Exploring Factors Affecting Students’ Entrepreneurial Interest : Personality Traits, Family Environment, and Income Expectations
DOI:
https://doi.org/10.55606/optimal.v5i2.6291Keywords:
family environment, income expectations, personality, student entrepreneurial interestsAbstract
This study investigates the underlying factors that shape university students' inclination toward entrepreneurship, with particular attention to personality traits, familial support, and income expectations. While entrepreneurial success is often associated with traits such as self-confidence, risk tolerance, and a forward-looking mindset, encouragement from parents and the aspiration for better financial prospects also play a vital role in sparking entrepreneurial interest among students. The research involved 83 undergraduate students enrolled in the Management Study Program at the Faculty of Economics and Business, Universitas Jember, with data collection taking place between January and March 2024. A structured questionnaire was used to gather responses, which were then analyzed to examine the relationships between the three predictor variables and students' entrepreneurial interest. The findings indicate that personality traits do not significantly influence entrepreneurial interest. In contrast, both family support and income expectations demonstrate a meaningful and positive effect. These results highlight that a supportive social environment and financial motivation are key drivers in cultivating students’ interest in pursuing entrepreneurial endeavors.
References
Aghniya, N. da. S., & W. (2021). Factors affecting entrepreneurial interest in students. Edukatif: Jurnal Ilmu Pendidikan, 3(5), 1891–1903.
Bauman, A., & Lucy, C. (2021). Enhancing entrepreneurial education: Developing competencies for success. The International Journal of Management Education, 19(1). https://doi.org/10.1016/j.ijme.2019.03.005
Brush, C. G., Greene, P. G., Balachandra, L., & Davis, A. E. (2018). The gender gap in venture capital—Progress, problems, and perspectives. Venture Capital, 20(2), 115–136. https://doi.org/10.1080/13691066.2017.1349266
Farrukh, M., Khan, A. A., Shahid Khan, M., Rafiq, M., & Othman, S. H. (2018). Entrepreneurial intentions: The role of personality traits in perspective of theory of planned behaviour. Asia Pacific Journal of Innovation and Entrepreneurship, 12(3), 399–414. https://doi.org/10.1108/APJIE-01-2018-0004
G.E.M. (2022). Global Entrepreneurship Monitor 2021/2022 Global Report. Global Entrepreneurship Research Association. https://www.gemconsortium.org/report
Hossain, M. M., Alam, M., Alamgir, M., & Salat, A. (2020). Factors affecting business graduates’ employability–empirical evidence using partial least squares (PLS). Education + Training, 62(3), 292–310. https://doi.org/10.1108/ET-12-2018-0258
Langowitz, N., & Minniti, M. (2007). The entrepreneurial propensity of women. Entrepreneurship Theory and Practice, 31(3), 341–364. https://doi.org/10.1111/j.1540-6520.2007.00177.x
Liñán, F., Paul, J., & Fayolle, A. (2020). Toward a framework of international entrepreneurship education. Journal of International Entrepreneurship, 18, 162–185. https://doi.org/10.1007/s10843-019-00258-5
Luc, P. T. (2020). Outcome expectations and social entrepreneurial intention: Integration of planned behavior and social cognitive career theory. Journal of Asian Finance, Economics and Business, 7, 399–407.
M, P. C., & MG, G. Z. (2021). Identifying entrepreneurial interest and skills among university students. Sustainability, 13(13). https://doi.org/10.3390/su13136995
Nowiński, W., Haddoud, M. Y., Lančarič, D., Egerová, D., & Czeglédi, C. (2019). The impact of entrepreneurship education, entrepreneurial self-efficacy, and gender on entrepreneurial intentions of university students in the Visegrad countries. Studies in Higher Education, 44(2), 361–379. https://doi.org/10.1080/03075079.2017.1365359
Pradana, M., Wardhana, A., Wijayangka, C., Kartawinata, B. R., & Wahyuddin, S. (2020). Indonesian university students’ entrepreneurial intention: A conceptual study. https://doi.org/10.31838/jcr.07.07.101
Sari, T. A., & Bawono, A. D. B. (2024). The influence of personality, entrepreneurial motivation, income expectations, and job market considerations on entrepreneurial interest in accounting students (Empirical study of accounting students at the Muhammadiyah University of Surakarta class of 20). Management Studies and Entrepreneurship Journal, 5(2), 4951–4964. https://doi.org/10.37385/msej.v5i2.4817
Shinnar, R. S., Hsu, D. K., & Powell, B. C. (2012). Self-efficacy, entrepreneurial intentions, and gender: Assessing the impact of entrepreneurship education longitudinally. The International Journal of Management Education, 10(2), 59–71. https://doi.org/10.1016/j.ijme.2012.04.001
Suryadi, I., Isma, A., & Diarra, S. (2024). Factors influencing the entrepreneurial interest of the young generation: An empirical review on student entrepreneurs. Indonesia Journal of Business and Entrepreneurial Research, 2(1), 11–26.
Valdez-Juárez, L. E., Ramos-Escobar, E. A., Ruiz-Zamora, J. A., & Borboa-Álvarez, E. P. (2024). Personal and psychological traits of university-going women that affect opportunities and entrepreneurial intentions. Behavioral Sciences, 14(1). https://doi.org/10.3390/bs14010066
Virginia, B.-S., & Mitre-Aranda, M. del B.-G., J. (2022). The entrepreneurial intention of university students: An environmental perspective. European Research on Management and Business Economics, 28(2). https://doi.org/10.1016/j.iedeen.2021.100184
Wilson, F., Kickul, J., & Marlino, D. (2007). Gender, entrepreneurial self‐efficacy, and entrepreneurial career intentions: Implications for entrepreneurship education. Entrepreneurship Theory and Practice, 31(3), 387–406. https://doi.org/10.1111/j.1540-6520.2007.00179.x
Yusuf, E., & Efendi, R. (2019). Student entrepreneurial interests that are influenced by income expectations, entrepreneurship education, and self efficacy. International Journal of Multicultural and Multireligious Understanding, 6(6). https://doi.org/10.18415/ijmmu.v6i6.1227
Zhao, H., & Seibert, S. E. (2006). The Big Five personality dimensions and entrepreneurial status: A meta-analytical review. Journal of Applied Psychology, 91(2), 259–271. https://doi.org/10.1037/0021-9010.91.2.259
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2025 OPTIMAL Jurnal Ekonomi dan Manajemen
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
