Effect of family business support, academic support, and entrepreneurship education on student entrepreneurial intentions

SUMINAR, ELIZABETH DEWI and Agustin, Karina and Sutapa, I Nyoman (2024) Effect of family business support, academic support, and entrepreneurship education on student entrepreneurial intentions. [UNSPECIFIED]

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Abstract

The outbreak of the Covid-19 pandemic has significantly influenced the availability of job opportunities. Moreover, companies are downsizing their labor number to carry out their industrial sustainability. Therefore, there is an urgent situation for graduate students to create their entrepreneurship rather than expect formal employment. This study assesses three factors that will impact college students spirit to build their entrepreneurship: family business support, entrepreneurship education, and academic support. Respondents were collected from 151 individuals of engineering graduate students. Research from literature studies related to the factors is considered in designing the questionnaire as the survey to the respondents. Analyzing the survey data with the Structural Equation Modeling technique in Smart PLS 3,0 resulted in information that the family business support and academic support had a significant influence on students entrepreneurial intention. Thus, family business support becomes the most significant factor to encourages students to become entrepreneurs. In addition, the existence of financial and non-financial support from family can encourage students motivation to create their entrepreneurship. On the other hand, entrepreneurship education does not significantly affect the students to develop an entrepreneurial interest.

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