A Study of Relationship Between Entrepreneurial Barriers and Entrepreneurship Intentions among University Students in Malaysia

Abstract

Entrepreneurship is seen as one of the key economic development strategies needed to advance the country’s economic growth and to maintain its competitiveness in operating in the growing trend of globalization. Entrepreneurial and entrepreneurial activities play an important role in the economic development of individuals, communities and even countries. Unfortunately, most university students who want to start a business believe that there are many obstacles they have to face in making the business a reality. The purpose of this study is to identify and measure the barriers to entrepreneurship in Malaysia based on one dependent variable and several independent variables. University students face various obstacles such as lack of social networks, lack of resources and fear of failure that can hinder their intention to become entrepreneurs. The barriers faced by university students may indicate a different perspective compared to existing entrepreneurs. This study is quantitative in nature and questionnaires were distributed to collect information from respondents based on 118 sample size measurements and using the convenience sampling method.  Data obtained through questionnaires will be analyzed and evaluated with multiple regression statistical tests. The solution of this study aims to fill the research gap and also be able to provide useful insights of youth entrepreneurship to policy makers, education management and government to foster student entrepreneurship develop entrepreneurial ecosystem and improve business environment.