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p-Index From 2020 - 2025
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All Journal International Journal of Accounting & Finance in Asia Pasific
M. S, Md Zain,
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Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

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Understanding Entrepreneurial Barriers Among University Students: Evidence from Malaysia’s Undergraduate Entrepreneurs Chien, Ng Wei; Paul, Gadi Dung; Sheng Nan, Zhao; Si Dan, Rong; Rui Xuan, Song; M. S, Md Zain,; M. F. S., Muhammad Fauzie,; Kee, Daisy Mui Hung; Ali, Anees Jane
International Journal of Accounting and Finance in Asia Pasific (IJAFAP) Vol 8, No 3 (2025): October 2025
Publisher : AIBPM Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32535/ijafap.v8i3.4214

Abstract

Entrepreneurship among university students plays a crucial role in fostering innovation and economic development; however, many aspiring young entrepreneurs face significant barriers that limit their inclination to start a business. This study aims to identify and analyze the primary factors that hinder entrepreneurial inclination among Malaysian undergraduates. Using a quantitative approach, data were collected from 100 students through purposive sampling and analyzed using descriptive and regression analysis. The results reveal that fear of failure is the only barrier that significantly influences entrepreneurial inclination (? = 0.30, p = 0.01), while aversion to stress and hard work (? = -0.02, p = 0.10), risk aversion (? = -0.20, p = 0.19), lack of social networking (? = -0.06, p = 0.11), and lack of resources (? = 0.16, p = 0.13) show no significant effects. These findings suggest that psychological factors, particularly the perception of failure, play a more decisive role than structural constraints. The study provides theoretical contributions to behavioral models of entrepreneurship and offers practical implications for universities and policymakers to design programs that strengthen psychological resilience and entrepreneurial readiness among students.
Co-Authors Ali, Anees Jane Chien, Ng Wei Kee, Daisy Mui Hung M. F. S., Muhammad Fauzie, Paul, Gadi Dung Rui Xuan, Song Sheng Nan, Zhao Si Dan, Rong