Characterizing the entrepreneurial profile of university students from a developing country

Entrepreneurship serves as a pivotal force for innovation and sustainable development. Today, its influence on wealth generation, job creation, and national economic growth is indisputable. Understanding the entrepreneurial profiles and capacities of future professionals has become a priority within...

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Main Authors: Mayra D'Armas Regnault, Agustín Mejías Acosta, Pedro Noboa Romero, Ligia Fajardo Vaca, Wellington Álvarez Baque, Cristian Vidal-Silva
Format: Article
Language:English
Published: Frontiers Media S.A. 2024-12-01
Series:Frontiers in Education
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Online Access:https://www.frontiersin.org/articles/10.3389/feduc.2024.1443476/full
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author Mayra D'Armas Regnault
Agustín Mejías Acosta
Pedro Noboa Romero
Ligia Fajardo Vaca
Wellington Álvarez Baque
Cristian Vidal-Silva
author_facet Mayra D'Armas Regnault
Agustín Mejías Acosta
Pedro Noboa Romero
Ligia Fajardo Vaca
Wellington Álvarez Baque
Cristian Vidal-Silva
author_sort Mayra D'Armas Regnault
collection DOAJ
description Entrepreneurship serves as a pivotal force for innovation and sustainable development. Today, its influence on wealth generation, job creation, and national economic growth is indisputable. Understanding the entrepreneurial profiles and capacities of future professionals has become a priority within both academic and business realms. While there is substantial research evidence highlighting the impact of entrepreneurship on the business sector, studies specifically examining university contexts worldwide are limited, particularly in developing nations. This study aimed to characterize the entrepreneurial capacity profile of university students in Ecuador, a developing country in South America. Drawing from a literature review, we developed an instrument adapted from the theory of planned behavior (TPB), incorporating personal attitude, subjective norms, and perceived behavioral control as determinants of entrepreneurial intention. This framework measures entrepreneurial capacity, integrating prominent entrepreneurial competencies identified in the literature as part of personal factors: problem-solving, creativity, financial management, leadership, negotiation, decision-making, self-confidence, and resilience. The instrument was administered to a sample of university students in Ecuador. Using statistical methods, we analyzed the relationships between demographics (age and gender), educational background (parents' education and occupation), the entrepreneurial ecosystem, and TPB factors-including personal attitude, subjective norms, and perceived behavioral control-on entrepreneurial intention. Key findings reveal that age, gender, parents' educational background, occupation, and the entrepreneurial ecosystem significantly influence the entrepreneurial intentions of university students. Within their entrepreneurial profiles, self-confidence, creativity, and decision-making skills emerged prominently, while financial management, negotiation, and problem-solving showed potential areas for development. These results offer valuable insights for updating academic programs to foster entrepreneurial intention in Ecuador and other developing countries. Theoretically, this study reinforces TPB as a foundational framework in entrepreneurship research, particularly underscoring the moderating role of sociodemographic variables such as age, gender, and educational level. Practically, it provides a quantitative measurement tool and a control variable for future studies aiming to identify entrepreneurial skills within regional contexts.
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spelling doaj-art-04d7868a67004f1593dc50f9565dc3602025-08-20T02:01:04ZengFrontiers Media S.A.Frontiers in Education2504-284X2024-12-01910.3389/feduc.2024.14434761443476Characterizing the entrepreneurial profile of university students from a developing countryMayra D'Armas Regnault0Agustín Mejías Acosta1Pedro Noboa Romero2Ligia Fajardo Vaca3Wellington Álvarez Baque4Cristian Vidal-Silva5Universidad Estatal de Milagro, Milagro, Guayas, EcuadorUniversidad de Carabobo, Municipio Valencia, Carabobo, VenezuelaUniversidad Estatal de Milagro, Milagro, Guayas, EcuadorUniversidad Estatal de Milagro, Milagro, Guayas, EcuadorUniversidad Estatal de Milagro, Milagro, Guayas, EcuadorFacultad de Ingeniería y Negocios, Universidad de Las Américas, Providencia, Santiago, ChileEntrepreneurship serves as a pivotal force for innovation and sustainable development. Today, its influence on wealth generation, job creation, and national economic growth is indisputable. Understanding the entrepreneurial profiles and capacities of future professionals has become a priority within both academic and business realms. While there is substantial research evidence highlighting the impact of entrepreneurship on the business sector, studies specifically examining university contexts worldwide are limited, particularly in developing nations. This study aimed to characterize the entrepreneurial capacity profile of university students in Ecuador, a developing country in South America. Drawing from a literature review, we developed an instrument adapted from the theory of planned behavior (TPB), incorporating personal attitude, subjective norms, and perceived behavioral control as determinants of entrepreneurial intention. This framework measures entrepreneurial capacity, integrating prominent entrepreneurial competencies identified in the literature as part of personal factors: problem-solving, creativity, financial management, leadership, negotiation, decision-making, self-confidence, and resilience. The instrument was administered to a sample of university students in Ecuador. Using statistical methods, we analyzed the relationships between demographics (age and gender), educational background (parents' education and occupation), the entrepreneurial ecosystem, and TPB factors-including personal attitude, subjective norms, and perceived behavioral control-on entrepreneurial intention. Key findings reveal that age, gender, parents' educational background, occupation, and the entrepreneurial ecosystem significantly influence the entrepreneurial intentions of university students. Within their entrepreneurial profiles, self-confidence, creativity, and decision-making skills emerged prominently, while financial management, negotiation, and problem-solving showed potential areas for development. These results offer valuable insights for updating academic programs to foster entrepreneurial intention in Ecuador and other developing countries. Theoretically, this study reinforces TPB as a foundational framework in entrepreneurship research, particularly underscoring the moderating role of sociodemographic variables such as age, gender, and educational level. Practically, it provides a quantitative measurement tool and a control variable for future studies aiming to identify entrepreneurial skills within regional contexts.https://www.frontiersin.org/articles/10.3389/feduc.2024.1443476/fullentrepreneurshipentrepreneurial profilehigher educationtheory of planned behaviorentrepreneurial intention
spellingShingle Mayra D'Armas Regnault
Agustín Mejías Acosta
Pedro Noboa Romero
Ligia Fajardo Vaca
Wellington Álvarez Baque
Cristian Vidal-Silva
Characterizing the entrepreneurial profile of university students from a developing country
Frontiers in Education
entrepreneurship
entrepreneurial profile
higher education
theory of planned behavior
entrepreneurial intention
title Characterizing the entrepreneurial profile of university students from a developing country
title_full Characterizing the entrepreneurial profile of university students from a developing country
title_fullStr Characterizing the entrepreneurial profile of university students from a developing country
title_full_unstemmed Characterizing the entrepreneurial profile of university students from a developing country
title_short Characterizing the entrepreneurial profile of university students from a developing country
title_sort characterizing the entrepreneurial profile of university students from a developing country
topic entrepreneurship
entrepreneurial profile
higher education
theory of planned behavior
entrepreneurial intention
url https://www.frontiersin.org/articles/10.3389/feduc.2024.1443476/full
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