Factor Analysis of Entrepreneurship Ecosystem to Develop Comprehenship Entrepreneurship Skills

Abstract

Purpose: To comprehensively develop entrepreneurship skills in students and ultimately cultivate young entrepreneurs with strong capabilities, a holistic approach requires the integration of an entrepreneurial learning model supported by a campus entrepreneurship ecosystem and business incubators. This synergy aims to drive downstream activities and commercialization. This research aims to design an entrepreneurship learning model backed by a campus entrepreneurship ecosystem and business incubators to stimulate downstream activities and commercialization of products and services developed by students. Design/Methodology/Approach: The study employs a mixed-methods approach, combining quantitative and qualitative methods. Data collection involves surveys, interviews, and focus group discussions. Respondents include 9 students, 5 MSME practitioners, 5 university incubator representatives, and 5 entrepreneurship lecturers. Data analysis techniques encompass factor analysis and content analysis, with a sample size of 200 students. Research, Practical & Social implications:The outcome will be a designed entrepreneurship learning model supported by a campus entrepreneurship ecosystem and business incubators to facilitate downstream activities and commercialization of students' products and services. Originality/Value: The proposed entrepreneurship learning model supported by a campus entrepreneurship ecosystem and business incubators, aimed at fostering downstream activities and commercialization of students' products and services, encompasses the following aspects: Enhanced Entrepreneurial Competence Learning Process, Entrepreneurship Internship Program, Bootcamp for Skill Enhancement, Prototyping and Validation, and Expo Engagement.