TABLE 6 - uploaded by Nor Aishah Buang
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Coleration between entrepreneurial characteristics and motivation factors for involving in entrepreneurship field
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The purpose of this study is to find out what are the motivating factors that influence class F contractors to become entrepreneurs. Those motivating factors include family background, education background, and psychological factors such as sense of freedom, satisfaction, innovation, success, recognition and important roles. The conceptual framewor...
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Citations
... From literature, factors such as need for achievement, job creation and security (Stephan et al., 2015;Benzing & Chu, 2009;Chu et al., 2007); independence, experience, education, internal locus of control, and recognition (Zimmerman & Chu, 2013;Buang & Yusof, 2006;Verwey, 2005); role models and availability of technology (Verwey, 2005) have been indentified as entrepreneurial factors that have motivated establishment of firms and businesses worldwide. Other motivational factors identified include risk taking and survival of the owners (Olomi, 2001), and influence from the politicians (Mfaume & Leonard, 2004). ...
... Other motivational factors identified include risk taking and survival of the owners (Olomi, 2001), and influence from the politicians (Mfaume & Leonard, 2004). These entrepreneurial factors have motivated the establishment of businesses across sectors, including the construction sector (Buang & Yusof, 2006;Verwey, 2005), which was the focus of this study. The construction sector is considered important as it links with other sectors in the economy by providing the required infrastructure necessary for social and economic development (Ministry of Works of Tanzania, 2003). ...
... independence, risk taking, survival of the owners, education, work opportunity, recognition, a need for achievement, and job security (Benzing & Chu, 2009;Chu et al., 2007). In construction industry particularly, factors motivating people to establish construction firms include job security, a need for achievement, independence, role models, education, experience, and availability of technology (Verwey, 2005); personal experience and specific trainings (Buang & Yusof, 2006). ...
Entrepreneurial factors that motivate people to establish firms are closely related to firms' growth. This study analysed the relationship between growth of construction firms in Tanzania and factors that motivate their establishment. A survey to 227 Tanzanian construction firms was undertaken using a questionnaire. With the help of STATA 13.0 Software, data collected was analysed by using a multiple regression analysis .The findings indicate that only the business creation opportunity variable has positive and significant association with the growth of the firms studied, whereas knowledge-based resource and personality traits showed no significant impact. Provision of a link between between groups of entrepreneurial motivation factors and growthof firms by supplying empirical evidence from Tanzania is one of the important inputs to the to the field of entrepreneurship.The indication that not all groups of entrepreneurial motivation factors have the same effects on growth of firms is another contribution of this study.. Therefore, finding out how groups of entrepreneurial motivation factors affect firm's growth is a contribution to the existing literature on entrepreneurship. This study also suggests that understanding the relationship between entrepreneurial motivation factors and firm's growth is necessary for managers of construction firms as it informs them of the importance of creating a working environment that encourages proactivess and creativity at the workplace.
... This kind of support yields and affords a valuable support system throughout an individual's personal and career lives. It can motivate learners to follow an entrepreneurial business and a more challenging business and let them become independent (Buang & Yusof, 2006). The family, for example, develops a climate in which students can grow (Hutagalung et al., 2017). ...
This study examined the mediating effects of entrepreneurial self-efficacy (ESE) on entrepreneurial passion (EP)—entrepreneurial intention (EI) and need for achievement (NA)—EI connections. In addition, through moderated mediation procedure, the study investigated whether social support (SS) could moderate these mediation models in an English as a foreign language (EFL) context. To achieve this aim, 277 EFL learners were conveniently sampled and invited to fill in self-report questionnaires. Reliability and validity of the scales were tested. First, the findings revealed that EP could positively affect EI and ESE, but NA could only positively affect ESE and not EI. Second, it was shown that ESE could significantly mediate the EP-EI and NA-EI links. Third, SS exerted meaningful positive impact on EI and could significantly moderate the indirect effect of EP on EI via ESE. The study ends with theoretical and practical implications for stakeholders and scholars in EFL context.
