Entrepreneurial Intentions And Readiness For Startup Among P2MW Grant Recipients

Michelle Chai; Lydiawati Soelaiman

doi:10.24912/je.v29i2.2107

Authors

Michelle Chai Faculty of Economics and Business, Universitas Tarumanagara, Jakarta, Indonesia
Lydiawati Soelaiman Faculty of Economics and Business, Universitas Tarumanagara, Jakarta

DOI:

https://doi.org/10.24912/je.v29i2.2107

Keywords: Entrepreneurial Education; Entrepreneurial Experience; Innovative Personality; Readiness for Startup Business; P2MW Grant.

Abstract

The government has launched the Student Entrepreneurship Development Program (P2MW) to boost entrepreneurship in Indonesia. This study examines how entrepreneurial education, experience, and innovation influence entrepreneurial intentions and readiness to start a business. The research employs a descriptive method, using 80 students who received P2MW grants as samples. Data were collected through online and offline questionnaires using purposive sampling and analyzed with SEM-PLS using SmartPLS 4.0 software. The findings indicate no significant effect of entrepreneurial education on entrepreneurial intentions. However, entrepreneurial experience and innovation positively and significantly influence entrepreneurial intentions. The results also show a positive and significant impact of entrepreneurial intentions on readiness to start a business. This study recommends that the Ministry of Education and Culture encourage universities to create an entrepreneurial ecosystem within their environment to enhance students' readiness to start their businesses.

Author Biographies

Michelle Chai, Faculty of Economics and Business, Universitas Tarumanagara, Jakarta, Indonesia

michellechai4@gmail.com

Lydiawati Soelaiman, Faculty of Economics and Business, Universitas Tarumanagara, Jakarta

lydiawatis@fe.untar.ac.id

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