Analysis of the influencing factors for choosing an entrepreneurial career among students in Finland

Objectives This research has objectives to examine dominant factors influencing on entrepreneurial intention among students. The intention includes decision to start a new business and entrepreneurial type students want to follow. Summary This study has examined the significant impact and correlations between internal and external factors that may influenced students’ decision. Internal factors include: Self-Efficacy, Tolerance for Risk and Net desirability of Self Employment. External factors include: Education, Stimulation and Incubation. The survey consisted of 28 questions and data from 100 student respondents was collected in Finland. The data was analyzed using SPSS software. Descriptive statistics, Binary logistic regression and Multinomial Logistic Regression were conducted to evaluate impacts of factors. Conclusion The research finds out that internal factors have dominant impact on students’ entrepreneurial intention while external factors do not have significant impact. The most significant factors are willingness to take risk, needs for personal freedom, diligence and self-confidence. This finding provides other researchers a new perspectives for further research in entrepreneurship. It also provides suggestions for education and policy makers in order to encourage students choosing entrepreneurial careers