... Family support plays a pivotal role in inspiring children to choose entrepreneurship as a career option. Parents also tend to encourage their children to take a more challenging career that allows freedom and APJIE 16,2 independence (Buang and Yusof, 2006). This invariably means that families play a crucial role in the new venture creation process. ...
Purpose
This paper aims to examine the determinants of entrepreneurial intention among students of a university in Nigeria, with particular emphasis on their risk-taking propensity, social support and demographic variables.
Design/methodology/approach
Data for the study were collected from 350 undergraduates across seven faculties in Obafemi Awolowo University, Nigeria, through a self-reported questionnaire. Descriptive and regression statistical analysis were used to estimate and test the relationship among entrepreneurial intention and social support, risk-taking propensity and demographic variables.
Findings
The results showed high entrepreneurial intention among the students. The push factors, such as perceived social support from families, risk-taking propensity and previous engagement in business, are key determinants of entrepreneurship intention among the students. The age and father’s occupation also showed a significant relationship with the level of entrepreneurial intention.
Practical implications
This result suggests that strengthening social support for entrepreneurship among students could enhance their desire to own a business during and after graduation. Improving entrepreneurship ecosystems in the university could further motivate those already practicing entrepreneurship while also stimulating intentions among others. For instance, provision of entrepreneurship infrastructure and incentives such as business incubators, innovation hubs, science parks and competitive business grants could enhance the risk-taking propensity among students and motivate them for venture creation.
Originality/value
Understanding the influence of social support and risk-taking propensity on entrepreneurial intention among undergraduates is important for policy and practice. The result further reinforces the need to promote entrepreneurship education to create a critical mass of potential entrepreneurs in the university.
... Students with entrepreneurial views, attitudes, and a high tendency can benefit from entrepreneurship education (Armanurah et al. 2006). It is also a process of developing information and skills concerning all the activities that entrepreneurs engage in, either formally or informally (Buang, 2006). The goal of entrepreneurship education is to help students realize their potential as innovative, proactive, and savvy decision-makers. ...
Entrepreneurship is a branch of study aimed at assisting
students, individuals, and organisations with their
entrepreneurial issues. It is necessary for the country's and
society's economic development. Individuals, communities,
and nations benefit from a wide range of social and
economic benefits that entrepreneurship provides. The
purpose of this article is to compile the results of early
research on the content and method of establishing an
entrepreneurial mindset. As a result, the current state of the
literature on the concept of entrepreneurship has been
consolidated, allowing researchers to better comprehend
its origins, roots, and evolution. The author wishes to
encourage youngsters to become entrepreneurs as early as
primary school. They gain entrepreneurial experience, skills,
and abilities as well as the ability to solve entrepreneurial
difficulties as a result of their efforts. This article explains the
concept of an entrepreneurial mindset in depth, making it
easier for individuals and organisations to participate in
interactive entrepreneurial activities in their daily lives. The
purpose of this study is to conduct a literature review in
order to have a better grasp of the concept of the
entrepreneurial mindset. An in-depth explanation of the
author's different primary subtopics will provide a
comprehensive knowledge of the entrepreneurial mindset.
The literature will explain the methods utilised to instil an
entrepreneurial mindset in children, adolescents, adults,
retirees, and people with disabilities. Furthermore, the
literature will also rationalize the role of entrepreneurial
education on the development of an entrepreneurial
attitude.
... According to Imbaya (2012), family support is a pivotal institution in the life of every person as it provides and offers an indispensable support system throughout his or her entire life. Buang and Yusof (2006) add that family plays a vital role in motivating children to pursue an entrepreneurial career as well as a more challenging career that allows them to become independent. Likewise, researchers Matzek, Gudmunson, and Danes (2010) established that family members provide valuable contributions in the form of paid and unpaid labours to the business and potential entrepreneurs can always depend on this labour during various stages of the venture life cycle. ...
