai students enrolled in the entrepreneurship program at Bangkok University. The findings indicate that intrinsic motivation (IM) and extrinsic motivation (EM) significantly influence entrepreneurial intentions (EI). Moreover, attitude toward entrepreneurship (ATE) serves as a key mediating factor, highlighting that individuals' perceptions of entrepreneurship as a desirable and feasible career strongly impact their intentions. Additionally, perceived social norms (PSN) and self-efficacy (SNR) play a crucial role in shaping entrepreneurial aspirations. The results suggest that when entrepreneurship is socially encouraged and individuals believe in their ability to succeed, their likelihood of pursuing entrepreneurship increases.

 © 2025 The Authors. Published by IASE.

 This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/).

 Keywords

 Entrepreneurial intentions, Intrinsic motivation, Extrinsic motivation, Attitude toward entrepreneurship, Self-efficacy

 Article history

 Received 25 October 2024, Received in revised form 14 February 2025, Accepted 22 February 2025

 Acknowledgment

No Acknowledgment.

 Compliance with ethical standards

 Ethical considerations

The study adhered to ethical research standards, and participation was voluntary with informed consent obtained.

 Conflict of interest: The author(s) declared no potential conflicts of interest with respect to the research, authorship, and/or publication of this article.

 Citation:

 Tripopsakul S and Puriwat W (2025). Motivational factors shaping entrepreneurial intentions among youth in emerging economies. International Journal of Advanced and Applied Sciences, 12(3): 69-77

 Permanent Link to this page

 Figures

 Fig. 1 

 Tables

 Table 1 Table 2 Table 3 Table 4 

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