Entrepreneurial Literacy and Social Entrepreneurship Intentions among Youth

Abstract

The youth will be the leaders of the country and the determinants of the continuity of government in the future. Malaysia now has many young entrepreneurs, but not all young entrepreneurs have basic knowledge in entrepreneurship and apply social entrepreneurship theory while running their businesses. This study aims to identify entrepreneurial literacy and social entrepreneurship intentions among youth in Kota Kinabalu, Sabah. This study was conducted using a survey method and using a questionnaire instrument. The total number of respondents involved is 276 youths. Data from the questionnaires were tested and analysed using descriptive and inferential statistical analysis in the Statistical Package for Social Science (SPSS) version 26. The study's findings show that the level of entrepreneurial literacy and the level of social entrepreneurship intention are both at a high level. While the regression test showed entrepreneurial literacy has a significant relationship and effect on social entrepreneurship intentions. Based on this study’s findings, it is recommended that educational institutions emphasise the application of entrepreneurial knowledge in both curriculum and curriculum activities to improve the quality of students' understanding of social entrepreneurship knowledge. In addition, studies regarding social entrepreneurship can also look at society's perceptions and perspectives on social entrepreneurship.