Entrepreneurial Motivation Research Articles

Beyond the counter: unveiling the financial informality dynamics of female entrepreneurs in Lima’s Bodega sector

PurposeThis study examines the interrelations among educational level, financial literacy, financial inclusion and informal financial business practices of female entrepreneurs in Lima, Peru, focusing on their intentions toward business formalization. Additionally, it explores the influence of legal formalization on both business formality and tendencies toward informality intentions.Design/methodology/approachThe methodology involved a self-administered survey among 118 female entrepreneurs in the small vendor “Bodega” sector, with statistical analysis conducted via partial least structural equation modeling.FindingsThe study’s outcomes validated the significant role of financial literacy and inclusion as mediators between educational level and formalization intentions. Notably, legal formalization did not significantly alter these dynamics.Research limitations/implicationsLimitations arise from the study’s explanatory power and lack of predictive capability for all dependent variables, likely due to sample specificity. Additionally, the quantitative research approach does not allow for a deeper understanding of these phenomena.Practical implicationsWe advocate reevaluating prevailing attitudes toward legal formality and informal practices, emphasizing tailored public policies for older female entrepreneurs and access to formal financing independent of legal registration. This underscores the need for enhanced educational levels for young women and coordinated efforts among institutional actors to more effectively promote formality.Originality/valueThis research contributes original insights into the emphasis on informal practices over mere legal registration, especially pertinent to female entrepreneurship. It also highlights the counterintuitive significant inverse relationship between age and formalization intentions, enriching the discourse on entrepreneurial motivation.

PENGARUH PENGETAHUAN KEWIRAUSAHA DAN MOTIVASI WIRAUSAHA TERHADAP MINAT BERWIRAUSAHA MAHASISWA UNIVERSITAS PASIFIK MOROTAI

This is study aims to determine the influence of (1). Enterpreneurial knowledge on the entrepreneurial interest of students at Morotai Pacific University, and (2). Entrepreneurial motivation on entrepreneurial interest in Morotai Pacific University students. This research is survey research. The population in this study was 50 students of Morotai Pacific University. This sampling technique was purposive sampling. Thus research used quantitative research and data ab=nalyze by using SPSS V. The results show that (1). Entrepreneurship knowledge has a positive influence on entrepreneurial interest in Morotai pacific University students by showing the regression equation y= 3,229+ 0,777 X1 calculated value of 4,367 with a significance value of 0,000 smaller than 0,05 and a regression coefficient value of 0,555, the more entrepreneurial knowledge obtained, the more entrepreneurial interest will be fostered in Morotai Pcific Universty Students. (2). Entrepreneurial Motivation has a positive influance on entrepreneurial interest in Morotai Pacific University students as shown by the regression equation y= 3, 229 + 0, 380 X2-.This can be proven by a calculated value of 4,065 with a significant value of 0,000 smaller than 0,05 and has a regression coefficient value of 0, 380. The more Entrepreneeuiral Motivation obtained, the more Entrepreneurial Interrest will grow in Morotai Pacfic University students.

The Nexus Between Digital Technology, Innovation, Entrepreneurship Education, and Entrepreneurial Intention and Entrepreneurial Motivation: A Systematic Literature Review

Entrepreneurship Education (EE) is renowned for developing students’ managerial aptitudes, skills, and ideas for self-reliance. The inclusion of digital technology and innovation in EE is necessary to enhance Entrepreneurial Intention (EI) and Entrepreneurial Motivation (EM) for technological revolution and economic development. The aim of the systematic literature review is to (i) identify the current study on digital technologies, innovation, EE, EI, and EM, (ii) highlight how digital technology and innovation shape EE to achieve EI and motivation among students, and (iii) offer new advice on the future EE in a digital era. A search strategy was instituted to ascertain the required publications from Scopus, Web of Science, DOAJ, IEEE, ProQuest, SAGE Journals, Taylor & Francis, and Wiley. The publications were between 2010 and 2024, with no language restrictions. Out of the 108 identified publications from the search, 69 publications representing 54 separate papers were used in the review. Digital transformation in EE requires significant studies to determine its role in economic development and job creation. This review identified several themes in the publications, such as innovation, motivation, skills development, digital technology, EE’s impact, and factors of EE. The sustainability and future expectations of EE through digital technology and innovation are highlighted in the review. The study identified several findings, such as factors depriving EE, such as experience, investment, teachers, infrastructure, technology, market size, government, competition, culture, and funds. Further findings are a strategic vision of EE through policies to embrace innovation and digital technology practices and to achieve EM and EI. Also, the selected papers for the review are current publications at 61.1%, the quantitative method at 42.3% and journal articles at 88.9%. It is prudent to review EE’s appropriateness in a digital and innovative environment and to identify the impact on EM and EI among students.

