Entrepreneurial Readiness Research Articles

Overcoming Poverty: The Impact of Entrepreneurship Training

Educational attainment may deter entrepreneurial activity. Educated individuals have greater job choice while lacking education can drive entrepreneurship out of necessity. Entrepreneurial training helps individuals learn the skills to launch businesses and become self-reliant. This study examined the efficacy of an entrepreneurial preparation program in Mexico by analyzing survey responses related to education and motivation. Findings indicate that factors other than training had more impact on business ownership. Motivational factors were positively correlated with the likelihood of being an entrepreneur. Mother’s education level was positively correlated with the likelihood of working for someone else.

Creating a Sustainable Entrepreneurship Ecosystem Through Innovation in Education

People increasingly recognize entrepreneurship as a critical strategy for driving economic growth, reducing unemployment, and fostering innovation across sectors. However, entrepreneurship's sustainability relies heavily on supporting a robust ecosystem, with education serving as its foundation. Innovations in education, such as project-based learning (PBL), business simulations, and collaborations between educational institutions, industry, and government, are essential for shaping resilient, innovative, and sustainable entrepreneurs. Research has demonstrated that ecosystem-based entrepreneurship education enhances critical thinking skills, creativity, adaptability, and entrepreneurial readiness to tackle global challenges. Multi-stakeholder collaborations between education, industry, and government strengthen this ecosystem by providing resources, networks, and knowledge that support business sustainability. Additionally, challenge-based learning approaches such as Challenge-Based Learning (CBL) and the integration of business simulations effectively increase entrepreneurial confidence and learning performance through real-world experiences. This strategy has the potential to significantly and sustainably influence economic development through the ecosystem of entrepreneurship education. This study takes a qualitative approach, analyzing books, policy papers, case studies, and scientific articles on entrepreneurship education from different higher education institutions using a literature review method. We perform the analysis using a descriptive methodology to find trends, themes, and successful tactics in entrepreneurship education. Building a healthy entrepreneurial ecosystem requires innovation in entrepreneurship education. Approaches such as project-based learning and business simulations provide students with relevant practical experiences, helping them develop skills such as decision-making, risk management, and innovation needed to navigate the dynamics of modern business. Furthermore, collaboration between the education sector, industry, and government is critical in creating an ecosystem that supports innovative and resilient entrepreneurs. Studies show that innovation-based education, supported by multi-stakeholder collaboration, improves students' readiness for business challenges and contributes to sustainable economic and social growth.

Cloud-based expertise: Evaluating proficiency in SAP C/4HANA for predicting entrepreneurial readiness in startup businesses

Cloud-based expertise: Evaluating proficiency in SAP C/4HANA for predicting entrepreneurial readiness in startup businesses

Pengaruh Pengetahuan Kewirausahaan dan Self Efficacy Terhadap Kesiapan Berwirausaha pada Mahasiswa di Kota Sukabumi

In the context of globalization which is currently very strong, the availability of a large workforce but the number of jobs and employment opportunities is small is the main factor causing employment problems, including unemployment. Every individual has the same goal, namely having optimal work readiness, which will influence positive work results for the success of their business. That way each individual will achieve the desired goal. The aim of this research is to determine the description of entrepreneurial knowledge, self-efficacy and entrepreneurial readiness among students in Sukabumi City. The sampling technique in this research used purposive sampling, the samples taken in this research were 300 students. Based on the research results, it shows that there is a positive and significant influence between entrepreneurial knowledge and self-efficacy on entrepreneurial readiness.

Impact of Entrepreneurship Education and Policy on Vietnamese Youth’s Entrepreneurship Readiness and Intentions

This study aims at investigating impact of entrepreneurship education and policy on Vietnamese youth’s entrepreneurship readiness and intentions. The structural equation modeling (SEM) was applied to explore the relationship among different factors. In this research, the moderating variable was entrepreneurship mentor while intermediate variables were comprised of age, gender as well as educational background. The primary data was collected through online survey questionnaire with Vietnamese youngsters. There were 583 valid responses, which were processed with SPSS and AMOS software. The analyzed data demonstrated that 5 hypotheses were accepted. This proved that entrepreneurship intention was influenced by entrepreneurship policy and education. The factor of entrepreneurship mentor played the intermediate role within the relationship between entrepreneurship readiness and intention of Vietnamese youth.

