IJIMT 2018 Vol.9(4): 160-163 ISSN: 2010-0248
doi: 10.18178/ijimt.2018.9.4.806

Influence of Propensity to Risk in the Entrepreneurial Intention of Engineering Students

Alejandro Valencia-Arias, Alexandra Montoya Restrepo, and Ivan Montoya
Abstract— Among the factors that prevent a student from having an entrepreneurial intention is the capacity and competencies that he or she can develop throughout his or her life. Therefore, universities can be seen as a solution to this constraint, through the quality programs that they can offer, which increase their skills related to entrepreneurial intention. Against this background, in this paper the level of risk tolerance in undergraduate engineering students by age or semester is examined, which may show that individuals accept greater risks. We propose an exploratory study and transversal and field design, where a questionnaire is self-administered to 365 university students active in engineering programs, which allows analyzing the determinants of this propensity by selecting the company α, which is an option with lower risk and moderate return on capital, and the company β with higher risk and return on capital than α. The results show that there is no evidence that the propensity to risk is related to any age class and semester level.

Index Terms— Entrepreneurship intention, university education, risk tolerance.

A. Valencia. Author is with the Universidad Nacional de Colombia and Instituto Tecnológico Metropolitano, Medellin, Colombia (e-mail: javalenca@unal.edu.co). A. Montoya and I. Montoya are with the Universidad Nacional de Colombia Medellin, Colombia (e-mail: lamontoyar@unal.edu.co, iamontoyar@unal.edu.co).

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Cite: Alejandro Valencia-Arias, Alexandra Montoya Restrepo, and Ivan Montoya, " Influence of Propensity to Risk in the Entrepreneurial Intention of Engineering Students," International Journal of Innovation, Management and Technology vol. 9, no. 4, pp. 160-163, 2018.

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