Awareness on Entrepreneurial Orientation Among Management Students in Vellore
DOI:
https://doi.org/10.26668/businessreview/2023.v8i5.1422%20Keywords:
Entrepreneurship, Entrepreneurial Self-Efficacy, Academic Self-Efficacy, Business Administration CourseAbstract
Purpose: Thus, the objective of this study was to analyze, by means of multivariate techniques, an instrument whose function is to measure the learning of teaching Entrepreneurship, verifying the change in the entrepreneurial profile between participants and non-participants of the entrepreneurial formation process. The research was carried out among university students of the Business Administration course, Vellore.
Theoretical Framework: Entrepreneurship is a socio-economic phenomenon that has been valued for its influence on the growth and development of regional and national economies. The main agent promoting this phenomenon is the entrepreneur; a subject endowed with multiple characteristics who act in a dynamic way and is focused on reaping results, the fruits of their personal efforts. The insertion and search for enterprising subjects in different societies have been noticeable in public, economic and educational programs and policies. Entrepreneurial education is highlighted as one of the most efficient ways to disseminate culture and train new entrepreneurs. From this perspective, the teaching of Entrepreneurship stands out as a resource used for the formation of new entrepreneurs.
Design/Methodology/Approach: The present study aims to analyze the entrepreneurial intention of students from four Institutions in Vellore, relating it to entrepreneurial self-efficacy and academic self-efficacy, and to try to understand which factors influence it. The sample of this study consists of 290 students from four Institutions in Vellore, of which 114 (39.3%) are male and 176 (60.7%) are female.
Findings: Regarding the degree of importance that students attribute to the Institution support structures for the creation of a company, there is a statistically significant difference, in which the GTEC students stand out, who are the ones who attach the most importance to ”Spaces and equipment for starting the business". With regard to the remaining questions, there are no statistically significant differences between the mean values of the answers given depending on the Institution.
Research, Practical/ & Social Implications: In the analysis of the differences between Institutions, it was verified the existence of statistically significant differences in the questions related to the desire to create their own company and to have a concrete business idea to create, in which SPIM showed a higher average in relation to the other three Institutions. Regarding the other two research questions, “I consider myself capable of creating a company”, and “I am able to work on my own”, there were no statistically significant differences between the four Institutions.
Originality/Value: The present study adds value among the management students with regard to the awareness on entrepreneurship which leads to the country’ economic development.
Downloads
References
Bhunia, A. K., & Shome, M. K. (2023). Interrelation Between Personality Characteristics and Social Capital in Formation of Entrepreneurial Intention: a Conceptual Framework. International Journal of Professional Business Review, 8(3), e01124-e01124. https://doi.org/10.26668/businessreview/2023.v8i3.1124
Cantillon, R. (1755). An essay on commerce in general. History of economic thought books.
De Noble, A. F., Jung, D., & Ehrlich, S. B. (1999). Entrepreneurial self-efficacy: The development of a measure and its relationship to entrepreneurial action. Frontiers of entrepreneurship research, 1999(1), 73-87.
Esfandiar, K., Sharifi-Tehrani, M., Pratt, S., and Altina, L. (2019). Understanding entrepreneurial intentions: a developed integrated structural model approach. Journal of Business Research, 94, 172-182. https://doi.org/10.1016/j.jbusres.2017.10.045
Ewijk, Van A.R. and Belghiti-Mahut, S. (2019). Context, gender and entrepreneurial intentions: how entrepreneurship education changes the equation. International Journal of Gender and Enterpreneurship, 11(1), 75-98. https://doi.org/10.1108/IJGE-05-2018-0054
Fretschner, M. and Lampe, H.W. (2019). Detecting hidden sorting and alignment effects of entrepreneurship education. Journal of Small Business Management, 57(4), 1712-1737. DOI: 10.1111/jsbm.12448
Galvão, A., Ferreira, J.J., and Marques, C. (2018). Entrepreneurship education and training as facilitators of regional development: A systematic literature review. Journal of Small Business and Enterprise Development, 25(1), 17-40. https://doi.org/10.1108/JSBED-05-2017-0178
Gieure, C., del Mar Benavides-Espinosa, M., and Roig-Dobón, S. (2020). The entrepreneurial process: The link between intentions and behawior. Journal of Business Research, 112, 541-548. https://doi.org/10.1016/j.jbusres.2019.11.088
https://doi.org/10.26668/businessreview/2023.v8i3.971