Assessing Entrepreneurial Readiness in Teacher Education Graduates for Future Success

Entrepreneurship education is increasingly recognized as essential for cultivating an entrepreneurial mindset among students. The College of Teacher Education (CTE) at Mariano Marcos State University (MMSU) has integrated the "Entrepreneurial Mind" subject into its curriculum to equip future educators with vital entrepreneurial skills. This study assesses the entrepreneurial competencies, attitudes, and intentions of MMSU-CTE graduates who completed this subject. This study evaluates key competencies such as opportunity recognition, innovation, risk management, and leadership, alongside graduates' perceptions of the subject's effectiveness. Data were collected from 150 graduates via a structured questionnaire online and analyzed using descriptive and inferential statistics. Results indicate high proficiency in opportunity recognition, resource management, and innovation, but moderate levels in risk management and financial planning, suggesting areas for curricular enhancement. While 65% of graduates exhibit positive entrepreneurial attitudes, only 50% have strong intentions to start a business, highlighting the need for additional support mechanisms like mentorship and funding. Graduates reported significant improvements in entrepreneurial skills and confidence, validating the subject's integration. The study underscores the importance of entrepreneurship education in non-business disciplines and recommends curriculum enhancements, support mechanisms, broader implementation, and longitudinal research to optimize entrepreneurial readiness and drive innovation.

중국 4대 직할시 온라인 플랫폼 창업자의 창업동기, 개인역량, 창업환경요인이 창업행동에 미치는 영향 : 사업기회포착의 매개효과를 중심으로

With the technological advancements of the Fourth Industrial Revolution, traditional manufacturing industries are transitioning to platform entrepreneurship utilizing AI and robotics technology. This shift contributes to national economic growth and job creation, aligning with the “Mass Entrepreneurship and Innovation” initiative advocated by Chinese Premier Li Keqiang in 2015, which drives the development of the platform economy. This study empirically analyzes the impact of entrepreneurial motivation, individual competencies, and entrepreneurial environmental factors on entrepreneurial behavior, with a mediating effect of business opportunity recognition, based on data collected from 515 online platform entrepreneurs in China’s four major municipalities. Using SPSS V. 24.0 and Process Macro 4.0 for analysis, the results indicate that economic and non-economic motivations, interpersonal competencies, digital utilization competencies, entrepreneurial education, financial status evaluation, and entrepreneurial support programs positively influence entrepreneurial behavior, with business opportunity recognition playing a crucial mediating role. Among these factors, financial status evaluation emerged as the most significant variable affecting entrepreneurial behavior. This finding demonstrates that an entrepreneur's ability to identify and evaluate business opportunities significantly impacts their entrepreneurial preparation and execution. Conversely, problem-solving competencies showed no direct effect on entrepreneurial behavior nor a mediating effect through business opportunity recognition. The traditional Chinese culture emphasizing guanxi (relationships) highlights the greater importance of interpersonal competencies over problem-solving or digital utilization competencies in business success. Therefore, to promote online platform entrepreneurship, it is essential to provide systematic financial education and continuous entrepreneurial support, enable networking and interpersonal skill‘s development programs, and offer practical support measures considering the impact of entrepreneurial environmental factors such as financial status evaluation on entrepreneurial behavior.

Hubungan Hasil Belajar Produk Kreatif dan Kewirausahaan (PKK) dengan Kesiapan Berwirausaha Siswa Teknik Pemesinan SMKS Dhuafa Padang

SMKS Dhuafa Padang equips students with entrepreneurial knowledge and skills through the subject of Creative Products and Entrepreneurship (PKK). However, students' entrepreneurial readiness is still low. This study examines the factors behind it, such as the narrowing of employment opportunities, entrepreneurship can create jobs, PKK has an influence on the entrepreneurial spirit, entrepreneurship learning has an important role in improving students' entrepreneurial readiness. This study uses a quantitative correlational type to determine the relationship between PKK and Entrepreneurial Readiness. Data collected in the form of numbers and analyzed using statistics. The research method used is associative quantitative, which aims to determine the influence and relationship between PKK and Entrepreneurial Readiness. This study found that PKK has a relationship with student entrepreneurship readiness at SMKS Dhuafa Padang. This is evidenced through the T test and F test, where the value of Sig. 0.05 and the value of tcount ttable (in the T test) and the value of fcount ftable (in the F test) indicates a relationship.In conclusion, PKK proved to play an important role in increasing students' interest in entrepreneurship, with 15.1% influenced by PKK and the rest by other factors.

