Problems and Restrictions Perceived by the Potential Entrepreneurs in a Developing Context

Abstract

This article aim to investigate the problems and restrictions perceived by the budding entrepreneurs of Pakistan. The study is based on cross-sectional data, and data were collected from the business students through a survey questionnaire. The overall findings suggest a positive and significant impact of self-achievement, self-efficacy, and finance on entrepreneurship. However, the risk and Pakistan’s environmental factors not found to be the significant predictors of entrepreneurship. The findings of the study would support the government and policymakers in developing favourable business environment policies to promote entrepreneurship. This research would also encourage potential entrepreneurs to face the challenges of an entrepreneurial environment. Therefore, entrepreneurship should be studied as the architecture of business society.