Potential Entrepreneurs Research Articles

Effect of cognitive behavior-aided counseling on entrepreneurial self-efficacy of students of home economics education in South-East Nigeria.

Raising potential entrepreneurs to advance the economy of nations through education has been projected by scholars. On the contrary, Nigerian students lack the enthusiasm and internal force to pursue the aims enshrined in their courses of study. Rather they prefer white-cola jobs to the entrepreneurial intention of the institutions. Given this reason, we tested the effect of cognitive behavior-aided counseling on entrepreneurial self-efficacy of students of Home Economics in South-East Nigeria. This is a pretest and posttest with a follow-up group randomized control design. A total of 119 Home Economics Education students from Universities and Colleges of Education were measured and screened using an entrepreneurial self-efficacy scale and inclusion criteria. Data collected from the pretest, post-test, and follow-up test were statistically analyzed using repeated measures of Analysis of Variance statistical method. The effect size of the cognitive behavior-aided counseling intervention on entrepreneurial self-efficacy was reported using partial eta square. The follow-up data was tested using a Univariate analysis. The result showed that cognitive behavior-aided counseling intervention had a significant effect on entrepreneurial self-efficacy among the Universities and Colleges of Education in South-East Nigeria. A follow-up result also showed that intervention had a significant effect on participants' entrepreneurial self-efficacy.

Religious Organizations Development through Social Entrepreneurship Activity: Opportunities and Challenges from Stakeholders' Perspective

Social entrepreneurship is an innovative approach to addressing diverse social issues across various sectors. However, its recognition within religious organizations remains limited. Social entrepreneurship offers significant prospects for enhancing community well-being while tackling prevalent social challenges. Nevertheless, substantial hurdles emerge, particularly in engaging stakeholders who are pivotal in executing social entrepreneurship initiatives within religious organizations. This research was conducted within GMIM Lembean Kora-kora region, where a religious organization is situated in North Sulawesi, Indonesia. The organization has involved its congregation in implementing social entrepreneurship programs, primarily in agriculture and culinary ventures. The study identifies opportunities and challenges in social entrepreneurship within religious organizations. Additionally, it explores the implementation of social entrepreneurship in the context of congregational development, with a specific emphasis on the role of stakeholders in driving these initiatives. The findings demonstrate that religious organizations can harness social entrepreneurship's potential and surmount its challenges. This research introduces a model of social entrepreneurship better suited for religious organizations, particularly in their profound understanding of community opportunities and challenges.

Entrepreneurship Development in Islamic Boarding School Through Tabulampot Cultivation

Indonesia is still trying to reduce poverty. One alternative to reducing poverty is through entrepreneurship. Therefore, entrepreneurial education is considered necessary to be introduced early. Tabulampot (Tanaman Buah Dalam Pot) is a technique for cultivating plants in containers, which can be in the form of pots or barrels, it can be an alternative for farming on limited land. This is considered to be an entrepreneurial potential that can encourage the economy of village communities. Entrepreneurship development is carried out at the Al-Munawar Islamic Boarding School, Garut, West Java by involving the pesantren administrators, students, and the community around the Islamic boarding school. The method used in entrepreneurship development is direct assistance by tabulampot practitioners and the provision of entrepreneurship. Based on the geographical characteristics of Islamic boarding schools, the plants that will be cultivated are mango, orange, and guava plants. Tabulampot cultivation has two main results, first the tabulampot harvest, which can be consumed by students and residents around the Islamic boarding school. The main reson is that the results of tabulampot cultivation can be reproduced and traded, which can then be sold and generate profits to advance the Islamic boarding school’s economy. This can encourage Islamic boarding school independence in the economic aspect. Keywords: entrepreneurship, Islamic boarding school, Tabulampot

Effect of Social-Cultural Values on the Growth of Indigenous Entrepreneurship in Nasarawa State, Nigeria

The aim of this paper is to explore the socio-cultural factors that influence the growth of Indigenous entrepreneurial activities in Nasarawa State, Nigeria. The research was conducted on a sample of 400 potential entrepreneurs, and data were collected using a structured questionnaire. Respondents were asked questions to assess their perception of the main factors influencing the growth of entrepreneurial activities. Using an analytical descriptive statistical methodology, the data were processed. Table, Percentages, frequencies and chi squares tests were used to analyze the data. The study revealed that many businesses that were operating in the state in the past have either collapsed or operating at meagre levels and many of those entrepreneurs with businesses of their own, are nonindigents. The result shows that the major factors that affect entrepreneurial growth in Nasarawa State are nepotism, profligacy and discouragement. Given the largest proportion of nonindigenous entrepreneurs operating in the state business sector, the paper made some recommendations that can improve indigenous entrepreneurship in the state.

