While entrepreneurship education is widely promoted as a catalyst for economic development, its actual impact on students' practical entrepreneurial success remains underexplored. This mixed-methods research investigates the contextual factors shaping entrepreneurial outcomes among Vocational Education and Training (VET) students in Indonesia. Survey data from 453 students were analyzed using Structural Equation Modeling-Partial Least Squares (SEM-PLS) and subsequently contextualized through Focus Group Discussions (FGDs). The findings indicate that relational support, structural support, and self-confidence positively influence entrepreneurial success. Interestingly, formal educational support alone did not demonstrate a significant direct impact, serving instead as a foundational element that requires practical execution and networking to be realized. Furthermore, self-confidence emerged as a strong independent predictor rather than a moderating variable. Given that self-confidence emerged as the strongest predictor of success, universities must prioritize initiatives that actively build this psychological resource. This study offers practical recommendations for educational institutions and policymakers to cultivate an integrated entrepreneurial ecosystem that moves beyond theoretical classroom instruction.JEL: L26, I23, I25.
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