Ascertaining the Effects of Self-Efficacy and Fear of Failure on Entrepreneurial Intention of International Students in China

Abstract

several perceptual factors contribute to the desire and ability to set up a new venture or become an entrepreneur. Cognizance of that, this paper posits to ascertain the impact of selfefficacy and fear of failure on the entrepreneurial intention of international students in China. Relying on a quantitative and cross-sectional research design, an open and close-ended questionnaire was used to collate data from students in Jiangsu University and Jiangsu University of Science and Technology through a simple random sampling approach. The Statistical Package for Social Sciences (SPSS version 26) was used to process data into tables to help the researcher undertake a descriptive, correlation, and multiple regression analysis. The outcome of the research shows that self-efficacy significantly and positively influences the entrepreneurial intention of international students in China with B= 0.157, p<0.05. The fear of failure was found to have a negative impact on the entrepreneurial intention with B=-0.167, p<0.05. By implication, the outcome highlights the relevance of self-efficacy and fear of failure in determining how they affect the entrepreneurial intention of international students in China. The outcome contributes to the Social Cognitive Theory such that self-efficacy and fear of failure are regarded as perceptual factors that define the beliefs and fears of people regarding their entrepreneurial intention. The study suggests that Universities and recognized institutions should give proper attention to self-efficacy and how to manage the fears of students to enhance their entrepreneurial intention.

Peran Mediasi Efikasi Diri Pada Pengaruh Ekosistem Kewirausahaan Terhadap Niat Berwirausaha Kalangan Santri Banyuwangi

“…Studi ini termasuk dalam jenis penelitian kuantitatif melalui pendekatan eksplanatori (explanatory research). Metode kuantitatif biasanya digunakan ketika variabel dalam penelitian dapat diukur secara kuantitas dan menggunakan hasilnya untuk menguji tujuan teori (Agyeman et al, 2021). explanatory research adalah metode penelitian yang bertujuan memaparkan kedudukanvariabel-variabel yang dikaji serta efek antar variabel satu dan variabel lainnya (Sugiyono, 2017).…”