Purpose This study aims to examine the effect of entrepreneurial intention and attitude towards knowledge sharing on new business creation by comparing two generations, Y generation (millennials) and Z generation (post-millennial). In addition, the current study uses a social cognitive theory as a point of departure to test the research hypotheses. Design/methodology/approach This study deploys a quantitative approach (hypothetic-deductive approach) by surveying 300 respondents representing the two Indonesian generations. The questionnaire consisting of demographic items (age, education, etc.) and variables was the primary research instrument. This study used regression analysis, a Wald test for examining the proposed hypotheses and a t-test to provide a deeper analysis of the findings. Findings Findings from the current study show that Gen Y is still seeking a balance for their learning sources by involving in their social environments as well as exploring the digital world. In contrast, Gen Z is much more dominant in the independence to learn things that interest them. They have less dependency on social patrons but prioritise themselves as the leading model. Practical implications The findings of this study provide practical implications for higher education institutions in the development of entrepreneurship education to achieve learning effectiveness. Originality/value This study aims to contribute by providing empirical evidence in the effect of entrepreneurial orientation and attitude towards knowledge sharing on new venture creation with particular reference to Gen Y and Gen Z, suggested by previous studies. Although Gen Y and Gen Z are digital natives, this study provides insight into a shift in the characteristic of two generations, as also found in comparison to previous generations, such as Baby-Boomer vs Gen X and Gen X vs Gen Y. This study proclaims the need to adjust organisational theories to enable them to explain the shifting phenomena at the micro and macro level for every generation. Exploratory research to better understand the characteristics of a generation in other settings is a crucial proposal proposed by this study.
The purpose of this study was to examine the role of individual entrepreneurial orientation and knowledge-sharing attitudes on the influence of religion on the creation of new businesses. Data were collected from 300 millennial and post-millennial generations in Yogyakarta. Regression analysis with bootstrap method was used to test the hypothesis. The results prove that religiosity has a positive effect on the creation of new businesses, individual entrepreneurial orientation mediates the effect of religiosity on the creation of new businesses, and knowledge sharing attitudes mediate the effect of new business creation. The limitation of this study lies in the ability to explain the variations and dynamics of the new business creation process that differs from the identified stages.
This study provides empirical evidence of the role of religiosity in new venture creation and its additional moderating roles in individual entrepreneurial orientation and knowledge-sharing attitudes. It uses the lens of social cognitive and social capital theories by incorporating the generational cohort theory to explore Gen Y and Gen Z. This is a hypothetico-deductive study that employs a semi-structured survey of 84 Gen Y and 154 Gen Z respondents from Indonesia. The findings revealed that the effect of religiosity on venture creation was significantly negative for the Gen Y, and the two moderators played a significant role in the relationship between religiosity and venture creation only for the Gen Y. The findings of this study provide the new empirical discourse that even though the Gen Y and the Gen Z are considered digital natives, they have different religious views and behaviors notably when it comes to the decision to set up a new business. This study provides and opens new avenues for future research on this topic and highlights the urgency to explore the religious behavior of earlier generations towards venture creation.
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