Citation:

Hendra Wiyanto, Carunia Mulya Firdausy, Otto Randa Payangan, Haris Maupa, Syarifuddin Sulaiman. "The Effect of Self-Efficacy on Entrepreneurial Success: A Study of Entrepreneurial Intentions as Mediators" International Research Journal of Economics and Management Studies, Vol. 3, No. 2, pp. 116-123, 2024.

Abstract:

Entrepreneurs who come from universities are active in start-up projects; this trend encourages universities to consider entrepreneurship as a viable career alternative for students. The purpose of this research is to analyze the contribution of self-efficacy to entrepreneurial success mediated by entrepreneurial intention. A quantitative research approach was conducted at Pelita Harapan University and Bina Nusantara University in DKI Jakarta, Indonesia. The focus of the study is on factors influencing entrepreneurial success among undergraduate students enrolled in entrepreneurship courses. The research encompasses a population of undergraduate students, with a sample size of 228 individuals distributed across both universities. The primary method of data collection employed in this study is a questionnaire, and the data is measured using a Likert scale. The analytical framework utilized for this research is the Structural Equation Model (SEM). The results of the study show that self-efficacy has a positive and significant effect on entrepreneurial intentions and that entrepreneurial intentions have a positive and significant effect on entrepreneurial success. The results also show that entrepreneurial intentions partially mediate the effect of self-efficacy on entrepreneurial success, meaning that self-efficacy influences entrepreneurial success both directly and indirectly through entrepreneurial intentions. The results imply that selfefficacy is a crucial factor in fostering entrepreneurship among students. The study contributes to the literature on entrepreneurship by examining the impact of self-efficacy on entrepreneurial success, using entrepreneurial intentions as mediators. The study also provides practical and policy implications for universities, educators, policymakers, and practitioners who are involved in designing and delivering entrepreneurship support programs for students and graduates.

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Keywords:

Self-Efficacy, Entrepreneurial Intentions, Entrepreneurial Success, Students.