The Influence of Self-Efficacy and Individual Entrepreneurial Orientation on Technopreneurial Intention among Bumiputra Undergraduate Students

Abstract

Abstract: Malaysian government has implemented various programs to encourage entrepreneurship among Bumiputra youths. However, the number of young Bumiputra entrepreneurs is still far below the expectation. The fourth industrial revolution (IR 4.0) and 5G technology has highlighted the importance of technopreneurship. Unfortunately, technopreneurship is still considered new and many challenges remained. This study was geared towards identifying the factors influencing technopreneurial intention among Bumiputra students in Malaysia. It used self-administered questionnaire to survey 138 Bumiputra undergraduate students from a public university in Malaysia. It developed a research model which integrated self-efficacy theory and individual entrepreneurial orientation (IEO) concept. Based on the analyses performed, it found that information and communication technology (ICT) self-efficacy and two elements of IEO (i.e.: risk-taking and pro-activeness) positively and significantly influenced technopreneurial intention. However, innovation did not influence technopreneurial intention significantly. As such, this study suggested that higher learning institution should realize the importance of technopreneurial education in developing competitive technopreneurs among Bumiputra youths. Furthermore, students should be given more opportunities to pro-actively search for business opportunities, handle actual business to learn risk management and attend ICT courses to increase their ICT capabilities.
 
 Keywords: Intention, Students, Technopreneurship, University