International Journal of Social Sciences & Economic Environment

International Journal of Social Sciences & Economic Environment

Online ISSN : 2456-7485

Frequency : Half Yearly

Current Issue : Volume 9 , Issue 1
2024

EXAMINING THE RELATIONSHIP BETWEEN EDUCATED ENTREPRENEURS AND SOCIO-ECONOMIC FACTORS: A FOCUS ON BANGLADESH AGRICULTURAL INCLINATIONS

Mahedi Hasan Apu, Kafayet Ullah, Kazi Arifuzaman Sohan, Md Farhad Hossain, Md. Ruhul Amin, Hasan Abu Zafor

Mahedi Hasan Apu1, Kafayet Ullah1, Kazi Arifuzaman Sohan1, Md Farhad Hossain2,1*, Md. Ruhul Amin3, Hasan Abu Zafor4

Department of Statistics, Comilla University, Cumilla 3506, Bangladesh

Department of Mathematics and Statistics, Division of Computing, Analytics and Mathematics, Science and Engineering, University of Missouri, Kansas-City, USA.

Department of Public Administration, Comilla University, Comilla

Department of Industrial and Production Engineering. Shahjalal University of Science and Technology, Sylhet-3114

DOI : http://doi.org/10.53882/IJSSEE.2024.0901009 Page No : 149-168

Published Online : 2024-06-30

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ABSTRACT

This paper explored the perception of farming as a career among educated jobseekers in Bangladesh. We analyze how socio-economic determinants influence their perceptions and investigate the obstacles that prevent or limit their potential engagement in the farming sector. The analysis is conducted with a sample size of 509 and suitable analysis procedure such as descriptive statistics, SWOT analysis, overall weighted mean of career choice criteria, logistics regression, and partial least square discriminant analysis (PLS-DA) are applied. The result indicates that rural life, economic condition, and family influence play significant role in shaping educated job seekers in Bangladesh having interest in farming. It also suggests that there is a gap between the interest and the knowledge of farming among the respondents. The study also implies that rural residence, entrepreneurial intention, prior farming experience, and financial resources are key factors driving interest in farming career. In the following study the constructed PLS-DA model is highly accurate and reveals the factors that motivate people to pursue farming. Overall, this study suggests that developing and implementing vocational and technical training programs for young people that help them to move towards farming sector.

Keywords: Farming, Educated Jobseekers, Entrepreneurship, Socio-economic Determinants, Logistic Regression, PLS-DA.