The Need For Achievement, Risk-Taking Propensity, And Entrepreneurial Intention Of The Generation Z

Abstract

Entrepreneurial intention is affected by various factors, namely the need for achievement and risk-taking propensity. This study aims to fill a research gap regarding numerous previous studies about Student Entrepreneurship Program (PMW). However, there has not been a study that involved the need for achievement and risk-taking propensity by mediating entrepreneurial attitudes as a form entrepreneurial intention among the Generation Z of PMW participants. The research approach is quantitative by distributing questionnaires to 61 Generation Z who were the participants of PMW 2020. Hypothesis tests were carried out by the Path Analysis. The results of this study indicated that: the need for achievement and the risk-taking propensity was proven to positively influence entrepreneurial intentions; however, the entrepreneurial attitude was not proven to mediate the influence of the need for achievement on entrepreneurial intentions; as well as the entrepreneurial attitude was not proven to mediate the influence of the need for achievement on entrepreneurial intentions.

Mediating Role of Proactive Personality in Linking Entrepreneurial Education and Intentions

“…The entrepreneurship is imperative for students to overwhelm the situation and to maintain desirability towards leading outcomes through effective education. The entrepreneurial education, personality and intentions are effective in sustaining environment wherein entrepreneurs are required to put their strong efforts to avail the different available leading opportunities towards the application of different knowledge, techniques and approaches that are dynamic toward the determination of the required outcomes through effective and required capabilities and outcomes in the diverse situation to maintain anticipated consequences (Buana, Hidayat & Prayogi, 2017;Agustina, & Fauzia, 2021).…”

“…These factors are thus considered as leading characteristics associated with entrepreneurial intentions to maintain the desirability toward the desired consequences (Azis, Haeruddin, & Azis, 2018), overwhelms at desired consequences from diverse leading characteristics and outcomes. The entrepreneurial intentions involve the challenging situational constraints that need the education and knowledge for effective execution of various plans for the entrepreneurship success from different leading environmental constraints (Agustina, & Fauzia, 2021). These resources are careful as critical features for development of the entrepreneurial intentions towards available business opportunities that are vital toward the required determination for required success.…”

Entrepreneurial Intentions for Engineering Students: Does Entrepreneurship Education and Family Environment Matter?

“…According to Wang and Jiang (2021), learners should possess several entrepreneurial values. Six important values are considered when implementing entrepreneurship: independence, creativity, daring to take risks, action-oriented, leadership, and working hard (Agustina & Fauzia, 2021;Lubada et al, 2021;Shaowei et al, 2022).…”

Social Entrepreneurial Orientation Impact On Social Entrepreneurial Intention Mediated Social Entrepreneurial Attitudes

“…Motive and Social Entrepreneurial Intentions. Through the Theory of Planned Behavior proposed by Ajzen (2020), states that intentions are explained through behavioral attitudes, subjective norms, and perceived behavioral control (Kurjono, 2018, in Agustina andFauzia, 2021). The motive for taking risks is included in the perceived behavioral control factor.…”

“…Here the risk-taking motive can affect a person's belief to act based on calculated risks. Confident and optimistic, task and result oriented, dare to take risks and like future-oriented challenges which are entrepreneurial traits that reflect the attitude of an entrepreneur (Agustina and Fauzia, 2021). Because entrepreneurship requires one's courage to take risks and dare to face obstacles as a consequence of something that must be done (Asmara et al, 2016).…”