Testing the Influence of Self-Efficacy and Demographic Characteristics among International Students on Entrepreneurial Intention in the Context of Hungary

Abstract

With the fact that studying abroad has gradually become the priority choice for students to pursue higher education, the number of international students is undergoing dramatic growth. However, little is known about the entrepreneurship of this growing group. Moreover, a considerable number of researchers propose that entrepreneurial self-efficacy is one of the critical factors that influence individuals to make entrepreneurial decisions in the entrepreneurial domain. Therefore, this paper takes a group of international students as its research object to explore the impact of the four capability dimensions of entrepreneurial self-efficacy on entrepreneurial intention (EI) and its relationship with demographic characteristics in the Hungarian context. The four capability dimensions tested in this study include operation and management capacity (OMC), relationship coordination capacity (RCC), risk tolerance capacity (RTC), and innovative and opportunity identification capacity (IOIC). To test the hypothesis in this paper, the hierarchical regression and independent samples t-test are used. The results show that OMC, RTC, and IOIC have a significant impact on the EI of international students, but RCC has not been confirmed. Additionally, the demographic characteristics of international students are associated with their EI in the context of Hungary. This finding contributes to adopting more effective and comprehensive entrepreneurial practices for relevant institutions.

Effect of institutional support and entrepreneurial knowledge on women’s entrepreneurial self-efficacy and venture performance in a developing country

“…The results show that ENK has a positive and significant effect of on WESE ( H3 accepted). These outcomes are in line with previous findings by Memon et al (2019), Setiawan et al (2020) and Wu et al (2022a, 2022b). The positive results among Pakistani women entrepreneurs reflect that, as they gain experience from ENK , they are confident in their abilities to start up their businesses.…”

“…These outcomes are consistent with the findings of previous studies by Cardon and Kirk (2015), Kazumi and Kawai (2017). An occurrence of the positive relationships demonstrate that WESE is a substantial influence on individuals’ learning behaviours, their business goals and their ambitions to start and grow their businesses (Wu et al , 2022a, 2022b). It is a strong belief that, in establishing their businesses, women in entrepreneurship develop a higher level of self-efficacy to counteract the risks and ambiguities of the environment (Srimulyani and Yustinus, 2022; Wu et al , 2022a, 2022b).…”

“…An occurrence of the positive relationships demonstrate that WESE is a substantial influence on individuals’ learning behaviours, their business goals and their ambitions to start and grow their businesses (Wu et al , 2022a, 2022b). It is a strong belief that, in establishing their businesses, women in entrepreneurship develop a higher level of self-efficacy to counteract the risks and ambiguities of the environment (Srimulyani and Yustinus, 2022; Wu et al , 2022a, 2022b). Therefore, the study’s findings among Pakistani women entrepreneurs suggest that such women’s self-efficacy focuses on the associations between FIS , IFIS, ENK and VP .…”

“…In addition, WESE is a factor that mediates the connection between EI and entrepreneurship education. WESE is a multidimensional construct (Wu et al, 2022a(Wu et al, , 2022bSrimulyani and Yustinus, 2022;Soomro and Shah, 2022) that controls the individuals' beliefs and goals. These dimensions are favourable when starting up a new business.…”

“…Women's entrepreneurial self-efficacy and venture performance A self-efficacy factor serves as a dominant component in the relationship between women's physical mannerisms and entrepreneurial outcomes (Shinnar et al, 2012;Bulanova et al, 2016). Hence, it has a substantial effect on the commercial objectives; acquiring mannerisms; and the persistence and growth ambitions of people who initiate or operate trades (Wu et al, 2022a(Wu et al, , 2022b. Generally, business people demonstrate a significant stage of self-efficacy and, even in gradually modest and ambiguous/environments/surroundings, have faith that they can take risks to flourish, (Srimulyani and Yustinus, 2022).…”