Factors Influencing on Entrepreneurial Intention of Economics Bachelor’s Degree Students in Timor-Leste

Abstract

Entrepreneurial intention has been confirmed as the first step toward the initiation of a new business enterprise in the near or distant future, hence it is an important construct in the field of entrepreneurship that should be considered. Little empirical research on entrepreneurial intentions of students in developing countries such as Timor-Leste. Refers to Timor-Leste Financial Inclusion Report 2020 that financial literacy level of Timor-Leste society is still very low, the reasons not to borrow money are the limited access to loans, not being able to repay, and not fulfil the requirements. Therefore, this study fills the knowledge gap on entrepreneurship and focusing on the combination of financial literacy, perceived access to finance, and attitude toward entrepreneurship as determinants to entrepreneurial intention.