Learning from African entrepreneurship—on the psychological function of entrepreneurial preparedness

Psychological preparedness for entrepreneurial actions helps to connect macro-institutional support for entrepreneurs to actions of entrepreneurs. Action knowledge and personal initiative are part of entrepreneurial preparedness, and there are two training concepts that have been developed to increase the number of entrepreneurs among BA and high school students in low- and middle-income countries and to improve the skills and mindset of entrepreneurs. I discuss large-scale randomized controlled interventions in both of these areas with the STEP and personal initiative training. Showing that psychological preparedness for entrepreneurial actions can be enhanced, the question is whether methods shown to work in low-income countries can inform entrepreneurship research in general. Issues that seem to speak against generalizing are often seen in necessity, survivalist, and informal entrepreneurship. These issues are discussed and are deemed of lower importance for generalization of findings. There are also methodological advantages when doing research in low- and middle income countries. Practical and policy implications are also provided.Plain English SummaryEntrepreneurship is about taking action and seizing opportunities. People often think of African entrepreneurs as just trying to survive, but there is more to it. In fact, Africa has likely many more entrepreneurs than the West, and these young business people are keen to learn and grow. We have created training programs for university and high school students to boost the number of entrepreneurs and improve their skills. We have tested these programs with over 6000 students across 11 developing countries, and they have been successful: Training participants started 30% more businesses than the control group. We have also developed a training called personal initiative to help entrepreneurs increase their profits by up to 30%. This has been tested with thousands of participants in ten countries. What makes these training programs special is that they are scientifically tested and proven to be highly effective (the tests were similar to examining the effectiveness of a new medicine). They focus on immediate skill and mindset learning. Psychological training helps entrepreneurs be ready to make the most of government and macro-economic support for businesses. So, there is a lot we can learn from entrepreneurship in Africa.

Entrepreneurship Education and Self-Efficacy: How Do They Affect the Entrepreneurial Readiness of Vocational Students?

The dearth of entrepreneurial activity in Indonesia can be attributed to the lack of requisite skills possessed by those who aspire to become entrepreneurs. It is evident that aspiring entrepreneurs lack the necessary skills to play an effective role in the country's economy. Consequently, it is of the utmost importance to implement tangible measures with the objective of enhancing the country's economic performance. In addition, it is essential to implement concrete measures with the aim of improving entrepreneurial skills among the population. One potential avenue for improvement is through educational initiatives that impart the requisite skills. The objective of this study is to assess the influence of entrepreneurial readiness on students from an early age. This study examines the effect of entrepreneurship education and self-efficacy on the entrepreneurial readiness of vocational students. The data utilized in this study were collected from primary sources. The data were processed using the structural equation modeling (SEM) partial least squares (PLS) version 4.0.2 application. The SEM-PLS Version 4.0.2 application demonstrated that entrepreneurship education has a significant effect on entrepreneurial intention. The findings indicate that entrepreneurship education plays a pivotal role in fostering vocational students' readiness for entrepreneurship. The study found that self-efficacy has a significant effect on vocational students' readiness for entrepreneurship. Furthermore, the results indicated that entrepreneurship education

Waste management through a waste bank based on entrepreneurial readiness in Ngalang Village

This research describes entrepreneurial readiness in the waste bank community at Ngalang Village, Gunungkidul Regency. This study is qualitative phenomenological research. This study's respondents were six administrators and members of the waste bank community in Ngalang Village, Gedangsari, Gunungkidul. Respondents were selected using a purposive sampling technique with the characteristics of the respondents: administrators and members of the Ngalang Village waste bank, do not have a permanent job, have an active status, and have been involved for at least one year. The data analysis employed in this research is content analysis. The results of the study show that the entrepreneurial readiness of the waste bank community in Ngalang Village has the skills needed in business, is courageous in dealing with and anticipating business failures, has a social network community that supports business activities, can see business opportunities, and prepare business development plans. In addition, in the waste bank community, they can prepare physically, mentally, and spiritually, have strong personalities, are willing to develop their skills, prepare for business activity, and prepare themselves for marketing the products. This entrepreneurial readiness will eventually become the principal capital in starting a business in the waste bank community.

