Analysis of the determinants of entrepreneurial intention: the case of Burkina Faso
Résumé
In this study, we propose to analyze students' entrepreneurial intention, drawing on Lazear's (2004) self-selection model. This model captures the role of "human capital" in employment assignment and emphasizes the importance of the variety of skills in the individual's entrepreneurial orientation. For this purpose, we have a database collected in 2017 from over 1000 students at Ouaga I and Ouaga II universities in Burkina Faso. The results of estimates obtained using the quantile regression method show a positive and significant effect of the diversity of skills on the intention score, mainly at the median level. Even if the effect is not strong, this result support Lazear's theory. We also find that non pecuniary factors, such as "need of independence", are important in this orientation. Our contribution is original on two levels. On the one hand, it mobilizes an original approach allowing a better understanding of the role of human capital on the professional career. On the other hand, to our knowledge, no study on students' career aspirations has yet been carried out in Burkina Faso. It is thus a first in this context.