Department of Business and Entrepreneurial Studies, Kings University, Odeomu, Nigeria
Research Article
Impact of Psychological Needs on Entrepreneurial Intentions: Evidenced among University Undergraduates in Southwest, Nigeria
Author(s): Ogunwoye Adewuni Abigael* and Oladele Olubode Olusegun
The decision to start a business occurs when the perception of an opportunity is present in the entrepreneur’s mind and is based on psychological needs (autonomy, relatedness, and competence) as postulated by the self-determination theory. This study therefore examines the determinants of psychological needs as it impacts the Entrepreneurship Intentions of University Undergraduates in Southwest, Nigeria. A survey of three thousand five hundred and forty-two final year university undergraduates cutting across all faculties were randomly selected from twelve universities in Southwest, Nigeria. Their responses were analyzed using descriptive statistics, and multiple regression analysis. Findings revealed that psychology needs through its determinants have significant impact (F5,3535=41954.89; R2=0.9834; P<0.0000) on Entrepreneurial Intention of University Undergraduat.. View More»
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