Peran Pendidikan Kewirausahaan Terhadap Kesiapan Berwirausaha pada Peserta Didik SMKN Sukaresik

Entrepreneurship education plays a major role in increasing the number of entrepreneurs in Indonesia. Because entrepreneurs create jobs for other in addition to themselves, the unemployment rate may decline as their numbers rise. Students must therefore be ready for entrepreneurship. Understanding the entrepreneurial mindset and preparedness of SMKN Sukaresik students is the aim of this study. The study discovered that while unemployment is rising, students are not as prepared for entrepreneurship. This result from the inadequate application of entrepreneurship education in the educational setting. The purpose of the study was to determine how education affected the entrepreneurial readiness of SMKN Sukaresik students. This study combined descriptive and verification methods with quantitative method. The research population consisted of 102 SMKN Sukaresik online business and marketing majors. The Slovin formula was used to generate a sample of 50 responders. The findings demonstrated that entrepreneurship education has a positive impact on SMKN Sukaresik students’ entrepreneurial readiness. A coefficient of determination of 0,555 indicates that entrepreneurship education has a 55,5% impact on entrepreneurial readiness, while 44,5% is attributable to other factors not included in the study.

Higher Vocational Students’ Future Self-continuity and Sustainable Entrepreneurial Preparation Behavior in China: The Moderating Effect of Financial Literacy and Belief in a Just World

How to stimulate sustainable entrepreneurship among higher vocational students is ambiguous, and cognition is related to sustainable entrepreneurship. Therefore, based on a sample of 206 Chinese higher vocational students, this paper studies the relationship between Chinese higher vocational students’ future self-continuity and sustainable entrepreneurial preparation behaviors, as well as the facilitating effects of financial literacy and belief in a just world. The results confirm for the first time that Chinese higher vocational students’ future self-continuity is significantly and positively associated with sustainable entrepreneurial preparation behavior, and that financial literacy contributes significantly, while belief in a just world do not contribute. This suggests that Chinese higher vocational students need not only knowledge of their present and future selves but also the link between financial knowledge and skills to be able to adequately contribute to sustainable entrepreneurial preparedness.

Preparing for a Day that May Never Come: Venturing in Limbo

AbstractThe new venture creation process is a central phenomenon in entrepreneurship research. Typically, scholarship has sought to identify common, linear stages of development in this process in pursuit of a sustained, growing venture. In contrast to this theory, this study reveals dynamic, non‐linear venturing processes that allowed for venture persistence despite failing to ‘progress’ toward traditional outcomes. We generate these insights from qualitative data on Syrian refugee entrepreneurs seeking to create and sustain ventures in Lebanon while living in a state of limbo – a precarious situation where the future is unknown and unknowable. We organize our findings in a model of venturing in limbo, which explains why and how entrepreneurs persist in venture creation practices despite experiencing repeated and significant setbacks that return them ‘to square one’. We reveal dynamic venture creation processes that allow for adaptive responses to erratic environmental shifts by producing entrepreneurial readiness, which consists of behavioural, cognitive, and psychological/emotional capabilities. Entrepreneurial readiness enables persistence of venturing efforts in the face of chronic precarity. Our study contributes to theory on new venture creation in entrepreneurship and organizational liminality.

The relationship between VET teachers’ entrepreneurship education teaching practices and students’ learning needs

ABSTRACT This article contributes to the field of entrepreneurship education (EE) research by raising the question of vocational teachers’ ability to respond to the students’ need for entrepreneurial guidance. The main research question in this article is: How do VET teachers’ EE teaching practices match with the learning needs of the students. Two types of quantitative data and the theory of guided preparation are used to answer this question. The first part of the data was collected from Finnish VET teachers and the second part from Finnish ninth graders applying for VET. Based on these two datasets, a four-field matrix was formed and how teachers are successfully able to boost students’ entrepreneurial preparedness was analysed. The research findings have implications for guidance within VET, both for the students and the teachers. The results combining the teachers’ EE practices with students’ learning needs open a wide range of new possibilities to understand the relevance and timeliness of EE.

The Influence of Entrepreneurial Literacy and Entrepreneurial Practice on Entrepreneurial Readiness In The Industrial Era 4.0

Purpose - Industry 4.0 has brought about changes in a variety of fields, including education. Entrepreneurship education at the university level, in particular, must be capable of producing graduates capable of creating their employment opportunities and adapting to their surroundings. The purpose of this study is to describe and assess entrepreneurial practice learning and entrepreneurial literacy, as well as their impact on entrepreneurial readiness in the industry 4.0 era. Methodology - Responses were collected from 400 university students in Tulungagung Regency, East Java, who had taken the Entrepreneurship course. The students' responses were gathered using a questionnaire with Likert scale questions as the instrument. Findings - Data analysis using multiple linear regression revealed that entrepreneurial culture had a significant positive impact on preparation for entrepreneurship. Furthermore, entrepreneurial practice had a substantial positive impact on entrepreneurial readiness. Both entrepreneurial literacy and entrepreneurial practice significantly influenced entrepreneurial readiness. Significance - Entrepreneurial practice, in particular, made the greatest contribution to entrepreneurial readiness. This readiness can lead to the formation of long-term new ventures with the help of institutional infrastructure and business management guidance.