Revisiting the linkage between entrepreneurial intention and behavior in a mediated model: Evidence from Vietnamese logistics industry students

Young entrepreneurs are crucial participants in a country’s entrepreneurial ecosystem. This study analyzes the effects of entrepreneurial motivation and perceived university support on the entrepreneurial intention and behavior of Vietnamese students. A survey was conducted with 831 students who are studying logistics and supply chain management programs. Smart PLS and the Sobel test were utilized to validate the proposed hypotheses. The results indicate that financial motivation has a positive impact on student’s entrepreneurial intention and entrepreneurial behavior. Conversely, the desire for autonomy motivation has a direct negative impact on entrepreneurial behavior. Furthermore, perceived university support exerts a strong direct influence on student’s entrepreneurial intention and entrepreneurial behavior. Notably, entrepreneurial intention partially mediates the relationship between entrepreneurial motivation and entrepreneurial behavior and the relationship between perceived university support and entrepreneurial behavior. The research implications suggest that policymakers should prioritize assessing students’ entrepreneurial motivations before implementing entrepreneurship training programs. Additionally, universities should provide appropriate entrepreneurial support to students throughout their entrepreneurial behavior and their entrepreneurial careers. AcknowledgmentThis research is funded by the International School, Vietnam National University, Hanoi (VNU-IS) under project number CS.2023-12.

Feasibility of Biopreneurship Project-Based Science Module for Students in the Bagek Kembar Ecotourism Area

The biopreneurship project-based science module is teaching material designed to combine biological concepts with entrepreneurship through project-based learning. This research aims to develop a biopreneurship-based science module valid for increasing students' scientific literacy, entrepreneurial motivation, and environmental literacy in the Bagek Kembar Ecotourism Area. This research is development research using the ADDIE model, namely Analyze, Design, Development, Implementation, and Evaluation. The development and validation stages of the module were carried out at the University of Mataram and SMA Negeri 1 Sekotong. The research instrument was a validation questionnaire given to science experts and teachers. The validity of the Science Module is based on the Aiken V Index. The results of the biopreneurship project-based science module validity show that the Aiken V Index for the size and appearance of the module cover, module design, module content, and language used are 0.95, 0.95, 0.93, and 0.94, respectively. Included in the valid category. This research concludes that the biopreneurship project-based science module is suitable for use in schools to increase students' scientific literacy, entrepreneurial motivation, and environmental literacy in Bagek Kembar ecotourism.

THE INFLUENCE OF ENTREPRENEURIAL MOTIVATION AND FAMILY ENVIRONMENT ON INTEREST IN ENTREPRENEURSHIP IN UNPAM ACCOUNTING STUDY PROGRAM STUDENTS

The main goal of this study is to investigate how entrepreneurial motivation and family environment impact the enthusiasm for entrepreneurship among students in the Unpam Accounting program. For this investigation, the Lemeshow formula was utilised, resulting in a sample size of 100 participants with a margin of error of 10%. The primary data for this study was gathered through surveys. The data was then analysed using SPSS version 26 software. The findings revealed that: 1) The individual effect of entrepreneurial motivation (X1) on the interest in entrepreneurship (Y) for Unpam Accounting students was positive and significant; 2) The individual impact of family environment (X2) on interest in entrepreneurship (Y) for Unpam Accounting students was also positive and significant; 3) Both entrepreneurial motivation (X1) and family environment (X2) together had a positive and significant impact on interest in entrepreneurship (Y) for Unpam Accounting students; and 4) The combined influence of entrepreneurial motivation (X1) and family environment (X2) on interest in entrepreneurship (Y) among Unpam Accounting students was 54%, leaving 46% potentially affected by external factors not explored in this study.

Strengthening Entrepreneurship and Financial Reporting Training for The Bali Pande Keris Craftsmen Group Tapakkarya in Denpasar

For Balinese people, traditional weapons such as keris are considered to have high spiritual value, so it is not surprising that the Balinese people themselves greatly glorify these traditional weapons. Keris is considered a symbol of resistance against evil spirits. Keris is also commonly used as a complementary weapon for Hindu religious ceremonies. One of the keris SMEs targeted by the Community Partnership Empowerment activity is the Bali Tapa Karya Pande Keris Craftsmen Group. The location of this PKM Partner is on Jalan Ratna Gang Pacar Denpasar. Based on the results of observations and interviews, the problems faced by partners are low knowledge of the concept of entrepreneurship, lack of understanding of managerial aspects, especially simple bookkeeping techniques for SME actors. Lack of basic entrepreneurship education and training for SME actors and assistance in calculating the cost of finished products. There are three activities carried out in Community Partnership Empowerment, namely providing counseling and training in bookkeeping, mentoring and direct practice regarding the process of calculating production costs, education regarding the importance of management in business and literacy of basic entrepreneurial concepts. The results of the program implementation show that after mentoring and socialization activities, partners are able to make financial records more structured, thereby reducing errors during the financial recording process and being able to calculate the cost of products, can improve business management to be effective and efficient, and increase entrepreneurial motivation.

