The Analysis of Entrepreneurial Intention at Undergraduate Students of Universitas Syiah Kuala during the COVID–19 Pandemic: Entrepreneurial Capital Building

Abstract

Research aims: This study aims to measure the effect of social capital and entrepreneurial attitude orientation towards entrepreneurial intention mediated by psychological capital.Design/Methodology/Approach: A total of 250 out of 25,899 students of Universitas Syiah Kuala were involved in this study. The sample was selected using proportionate stratified sampling. The data were collected through questionnaires. This study employed structural equation modeling to analyze the influence of the variables involved.Research findings: The study uncovered that psychological capital did not play any essential role in the relationship between social capital and entrepreneurial attitude orientation towards the entrepreneurial intention of Universitas Syiah Kuala students.Theoretical contribution/Originality: This study examined the influence of social capital and entrepreneurial attitude orientation towards entrepreneurial intentions mediated by psychological capital during the COVID-19 pandemic. Furthermore, there was not much literature devoted to the topic.Practitioner/Policy implication: This study provides managerial insight and knowledge about social capital and entrepreneurial attitudes orientation towards entrepreneurial intention mediated by psychological capital on Universitas Syiah Kuala students during the COVID-19 pandemic.Research limitation/Implication: Since this study only focused on the entrepreneurial intention of Universitas Syiah Kuala students, the results could not be generalized to the broader phenomenon. In addition, this study only used endogenous variables (social capital and entrepreneurial attitude orientation) and one mediating variable (psychological capital) to analyze the impact of the entrepreneurial intention of Universitas Syiah Kuala students during the COVID-19 pandemic.

How Psychological Capital and Dark Triad Mediate the Effect of Entrepreneurial Attitude Orientation on Entrepreneurial Intention

“…Another study by Jin (2017) also had similar findings that hope, resilience, and self-efficacy had a positive effect on start-up intentions, while optimism had no significant impact on these intentions. The results of research (Suryani & Megawati, 2022) are contradictory which reveals that psychological capital does not affect student entrepreneurial intention. This finding confirms that positive psychological capital among budding entrepreneurs is closely related to their business start-up intentions.…”

“…Entrepreneurial attitudes are considered a better approach to describing entrepreneurs than other demographic characteristics or variables, because attitudes will measure the How Psychological Capital and Dark Triad Mediate the Effect of Entrepreneurial Attitude Orientation on Entrepreneurial Intention extent to which individuals are positively or negatively inclined to do something (Faidul & Nurlina, 2019). Research conducted by (Mart et al, 2020); (Wathanakom et al, 2020) and (Suryani & Megawati, 2022) shows that entrepreneurial attitude orientation has a positive effect on entrepreneurial intention. H1: entrepreneurial attitude orientation has a positive and significant effect on entrepreneurial intention.…”