Exploring the Role of Social Capital, Managerial Skills, and Technological Literacy in Shaping Entrepreneurial Interest through Entrepreneurial Motivation
https://doi.org/10.35877/454RI.qems3691
Keywords:
social capital, managerial skills, technological literacy, entrepreneurial interest, entrepreneurial motivation
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Abstract
Unemployment is a major issue in Indonesia. This occurs because Indonesia is a country with a relatively high population growth rate, which affects the competition for job opportunities. One of the strategies considered effective in addressing unemployment is to create or increase the number of entrepreneurs. This study aims to determine the direct and indirect effects of social capital, managerial skills, technology literacy, and entrepreneurial motivation on entrepreneurial interest. The sampling technique used is Proportional Random Sampling, with a total of 100 students from the Faculty of Economics and Business Universitas Negeri Makassar. The results indicate that both directly and indirectly, social capital, managerial skills, technology literacy, and entrepreneurial motivation significantly influence entrepreneurial interest. Based on the findings of this study, it can serve as a source of information or a reference for educators or lecturers to guide and assist students in developing entrepreneurial skills. Students are encouraged to deepen their skills related to business management, not only focusing on the products produced but also being capable of conducting marketing activities and making decisions regarding business evaluation with the aim of developing their businesses. Furthermore, future researchers are encouraged to deepen and expand this research in terms of variables and research method development.
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Schumpeter, J. A. (1934). The Theory of Ecosnomic Development. Harvard University Press.
Shapero, A., & Sokol, L. (1982). The social dimensions of entrepreneurship. University of Illinois at Urbana-Champaign's Academy for Entrepreneurial Leadership Historical Research Reference in Entrepreneurship.
Smith, C., Smith, J. B., & Shaw, E. (2017). Embracing digital networks: Entrepreneurs' social capital online. Journal of Business Venturing, 32(1), 18-34. https://doi.org/10.1016/j.jbusvent.2016.10.003
Tuan, L. T. (2019). The Impact of Social Capital on Entrepreneurial Intentions among University Students. Journal of Entrepreneurship Education, 22(1), 1-12.
Youssef, A. B., Boubaker, S., & Omri, A. (2018). Entrepreneurship and sustainability: The need for innovative and institutional solutions. Technological Forecasting and Social Change, 129, 232-241. https://doi.org/10.1016/j.techfore.2017.11.003
Antonioli, D., Nicolli, F., Ramaciotti, L., & Rizzo, U. (2016). The effect of intrinsic and extrinsic motivations on academics’ entrepreneurial intention. Administrative Sciences, 6(4), 15. https://doi.org/10.3390/admsci6040015
Ayalew, M. M., & Zeleke, S. A. (2018). Modeling the impact of entrepreneurial attitude on self-employment intention among engineering students in Ethiopia. Journal of Innovation and Entrepreneurship, 7, 1-27. https://doi.org/10.1186/s13731-018-0088-1
Bauman, A., & Lucy, C. (2021). Enhancing entrepreneurial education: Developing competencies for success. The International Journal of Management Education, 19(1), 100293. https://doi.org/10.1016/j.ijme.2019.03.005
Becerra, M., & Reyes, A. (2022). The Effect of Digital Literacy on Entrepreneurial Motivation and Intentions: A Cross-Cultural Study of University Students. Journal of Small Business and Enterprise Development, 29(5), 635-649.
Blanco, T., Casas, R., Manchado-Pérez, E., Asensio, Á., & López-Pérez, J. M. (2017). From the islands of knowledge to a shared understanding: interdisciplinarity and technology literacy for innovation in smart electronic product design. International Journal of Technology and Design Education, 27, 329-362.
Block, J. H., Fisch, C. O., & Van Praag, M. (2016). The Schumpeterian entrepreneur: a review of the empirical evidence on the antecedents, behaviour and consequences of innovative entrepreneurship. Industry and Innovation, 24(1), 61–95. https://doi.org/10.1080/13662716.2016.1216397
Carsrud, A., Brännback, M., Elfving, J., & Brandt, K. (2017). Motivations: The entrepreneurial mind and behavior. Revisiting the entrepreneurial mind: Inside the black box: An expanded edition, 185-209.
Chaudhary, M., & Sharma, A. (2019). Social Capital, Entrepreneurial Motivation, and Entrepreneurial Intentions: A Study of University Students. International Journal of Entrepreneurial Behavior & Research, 25(6), 1165-1180.
