Entrepreneurial Intentions of Undergraduate Students: Mediating Role of Perceived Feasibility

Andono Swandaru; Mugi Harsono

doi:10.15294/jdm.v12i2.29582

Entrepreneurial Intentions of Undergraduate Students: Mediating Role of Perceived Feasibility

Andono Swandaru⁽¹⁾, Mugi Harsono⁽²⁾,

DOI: https://doi.org/10.15294/jdm.v12i2.29582

(1) Sebelas Maret University
(2) Sebelas Maret University

Abstract

This study aims to test several Krueger models that have not been carried out by Esfandiar. In this model, the variable perceived feasibility is a mediator but Esfandiar did not test the variable so that the feasibility variable was used as a mediator in this research update. Data was collected using an online questionnaire (Google Form) which was given directly to undergraduate students at Sebelas Maret University. The research method used is PLS with questionnaire analysis using WarpPLS version 7.0. The results show that the mediation of feasibility perception plays a partial role in entrepreneurial intentions, meaning that students' perceptions of eligibility will directly influence entrepreneurial desires to become entrepreneurs. When students feel that the entrepreneurial profession is worthy of student perceptions, it will arouse students' entrepreneurial desires. In addition, when students see the entrepreneurial profession as feasible, it will increase students' self-efficacy and collective-efficacy which in turn can generate entrepreneurial desires.

Keywords

Entrepreneurship, Entrepreneurial Intention, Business Economics, Human Resources

Full Text:

PDF

References

Ajzen, I. (1991). The theory of planned behavior. Organizational Behavior and Human Decision Processes, 50(2), 179â€“211. https://doi.org/10.1016/0749-5978(91)90020-T

Botsaris, C., & Vamvaka, V. (2016). Attitude toward entrepreneurship: Structure, prediction from behavioral beliefs, and relation to entrepreneurial intention. Journal of the Knowledge Economy, 7(2), 433â€“460.

BPS. (2020). Februari 2020: Tingkat Pengangguran Terbuka (TPT) sebesar 4,99 persen. Available at: https://www.bps.go.id/pressrelease/2020/05/05/1672/februari-2020--tingkat-pengangguran-terbuka--tpt--sebesar-4-99-persen.html.

Carsrud, A., BrÃ¤nnback, M., Elfving, J., & Brandt, K. (2017). Motivations: The entrepreneurial mind and behavior. In Revisiting the entrepreneurial mind (pp. 185â€“209). Springer.

Chen, M.-F. (2015). Self-efficacy or collective efficacy within the cognitive theory of stress model: Which more effectively explains peopleâ€™s self-reported proenvironmental behavior? Journal of Environmental Psychology, 42, 66â€“75.

Deal, K. (2010). Structural Equation Modeling for Trekkies: WarpPLS 1.0 Shows Promise for Researchers. Journal Of Marketing Research.

Dubard Barbosa, S., Gerhardt, M., & Kickul, J. (2007). The Role of Cognitive Style and Risk Preference on Entrepreneurial Self-Efficacy and Entrepreneurial Intentions. Journal of Leadership & Organizational Studies, 13. https://doi.org/10.1177/10717919070130041001

Esfandiar, K., Sharifi Tehrani, M., Pratt, S., & Altinay, L. (2019). Understanding entrepreneurial intentions: A developed integrated structural model approach. Journal of Business Research, 94, 172â€“182. https://doi.org/10.1016/j.jbusres.2017.10.045

Fornell, C., & Bookstein, F. (1982). Two Structural Equation Models: LISREL and PLS Applied to Consumer Exit-Voice Theory: Journal of Marketing Research, 19, 440â€“452.

Gefen, D., Straub, D., & Boudreau, M. (2000). Structural Equation Modeling And Regression: Guidelines For Research Practice. Communications of the Association for Information Systems, 4. https://doi.org/10.17705/1CAIS.00407

Ghozali, I., & Latan, H. (2015). Partial least squares konsep, teknik dan aplikasi menggunakan program smartpls 3.0 untuk penelitian empiris. Semarang: Badan Penerbit UNDIP.

Howell, D. C. (2010). Statistical methods for psychology (7th ed). Australia : Belmont, CA: Thomson Wadsworth.

Indarti, N., & Krinstiansen, S. (2003). DETERMINANTS OF ENTREPRENEURIAL INTENTION: The Case of Norwegian Students. Gadjah Mada International Journal of Business, 5, 79. https://doi.org/10.22146/gamaijb.5392

Krueger, N. (2009). Entrepreneurial Intentions are Dead: Long Live Entrepreneurial Intentions. In A. L. Carsrud & M. BrÃ¤nnback (Eds.), Understanding the Entrepreneurial Mind (pp. 51â€“72). New York, NY: Springer New York. https://doi.org/10.1007/978-1-4419-0443-0_4

LiÃ±Ã¡n, F., & Chen, Y. (2009). Development and crossâ€“cultural application of a specific instrument to measure entrepreneurial intentions. Entrepreneurship Theory and Practice, 33(3), 593â€“617.

Ramayah, T., & Harun, Z. (2005). Entrepreneurial intention among the students of Universiti Sains Malaysia (USM). International Journal of Management and Entrepreneurship, 1, 8â€“20.

Sanusi, A. (2011). Metode Penelitian Untuk Bisnis I. Jakarta: Salemba Empat.

Sekaran, U., & Bougie, R. (2009). Research Methods for Business: A Skill Building Approach (5th Edition). International Journal of Information Technology and Management - IJITM.

Shelly, M. & F. (2018). Analisis Pengaruh Entrepreneurial Intentions Dengan Menggunakan Pendekatan Krueger Entrepreneurial Intentions, Studi Kasus: Industry UMKM Food and Beverage di Jakarta.

Shepherd, D. A., & Krueger, N. F. (2002). An Intentionsâ€“Based Model of Entrepreneurial Teamsâ€™ Social Cognition*. Entrepreneurship Theory and Practice, 27(2), 167â€“185. https://doi.org/10.1111/1540-8520.00005

Shook, C. L., & Bratianu, C. (2010). Entrepreneurial intent in a transitional economy: An application of the theory of planned behavior to Romanian students. International Entrepreneurship and Management Journal, 6(3), 231â€“247.

Singh, R., Knox, E., & Crump, M. (2008). Opportunity recognition differences between black and white nascent entrepreneurs: A test of bhaveâ€™s model. Journal of Developmental Entrepreneurship (JDE), 13, 59â€“75. https://doi.org/10.1142/S1084946708000855

Steffens, P., Fitzsimmons, J., & Douglas, E. (2006). A Choice Modelling Approach to Predict Entrepreneurial Intentions from Attitudes and Perceived Abilities. SSRN Electronic Journal. https://doi.org/10.2139/ssrn.1263730

Wang, C., & Wong, P. K. (2004). Entrepreneurial Interest of University Students in Singapore. Technovation, 24, 163â€“172. https://doi.org/10.1016/S0166-4972(02)00016-0

Zhao, H., Seibert, S., & Hills, G. (2005). The Mediating Role of Self-Efficacy in the Development of Entrepreneurial Intentions. The Journal of Applied Psychology, 90, 1265â€“1272. https://doi.org/10.1037/0021-9010.90.6.1265