An Analytical Study of Impact of Socialization on New Employee Retention in 5 Star Hotels

Naima Atiq, Abdul Rauf Kashif, Umer Shahid and Salman Ali Qureshi
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Naima Atiq: Quaid-i-Azam University, Islamabad, Pakistan
Abdul Rauf Kashif: Iqra University, Islamabad, Pakistan
Umer Shahid: Quaid-i-Azam University, Islamabad, Pakistan
Salman Ali Qureshi: Allama Iqbal Open University, Islamabad, Pakiatan

International Journal of Business and Economic Affairs (IJBEA), 2020, vol. 5, issue 2, 77-84

Abstract: Entrepreneurship is taken as a significant aspect contributing positively to the economy of a country. Entrepreneurs not only expedite economic actively by innovations but also play vital role in job creation and development. The decision to become an entrepreneur by an individual is always backed by the intention to perform such behavioural activity. The entrepreneurial intention is the key determinant of the entrepreneurship activity. The study is focused on the stimulating features affecting entrepreneurial intention of the academic graduate’s. The objective was to analyze the effect of social factors and personality features towards the entrepreneurial intention. The study is further focused on the university students. Positive relationship has been observed between independent variables like individual’s personal characteristics, Perception about own abilities to become an entrepreneur, Influence of family and friends and dependent variable i.e. entrepreneurial intention, however, the different aspects of study components showed varying level of significance. The independent variables perception about qualities of an entrepreneur and career choice had overall insignificant relationship with the intention for entrepreneurship in the present study. The statistical analysis of data indicate significant relationship between the social factors as well as the personality features on the entrepreneurial intention among university students and an entrepreneur’s decision is influenced by different elements that associate varyingly to influence entrepreneurial intention.

Keywords: Entrepreneurship; Entrepreneurial intention; Factors affecting intentions; Youth (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:aya:ijbeaa:2020:p:77-84

DOI: 10.24088/IJBEA-2020-52003

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