Development Of Student Entrepreneurship Skills Through The Independent Entrepreneurship Program At Gadjah Mada University 2023

Entrepreneurship plays an important role in driving economic growth and creating new jobs. Therefore, the development of entrepreneurial skills among students is very important. This study aims to analyze the development of student entrepreneurship skills through the Wirausaha Merdeka program at Universitas Gadjah Mada (UGM) in 2023. The Wirausaha Merdeka program is a national program that aims to create resilient and financially independent young entrepreneurs. This research uses a qualitative approach method. Data were collected through observation and in-depth interviews with students participating in the Wirausaha Merdeka program at UGM. The results showed that this program has successfully developed various entrepreneurial skills of students, such as managerial, marketing, financial, leadership, and communication skills. Through a series of training, mentoring, and hands-on practice in building a business, students can apply the knowledge gained in real terms. The positive impact of this program can be seen from the increase in students' interest and motivation for entrepreneurship, as well as the emergence of new innovative business ideas. However, there are also challenges such as lack of initial capital and difficulties in reaching a wider market. This research contributes to providing insight into the role of the Wirausaha Merdeka program in developing students' entrepreneurial skills and provides recommendations for future program improvements.

Too Legit to Quit: Developing Cognitive Legitimacy by Reconceptualizing Failed Product Pitches

Establishing legitimacy is a key goal for new ventures. Entrepreneurs can establish legitimacy for their new ventures by attracting financial backing from investors and using those funds to build value into ventures. The professional communication-focused behavior of delivering an entrepreneurial pitch to potential resource providers represents one of the most important behaviors entrepreneurs engage in while developing a sustainable venture. Effective professional communication skills are essential not only to the development of entrepreneurs but also to those management and finance students destined to enter professional environments requiring interaction with entrepreneurs and start-up ventures. We present an assignment introducing management students to the concept of entrepreneurial pitch as a tool necessary for identifying and implementing legitimacy, framing, and entrepreneurial motivations. The pitching-failed-product-ideas assignment allows students to begin building skills necessary to communicate legitimacy of an organization to an audience of stakeholders and utilize entrepreneurial motivations of enthusiasm, preparedness, and commitment.

The Effect of Project Based Learning in Realizing Performing Arts on Entrepreneurial Motivation in Art Learning in Vocational School Students

The competence that must be possessed by Vocational School (VS) students is to be able to find business opportunities independently. Related to the subjects of art and culture, it is hoped that VS students have the motivation that can be carried out by the presence of performing arts in the form of performances that can be used as opportunities for entrepreneurship. Thus, VS students must have entrepreneurial motivation to have business opportunities in the arts and culture sector. One of the learning strategies that can be used is to use PBL. PBL can increase students' learning motivation and also facilitate students' problem-solving abilities. This study aimed to determine how the implementation of PBL in realizing performances and the influence of PBL on entrepreneurial motivation in art learning for VS students. The research method uses an experimental research method with a one-group pretest-posttest design. Participants in this study were 37 students in one of the VS in the Indramayu district, and the study was conducted using a systematic sampling technique. The research instrument used an entrepreneurial motivation questionnaire. Data analysis techniques using statistical descriptions and Paired-Sample T-Test. This study concludes that PBL affects VS students' entrepreneurial motivation in art learning. PBL can motivate students to reflect on what they learn in an actual project and provide opportunities for students to think and be creative when realizing a project in the arts and culture. Students can understand that in the performance, various job descriptions can be used for business opportunities or jobs in arts and culture to conduct further research with more participants so that the results of this study can be more generalized.

