Abstract
This research aimed to test the internal and external validity of the Indonesian Entrepreneurial Competence Inventory constructed based on the situational judgment test (SJT) model. Spencer's entrepreneurial competence theory and interviews with entrepreneurs were employed to build the items. The internal construct validity was tested by applying confirmatory factor analysis (CFA). In contrast, the external construct validity was tested by implementing correlations with other tests that were theoretically correlated with entrepreneurial competency, namely, the previous entrepreneurial competence (Likert-scale model) and risk behavior. The predictive validity was analyzed using correlation testing with an instrument assessing balanced scorecard measurement of entrepreneurial achievement. A sample of 149 entrepreneurs from industrial cities in Indonesia was recruited via convenience sampling. The CFA analyses showed that nine dimensions of the Indonesian Entrepreneurial Competencies Inventory were valid. In the correlation testing with risk-taking behavior and business success, all dimensions were significantly valid, except the see and act on opportunity dimension. However, in the correlation with the previous entrepreneurial competence scale, a significant correlation was found only with a commitment to work. In further analysis, the correlation between dimensions of the current inventory and dimensions of the previous scale showed significant correlations between the competence of seeing opportunity and commitment to work, assertiveness, and persuasion. The impact to the future research and practice application were discussed.
Highlights
The emphasis on human resource development in the second-term government of the President of Indonesia 2020–2024 (Machmudin, 2017) is a significant momentum that cannot be ignored
Construct validity Internal validity The Indonesian Entrepreneurial Competence Inventory was tested by applying confirmatory factor analysis for each dimension
This study aimed at construct and predictive validity examination of the long version of Indonesian Entrepreneurial Competencies Inventory constructed with situational judgment test
Summary
The emphasis on human resource development in the second-term government of the President of Indonesia 2020–2024 (Machmudin, 2017) is a significant momentum that cannot be ignored. The government understands that it is time for Indonesia to develop a strategy to improve human resources (HR) competence in a more directed and sincere manner. Two of the potential human resources to be developed are entrepreneurship and aspiring entrepreneurs. The support from the government can be seen from the permission given to entrepreneurs to open e-business, developing infrastructure for technology development related to e-commerce and bank technology, and mentoring for innovation in e-business. The main objective of government support is to enhance the quality of SMEs to achieve excellent performance. The excellent performance of a business is a performance that is based on the presence of competence at work
Sign-in/Register to view highlights & summary Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
