The Effect of Exogenous Factors on the Relationship between Entrepreneurial Attitude and Human Capital Development: Case Study from the Youth of Pakistani Universities

Abstract

The paper entails the impact of “Entrepreneurial Attitude” developed through Personal Traits the individual possesses, the Demographical resources, and the Environment Influence to excel and establish an entrepreneurial platform on the development of human capital in Pakistan. The main objective of this study is to explore the relationship of Entrepreneurial Attitude(EA) with the development of Human Capital(HC) particularly students of undergraduate levels studying in Higher Education Institutions(HEIs) of Pakistan by adopting fundamental grounds from the Theory of Planned Behavior (TPB). This approach encapsulated a broader context, employing Entrepreneurship as a viable option to narrow the gaps for sustainable development of Human Capital(HC). During the research, the quantitative method is being selected to gauge the impact of each factor on the other for which the questionnaire as the instrument was established and disseminated in different universities to qualify the variables in detail. The sample size drawn is 335 participants. The findings show that there is a significant relationship between the developed hypothesis and the results obtained. The students that are exposed to opportunities and faculties are to establish entrepreneurial attitude are there to exploit the opportunities. The research entails the findings from the business administration universities of students in the last semester. Overall, it is concluded that there is high demand for the development of entrepreneurial activities within the universities among students that are willing to learn and curtail their attitudes and interests to capitalize on the market opportunities. This depicts, that there is a huge market gap in the development of human capital that can be fulfilled through the
development of an academic curriculum that promotes entrepreneurship. Lastly, it has been concluded that the spirit and the attitudes along with the creativity of students in universities also; have a strong significant role in the development of the Entrepreneurial Attitude that ultimately leads to the development of human capital.