Capitals and Self-Efficacy: Catalysts for Entrepreneurial Intention of Potential Entrepreneur

Capitals and Self-Efficacy: Catalysts for Entrepreneurial Intention of Potential Entrepreneur

The Trajectory of External Enablers and the Reasoning Behind Perceived Entrepreneurial Potential

The Trajectory of External Enablers and the Reasoning Behind Perceived Entrepreneurial Potential

Sosialisasi Kewirausahaan pada UMKM Ecoprint KWT Pandan Arum Kjang untuk Meningkatkan Usaha Ekonomi Kreatif di Kelurahan Pajang

Ecoprint KWT Pandan Arum 48 Kjang is one of the entrepreneurial potentials that exists in Kelurahan Pajang. This effort was created at the same time as the Climate Village Race (PROKLIM). But the awareness of this effort and the marketing strategy used is still not optimal, because only through mouth-to-mouth and WhatsApp. Therefore, we strive to provide understanding related to product innovation, waste treatment, as well as the use of digital technology in the world of business, that is, digital marketing. The purpose of the submission is to improve skills, learn how to manage waste properly, and reach a broader market for the entrepreneur Ecoprint KWT Pandan Arum 48 Kjang. We realize these activities through the socialization of entrepreneurship. Thus, through this socialization, it is expected to increase competitiveness, expand the reach of the market, and make Ecoprint KWT Pandan Arum Pajang a sustainable business.

Pendampingan Komunitas Laskar Belajar Omah Harsa untuk Meningkatkan Motivasi dan Minat Belajar, Potensi Enterpreneurship, dan Pola Hidup Sehat

The situation analysis shows that the motivation and interest in learning of Laskar Belajar Community Omah Harsa students is lacking, the students' entrepreneurial potential has not been developed, and the students' healthy lifestyle needs to be cultivated. Based on the agreement between the service team and partners, the Omah Harsa Community Learning Team's mentoring activities aim to increase students' motivation and interest in learning, entrepreneurship potential, and healthy lifestyles. The method of implementing service consists of observation, planning, implementation, and evaluation of activities. The place for service activities is the Omah Harsa Community Learning Army, Tanjungrejo Village, Sukun District, Malang City. The results of service activities show that student's motivation and interest in learning have increased by 71%, students' entrepreneurial potential has increased by 90%, and students' healthy lifestyles has increased by 85%. This service activity concludes that the service activity has a positive impact on the students of Laskar Belajar Community Omah Harsa in increasing motivation and interest in learning, entrepreneurial potential, and a healthy lifestyle.

The Relationship between Entrepreneurship and Sustainable Development in Saudi Arabia: A Comprehensive Perspective

This study examines the relationship between entrepreneurship and sustainable development in Saudi Arabia from 2006 to 2022, focusing on the economic, social, and environmental dimensions. Using the autoregressive distributed lag (ARDL) model, the research investigates both short-run and long-run dynamics to understand how entrepreneurial activities influence sustainable development within the framework of Saudi Arabia’s Vision 2030 initiative. The findings indicate that entrepreneurship significantly contributes to economic growth through job creation and innovation, thereby aiding in the diversification of the economy away from oil dependency. Socially, entrepreneurial initiatives have a positive impact on gender equality and social inclusion by empowering women and integrating youth into the labor market. Environmentally, entrepreneurship helps reduce carbon emissions and promotes sustainable business practices. Despite these positive outcomes, challenges such as regulatory barriers, limited access to finance, and the need for a supportive entrepreneurial ecosystem remain. Recommendations include enhancing entrepreneurial education, providing financial incentives, and streamlining regulatory processes to better support start-ups and SMEs. This study highlights the necessity of addressing these challenges to fully realize the potential of entrepreneurship for sustainable development in Saudi Arabia. By providing empirical evidence on the significant role of entrepreneurship in driving sustainable development, this research offers actionable insights for policymakers aiming to foster a more resilient and diversified economy in line with Vision 2030.

Does Innovative Behavior Condition The Impact Of Structural Empowerment On Entrepreneurial Success?

This study aims to close the gap of previous research related to the impact of structural empowerment on business success. Apart from the research gap, this research departs from the phenomenon of the large entrepreneurial potential of women in Indonesia which can be supported by empowerment programs. To close the research gap, innovative behavior is used as a mediating variable between the influence of structural empowerment and business success. Data was collected via Google form on 96 women entrepreneurs. The sample is determined through purposive sampling. The analysis tool used is SEM with the Wrap PLS 8.0 program. The research results show that both structural empowerment and innovative behavior influence business success, and innovative behavior has succeeded as a mediating variable in this research.

