Demographic Determinants of Entrepreneurial Spirit among Faisalabad's Graduate Students

Abstract

This empirical study investigates the relationship between demographic characteristics and entrepreneurial intentions among both graduate and postgraduate students based in Faisalabad. A total of 300 students from ten various educational institutions revealed that 43% of the respondents are intent on starting their businesses immediately after graduation, while 74% believe they are influenced by family members to seek paid employment. Notably, one-third of the respondents asserted that they were running businesses while still at university, highlighting the importance of their educational experiences. The statistical analysis showed significant correlations of the entrepreneurial attitude with all the other factors encompassed such as gender, field of study, financial background, family expectations, place of residence, and family profession. This research advocates for the introduction of tailored entrepreneurial development programs and policy reforms to advance entrepreneurship. This study enriches the international body of literature on entrepreneurship and provides recommendations to policymakers for designing effective training programs and support systems for aspiring entrepreneurs.