Chen, S., Sharma, G., & Muñoz, P. (2023). In Pursuit of Impact: From Research Questions to Problem Formulation in Entrepreneurship Research. Entrepreneurship Theory and Practice, 47(2), 232-264. https://doi.org/10.1177/10422587221111736
Cigdem, S. (2022). Motivation of Freelance Employees in the Gig Economy in Turkey. Ege Academic Review, 22(4), 502-520.
Deci, E. L., & Ryan, R. M. (1985). Intrinsic Motivation and Self-Determination in Human Behavior. Springer Science & Business Media.
Emmerling, F., Peus, C., & Lobbestael, J. (2023). The hot and the cold in destructive leadership: Modeling the role of arousal in explaining leader antecedents and follower consequences of abusive supervision versus exploitative leadership. Organizational Psychology Review, 13(3), 237-278.
Hervieux, C., & Voltan, A. (2018). Framing social problems in social entrepreneurship. Journal of Business Ethics, 151, 279-293. https://doi.org/10.1007/s10551-016-3252-1
Kerrin, M., Mamabolo, M. A., & Kele, T. (2017). Entrepreneurship management skills requirements in an emerging economy: A South African outlook. The Southern African Journal of Entrepreneurship and Small Business Management, 9(1), 1-10.
Kyrychenko, V. (2018). Indonesia's Higher Education: Context, Policy, and Perspective. Asian Journal of Contemporary Education, 2(2), 159-172. https://doi.org/10.18488/journal.137.2018.22.159.172
Luthans, F., Rosenkrantz, S. A., & Hennessey, H. W. (2019). What do successful managers really do? An observation study of managerial activities. In Managerial Work (pp. 165-180). Routledge.
MacGillivray, B. H. (2018). Beyond social capital: The norms, belief systems, and agency embedded in social networks shape resilience to climatic and geophysical hazards. Environmental science & policy, 89, 116-125. https://doi.org/10.1016/j.envsci.2018.07.014
Martin, J., & Turner, P. (2019). Technology Literacy and Entrepreneurial Motivation: The Role of Digital Competencies in Business Creation. Journal of Entrepreneurship Education, 22(4), 45-62.
Mumuni, A. K., & Addai, M. (2021) Managerial Competence, Entrepreneurial Motivation, and Entrepreneurial Intentions: Evidence from University Students. International Journal of Entrepreneurial Behavior & Research, 27(5), 1058-1075.
Neumeyer, X., Santos, S. C., & Morris, M. H. (2020). Overcoming barriers to technology adoption when fostering entrepreneurship among the poor: The role of technology and digital literacy. IEEE Transactions on Engineering Management, 68(6), 1605-1618. https://doi.org/10.1109/TEM.2020.2989740
Pritadrajati, D. S., Kusuma, A. C., & Saxena, S. C. (2021). Scarred for life: Lasting consequences of unemployment and informal self-employment: An empirical evidence from Indonesia. Economic Analysis and Policy, 70, 206-219. https://doi.org/10.1016/j.eap.2021.02.009
Ratten, V. (2019). Entrepreneurial Motivation and the Influence on Business Start-up Intentions. International Journal of Entrepreneurial Behavior & Research, 25(4), 847-860.
Schumpeter, J. A. (1934). The Theory of Ecosnomic Development. Harvard University Press.
Shapero, A., & Sokol, L. (1982). The social dimensions of entrepreneurship. University of Illinois at Urbana-Champaign's Academy for Entrepreneurial Leadership Historical Research Reference in Entrepreneurship.
Smith, C., Smith, J. B., & Shaw, E. (2017). Embracing digital networks: Entrepreneurs' social capital online. Journal of Business Venturing, 32(1), 18-34. https://doi.org/10.1016/j.jbusvent.2016.10.003
Tuan, L. T. (2019). The Impact of Social Capital on Entrepreneurial Intentions among University Students. Journal of Entrepreneurship Education, 22(1), 1-12.
Youssef, A. B., Boubaker, S., & Omri, A. (2018). Entrepreneurship and sustainability: The need for innovative and institutional solutions. Technological Forecasting and Social Change, 129, 232-241. https://doi.org/10.1016/j.techfore.2017.11.003
Published
2024-12-31
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How to Cite
Isma, A., Hajar Dewantara, Andi Naila Quin Azisah Alisyahbana, Salim Diarra, & Soussou Raharimalala. (2024). Exploring the Role of Social Capital, Managerial Skills, and Technological Literacy in Shaping Entrepreneurial Interest through Entrepreneurial Motivation. Quantitative Economics and Management Studies, 5(6), 1285-1298. https://doi.org/10.35877/454RI.qems3691
Copyright (c) 2024 Andika Isma, Hajar Dewantara, Andi Naila Quin Azisah Alisyahbana, Salim Diarra, Soussou Raharimalala
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