Exploring the Growth Path of Trans-regional and Crosscultural Entrepreneurship in China under the Background of Global Communication

This article explores the role of global communication in shaping entrepreneurship in China, examining its influence on business activities across various cultural and regional contexts. It highlights key insights from current literature, emphasizing the enhancement of education and training through global platforms, and the essential roles of psychological and social capital in entrepreneurial success. Additionally, it discusses the economic and environmental benefits of sustainability initiatives, particularly regional strategies like those in the Yangtze River Economic Belt, which promote inclusive growth. However, challenges like financial constraints and educational disparities hinder full entrepreneurial potential. The article advocates for further empirical research to address these challenges and improve policies for crosscultural entrepreneurship.

Unleashing entrepreneurial potential: venture creation and self-directed experiential learning on social media amongst secondary school-aged business owners

PurposeThis research paper aims to explore how secondary school-aged business owners utilise social media to engage in informal learning. The authors make use of the concept of a self-directed experiential learning cycle to empirically explore adolescents’ entrepreneurial learning processes without formal guidance or curriculum.Design/methodology/approachThe study adopts a one-on-one interview approach with a critical incident technique in interviewing to examine the experiences of 10 Grade 9–11 business owners who run social media-based businesses on Instagram.FindingsThe results demonstrate that student business owners were able to capitalise on social media for venture creation and informal learning. They effectively engaged in experiential learning cycles with active help-seeking and mentorship in response to challenges in their business journey. A variety of resources within social media, their social circle and the internet were employed by students, highlighting the role the self-directed element plays in their experiential learning process.Practical implicationsThe research urges institutions to recognise the potential of informal learning on social media and offer more support to strengthen students’ learning.Originality/valueThis research represents the first exploratory study on the potential of school-age teens’ self-initiated informal entrepreneurial learning while testifying the theory of the self-directed experiential learning cycle in the context of social media businesses. The study offers novel insights into the fields of students’ informal learning, entrepreneurial learning and social media learning.

Development of entrepreneurial identity among young people: analysis of the effectiveness of an educational program on entrepreneurial potential

PurposeThe efficiency of an educational program on entrepreneurial competence, Training the Potential Entrepreneur. Generation of an Educational Model for Entrepreneurial Identify (PEIEO) is evaluated in this study.Design/methodology/approachPre and post intervention tests were administered to an Experimental Group (EG) and a Control Group (CG). Moreover, four hypotheses are proposed (H1, H2, H3, H4) and tested on a sample of 1036 Spanish students. The following instruments were applied: Attitude Towards Entrepreneurship-Spanish adaption; Measurement Scale of Personal Initiative in Educational Settings and Scale of General Self-Efficacy. ANCOVA and the Student's t-test were applied to the results.FindingsThe results show that training in entrepreneurial identity increases the entrepreneurial potential of young people (H1). A notable increase in proactivity and being a self-starter was observed with regard to personal initiative within the EG, and for self-efficacy (H3) both of which were predictors of entrepreneurial identity. Gender was likewise a predictor (H4).Practical implicationsYoung people attending the PElEO training program in entrepreneurial potential increased their levels of entrepreneurial identity, thereby confirming the effectiveness of the program.Originality/valueThe program (PEIEO) is based on the development of entrepreneurial potential, a dimension that generates entrepreneurial identity (creativity, leadership, achievement and personal control).

Analisis Potensi Kewirausahaan Mahasiswa Universitas Batanghari

By employing descriptive analysis and questionnaires distributed to all Batanghari University students, this study seeks to ascertain the entrepreneurial potential analysis of the student body. As part of the entrepreneurship education plan in higher education, the Entrepreneurial Student Program (PMW) was created to promote an entrepreneurial spirit and encourage entrepreneurial activity so that college graduates become more job creators. On the other hand, it is uncommon to discover a graduate who wishes to launch his business as soon as he graduates from college. The failure of this endeavor is said to have resulted from a lack of seriousness in attempting and appreciating pupils' potential. Six criteria can be used to evaluate a student's entrepreneurial potential: personality, self-control, creativity, drive or desire, risk-taking daring, and self-assurance. Recognizing a student's potential might, in some ways, give insight into how much they believe they still need to study in order to become even better. Gaining awareness of your entire being, including your advantages and shortcomings, is what it means to know oneself. These insights might prove invaluable in your entrepreneurial endeavors.