This study extended the research on the relationship between entrepreneurial passion and entrepreneurial intention by developing a moderated mediation model. This study investigated whether entrepreneurial self-efficacy mediates this relationship. Also, this study examines whether the social support moderates this mediation model by conducting a moderated mediation analysis. Using a sample of 500 valid responses from university students, this study established that firstly, entrepreneurial passion positively affects entrepreneurial intention and entrepreneurial self-efficacy. Secondly, the indirect effect of entrepreneurial passion on entrepreneurial intention through entrepreneurial self-efficacy was significant and positive. Thirdly, social support had a positive and significant influence on entrepreneurial intention, while the indirect effect of entrepreneurial passion on entrepreneurial intention through entrepreneurial self-efficacy was moderated by social support. The study culminates with practical implications for scholars and policymakers in South Africa.
... Initially, as the closest environment, the support of family can encourage the interest for entrepreneurship . The family assumes an essential role in inspiring children to pursue entrepreneurial careers; parents are generally inclined to urge their children to take more challenging profession that permits self-freedom and autonomy (Buang & Yusof, 2006). According to Bhatia & Srilatha (2016), family members are an important source of social support. ...
In the present contemporary business environment, students are bound to be inclined towards
entrepreneurship. Hence, this study explored the impact of perceived family support, perceived
desirability and opportunity recognition on entrepreneurial inclination among the students within the
Gauteng Province of South Africa. Despite the extended research on entrepreneurship, the significance
of determining the precursors of entrepreneurial inclination has largely been overlooked, especially in
developing nations of Southern Africa. Hence, the essential goal of this investigation is to fill this void.
The study adopted a quantitative approach and a structured questionnaire was used to collect data from
261 students. The collected data was examined using structural equation modeling, exactly by means
of the AMOS 25 software. This investigation found that perceived family support; perceived
desirability; opportunity recognition positively impacted entrepreneurial inclination in a significant
way. The paper gives helpful implications and a couple of recommendations. For example, this
investigation extends the information base that exists in the field of entrepreneurship by systematically
exploring the impact of perceived family support, perceived desirability and opportunity recognition
on entrepreneurial inclination This study stands to add new knowledge to the present body of
entrepreneurship and small business management literature in Africa – a setting that is regularly
overlooked by academics in developing nations.
... Sugandini et al. (2018) stated that attitude is a better approach for entrepreneurs than personality characteristics. Buang and Yusof (2006) found that education, family business background and other psychological factors did not support to become an entrepreneur. Ferreira et al. (2012) stated that psychological and behavioral factors can test individual attitudes and intentions through entrepreneurial education programs. ...
The aim of this study is examine the entrepreneurial intention model and analyze the influence of education, role model, self-efficacy, self-personality, self-confidence on entrepreneurial intention. The contribution of this study is increasing knowledge about the intentions of young entrepreneurs in developing countries. The study uses questionnaire survey with the respondents of young entrepreneurs who aged 20-30 years and have just started their business. The data analyzed are 200 respondents with 22 question items. The data is analyzed by two step approach to SEM and the direct effects were observed from standardized regression weights. The result shows that the entrepreneurial intention model is accepted. Furthermore, it also shows that education and role models influence self-efficacy. While self-efficacy, self-personality and self-confidence influence entrepreneurial intention.
... Services provided under this scheme include management training, business efficiency, skills acquisition, motivational incentives, etc. Training programmes are available for entrepreneurs in order to expose them to business management practices and build entrepreneurial mind and values through array of upgrading courses. The agencies that offer these programs in providing these programs include the Ministry of entrepreneurship and Cooperative Development ( involve in creation and management of the country's wealth (Hashim,1983;Buang & Yusof, 2006;Omar & Azmi, 2015;Whah, & Cheng Guan, (2015). ...
