PREDICTORS TOWARDS ENTREPRENEURIAL INTENTION: A Malaysian Case Study (original) (raw)
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Purpose-The purpose of this paper is to reflect on the data collected from Malaysian students to investigate the effects of students' entrepreneurial characteristics (need for achievement, locus of control, propensity to take risk, self-confidence, tolerance of ambiguity and uncertainty, and leadership) on their propensity to become entrepreneurs in Malaysia. Design/methodology/approach-As a quantitative study, various analyses, such as exploratory factor analysis, confirmatory factor analysis and structural equation modelling, were conducted to analyze the data collected from 257 students known to have participated in entrepreneurship course and programmes. Findings-The results show that leadership skill, need for achievement, tolerance of ambiguity, and risk-taking propensity are positively and significantly associated with students' intention to initiate entrepreneurial activities in Malaysia. Originality/value-The researchers have used data from the perspective of Malaysian students to increase the readers' understanding on students' entrepreneurial characteristics that could enhance their likelihood to become entrepreneurs in Malaysia.
Research on entrepreneurship intention has and continues to be of interest to researchers due to its importance to the development for many countries. The literature on entrepreneurship intention has examined various issues with many focusing on the factors that influence entrepreneurship intention. However, most of these studies were conducted in a non-Malaysian setting. This study examines entrepreneurship intention among Malaysian Business Students. Using a questionnaire survey on undergraduate business students in a Malaysian public university, this study examines whether business students have an intention to pursue entrepreneurship. It also examines whether personality traits and environmental factors influence the students to become entrepreneurs. The results indicate that more than half of the respondents have an intention to become entrepreneurs and their decisions are attributed by the influence from their family members, academics and attending courses on entrepreneurship. The results also show that out of the two factors: personality traits and environmental, personality traits play an important role in influencing the students' decision to become entrepreneurs. The findings implicate that academics need to play a significant role in encouraging more students to become entrepreneurs by providing more awareness on the benefits of becoming entrepreneurs and in turn, contributing to the growth of the country's economies and global competitiveness.
Entrepreneurship Intention Among Malaysian Business Students
Research on entrepreneurship intention has and continues to be of interest to researchers due to its importance to the development for many countries. The literature on entrepreneurship intention has examined various issues with many focusing on the factors that influence entrepreneurship intention. However, most of these studies were conducted in a non-Malaysian setting. This study examines entrepreneurship intention among Malaysian Business Students. Using a questionnaire survey on undergraduate business students in a Malaysian public university, this study examines whether business students have an intention to pursue entrepreneurship. It also examines whether personality traits and environmental factors influence the students to become entrepreneurs. The results indicate that more than half of the respondents have an intention to become entrepreneurs and their decisions are attributed by the influence from their family members, academics and attending courses on entrepreneurship. The results also show that out of the two factors: personality traits and environmental, personality traits play an important role in influencing the students' decision to become entrepreneurs. The findings implicate that academics need to play a significant role in encouraging more students to become entrepreneurs by providing more awareness on the benefits of becoming entrepreneurs and in turn, contributing to the growth of the country's economies and global competitiveness.
International Journal of Management and Sustainability, 2019
The essence of this study deals with identifying the major demographic factors for the tendency to become an entrepreneur. Our survey data from 132 randomly selected respondents were used to investigating the factors for the tendency to become an entrepreneur. In this study, a quantitative method was used to improve research strength. This study identified some major factors which increase an individual's entrepreneurial tendency. The study found a significant relationship between educational degree specialization, nationality, gender, entrepreneur parent, child position, marital status, age towards the tendency to become an entrepreneur. Moreover, the study further didn't find any relationship between performance (CGPA), religion and abroad experience towards the tendency to become an entrepreneur than earlier findings. Moreover, the entrepreneur is the combination of risk and willingness to find success but it's not easy to be like that because of both effects of internal and external business environments and therefore this study is conducted to identify core factors, which may influence on the willingness of an individual for being an entrepreneur. It is truly noticed the business-oriented scope for female compared to male in the same region that supports the other major factor called nationality. However, this study is conducted over postgraduate students studying in Malaysia that may focus a limitation but its overall results will fairly demonstration tendency to become an entrepreneur based on the international business environment perspective. Contribution/Originality: This study is one of the very few studies which have investigated the relationship between demographic factors of students and their tendency to become an entrepreneur through empirical analysis and analyses whether students become influenced to become an entrepreneur through the core demographic factors.
Risk-Taking Behavior and Entrepreneurship Intention in Indonesia
Proceedings of the 3rd Annual International Conference on Public and Business Administration (AICoBPA 2020)
The linkage between risk behavior and entrepreneurship has long been discussed, but there are limited empirical evidences examined in developing country contexts. In order to fill the gap, this study examines the linkage between risk behavior and entrepreneurship based on population data from Indonesia. The data were drawn from the Indonesia Family Life Survey (IFLS) which collected information from 36.376 adults aged 15 or older. The results of logistic regression show that risk taking behavior increases likelihood of entrepreneurship behavior at 1.01 time. (OR = 1.01, p value < 0.05). The results were robust against social demographic characteristics; including income, education, religion, social networks, religion and big five personalities factors The findings indicate the significance of risk taking behavior in the development of entrepreneurship in Indonesia.