Improving community vitality: spiritually informed entrepreneurial actions

Purpose The purpose of this paper is to depict how entrepreneurs improve community vitality in the economic, social and environmental dimensions. The paper joins the conversation of business spirituality as the study participants were Sri Lankan Buddhist entrepreneurs from the emerging venture context (i.e. from enterprises which are less than 1–10 years old). The aim of the paper is to introduce spiritually informed entrepreneurial actions, thus contributing to a better understanding of entrepreneurial impact on communities. Design/methodology/approach The paper involves a qualitative, interpretivist research design. Data was collected by conducting 28 semi-structured interviews with 18 Sri Lankan Buddhist entrepreneurs. Research participants were selected from diverse business sectors. The research applied inductive thematic analysis for structuring and interpreting data. Findings For Sri Lankan Buddhist entrepreneurs, improving community vitality is an essential altruistic goal of their business agenda. During the operations of their ventures, this altruistic goal is translated into altruistic actions that improve the economic, social and environmental vitalities of communities. Research findings highlight that in the case of Sri Lankan Buddhist entrepreneurs, altruistic actions are informed by compassion, which is a fundamental value in the Buddhist religion. Drawing on the findings, an integrated model of community vitality, which describes the role of compassion and the mechanisms of entrepreneurial actions in a Buddhist setting was developed inductively. Originality/value Studying entrepreneurial actions to focus on the motivations behind improving community vitality is a new research topic. The paper provides valuable knowledge on business spirituality regarding the compassionate motivations of Buddhist entrepreneurs. The integrated model of community vitality, which describes the mechanisms of entrepreneurial actions to improve community vitality in a Buddhist setting could be an essential compass not only to entrepreneurs but also research scholars in the field of business spirituality.

HOW TO IMPROVE THE ENTREPRENEURIAL MOTIVATION THROUGH ENTREPRENEURIAL INTENTION, ATTITUDES, AND ENVIRONMENTAL ASPECTS

Students who enter the world of entrepreneurship show extraordinary enthusiasm and initiative in developing their own businesses. They do not only focus on academic studies, but also actively seek opportunities and are ready to take risks to build independent businesses. The focus of this study is to understand how entrepreneurial motivation among students can be improved through entrepreneurial intentions, attitudes, and environmental factors. Data were collected through questionnaires, with convenience sampling techniques, and analyzed using Multiple Regression in the SPSS program. A total of 84 respondents were involved in this study. The results show that Entrepreneurial Intention and Attitude has a positive influence on entrepreneurial motivation. However, the results of other hypothesis tests revealed that Knowledge of Available Entrepreneurial Support and Perceived Barriers to Starting a Business did not affect entrepreneurial motivation. Overall, this study emphasizes the importance of strengthening entrepreneurial intentions as a key factor in encouraging entrepreneurial motivation among students.

Sustainable entrepreneurship: examining stimulus-organism-response to the nexus of environment, education and motivation

PurposeThe multidimensional decision-making framework of sustainable entrepreneurship affects student behavior in higher education institutions. Thus, the sustainable entrepreneurship environment has long attracted scholars and policymakers. Based on “Stimulus Organism Response (SOR),” this study examines serial mediation of sustainable entrepreneurial education and entrepreneurial motivation to link sustainable entrepreneurial environment and intentions. Further, it also explored the moderating role of a sustainable entrepreneurial environment.Design/methodology/approachA quantitative study was conducted with a sample of 408 students of Indian higher education institutes in NCR using a purposive sampling technique. Smart PLS-SEM was utilized for assessing the structural model, and a goodness-of-fit assessment was done with Amos 22.FindingsThe findings revealed the significant impact of a sustainable entrepreneurial environment on sustainable entrepreneurial education, motivation and sustainable entrepreneurial intentions. Furthermore, sustained entrepreneurial education has the most important influence on student motivation and considerable serial mediation. Also, the moderating role of a sustainable entrepreneurial environment was found to be significant for linkages of entrepreneurial motivation and sustainable entrepreneurial education with sustainable entrepreneurial intentions.Practical implicationsThe study will assist HEIs and scholars in understanding the role of sustainability in entrepreneurial courses to increase student intentions to start sustainable businesses.Social implicationsThis study helps policymakers and HEIs understand what motivates students to pursue sustainable entrepreneurship. This research might improve the well-being of education stakeholders and the community in achieving sustainable development goals.Originality/valueThe study is the first to analyze how sustainable entrepreneurial education and motivation serially mediate the link between a sustainable entrepreneurial environment and aspirations to establish a sustainable business and contribute to the existing literature of SOR from a new perspective.

