Reading: Impact of Social Capital for the Entrepreneurial Intentions of the Undergraduates in Sri Lanka

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Impact of Social Capital for the Entrepreneurial Intentions of the Undergraduates in Sri Lanka

Authors:

D.G.M.P. Menaka Gamage ,

NSBM Green University Town, LK
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R.H.G.W. Pradeep K. Henegedara

University of Sri Jayewardenepura, LK
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Abstract

Universities play a major role in producing entrepreneurs. Although the graduates are given the entrepreneurship education, it is reported that they have less willingness to start their own business. Lack of entrepreneurial intentions among the undergraduates adversely impact the economic development of a country as entrepreneurship is a major source of employment generation and economic development. Thus, scholars emphasize on investigating the factors stimulating the interest of undergraduates to become an entrepreneur. Among the factors, social capital of individuals plays a vital role. On the above backdrop, present study was undertaken to understand the impact of social capital affecting the entrepreneurial intentions of the undergraduates involved in Business Administration and Entrepreneurship courses in Sri Lankan Universities. Findings of the study suggest that the number of social ties, trustworthy relationships and the social norms shared among the undergraduates within their community affect their willingness to start a new business. Thus, the study provides significant insights for the university administrators highlighting importance of facilitating a platform for the undergraduates to network with the fellow undergraduates.

How to Cite: Gamage, D. G. M. P. M., & Henegedara, R. H. G. W. P. K. (2017). Impact of Social Capital for the Entrepreneurial Intentions of the Undergraduates in Sri Lanka. NSBM Journal of Management, 3(2), 1–17. DOI: http://doi.org/10.4038/nsbmjm.v3i2.44
Published on 01 Dec 2017.
Peer Reviewed

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