Impacts of the COVID-19 Pandemic on Small Businesses, Rural Producer Enterprises and Potential Entrepreneurs in the Ribeirão Preto Region, Brazil

Impacts of the COVID-19 Pandemic on Small Businesses, Rural Producer Enterprises and Potential Entrepreneurs in the Ribeirão Preto Region, Brazil

The catalytic role of self-regulation in the association of proactive personality with entrepreneurial intention among potential entrepreneurs

The catalytic role of self-regulation in the association of proactive personality with entrepreneurial intention among potential entrepreneurs

I-FinTech Adoption Mediation on the Financial Literacy Elements and Sustainable Entrepreneurship among Bumiputera MSMEs in Malaysia

The term “i-FinTech” refers to businesses or entrepreneurs that integrate modern, Shariah-compliant technologies with financial services. Nevertheless, MSMEs are typically having lack internal knowledge or poor management, incompetent entrepreneurs, and limited financial resources. The purpose of this research is to analyse if financial literacy elements affect i-FinTech adoption and, in turn, promote sustainable entrepreneurship among Bumiputera SMEs in Selangor, Malaysia. A convenience sample strategy was used to disseminate 1,394 surveys to the Bumiputera entrepreneurs, utilizing a quantitative approach. PLS-SEM and mediation analysis are used to analyse the data. The findings indicate that financial literacy and digital financial literacy have a favorable and significant impact on the adoption of i-Fintech. On the other hand, the adoption of i-Fintech is adversely affected by financial management behavior. Furthermore, this study shows that the relationship between financial literacy and digital financial literacy towards sustainable entrepreneurship is mediated in a complimentary way by the adoption of i-FinTech. This result indicates that Bumiputera business owners that are financially and digitally literate are more likely to use i-FinTech and ultimately make a substantial contribution to sustainable entrepreneurship. The results should improve knowledge of the dynamics between the potential of i-FinTech and sustainable entrepreneurship for researchers, regulators, entrepreneurs, and i-FinTech service providers. It is advised that MSMEs keep using i-FinTech to support their operations in order to minimise the effects of a downturn in the market and maintain seamless operations.

Decoding Entrepreneurial Minds: Key Factors Influencing Entrepreneurial Decisions of University Students. A Case Study at a Colombian University

This article examines the characteristics of entrepreneurial university students in Colombia and the determining factors for initiating a business. A systematic literature review and a survey of 491 students from a Colombian university were conducted, utilizing the Random Forest algorithm for analysis. The findings highlight that education, life experiences, socioeconomic factors, and psychological aspects impact the decision to undertake entrepreneurial endeavors. Women predominate among entrepreneurs, and motivation, recognition of competencies, and risk aversion are crucial. It is suggested to allocate resources to motivate students with entrepreneurial potential, focusing on those in the fifth and seventh semesters, aged 20 to 39, and exhibiting leadership traits. The research underscores the importance of educational programs and awareness initiatives to enhance the entrepreneurial ecosystem, fostering successful entrepreneurship among university students in developing countries. This study contributes valuable information for the formulation of effective strategies in educational institutions and comprehends the factors influencing entrepreneurial intentions.

Unlocking Entrepreneurial Potential

Unlocking Entrepreneurial Potential

Methods of constructing integral indicators for assessing entrepreneurial potential of the rural population

Purpose - methods of analyzing quantitative and qualitative indicators of the research results on entrepreneurial potential in rural areas, formation of methodological tools for integral assessment of the state of business activity in the regions of Kazakhstan are considered. Methods - statistical, ranking, rating system - reveal the main factors affecting the business initiative of entrepreneurs, contribute to the determination of indices of entrepreneurial activity, which makes it possible to achieve specific objective decisions. Results - it is shown that these regulatory materials comprehensively assess the state of small and medium-sized agribusiness in the republic and can be used in the development and adjustment of government programs, national projects, and further scientific research, taking into account trends in innovation and environmental friendliness of agro-industrial production. Conclusions - development of entrepreneurship in agricultural sector determines economic and social situation, creates favorable conditions for production of competitive agricultural products and food. Small and medium-sized businesses are able to raise the status of social sustainability of the village and support diversification. Effective measures are needed to effectively manage business risks. The necessity of forming optimal parameters when monitoring business processes at enterprises is substantiated as a basis for solving such problem as identifying their potential resource capabilities and using them in the future. The purpose of this approach is to timely identify “critical points” and apply modern methods to improve the efficiency of small agricultural businesses. The proposed methodology is especially important in the field of strategic planning and forecasting, for the implementation of results-oriented management procedures, program-target budgeting when implementing large innovative projects in the regions.