The Filipino generation Z’s entrepreneurial intention: What drives their business mindedness?

Abstract

Entrepreneurs play pivotal roles that affect the economy. These roles are job creation, wealth generation, economic growth, and innovation. According to WorldBank data, they account for around 90% of enterprises and more than half of all jobs in the globe. In emerging economies, formal SMEs account for up to 40% of national income (GDP). The prolonged effects of the COVID-19 pandemic which resulted in job losses have encouraged even the Filipino Generation Z to engage in entrepreneurial activities. This supports various studies conducted by research firms recently that 54% of Generation Z wanted to start their own business venture. Thus, this research aims to determine the influence of entrepreneurial attitude, social valuation, entrepreneurial skills, and entrepreneurial knowledge on entrepreneurial intention. There were 110 Generation Z respondents who answered the adopted survey questionnaire. The researchers were able to secure permission from the original author to use the research instrument. The research utilized a quantitative research design primarily descriptive-correlational. The data were processed using regression analysis to test the relationship of variables. The regression results preceded the acceptance of the 4 hypotheses which means that entrepreneurial attitude, social valuation, entrepreneurial skills, and entrepreneurial knowledge significantly influence entrepreneurial intention. The results will be considerably useful to academics to promote entrepreneurship from high school to college level, to future entrepreneurs in identifying the factors that influence entrepreneurial intention, to the government and its regulators for policy development, and to researchers who plan to expand the literature on the entrepreneurial mind.

Pengaruh Sikap Pribadi, Norma Subyektif, dan Kontrol Perilaku yang Dirasakan terhadap Intensi Berwirausaha

“…Salah satu cara untuk menurunkan tingkat pengangguran di Indonesia dengan membuka lapangan pekerjaan (Koveos, 2016). Kewirausahaan merupakan sumber utama pertumbuhan ekonomi, penciptaan lapangan pekerjaan, mencari keuntungan (Etrata & Raborar, 2022). Untuk menjadi seorang wirausaha menumbuhkan rasa niat atau intensi dalam berwirausaha (Anggles & Memarista, 2017).…”

Pengaruh Sikap Kewirausahaan, Norma Subjektif, Dan Pengetahuan Kewirausahaan Terhadap Niat Wirausaha Mahasiswa

“…Niat berwirausaha adalah keinginan atau kecenderungan seseorang yang dengan sengaja memimpin kegiatan atau perilaku dalam berwirausaha, seperti menciptakan usaha baru (Handaru dkk., 2015). Menurut Biswas dan Verma (2021) Sikap berwirausaha seseorang memiliki hubungan atau korelasi dengan niat berwirausaha (Etrata & Raborar, 2022). Sikap berwirausaha menjadi penentu dari niat kewirausahaan seseorang (Mensah et al, 2021).…”