American Journal of Economics, 2015
The purpose of this conceptual paper is to study the level of impact of psychological traits, education and culture on entrepreneurial intentions among Pre-University students in Malaysia. This paper proposes Risk Propensity, Entrepreneurial Self-Efficacy, Self-Confidence, Need for Achievement, Locus of Control, Tolerance of Ambiguity, Innovativeness and Entrepreneurship Education. Culture is considered as a moderating variable between entrepreneurial education and Entrepreneurial Intention. The researchers recommend a quantitative study among Pre University students from Form Six, Malaysian Matriculation and Chinese Independent Schools to see the impact of the determinants among different ethnic groups clearly.
Entrepreneurial intention among Malaysian undergraduates
International Journal of …, 2009
Research in entrepreneurship field has magnetized the interest of many researchers as a tool of development for many countries. The study of the factors that leads people to become entrepreneurs has been a question of many researchers. This study explores the relationship between the Big-Five personality factors, contextual factors and entrepreneurial intention. As such, it fits squarely into the literature on the antecedents of entrepreneurship. Previous research has focused on the need for achievement as well as social psychological characteristics such as attitude and self-efficacy. This study looks at the extraversion, conscientiousness, agreeableness, openness, neuroticism, perceived barriers, perceived support and close support which are determinants of entrepreneurial intention. The data was gathered from 123 undergraduate students at one of the university branch campuses in the northern region of Peninsular Malaysia. Data collection was based on voluntary basis, informed consent, and anonymity. Regression analyses indicate that entrepreneurial intention is positively correlated with extraversion, openness, and close support. In the final section, we discuss these results and discover a future research agenda.
2019
Sarawak government would like to churn more young generation entrepreneurs in the state. However, in Malaysia, there is an absence of enterprising education, lack of prior entrepreneurial experience and most of the parents do not support their children to be an entrepreneur. Graduate are still job seekers, not job creators. Thus, this study is conducted to determine the factors that influence (prior entrepreneurial experience, perceived feasibility, social influence and entrepreneurial education) entrepreneurial intention and personal traits (locus of control and need for achievement) as a moderator among private university students. 400 sets of questionnaires were distributed, and the data was analyzed by using Statistical Package for Social Science (SPSS) version 23 and PROCESS Model. The findings showed there is a significant relationship between perceived feasibility, social influence, entrepreneurial education and entrepreneurial intention. Personal traits did not moderate the ...
Entrepreneurial Intention of Students in Indonesia and Malaysia
International Journal of Economics, Business and Management Research
This aims of this study is to analyses the entrepreneurial intention of students in Indonesia and Malaysia. The sample contains 296 respondents that comprise 156 students from several universities in Indonesia and 140 from universities in Malaysia. The data WAS collected using a questionnaire distributed through Google forms. Descriptive analysis and multiple regression were carried out. The results show that entrepreneurship education does not have a big influence on students’ interest in entrepreneurship. However, family support, social support and personality have significant effects on students’ entrepreneurship interest. Personality is the strongest influencing factor. There is a significant difference between Indonesian and Malaysian students as to entrepreneurship intention. The most significant difference lies in the personality of students. This implies that entrepreneurship education in higher education institutions should emphasize developing personality for entrepreneurs...
Factors Affecting Entrepreneurial Intention of Malaysian University Students
Entrepreneurship development has been designated as a key component in economic transformation and educational programs in Malaysia. The government has introduced various initiatives to cultivate entrepreneurial spirit among younger generations, especially the university students. Despite the magnitude of these efforts, little is known whether university students today are entrepreneurial. Notwithstanding the abundance of literature on entrepreneurship, factors affecting students’ entrepreneurial behaviour and why certain students are more entrepreneurial than others require continual assessment. Hence, the present study is aimed at investigating entrepreneurial intention among university students in Malaysia. Theory of planned behaviour is adopted to specifically look at the effect of behavioural factors on entrepreneurial intention. Moreover, contextual factors are incorporated into the model to articulate the impact of perceived support and barriers towards such intention. Using field data collected from 204 university students in Malaysia, this study examines the impact of behavioural factors as well as the contextual factors on students’ entrepreneurial intention by means of multiple regression using SPSS. The findings show that behavioural factors, namely attitude, subjective norm and perceived behavioural control, have significant effect on entrepreneurial intention. It is also found that perceived positive image about entrepreneurs and perceived difficulty to get financial support have impact on their intention. This confirms the need to inculcate entrepreneurism into university students and highlights the importance of providing them conducive surroundings to allow them to develop as entrepreneurs. It also suggests the misleading mentality among students about entrepreneurship as they might have perceived it to be about doing business with strong reliance on financial resources.