Predictive model of university entrepreneurial intention in latin america

Abstract

The present study explores the entrepreneurial intention and the factors that affect in college students from six Latin American countries coming from family businesses. A logistic ordinal regression model is used in order to test the hypothesis from the theorical model of investigation, and to generate a mathematical equation that allows to quantify and predict the entrepreneurial intention in college students using as explanatory variables: the type of relationship with the family business, the link with innovation, the motivation to undertake, the entrepreneurial attitude (understood as a search for leisure and power) and the GDP of each country The investigation was made in the frame of CLADEA´S RLIE (Red Latinoamericana de Innovación y Emprendimiento de CLADEA) in students that had at least one entrepreneurship course in their career in the area of business or engineering and came from one of nine different Latin American universities.