Ismail, K., Anuar, M.A., Omar, W.Z.W., Aziz, A.A., Seohod, K., and Akhtar, Ch. Shoaib. (2015). Entrepreneurial Intention, Entrepreneurial Orientation of Faculty and Students towards Commercialization. Procedia - Social and Behavioral Sciences, 181, 349-355. https://doi.org/10.1016/j.sbspro.2015.04.897
Kautonen, T., Van Gelderen, M., and Tornikoski, E.T. (2013). Predicting entrepreneurial behaviour: A test of the theory of planned behaviour. Applied Economics, 45(6), 697-707. https://doi.org/10.1080/00036846.2011.610750
Krueger, Jr. N.F., Reilly, M.D., and Carsrud, A.L. (2000). Competing models of entrepreneurial intentions. Journal of Business Venturing, 15(5–6), 411-432. https://doi.org/10.1016/S0883-9026(98)00033-0
Kuratko, D.F. (2005). The emergence of entrepreneurship education: Development,trends, and challenges. Entrepreneurship Theory and Practice, 29(5), 577-597. https://doi.org/10.1111/j.1540-6520.2005.00099.x
Lages, M., Marques, C.S., Ferreira, J.J.M., and Ferreira, F.A.F. (2017). Intrapreneurship and firm entrepreneurial orientation: insights from the health care service industry. International Entrepreneurship Management Journal, 13(3), 837-854. https://doi.org/10.1007/s11365-016-0428-1
Lumpkin, G.T., Cogliser, C.C., and Schneider, D.R. (2009). Understanding and measuring autonomy: An entrepreneurial orientation perspective. Entrepreneurship Theory and Practice, 33(1), 47-69. https://doi.org/10.1111/j.1540-6520.2008.00280.x
Moriano, J. A., Palací, F. J., & Morales, J. F. (2006). Adaptación y validación en España de la escala de Autoeficacia Emprendedora. Revista de Psicología Social, 21(1), 51-64. https://fusionmx.babson.edu/entrep/fer/papers99/I/I_C/IC.html
Ngah, R., Wahyukaton, Salleh, Z., and Sarmidy, R. (2016). Comparative study of Emotional Intelligence and Entrepreneurial Orientation between Malaysian and Indonesian University Students. Procedia Economics and Finance, 37, 100-107. https://doi.org/10.1016/S2212-5671(16)30099-5
Penpokai, S., Vuthisopon, S., & Saengnoree, A. (2023). The Relationships Between Technology Adoption, HR Competencies, and HR Analytics of Large-Size Enterprises. International Journal of Professional Business Review, 8(3), e0971-e0971.
Pittaway, L. and Edwards, C. (2012). Assessment: Examining Practice in Entrepreneurship Education. Education and Training, 54, 778-800. https://doi.org/10.1108/00400911211274882
Rauch, A. And Hulsink, W. (2014). Putting entrepreneurship education where the intention to act lies: an investigation into the impact of entrepreneurship education onentrepreneurial behavior. Academy of Management Learning and Education, 14(2), 187-204. https://doi.org/10.5465/amle.2012.0293
Wales, W., Monsen, E., and McKelvie, A. (2011). The organizational pervasiveness of entrepreneurial orientation. Entrepreneurship Theory and Practice, 35(5), 895-923.
https://doi.org/10.1111/j.1540-6520.2011.00451.x
Wales, W.J., Parida, V., and Patel, P.C. (2013). Too much of a good thing? Absorptive capacity, firm performance, and the moderating role of entrepreneurial orientation. Strategic Management Journal, 34(5), 622-633. https://doi.org/10.1002/smj.2026
Wurthmann, K. (2014). Business students’attitudes toward innovation and intentions tostart their own businesses. International Entrepreneurship and Management Journal, 10(4), 691-711. https://doi.org/10.1007/s11365-013-0249-4
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2023 P. Sundar Raj, A.V.V.S. Subbalakshmi
This work is licensed under a Creative Commons Attribution-NoDerivatives 4.0 International License.
Authors who publish in this journal agree to the following terms: the author(s) authorize(s) the publication of the text in the journal;
The author(s) ensure(s) that the contribution is original and unpublished and that it is not in the process of evaluation by another journal;
The journal is not responsible for the views, ideas and concepts presented in articles, and these are the sole responsibility of the author(s);
The publishers reserve the right to make textual adjustments and adapt texts to meet with publication standards.
Authors retain copyright and grant the journal the right to first publication, with the work simultaneously licensed under the Creative Commons Atribuição NãoComercial 4.0 (http://creativecommons.org/licenses/by-nc/4.0/), which allows the work to be shared with recognized authorship and initial publication in this journal.
Authors are allowed to assume additional contracts separately, for non-exclusive distribution of the version of the work published in this journal (e.g. publish in institutional repository or as a book chapter), with recognition of authorship and initial publication in this journal.
Authors are allowed and are encouraged to publish and distribute their work online (e.g. in institutional repositories or on a personal web page) at any point before or during the editorial process, as this can generate positive effects, as well as increase the impact and citations of the published work (see the effect of Free Access) at http://opcit.eprints.org/oacitation-biblio.html
