Academic journal article Asian Social Science

A Descriptive Analysis on Entrepreneurial Intention among Engineering Technology Students

Academic journal article Asian Social Science

A Descriptive Analysis on Entrepreneurial Intention among Engineering Technology Students

Article excerpt

Abstract

The study of entrepreneurship and the factors that lead people to become entrepreneurs have developed into an interesting topic for research. The purpose of this study is to investigate the factors that determine the entrepreneurial intention among engineering technology students in Universiti Kuala Lumpur Malaysia France Institute. 63 engineering technology students were selected to be the study sample. Samples were drawn using the random sampling technique and a self administered survey. The data were analyzed using descriptive statistics. The study has an implication to the university and the government in developing and planning for entrepreneurship activities, program and education to increase the entrepreneurial intention among engineering technology students.

Keyword: entrepreneurship, entrepreneurial intention, engineering technology

1. Introduction

Entrepreneurship has been known to be the main catalyst for economic growth of a country. In the era of globalization, entrepreneurship and entrepreneurs have been declared to be highly important. A country's competitive force will be defined by the entrepreneurial spirit and innovativeness owned by its nation. The government has been giving a special attention to the development of entrepreneurs by providing a lot of programmes and strategies through various government agencies.

Therefore investigating the factors that determine the entrepreneurial intentions of students is a crucial issue in entrepreneurship research.

This study aimed to examine the factors that determined Universiti Kuala Lumpur Malaysia France Institute (UniKl MFI) students' entrepreneurial intention. The study focused on the personality factors and environmental factors. Personality factors include need for achievement (McClelland, 1976) and self-efficacy (Bandura, 1986), while environmental factors include factors such as social networks, capital and information access (Mazzarol et al., 1999). Similar studies have been conducted to investigate students' entrepreneurial intention in several countries (Kristiansen & Indarti, 2004; Ismail et al., 2009; Indarti et al., 2010).

2. Literature Review

Entrepreneurship has been an interesting topic discussed not only by the economists, sociologists but also psychologists. Various researches by those disciplined have enhanced and developed the theories of entrepreneurship. There are various definitions of entrepreneur and entrepreneurship.

Among the earliest is Schumpeter (1934), who defined entrepreneurship as a firm that operates and implements a combination of new activities such as product development, marketing, resources of raw materials, manufacturing approach and new organizational structure.

Entrepreneurship is a dynamic process of vision, change, and creation. It requires an application of energy and passion towards the creation and implementation of new ideas and creative solutions. The essential ingredients include the willingness to take calculated risks - in term of time, equity, or career; the ability to formulate an effective venture team; the creative skills to marshal needed resources; the fundamental skill of building a solid business plan; and finally, the vision to recognize opportunity where others see chaos, contradiction and confusion (Kuratko, 2009, p. 5).

Krueger and Carsrud (1993) defined entrepreneurial intention as individual commitment to start a new business. Bird and Jellinek (1988) defined entrepreneurial intention as the level of cognitive awareness which direct to set up a new business. Bird and Jellinek clarified that intention is a thinking situation consisting of concentration, experience and individual behavior towards a specific goal or certain behavior. It is important to understand the overall process of entrepreneurial intention because the intention is usually related in establishing a new business (Bird & Jellinek, 1988; Krueger & Carsrud, 1993). …

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