PREDICTORS OF YOUNG ENTREPRENEURIALLY-ORIENTED GENERATION
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Abstract
Education is seen as a vital factor of success in the Philippines. One tends to forget that entrepreneurial characteristics such as skills, mindset, and intention are as crucial as education. The exposure of students to social media platforms that encourages entrepreneurship has increased online entrepreneurial activities. The study analyzed the collected data from 122 young and student entrepreneurs who answered a survey questionnaire. Ordinal regression was utilized in data analysis. This study showed that the low, medium, and high levels of entrepreneurial intention, skills, and mindset are good predictors of each other. A probability that a unit increase in one will increase the other. The result shows the importance of each entrepreneurial characteristic to make entrepreneurially-oriented youth. Other variables used are age, gender, course, and motives. Though age and gender variables were not significant, the study found that opportunity and necessity motivation and achievement, challenges, and learning increase the level of entrepreneurial skills of young entrepreneurs. Business students were found to have a higher entrepreneurial mindset than others student respondents. A recommendation of combining entrepreneurship and education through course offerings and deep engagement in entrepreneurial activities of young potential entrepreneurs could lead to a higher level of entrepreneurial intention, mindset, and skills.
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