Examining the Role of Social Capital, Sustainability Orientation and Self-efficacy in Entrepreneurial Intention among Indian Students

Although India has made great strides in economic growth but despite that there exist huge inequality gap in society and people are still devoid of basic amenities. The benefits of growth post liberalization has been only limited to rich and middle class in India. Over 60% of the Indian population still lives on less than $2 (about Rs.130 at current rates) a day. The presence of inequality and myriads of social and economic problems requires the need for social entrepreneurship. Social entrepreneurs can contribute in alleviation of social and economic issues by putting those less fortunate on the path towards a worthwhile life.Understanding the importance of social entrepreneurship in addressing social and economic issues, the current study aims at understanding how social entrepreneurship intentions are formed among Indian students. It further explore the relationship between intention and behavior. The conceptual model has been proposed to understand entrepreneurial intention formation. SEM is used to test the proposed hypotheses. All four hypotheses have been found positive and significant. Sustainability orientation is found to have the most significant impact of entrepreneurial intentions followed by self-efficacy and social capital.