Determinants of academic entrepreneurial intention of faculty members and graduate students of a selected Philippine private university

Angelique C. Blasa-Cheng, De La Salle University, Manila
Chona Camille V. Abeledo, De La Salle University, Manila
Phoebe Ching, De La Salle University, Manila
Maricel S. Balatbat, De La Salle University, Manila
Shieradel V. Jimenez, De La Salle University, Manila

Abstract

Academic entrepreneurship pertains to the utilization of research output from universities or research organizations to generate income by creating new businesses such as spin-offs. Faculty members or graduate students become entrepreneurs through the commercialization of their research. In this study, the theory of planned behavior was operationalized to determine if attitudes, social norms, and perceived control of the researcher influences his or her entrepreneurial intention. Faculty members and graduate students from various colleges in a Philippine private university participated in the survey. Multiple regression was used to test the significance of the antecedents of entrepreneurial intention. Entrepreneurial attitude and perceived control showed a significant and positive influence on entrepreneurial intention due to the motivation factors of the university and self-efficacy. Entrepreneurial attitude strongly predicts the entrepreneurial intention of faculty members and research students.