The Triple Helix: Education, Self-Efficacy and Intention in Entrepreneurship

Abstract

Now-a-days countries worldwide are grappling with challenges across various economic fronts such as employment, trade, financing, economic growth, and a high rate of inflation due to the global pandemic and conflicts. Entrepreneurship emerges as a mean to manage and stabilize the economy.Examining entrepreneurial intention provides insights into the potential pool of future entrepreneurs. This study aims to analyze the role of entrepreneurial education at the university level in enhancing entrepreneurial self-efficacy and fostering entrepreneurial intention among management graduates. The study involved 386 participants from three different universities who had studied entrepreneurship development as part of their curriculum. Using IBM AMOS 26.0 software, the validity and reliability of the sample data are ensured, and the fitness of the model was confirmed through Confirmatory Factor Analysis (CFA) and Structural Equation Modeling. The results show a significant relationship among the triple helix, entrepreneurial education, selfefficacy, and intention. Furthermore, entrepreneurial self-efficacy acts as a mediator between entrepreneurial education and entrepreneurial intention. Consequently, this study suggests enhancing the quality of entrepreneurial education at universities to nurture entrepreneurial intention among students. IntroductionEntrepreneurship has attracted considerable academic focus in the last decade. (Wadhwani et al., 2020) (Jiatong et al., 2021. It stands as a pivotal concern not only in developed nations but also in under-