Determinants of student entrepreneurship: analysis of the factors that influence university entrepreneurship using an econometric approach

Abstract Entrepreneurship is widely recognized as a key pillar of social and economic progress, as it stimulates productivity, promotes innovation, generates employment, and strengthens competitiveness. Therefore, this research aimed to analyze the determinants of entrepreneurship, employing an econometric approach to identify the variables that influence entrepreneurship. A descriptive-explanatory methodology was applied using the ordinal regression model, and data were collected through a survey administered to university students. The results showed that individual factors such as entrepreneurial intention and attitude, self-efficacy, risk appetite, and perception of the economic environment are the main determinants of student entrepreneurship. These findings have important implications for educational institutions and public policymakers. In the university setting, they underscore the need to implement more practical and interactive entrepreneurial training programs that foster the confidence and skills necessary for entrepreneurship. At the government level, they suggest that a favorable economic environment and supportive policies can encourage new business creation among young people, thus contributing to regional and national economic development.