Abstract:
The goal of this research paper is to develop a theoretical model to assess how
students' cultural capital is connected to their entrepreneurial intention. Culture
assists in forming social and economic institutions through identification of
opportunities. Cultural capital acquired by a person has an influence on the
recognition of entrepreneurial opportunities and firm founding. The researchers
explored the predictive role of institutionalized and embedded cultural capital and
the interceding influence of entrepreneurship's self-efficacy, which stimulates
students' entrepreneurial intention. In the current research, researchers looked at this
in the Indian context, among the students who are currently pursuing their
academics. Snow ball sampling is used to identify the samples and all the structures
and their corresponding objects were modified from the current literature to assess
the content reliability. In the Indian context, the studies on influence of cultural
capital in deciding the reasons why students may opt for self- employment is, rare.
Centered on Bandura's SCT, the theory of self-efficacy and theory of cultural capital,
the researchers projected an integrated model that reveals elements of cultural
capital that contribute to entrepreneurial self-efficacy (ESE) that could lead to
entrepreneurial intention. This research is an effort to explore how diverse aspects of
cultural capital promote young people's entrepreneurial intentions. The study shows
that cultural capital provides a valuable framework and provides a foundation for the
creation of a systematic capital theory of human behaviour by future researchers.
Description:
Fourteenth Biennial Conference on Entrepreneurship/ Edited by Rajeev Sharma, Sunil Shukla, Amit Kumar Dwivedi & Ganapathi Batthini
