An Empirical Investigation of Internal Locus of Control, Entrepreneurial Self-Efficacy, Entrepreneurial Education, and Entrepreneurial Intention

This study proposes the relationship between internal locus of control, entrepreneurial self-efficacy, entrepreneurial education, and entrepreneurial intention.Internal locus of control, entrepreneurial self-efficacy, and entrepreneurial education act as independent variables for entrepreneurial intention as a dependent variable.Entrepreneurial education also functions as a moderator.A total of 208 student respondents were involved in this study.Results showed that there is a positive influence of internal locus of control, entrepreneurial self-efficacy, and entrepreneurial training on entrepreneurial intention.Formal entrepreneurial education embedded in university curricula and entrepreneurial education through entrepreneurship seminars were positively related to entrepreneurial intention.Additionally, it was discovered that the association between self-confidence in entrepreneurship and intention was moderated by entrepreneurial education.The study's theoretical as well as practical implications are examined.This essay concludes with limitations and recommendations for more research.