Influence of Family Environment, Social Environment, Self Efficacy, Self Motivation and Financial Literacy to Entrepreneurship Intention: A Study on Indonesian College Students

19 Pages Posted: 5 Dec 2019

See all articles by Ummul Chairat Rais

Ummul Chairat Rais

State University of Jakarta, Faculty of Economics, Students

Hanifah Ayu Rachmawati

State University of Jakarta

Date Written: November 19, 2019

Abstract

Research aimed to test 1) The influence of family environment towards entrepreneurship intention; 2) the influence of social environment toward entrepreneurship intention; 3) the influence of self efficacy towards entrepreneurship intention; 4) the influence of self motivation towards entrepreneurship intention; 5) the influence of financial literacy towards entrepreneurship intention; 6) the influence of family environment, social environment, self efficacy, self motivation and financial literacy againts the entrepreneurship intention. The purpose of this study is to get proper knowledge and trustworthy on the influence of family environment, social environment, self efficacy, self motivation and financial literacy to entrepreneurship intention. This research was conducted in Indonesia, with a total sample of 251 respondent namely research. Data was analyzed using SEM techniques, for the purpose of this study was to test the theory, the engineering analysis conducted is based SEM (Covariance based SEM), the SEM aproach using smartPLS 3.0. The result showed that the variables that have a major influence is self efficacy. Meanwhile, variables that have low impact on entrepreneurship intention is financial literacy.

Keywords: family environment, social environment, self efficacy, self motivation, financial literacy, entrepreneurship intention

Suggested Citation

Chairat Rais, Ummul and Ayu Rachmawati, Hanifah, Influence of Family Environment, Social Environment, Self Efficacy, Self Motivation and Financial Literacy to Entrepreneurship Intention: A Study on Indonesian College Students (November 19, 2019). Available at SSRN: https://ssrn.com/abstract=3489671 or http://dx.doi.org/10.2139/ssrn.3489671

Ummul Chairat Rais (Contact Author)

State University of Jakarta, Faculty of Economics, Students ( email )

Jakarta Timur, Jakarta
Indonesia

Hanifah Ayu Rachmawati

State University of Jakarta ( email )

Jalan Rawamangun Muka no 1
Jakarta Timur, ID jakarta 13220
Indonesia

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