Entrepreneurial characteristics and entrepreneurial intention: The mediating role of entrepreneurial mindset

Abstract

The purpose of this study is to investigate how entrepreneurial traits and entrepreneurial intention are related, as well as how entrepreneurial mentality functions as a mediator among college students. To provide a thorough grasp of the influence among the constructs, a non-experimental quantitative research strategy using the descriptive correlational technique was employed. A total of 385 fourth-year students majoring in Financial Management (FM) and Human Resource Management (HRM) in their Bachelor of Science in Hospitality Management (BSHM) and Bachelor of Science in Business Administration (BSBA) programs who took entrepreneurial courses participated in this study. The outcome shows that entrepreneurial intention is significantly positively impacted by entrepreneurial traits. Furthermore, both direct and indirect models demonstrate that the association between entrepreneurial traits and entrepreneurial ambition is mediated by entrepreneurial mentality. According to this, entrepreneurial traits like locus of control, drive for success, risk-taking propensity, inventiveness, self-efficacy, and ambiguity tolerance are significant motivators of entrepreneurial intention, and an entrepreneurial mindset will serve as a catalyst to convert these traits into intentions. To gain a better understanding of this dynamic, future research is encouraged to examine more variables and carry out longitudinal studies.