Entrepreneurial Readiness Assessment of Students Based on Creativity, Self-Efficacy, and Motivation

Abstract

Entrepreneurship is strategically supporting the national priority program for prosperity, as entrepreneurship growth corresponds to job vacancies. Entrepreneurship education is crucial for producing many entrepreneurs. However, many fresh graduate students who have already received an entrepreneurship education prefer to work in private or government companies rather than becoming an entrepreneur. Entrepreneurship education alone is not enough to support entrepreneurial readiness. Several intrinsic factors, especially student motivation, are required to create a generation of entrepreneurs. This study aims to investigate the effect of intrinsic factors, such as the impact of creativity, self-efficacy, and motivation, on students' entrepreneurial readiness. This study employed a quantitative approach based on survey techniques, with 236 students serving as the correspondents. The collected data were statistically analyzed using a linear regression equation and SPSS 21.0 software. The findings revealed that creativity, self-efficacy, and motivation impacted students' entrepreneurial readiness.