Indonesian Journal of Economics and Management
Vol 4 No 3 (2024): Indonesian Journal of Economics and Management (July 2024)

Drivers of Entrepreneurial Intent: The Roles of Motivation, Knowledge, Income Expectations, and Self-Efficacy

Nasution, Ade Iskandar (Unknown)
Halim, Asep Abdul (Unknown)
Nur'aeni, Nur'aeni (Unknown)



Article Info

Publish Date
31 Jul 2024

Abstract

This study analyzes the influence of entrepreneurial motivation, entrepreneurial knowledge, income expectations, and self-efficacy on entrepreneurial interest. A quantitative method was employed, with a questionnaire distributed to 141 respondents, and the data were analyzed using measurement models and path analysis. The results indicate that entrepreneurial motivation (coefficient 0.051; t-statistic 0.654) and entrepreneurial knowledge (coefficient 0.097; t-statistic 0.417) are not significant predictors of entrepreneurial interest. In contrast, income expectations (coefficient 0.268; t-statistic 0.009) and self-efficacy (coefficient 0.197; t-statistic 0.020) have significant effects. These findings underscore the importance of economic and psychological factors in fostering entrepreneurial interest. Effective training and education programs are necessary to enhance understanding of financial benefits and to build confidence and entrepreneurial skills.

Copyrights © 2024






Journal Info

Abbrev

ijem

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

Indonesian Journal of Economics and Management (IJEM) is a journal published by the Accounting Department of Politeknik Negeri Bandung, Indonesia. IJEM (Online ISSN: 2747-0695) published thrice a year (March, July, and November). The journal invites scholars, practitioners, and researchers to submit ...