The role of entrepreneurship education in the entrepreneurial readiness of generation Z students: why do digital business literacy and financial literacy matter?

The role of entrepreneurship education in the entrepreneurial readiness of generation Z students: why do digital business literacy and financial literacy matter?

The Influence of Problem-Solving Skills and Self-Efficacy on Entrepreneurial Readiness in Culinary Skills Program

This study examines the influence of problem-solving skills and self-efficacy on entrepreneurial readiness among participants in a culinary skills program. Given the increasing importance of entrepreneurship in the culinary industry, understanding these factors can enhance educational strategies and support aspiring culinary entrepreneurs. A quantitative research design was employed, utilizing a survey methodology to collect data from 125 culinary skill program participants. The survey measured participants' problem-solving skills, self-efficacy, and entrepreneurial readiness. Data were analyzed using multiple regression analysis to determine the relationships between these variables. The findings reveal that both problem-solving skills and self-efficacy significantly influence entrepreneurial readiness. Specifically, problem-solving skills were found to have a stronger impact, suggesting that participants who are adept at resolving challenges are more prepared for entrepreneurial ventures. Additionally, self-efficacy contributes positively to entrepreneurial readiness, indicating that confidence in one's abilities is crucial in entrepreneurial preparedness. The study concludes that enhancing problem-solving skills and self-efficacy in culinary education programs can significantly boost entrepreneurial readiness.

Kesiapan Berwirausaha Warga Binaan Lembaga Pemasyarakatan Wanita Melalui Pendidikan Kewirausahaan Dan Self-Efficacy

This research aims to examine the influence of entrepreneurship education and self-efficacy on the entrepreneurial readiness of inmates at the Martapura Class IIA Women's Penitentiary. The sample consists of 86 individuals who have undergone entrepreneurship education or training at the Martapura Class IIA Women's Penitentiary. The first hypothesis states that entrepreneurship education has a significant influence on entrepreneurial readiness, with a t-value of 5.319 > 1.666 at a significance level of 0.000 < 0.05. The second hypothesis states that self-efficacy has a significant influence on entrepreneurial readiness, with a t-value of 4.564 > 1.666 at a significance level of 0.000 < 0.05. The third hypothesis states that entrepreneurship education and self-efficacy together have a significant influence on entrepreneurial readiness, with an F-value of 41.444 > F-table 3.09 at a significance level of 0.000 < 0.05. This research indicates that entrepreneurship education and self-efficacy have a positive and significant impact on the entrepreneurial readiness of inmates at the Martapura Class IIA Women's Penitentiary

Entrepreneurial Readiness of Young Muslim Entrepreneurs: The Role of Need for Achievement, Family Support, and Entrepreneurial Interest

Entrepreneurial readiness for young entrepreneurs, especially Muslim entrepreneurs, is a challenge in the current era. Intense competition and increasing competitors are the cause of the need for entrepreneurial readiness among young Muslim entrepreneurs to compete with experienced entrepreneurs. This study aims to design and test the suitability (goodness of fit) theoretical model of the influence of the need for achievement, family support, and interest in entrepreneurship on entrepreneurial readiness supported by empirical data in the field. This study uses a quantitative approach with a sample of 106 young Muslim entrepreneurs in Yogyakarta. This research uses a purposive sampling technique in the entrepreneurial group. Sample characteristics include samples belonging to the young entrepreneur community, aged between 18-30 years, business experience of less than three years, Muslim and 106 research samples were obtained. The data were analyzed using Partial Least Squared (PLS) SmartPLS version 3.3.9. The results showed that the entrepreneurial readiness model proposed in the study was based on empirical data in the field. Partially, the need for achievement, family support, and interest in entrepreneurship have a positive and significant influence on entrepreneurial readiness. Based on the results of the analysis, it is concluded that the model is acceptable to explain the influence of the need for achievement, family support, and entrepreneurial interest on entrepreneurial readiness, which provides an effective contribution of 58.7 percent.