Business education, innovation skills as predictors of entrepreneurial self-efficacy in university students
Abstract
Considering the importance of entrepreneurship education in the social and economic sphere, the objective of this study was to examine how entrepreneurship education influences the development of innovative skills and entrepreneurial confidence of university students. To do this, it was necessary to adopt a quantitative methodological perspective to understand the relationship between the study variables. Through the application of confirmatory factor analysis (CFA) and the development of the structural equation model (SEM), it was possible to know and confirm the effect and statistical relationship between the variables. The participants of this research were made up of a total of 701 students under quota sampling selection. Entrepreneurship education has been found to significantly influence the promotion of innovative skills and the development of entrepreneurial self-efficacy. Furthermore, the study reveals that the acquisition of innovation competencies is a prerequisite for students to perform well in the business environment. These competencies not only enable them to adapt to changing environments but also foster creativity, systems thinking, and effective problem-solving. This study provides empirical evidence that entrepreneurship education is a relevant factor in strengthening and developing students’ innovation competencies and entrepreneurial self-efficacy.
Keyword : education, entrepreneurship, innovation, entrepreneurial self-efficacy, entrepreneurial capacity, entrepreneurial skills
How to Cite
Laydes, M., Vásquez, M., Cruz-Tarrillo, J., & Diaz, R. A. (2024). Business education, innovation skills as predictors of entrepreneurial self-efficacy in university students. Journal of Business Economics and Management, 25(4), 612–627. https://doi.org/10.3846/jbem.2024.21689
This work is licensed under a Creative Commons Attribution 4.0 International License.
References
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Hasan, S. M., Khan, E. A., & Nabi, M. N. U. (2017). Entrepreneurial education at university level and entrepreneurship development. Education and Training, 59(7–8), 888–906. https://doi.org/10.1108/ET-01-2016-0020
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Huarng, K. H., & Ribeiro-Soriano, D. E. (2014). Developmental management: Theories, methods, and applications in entrepreneurship, innovation, and sensemaking. Journal of Business Research, 67(5), 657–662. https://doi.org/10.1016/j.jbusres.2013.11.023
Kakouris, A., Tampouri, S., Kaliris, A., Mastrokoukou, S., & Georgopoulos, N. (2024). Entrepreneurship as a career option within education: A critical review of psychological constructs. Education Sciences, 14(1). https://doi.org/10.3390/educsci14010046
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Keinänen, M. M., & Kairisto-Mertanen, L. (2019). Researching learning environments and students’ innovation competences. Education and Training, 61(1), 17–30. https://doi.org/10.1108/ET-03-2018-0064
Keinänen, M., Ursin, J., & Nissinen, K. (2018). How to measure students’ innovation competences in higher education: Evaluation of an assessment tool in authentic learning environments. Studies in Educational Evaluation, 58, 30–36. https://doi.org/10.1016/j.stueduc.2018.05.007
Kickul, J., & D’Intino, R. S. (2005). Measure for measure: Modeling entrepreneurial self-efficacy onto instrumental tasks within the new venture creation process. New England Journal of Entrepreneurship, 8(2), 39–47. https://doi.org/10.1108/NEJE-08-02-2005-B005
Kirby, D. A. (2004). Entrepreneurship education: Can business schools meet the challenge? Education + Training, 46(8/9), 510–519. https://doi.org/10.1108/00400910410569632
Kuratko, D. F. (2004). Entrepreneurship education in the 21st century: From legitimization to leadership. A Coleman Foundation white paper, USASBE National Conference. http://faculty.bus.olemiss.edu/dhawley/pmba622%20sp07/pmba622/sloan/l3_m11_entre_education.pdf
Lastra, R. P. (2000). Encuestas probabilíticas vs. no probabilísticas. Política y Cultura, 13, 263–276. https://www.redalyc.org/pdf/267/26701313.pdf
Lee, J., Kim, D., & Sung, S. (2019). The eect of entrepreneurship on start-up open innovation: Innovative behavior of university students. Journal of Open Innovation: Technology, Market, and Complexity, 5(4). https://doi.org/10.3390/joitmc5040103
Liguori, E., Corbin, R., Lackeus, M., & Solomon, S. J. (2019). Under-researched domains in entrepreneurship and enterprise education: primary school, community colleges and vocational education and training programs. Journal of Small Business and Enterprise Development, 26(2), 182–189. https://doi.org/10.1108/JSBED-04-2019-402
Liu, X., Lin, C., Zhao, G., & Zhao, D. (2019). Research on the effects of entrepreneurial education and entrepreneurial self-efficacy on college students’ entrepreneurial intention. Frontiers in Psychology, 10, Article 869. https://doi.org/10.3389/fpsyg.2019.00869
Maresch, D., Harms, R., Kailer, N., & Wimmer-Wurm, B. (2016). The impact of entrepreneurship education on the entrepreneurial intention of students in science and engineering versus business studies university programs. Technological Forecasting and Social Change, 104, 172–179. https://doi.org/10.1016/j.techfore.2015.11.006
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