The Impact of Entrepreneurial Education on Crowdfunding Intentions for Financial Inclusion in Pakistan

Abstract

This study aims to address this ever-existing gap. To this end, it investigates crowdfunding intentions, supported by entrepreneurial education that can enhance financial inclusion in Pakistan. Further down, it explores the moderating role of financial self-efficacy. For this, timely insights for policymakers, platform developers, and financial educators who wish to expand inclusive digital finance are provided. The data were collected from 380 final semester public and private universities’ students from business administration in Lahore. Partial least square structural equation modelling (PLS-SEM) technique was applied by using Smart PLS 4.0 software. The findings of this study suggest a positive and significant effect of entrepreneurial education on crowdfunding intension. Further, crowdfunding intentions has a positive and significant impact on financial inclusion. At the end, financial self-efficacy has also positive moderating effect between crowdfunding intentions and   financial inclusion. Finally, young entrepreneurs can attain financial assistance through education and increase financial inclusion in Pakistan.  On the basis of this research, future study can be conducted at provincial or country level to frame a comprehensive policy for increasing financial inclusion in Pakistan.