Entrepreneurial Intention Model-BasedQuantitative Approach to EstimateEntrepreneurial Success

Entrepreneurial development plays a major role in maintaining the healthy economic structure of acountry. Though the importance of socio-psychological factors on entrepreneurial success is well recognized inthe existing literature, still there is a strong need for developing a quantitative model in order to estimate the futureeconomic success of an individual who is willing to become an entrepreneur. Keeping this in view, this articlemakes an attempt to build classification and regression tree models for estimating the economic success of anentrepreneur in a homogeneous market condition. To handle the heterogeneous market situation, a generalizedidea based on quantiles has been proposed as well. This study has a strong practical implication, especially for thefinanciers who have a strong need to identify the potential of an entrepreneur in a comprehensive way.