Becoming an Entrepreneur after Retirement: Entrepreneurial Intention of Technically and Vocationally Trained Military Personnel in Sri Lanka

Abstract

This study was conducted to study the entrepreneurial intention of military personnel who are getting ready for their retirement and identify the key determents of entrepreneurial intention. They were undergoing a Technical Vocational Education and Training (TVET) organized by the military authorities for supporting their second career. Data were collected from 70 solders via questionnaire and Step wise regression analysis was used to evaluate the effects of variables. Self-efficacy, perceived environmental support and vocational education and training are significant predictors of entrepreneurial intention. This study presents detailed and solid results on entrepreneurial intentions which are positioned in the career literature.

Keywords: Entrepreneurial intention, Military personnel, Subjective Norm, Technical Vocational Education and Training (TVET)