Factors Influencing Entrepreneurial Intention: Focusing on Individuals’ Knowledge Exploration and Exploitation Activities

Lee, Saerom; Kang, Mingyeong; Kim, Byung-Keun

doi:10.3390/joitmc8030165

Cited by 26 publications

(12 citation statements)

References 76 publications

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“…Skill, knowledge, and experience from one's career and entrepreneurshiprelated learning allow for the development of entrepreneurial competence; moreover, the consequential increase in a sense of self-efficacy propels entrepreneurial intention [31]. Selfefficacy is a crucial characteristic in exercising entrepreneurial tasks, and entrepreneurial intention is linked to one's ability [32]. At this point, this research can develop a hypothesis as follows:…”

Section: Perceived Entrepreneurial Capacitymentioning

confidence: 95%

Predictors of Entrepreneurial Intention among High School Students in South Korea

2022

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According to the theory of planned behavior, the goal of this research is to evaluate the connections between perceived entrepreneurial capacity, perceived social norm, attitude toward entrepreneurship, and entrepreneurial intention. It also examines the mediating effect of the educational environment on these connections. Based on the conceptual structure of the theory, this research study was organized to explore how the conception of the theory works in the case of Korean students and to further assess the role of the educational environment in the course of its operation. At Mirae High School of Science and Technology, eighty-nine respondents were used for the statistical analysis. One model was chosen to explore this research concept, namely, variance-based structural equation modeling (VB-SEM). All of the direct hypotheses are supported except the indirect hypothesis. The perceived entrepreneurial capacity positively influences entrepreneurial intention. The perceived social norm positively influences entrepreneurial intention. Additionally, a positive attitude toward entrepreneurship influences the intention to engage in it. The indirect effect is not in line with the expected hypothesis. The research’s findings contribute to the literature review by adding another empirical confirmation (educational environment’s role) from South Korean students’ viewpoint. It offers useful information and provides students with entrepreneurial skills. This research also contributes to the advancement of knowledge in relation to the predictors of entrepreneurship in students, and it could help governments to make decisions on entrepreneurship. Moreover, it highlights the direction in which a government or policymaker can take to pursue entrepreneurship and its education.

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Section: Perceived Entrepreneurial Capacitymentioning

confidence: 95%

Predictors of Entrepreneurial Intention among High School Students in South Korea

2022

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“…The term entrepreneurial generation refers to a group of individuals actively engaged in creating, developing, and managing their own businesses or ventures (Lee et al, 2022). They possess a strong entrepreneurial spirit and are oriented towards innovation, Vol.1, No.1, February 2024, DOI : https://doi.org/10.61100/tender.v1i1.145, pages.…”

Section: Entrepreneurial Generationmentioning

confidence: 99%

Education Strategy for Generating a Technology-Based Entrepreneurial Generation

Purnama

2024

J.Tender

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The rapid growth in information and communication technology (ICT) has fundamentally transformed the business landscape, leading to the emergence of new business models and accelerating the pace of change. In this context, it is essential to prepare the next generation with the appropriate skills to face challenges and leverage opportunities offered by the technology revolution. The purpose of this research is to examine education strategies to produce a technology-based entrepreneurial generation. This study is a qualitative literature review aiming to investigate various approaches in academic literature related to the research topic. Data for this research will be retrieved from Google Scholar with a range of years from 2018 to 2023. The study findings indicate that education strategies to produce a technology-based entrepreneurial generation must be comprehensive, holistic, and sustainable. Education should prioritize the development of technical skills, creative thinking, and entrepreneurial attitudes in an inclusive and sustainable learning environment. Additionally, education should integrate project-based learning and real-world experiences, as well as strengthen soft skills essential for success in business.

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“…Entrepreneurial intention is predicted to strongly influence a person's desire to innovate, seek business opportunities, and take risks, referred to as entrepreneur orientation (EO). EO affects EI by strengthening one's interest and desire to venture into the business (Lee et al, 2022). However, several studies have analyzed deficiencies in entrepreneurship learning which are only oriented toward knowledge and understanding accompanied by skills in that field (Amalia & von Korflesch, 2021;Purusottama & Trilaksono, 2019).…”

Section: Introductionmentioning

confidence: 99%

Examining the Mediating-Moderating Role of Entrepreneurial Orientation and Digital Competence on Entrepreneurial Intention in Vocational Education

Triyono¹,

Mutohhari²,

Kholifah³

et al. 2023

JTET

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The rapid development of technology and digitalization in today's era has affected many aspects of life, including business and entrepreneurship. On the other hand, vocational education also has an essential role in preparing reliable and qualified human resources in this field. However, the main problem is the absence of entrepreneurial orientation and digital competency support in vocational education. In addition, low social and psychological capital results fromthis problem. This research aims to measure the role of social capital (SC) and psychological capital (PC) on entrepreneurial orientation (EO). Together they influence entrepreneurial intention (EI). In addition, entrepreneurial orientation (EO) was tested for its role as a mediator and tested for the moderating effect of digital competence (DC). This study used a quantitative research method with an ex post facto approach involving 757 vocational education student respondents. Data was collected through an Entrepreneurial Intentions questionnaire with a Likert scale of 1-5 (strongly disagree to agree strongly). SEM analysis tests the direct effect based on the path coefficient and the mediating and moderating effect based on the bootstrap results. The study results reveal that social capital (SC) and psychological capital (PC) and entrepreneurial orientation(EO)are significant in entrepreneurial intentions(EI). Entrepreneurial orientation (EO) is essential in mediating social and psychological capital's influence in determining intentions. Digital competence (DC) can prove its moderating role significantly in its interaction with entrepreneurial orientation(EO)in determining intentions. In addition, social capital (SC) and psychological capital (PC) andentrepreneurial orientation (EO) as the basis for forming entrepreneurial intentions(EI)in vocational education students. The recommendation from the study is that vocational education providers need to increase the use of technology in learning, provide entrepreneurship education and training programs and build networks with local business communities.

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Factors Influencing Entrepreneurial Intention: Focusing on Individuals’ Knowledge Exploration and Exploitation Activities

Cited by 26 publications

References 76 publications

Predictors of Entrepreneurial Intention among High School Students in South Korea

Predictors of Entrepreneurial Intention among High School Students in South Korea

Education Strategy for Generating a Technology-Based Entrepreneurial Generation

Examining the Mediating-Moderating Role of Entrepreneurial Orientation and Digital Competence on Entrepreneurial Intention in Vocational Education

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