Table 11 Statistical Data of the Factors of Entrepreneurial Intention GROUP FACTORS OF ENTREPRENEURIAL INTENTION 2.1. EDUCATION 2.1.1.

An entrepreneur is required to have a formal education specializing in business or entrepreneurship. G1 G2 G3 G4 G1 G2 G3 G4 G1

G2 G3 G4

GROUP WEIGHTED MEAN 2.12 2.32 2.24 3

DEGREES OF FREEDOM 3

COMPUTED F-VALUE

TABULAR F-VALUE (0.05) INTERPRETATION

NUMBER

5.05 16

3.24

Significant

2.1.2. The higher the education of a person, the higher is the possibility to start up his or her own business.

2.44 2.56 3 3.12 1.48

2.52 1.88 3.08

3 4.07 16 3.24 Significant

2.1.3 A person needs education to start up a business.

3 6.19
16

3.24

Significant

FACTORS OF ENTREPRENEURIAL INTENTION GROUP NUMBER

GROUP WEIGHTED MEAN

DEGREES OF FREEDOM

COMPUTED F-VALUE

TABULAR F-VALUE

INTERPRETATION

2.2. AGE 2.2.1. Entrepreneurial intention starts at the age range of 22-45. G1 G2 G3 G4

MEAN 4.12 3.28 3.36 3.8

3 3.13 16 3.24 Not Significant

2.2.2 Entrepreneurial intention is getting stronger at the age range of 31-45.

G1 G2 G3 G4 G1 G2 G3 G4

3.16 3.6 3.48 2.92 3.8 3.4 3.4 2.68

3 3.33 16 3.24 Significant

3 4.12 16 3.24 Significant

2.2.3 Entrepreneurial intention is getting weak at the age range of 46-60.

FACTORS OF ENTREPRENEURIAL INTENTION

GROUP NUMBER

GROUP WEIGHTED MEAN

DEGREES OF FREEDOM

COMPUTED F-VALUE

TABULAR F-VALUE

INTERPRETATION

2.3. WORK HISTORY 2.3.1. The longer the work history of the person the higher the intention to go into business. G1 G2 G3 G4 G1 G2 G3 2.3.2 Work experiences give an idea what kind of business to start up with. G4 G1 G2 G3 2.3.3 Knowledge incurred at work strengthens a persons desire to start up his or her own business. 4.68 3.92 3.44 2.88 4.12 3.44 4.08 2.88 3.44 4.12 3.52 3 3.22 16 G4 3.4 3.24 Not significant 3 2.05 16 3.24 Not significant

3 2.06 16 3.24 Not significant

FACTORS OF ENTREPRENEURIAL INTENTION

GROUP NUMBER

GROUP WEIGHTED MEAN

DEGREES OF FREEDOM

COMPUTED F-VALUE

TABULAR F-VALUE

INTERPRETATION

2.4. ROLE MODELS AND SUPPORT SYSTEMS G1 G2 G3 G4 4 3.68 3.4 3.56 3 3.14 16 3.24 Not Significant

2.4.1 The more the person is exposed in the family business, the higher the chance of starting up his or her own business.

2.4.2. A person needs encouragement and support from a closer group of individuals provides a back-up for a person who wants to go into business. 2.4.3 Honest advices, understanding and assistance from mentors or teachers are very essential to strengthen an entrepreneurial intention.

G1 G2 G3 G4 G1 G2 G3 G4

3.32 2.72 3.2 3 2.68 3.12 2.64 2.28

3 2.23 16 3.24 Not Significant

3 2.45 16 3.24 Not significant

FACTORS OF ENTREPRENEURIAL INTENTION

GROUP NUMBER

GROUP WEIGHTED MEAN

DEGREES OF FREEDOM

COMPUTED F-VALUE

TABULAR F-VALUE

INTERPRETATION

2.5. PERSONAL CHARACTERISTICS G1 G2 2.5.1 A person who possesses entrepreneurial characteristics is more likely to go into business. G3 G4 G1 G2 2.5.2 Persons who lack entrepreneurial characteristics will not go into business. G3 G4 G1 G2 2.3.3 Knowledge incurred at work strengthens a persons desire to start up his or her own business. G3 G4 4.48 4.28 2.99 4.64 4.76 2.8 3 3.04 2.8 3.12 2.88 2.8 2.56 16 2.72 3 2.4 3.24 Not Significant 16 3.08 3.24 Not significant 16 3.24 Not significant 3

FACTORS OF ENTREPRENEURIAL INTENTION

GROUP NUMBER

GROUP WEIGHTED MEAN

DEGREES OF FREEDOM

COMPUTED F-VALUE

TABULAR F-VALUE

INTERPRETATION

2.6. GENDER G1 G2 G3 G4 1.36 1.52 1.16 1.4 3 3.13 16 3.24 Not Significant

2.6.1 The gender of the person affects the persons intention to go into business.

2.6.2 One gender is more powerful than the other in running a business.

G1 G2 G3 G4 G1 G2 G3 G4

3.72 3.16 2.24 3 2.12 2.32 2.24 3

3 3.19 16 3.24 Not Significant

3 2.24 16 3.24 Not significant

2.6.3 Desire to go into business depends on the gender of the person.