Abstract

This study aims to explore the relations between the factors of the start-up environment and entrepreneurial intentions of students in universities in Vietnam and the Philippines by com­bining key elements of theory of reasoned action, theory of planned behaviour, theory of en­trepreneurial events and model of entrepreneurial potential. Research findings were expected to test the appropriateness of this proposed model in the context of Vietnam and the Philippines. A bilateral survey was carried out among 819 students at five universities in Vietnam and the Philippines and the Structural Equation Modelling was applied to estimate the determinants of the students’ entrepreneurial intentions. The findings indicated that subjective norms, en­trepreneurial education, entrepreneurial desirability, and entrepreneurial motivation were po­sitively related to perceived feasibility. Entrepreneurial education was the key determinant of entrepreneurial intention. Barriers for startups demonstrated a negative effect on the perceived feasibility. The key role of entrepreneurial education to entrepreneurial intention was confirmed in both countries. However, there are existing challenges in entrepreneurial education which required more respective supports from governments to promote the enterprise development.

Highlights

  • Students are agents of change in increasing the capacity of the surrounding community

  • Self-preparation is very necessary so that when graduating students are not confused looking for work and do not increase the number of unemployed in Indonesia

  • Students are obliged to change themselves and the community to be more independent in an effort to improve their welfare through existing programs in higher education

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Summary

Introduction

Students are agents of change in increasing the capacity of the surrounding community. Self-preparation is very necessary so that when graduating students are not confused looking for work and do not increase the number of unemployed in Indonesia. For this reason, a real solution is needed to provide, one of which is to increase the entrepreneurial spirit of each individual student to be able to see opportunities to create creative innovations from the local potential of the community. Increasing the spirit of entrepreneurship in every individual in the community is one of the things that can be done by students as agents of change in improving the welfare of society. According to Dees (2001 in Utomo, 2014) in his book entitled “The Meaning of Social Entrepreneurship,” socio-entrepreneurship as a combination and great passion in social mission accompanied by discipline, innovation, and determination as is prevalent in the business world

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