Inkubis: Jurnal Ekonomi dan Bisnis
Vol. 8 No. 1 (2026): INKUBIS Jurnal Ekonomi Dan Bisnis

Do Self-Efficacy, Self-Regulation, and Business Capital Influence Generation Z Students' Entrepreneurial Interest in Fashion Sector? An exploratory study in Batam City

Shinta Wahyu Hati (Politeknik Negeri Batam)
Esty Rahayu (Politeknik Negeri Batam)



Article Info

Publish Date
15 May 2026

Abstract

Background: Entrepreneurial interest among Generation Z is shaped by multiple individual and contextual factors. In Indonesia, MSMEs contribute 60.5% of GDP, making youth entrepreneurship—particularly in high-growth sectors such as fashion—a national policy priority. However, the relative importance of psychological and resource-based determinants remains empirically underexplored among Generation Z students in Batam City. Objective: This exploratory study examines the direct influence of self-efficacy, self-regulation, and business capital on entrepreneurial interest in the fashion sector among Generation Z students in Batam, Indonesia. Methods: A purposive sampling approach was applied to 396 students drawn from a population of 36,279 at nine universities in Batam, using the Yamane formula and proportional allocation across institutions. Respondents met three criteria: active student status, Generation Z birth cohort (born 1997–2012), and current enrollment in an entrepreneurship course. A structured Likert-scale questionnaire measured all constructs; data were analyzed using multiple linear regression (SPSS 29). Results: All three predictors exerted significant positive effects on entrepreneurial interest. Standardized coefficients: self-efficacy (β = 0.487; p < 0.001), self-regulation (β = 0.137; p = 0.004), and business capital (β = 0.118; p = 0.005). Jointly, they explained 37.3% of variance (F = 79.380; p < 0.001), with self-efficacy as the dominant predictor. Conclusion: Self-efficacy is the principal driver of Generation Z entrepreneurial interest in fashion, followed by business capital and self-regulation. These findings underscore the need for integrated university programs combining confidence-building activities, self-regulatory skill development, and capital access support to stimulate youth entrepreneurship in Batam City.

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Journal Info

Abbrev

ink

Publisher

Subject

Economics, Econometrics & Finance

Description

INKUBIS: Jurnal Ekonomi dan Bisnis is a scientific periodical published twice a year or 6 months. INKUBIS: Jurnal Ekonomi dan Bisnis is managed by the Politeknik Siber Cerdika Internasional which publishes scientific manuscripts in the family of economics and ...