The Role of Entrepreneurial Education, Risk Tolerance and Self Efficacy on Entrepreneurial Intention of University Students During Digital Transformation and Industrial Revolution 4.0 Era

SUBAGYO, SUBAGYO and SURINDRA, BAYU and GESTY, ERNESTIVITA (2023) The Role of Entrepreneurial Education, Risk Tolerance and Self Efficacy on Entrepreneurial Intention of University Students During Digital Transformation and Industrial Revolution 4.0 Era. In: Proceedings of the 2nd Lekantara Annual Conference on Public Administration.

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Abstract

This study aims to examine how entrepreneurship education affects students’ selfefficacy, entrepreneurial intentions, and risk tolerance, as well as how these factors affect students’ self-efficacy, and the impact of self-efficacy on students’ entrepreneurial intentions. Confirmatory research is the type of study that was used, and its primary goal was to test the proposed hypothesis. The respondents of this research were 430 university students in Jabotabek who were determined by simple random sampling method. The instrument in this study adopted a research instrument that had been developed by previous researchers where all the answers to questions would be measured in five scores using a 5-point ordinal Likert scale, ranging from strongly agree (point 5) to strongly disagree (point 1). Structural equation modeling with SmartPLS 3.0 software is used in the data analysis technique. The findings of this study show that entrepreneurship education has no significant impact on students’ entrepreneurial intentions, self-efficacy, or risk tolerance; however, tolerance has a positive and significant impact on students’ self-efficacy, which in turn has a positive and significant impact on students’ entrepreneurial intentions

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