The Effect of Technopreneur Education and Entrepreneurship Motivation on Entrepreneurial Interest with Self Efficacy as an Intervening Variable

This research aims to determine the influence of technopreneur education and entrepreneurial motivation on interest in entrepreneurship with self-efficacy as an intervening variable. This research uses a quantitative approach. The population in this study were 137 students from the Bina Karya Tebing Tinggi School of Economics who took part in technopreneur education. Sampling used purposive sampling. The results of this research show that technopreneur education has a positive effect on interest in entrepreneurship, entrepreneurial motivation has a positive effect on interest in entrepreneurship, Technopreneur education has a positive effect on self-efficacy, entrepreneurial motivation has a positive effect on self-efficacy, self-efficacy has a positive effect on interest in entrepreneurship, self-efficacy has a positive and significant effect in mediating the effect of technopreneur education on interest in entrepreneurship, Self-efficacy has a positive and significant effect on entrepreneurial motivation on entrepreneurial interest

Implicit motivations of entrepreneurial philanthropists: a historical organization studies analysis of Andrew Carnegie

Purpose The purpose of this paper is to understand the implicit motivations of entrepreneurial philanthropists during different stages of their lives. Design/methodology/approach The authors follow a Historical Organization Studies approach by performing a psychobiographical analysis using McClelland’s Thematic Apperception Test on the autobiography of Andrew Carnegie across different stages of his life while considering the historical context. Findings The configuration of the implicit motivations of entrepreneurial philanthropists change with achievement motivation decreasing and power motivation increasing over time explaining the shift of focus from self to others. Originality/value While researchers have been theorizing and using interviews to uncover shifts in entrepreneurial motivations, this is the first paper to longitudinally uncover implicit motivations to explain why successful entrepreneurs give back later in life.

PENGARUH PENGETAHUAN KEWIRAUSAHAAN DAN MOTIVASI BERWIRAUSAHA TERHADAP MINAT BERWIRAUSAHA REMAJA DI BANJAR JELEKA DESA BATUAN KECAMATAN SUKAWATI

Jele Kabanja, Batuan Village, Sukawati District In an effort to increase interest in entrepreneurship among the younger generation, there are concerns and problems faced related to knowledge and motivation for entrepreneurship. The aim of the research is: To find out whether there is a simultaneous, partial, positive and significant influence between entrepreneurial knowledge and entrepreneurial motivation on teenagers' entrepreneurial interest in Banjar Jeleka, Batuan Village, Sukawati District. The number of samples determined using the saturated sample method was 87 people. Data analysis uses classical hypothesis testing, multiple linear regression analysis, analysis of the coefficient of determination, statistical analysis of the F test (F test), and statistical analysis of the t test (t test). Results show that entrepreneurial knowledge and entrepreneurial motivation simultaneously or partially have a significant positive influence on the entrepreneurial interest of the younger generation in Banjar Jeleka, Batuan Village, Sukawati District

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.

Control freaks or good parents? Entrepreneurial motivation and firms’ innovative performance

Control freaks or good parents? Entrepreneurial motivation and firms’ innovative performance

ECONOMIC ACTIVITY OF THE UKRAINIAN PEOPLE AS A CONTINUOUS PROCESS OF DEVELOPMENT OF ENTREPRENEURIAL COMPETENCE IN THE HISTORICAL AND PEDAGOGICAL CONTEXT

In the scientific research the analysis of the economic activity of Ukrainians and their motivation for entrepreneurial activity in the historical and pedagogical contexts has been conducted. The authors have identified the factors influencing the formation of entrepreneurial initiative of modern Ukrainians, determined the reasons for their demotivation in engaging in entrepreneurship, highlighted the historical factor, which has a significant impact on the economic behavior, motivation, and self-motivation of Ukrainians. The article emphasizes the importance of incorporating an economic component into the training programs of future professional (vocational) education teachers, the necessity of developing their entrepreneurial competence, the need to enhance motivation and self-motivation for entrepreneurship.The study concludes that the entrepreneurial activity of the Ukrainians represents a continuous process of developing entrepreneurial competence. The authors propose considering the historical factor when designing national strategic programs, both during the current wartime period and in the post-war recovery phase for maintaining business activity within small and medium-sized enterprises. They substantiate the need to include an economic component and implement a motivation system in the training programs for future professional education teachers, who initially serve as recipients and later as providers of educational services. The necessity of integrating a motivation system and entrepreneurial practice into these programs has also been demonstrated for fostering the development of entrepreneurial competence, increasing motivation and self-motivation for entrepreneurship, enabling these future teachers to implement entrepreneurial competence in their subsequent work.

A cross-cultural study of entrepreneurial motivation and entrepreneurial intentions amongst university students: the roles of individualism and collectivism

A cross-cultural study of entrepreneurial motivation and entrepreneurial intentions amongst university students: the roles of individualism and collectivism