... Hence, there were serious concerns about the wide income disparity between the Bumiputras and the non-Bumiputras. Therefore, entrepreneurship development assumed much greater significance in Malaysia after the 1969 riot between the main races (Bumiputras or Malays, Chinese and Indians as the non-Bumiputra) (Buang & Yusof, 2006, Halim et al., 2014. Unequivocally, the Malaysian government made it paramount to redress the issue and bridge the growing discontent about the economic inequalities between the races. ...
Right from 1970s, the Malaysian government has employed several initiatives with huge allocations expended towards supporting and creating a robust Bumiputra entrepreneurs community that is competitively competent to face the market and thus stimulate economic growth. However, studies showed that government privileges and assistance did little in building the entrepreneurial culture, competitiveness and achievement of the Bumiputras, as critics kept criticizing the effectiveness of the support. Hence, this study aims to dig out to ascertain the extent to which the supports given by the government to the Bumiputra entrepreneurs has been fruitful and also determine the effectiveness of the support programs. The study employs a qualitative approach by conducting a semi structured interview with executive members of some entrepreneurship agencies in Malaysia.
... Likewise, personality characteristics affect not only the entrepreneurial choice of business but the persistence in the business process (Patel and Thatcher 2014). More so, Buang and Yusof (2006) in their study of Bumiputra contractors in Malaysia noted need for achievement motivation and persistent behaviour as characteristics for successful entrepreneurs, and equally psychological factors. ...
In recent decades, despite the acceleration of women participation and improvement in the economic, social, and political sphere which has heralded a new close-up to gender equality, yet the world scenario still leaves women at a less favourable position. Similarly, literature has indicated the weakness of female-owned enterprises in terms of performance and sustenance. Hence, this study intended to identify if there exists any statistically significant difference in Bumiputras’ entrepreneurial persistence by gender. Therefore, data from micro entrepreneurs in Terengganu was collected. Eventually, an independent t-test result revealed that no statistically significant difference in entrepreneurial persistence between male and female Bumiputras is found. Therefore, this finding asserted that Malaysia acknowledged as one of the fastest developing economies was determined in strengthening women entrepreneurship development. Equally, with a staggering number of the female population which is almost same as the male, Malaysia is tending towards a balanced society where females are allowed significant roles in the society.
... In addition, there were several approaches used to achieve the goal of creating a community of Malaysian entrepreneurial culture to attract Lifelong Learning program participants to entrepreneurship through entrepreneurship education in higher education. The goal was to provide knowledge, encouragement and entrepreneurial skills to these LLL participants [7,8]. The effectiveness of the program was viewed through the business performance in the third quarter of 2014 to the number of employees that showed a positive net balance of 5.4% [1,2]. ...
This study aimed to investigate the perception of Lifelong Learning (LLL) program participants on their readiness to venture into entrepreneurship. Aspects of the level of readiness measured in this study includes; motivation, abilities knowledge and interests of the LLL program participants. The research sample consists of 235 respondents from LLL program participants. The research design was a survey using a quantitative approach that was analyzed using descriptive statistics-specifically frequency counts, percentages and mean. SPSS version 25.0 was used to analyze the data. The instrument used was a questionnaire which had a reliability coefficient of α=0.9, indicating a very high instrument reliability. Findings reveal that the level of readiness of LLL program participants in entrepreneurial knowledge was at moderate level with mean value is 3.6. Meanwhile, readiness level of LLL program participants in terms of entrepreneurial interest was at high level with mean value is 4.1. Readiness in terms of entrepreneurial motivation was at a high level with mean value is 4.2. While readiness in terms of entrepreneurial abilities was moderately high level with mean value is 3.8. Thus, the researchers hope that the results obtained can be exploited by certain parties in order to improve the readiness of lifelong learning program participants in entrepreneurship, thereby producing quality entrepreneurs who can create more jobs to reduce the problem of unemployment in Malaysia.
