Green entrepreneurship intention in university students: The case of Peru

Abstract

Objective: The aim is to better understand how education supports green entrepreneurship among students by analyzing their education development support, institutional support, country support, and entrepreneurial self-efficacy. Research Design & Methods: A total of 320 international business students in Peru filled the online survey. Eight questions focused on demographic information, and twenty-six questions evaluated the green entrepre-neurship intention of students. We used the SEM-PLS technical analysis. Findings: We found that education development support (EDS; 0.146), institutional support (IS; 0.183), and country support (CS; 0.158) had a positive influence on entrepreneurial self-efficacy (ESE), while ESE had a positive influence (0.757) on the green entrepreneurial intention (GEI). The model explained 57.3% of the green entrepreneurial intention. Findings of the bootstrapping test showed that the path coefficients were significant. Implications & Recommendations: This study showed the impact of education development support, institutional support, and country support on entrepreneurs’ ability to successfully carry out green entrepreneur-ship, which will serve universities to implement strategic plans to achieve their ecological ventures and de-velop such ventures on campus with the students that have the necessary skills. Contribution & Value Added: The research findings will prove helpful to governments in establishing new norms to promote entrepreneurship. The novelty of the current study is supported in using the PLS-SEM technique.