University environment and entrepreneurial intention: the mediating role of the components of the theory of planned behaviour

Entrepreneurship contributes to job creation and economic development. Thus, it is important to promote entrepreneurial initiatives; universities play a key role in this regard. The psychosocial perspective can contribute a great deal to studying the antecedents that lead a person to become an entrepreneur, with the theory of planned behaviour (TPB) being the theoretical framework used the most to predict entrepreneurial intention. Based on the data collected in Spain as part of the international GUESSS project (Global University Entrepreneurial Spirit Students' Survey) with a sample of 9,753 students, the influence of the university environment, the entrepreneurial environment and the perceived risk of entrepreneurship on entrepreneurial intention are analysed, both directly and as mediated by the three components of the TPB (attitudes towards entrepreneurship, subjective norms and entrepreneurial self-efficacy). The results show that the university environment is the antecedent with the greatest effect on entrepreneurial intention; therefore, it is recommended that entrepreneurship be promoted through initiatives and educational programmes in the university environment.