Entrepreneurial Intentions, Capabilities and Skills of Business Students in Selected Universities in Pampanga

International Journal of Research and Innovation in Social Science (IJRISS) | Volume VI, Issue V, May 2022 | ISSN 2454–6186

Entrepreneurial Intentions, Capabilities and Skills of Business Students in Selected Universities in Pampanga

Manuelita G. Valencia, DBA, Mary Rose M. Tayag, MBA, and Judy L. Rodriguez, DBA
College of Business and Accountancy, Angeles University Foundation, Philippines

Abstract: This study focuses on the Entrepreneurial Intentions, Capabilities, skills of business students in selected universities in Pampanga. The study adopted a descriptive and correlational design using a questionnaire focusing on the respondents’ profile, entrepreneurial Intentions as well as the students’ capabilities and skills. Stratified random sampling was used to determine the respondents. The findings of the study showed that the students disagreed on their entrepreneurial intentions in terms of behavioral, normative, and control beliefs. The students assessed themselves with low entrepreneurial capabilities and skills. Inferential statistics showed that the behavioral and control beliefs have significant difference with school, gender, course, and year level. The course and average monthly allowance have a significant difference with normative beliefs. The significant relationship between entrepreneurial intentions, capabilities, and skills was also identified. Recommendations include promoting more entrepreneurial activities like trade fairs, product planning, business incubation, and other subjects that will be experiential to the students and may create positive behavioral and normative beliefs. These will likewise augment their capabilities that will influence their control beliefs. The curriculum and syllabi may be revisited to ensure the integration of these activities. Discussions on the opportunities that await them and the different business endeavors that they may enter into depending on their skills, should be part of the learning activities to ensure their normative beliefs. Successful entrepreneurs can be partners in honing the students and allow them to have hands-on and adequate internship experience to serve as spurring factors for their entrepreneurial intention.

Keywords: Entrepreneurial Intentions, Entrepreneurial Capabilities, Behavioral Belief, Normative Belief, and Control Belief

I.INTRODUCTION

Entrepreneurship is essential to build more dynamic economic culture. Zhao, Seibert, and Hills (2005) noted that active involvement in entrepreneurship promotes efficient economies and better employment opportunities. With more people engaging in entrepreneurial activities, more innovative ideas are pooled into the market, thereby improving the quality of products and services available to the public. Wilson, Kickul, and Marlino (2007) posited that creating a rich “pipeline” of people interested in entrepreneurial activities can ensure a good number of entrepreneurs for the economy. While Zhao, Seibert, and Lumpkin (2010) asserted that the personality of individuals can be a potent factor in determining the entrepreneurial intentions of people, this does

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