Millennials Student´s Entrepreneurial Intentions

Abstract

The Integrated Conceptual Model, based on the Theory of Planned Behavior, becomes the guiding guide to predict the intention of entrepreneurial behavior. The objective was to use the proposed models to predict the dependent variable Intention to Entrepreneur (IBE). The research method was through a three-stage modeling strategy, the dimensions tested and their reflective capacities were evaluated with the second-generation statistical method of Structural Equation Modeling. In general, the models replicate the originally proposed CB-SEM and PLS-SEM. The results confirm the internal consistency and predictive capabilities of all models and most of the independent variables. The findings suggest that the model should continue replication across different samples for generalization. The originality advances in the fact that there is little to no evaluation of the models within Latin American subjects, much less using SEM analysis. Limitations include analysis capabilities as the models become complicated and the addition of operationalization of variable university efforts.