Comparative Study: Factors that Influence Entrepreneur Intention Between B40 and M40

Abstract

The main objective of this study is to compare factors that effecting entrepreneur intention of higher Education Institute (HEI) students between B40 family with M40 and T20 family in Melaka. Factors such as initiative, seek on opportunities, act on opportunities, information seeking, concern for high quality of work, commitment to work contract, efficiency orientation, systematic planning, problem solving, self-confidence and assertiveness are tested the correlation with entrepreneur intention. A total of 475 respondents were collected to give their response, where 316 respondents came from B40 family and 159 respondents from M40 and T20 family around HEI in Melaka. Data collection method using structured questionnaire and deliver to respondents by google form apps. The comparative study includes the level of entrepreneur intention for both groups. Hypotheses testing of factors toward entrepreneur intention for both group also tested. At the end, researcher seek comparative analysis the dominant factor that effecting entrepreneur intention among students for both groups. The research finding show that the level of entrepreneur intention among students from M40 and T20 family is higher than students from B40 family. Finding also state that all factors have positive significant relationship with entrepreneur intention for both group but in different situation. Two factors are most dominant factor toward entrepreneur intention for student from M40 and T20. While for students from B40, there are four factors most dominant toward entrepreneur intention. As conclusion, the university can focus to certain factors for both groups of student to improve entrepreneur intention among them.

Using Household Living Aid for Entrepreneurship: What Does the B40 Think?

“…Other than that, an entrepreneur with all the clustered personality factors, such as the ability to recognise opportunities, the ability to generate ideas, and the ability to explore new production methods, market products, or improve and enhance the process, are perceived as the determinants of successful performance (Rajan & Panicker, 2020). Moreover, when comparing income groups, youth in B40 household has lower entrepreneurial intention than their counterparts in the M40 and T20 groups (Harun et al, 2021).…”