The Role of Islamic Work Ethics to Entrepreneurial Intention: The Study of Undergraduate Students in Indonesia

Abstract

Entrepreneurs is important bringing advancements of a country's economy, yet entrepreneurs are created not born. Previous researches acknowledged that entrepreneurship activities were intentional based and having strong relationship with individual's values or culture. As for Moslem, the inherent individual culture, is in form of Islamic Work Ethics, which should support entrepreneurship. This objective of this study is to reveal the role of Islamic Work Ethics in influencing entrepreneurial intention of Indonesian under graduate students. The study is much relevant, since the students are the candidates of entrepreneurs in the future. Upon using Structural Equation Modelling, the study finds strong relationship between all variables. The discussion of finding, as well as future research direction is provided.

The Role of The Islamic Work Ethos Through the Motivation of Entrepreneurship and The Barriers of Entrepreneurship to Entrepreneurial Intention Santri In Pondok Pesantren Indonesia

“…Islamic values can increase entrepreneurial skills (entrepreneurship. Research conducted by Widana & Nurwati (2020) on undergraduate students from universities in Jakarta, Indonesia, also shows that there is a positive and significant correlation between Islamic work ethic and entrepreneurial intention. Rehan et al 2019did about the intention of entrepreneurship in the Muslim community in Pakistan also shows that there is an influence of religion on entrepreneurial intentions mainly due to Islamic values and religious practices.…”

“…Several studies have shown results that support this statement (Gerry et al, 2008, Giancomin, et al, 2011and Pruett et al, 2007). Apart from education and entrepreneurial experience, Rehan et al (2019), Kalid, et al, (2019), Widana & Nurwati, (2020) also found that values such as Islamic work ethic values have an influence on entrepreneurial intentions. Likewise, cultural factors are thought to also influence entrepreneurial intentions.…”