Entrepreneurial Mind-Set among College Students in Chennai City-Experiential Evidence

Abstract

One of weakness of the Indian education system is its failure to preparegraduates for self-employment and business entrepreneurship. Thus, owing to the persistence mass unemployment, low productivity and high inflation, the government introduced entrepreneurship programmes to promote skills acquisition, facilitate the spirit of creativity, self-reliance and self-independence. However, only a small percentage of graduates become entrepreneurs after graduation. This study therefore examined the factors influencing entrepreneurial intentions among graduates in Chennai.  It was found that the most influential factor is creativity and that entrepreneurial intentions increased with increase in age. To increase graduates’ entrepreneurial intentions, centers for entrepreneurship development in institutions should adopt entrepreneurial learning as entrepreneurship development method. Also, students should be mixed during entrepreneurship programmes with recourse to their level of creativity.