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Multidimensional Significance Analysis of Factors Influencing College Students’ Innovation and Entrepreneurship in the New Era

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  • Peng Liu

    (School of Architecture, Chang’an University, Xi’an 710061, China)

  • Xi Liu

    (School of Civil Engineering, Chang’an University, Xi’an 710061, China)

Abstract

Against the backdrop of evolving innovation and entrepreneurship education, this study investigates the multifaceted factors influencing college students’ innovation and entrepreneurship in China. By analyzing 98 cases of student-led ventures and applying principal component analysis (PCA) via SPSS 19.0, the research identifies key determinants across individual, institutional, and societal dimensions. The empirical results reveal strong correlations between entrepreneurial risk levels and practical experience (r = 0.82), pre-market research (r = 0.84), participation in entrepreneurship courses (r = 0.72), university innovation platform utilization (r = 0.75), social financing intensity (r = 0.68), and regional economic development (r = 0.53). Individual-level factors demonstrate the most profound influence, with institutional and societal resources providing complementary support. Based on these findings, the study proposes targeted recommendations to enhance student engagement in practical training, optimize university–platform integration, and improve policy-backed financing ecosystems, thereby fostering the sustainable development of college students’ innovation and entrepreneurship capabilities.

Suggested Citation

  • Peng Liu & Xi Liu, 2025. "Multidimensional Significance Analysis of Factors Influencing College Students’ Innovation and Entrepreneurship in the New Era," Sustainability, MDPI, vol. 17(14), pages 1-23, July.
    • Handle: RePEc:gam:jsusta:v:17:y:2025:i:14:p:6467-:d:1702024
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