IDEAS home Printed from https://ideas.repec.org/a/eco/journ3/2024-04-18.html

The Dynamic Interplay of Societal Values, Entrepreneurial Abilities and Skill Sets in Shaping and Propelling Entrepreneurial Activity Among South African Higher Learning Students

Author

Listed:
  • Chux Gervase Iwu

    (Department of Management and Entrepreneurship, Faculty of Economic and Management Sciences, University of the Western Cape, Bellville, South Africa)

  • Eugine Tafadzwa Maziriri

    (Department of Management and Entrepreneurship, Faculty of Economic and Management Sciences, University of the Western Cape, Bellville, South Africa)

  • Derek Yu

    (Department of Economics, Faculty of Economic and Management Sciences, University of the Western Cape, Bellville, South Africa)

  • Ayansola Ayandibu

    (Department of Business Management, University of Zululand, South Africa)

Abstract

The primary aim of this study is to investigate how entrepreneurial abilities and societal values impact the entrepreneurial activity of students. By delving into these dynamics, valuable insights into the factors that drive entrepreneurial activity are provided. This research is specifically focused on a South African institution of higher learning, with the intention of providing insights that can be applied to similar educational settings and contribute to the broader discourse on entrepreneurship. The study employed a quantitative approach and was carried out at a comprehensive tertiary educational institution in South Africa. Data was gathered from students through a structured questionnaire. Structural equation modeling (SEM) analysis was used to test the hypothesized model using the Smart PLS software. The results of the structural equation modeling demonstrate a strong and significant positive influence of entrepreneurial abilities/skill sets on entrepreneurial activity. Additionally, societal values on entrepreneurship show a positive but weak significant influence on entrepreneurial activity. Importantly, the results also indicate that societal values on entrepreneurship positively and significantly impact entrepreneurial abilities and skill sets. This research addresses a critical gap by providing detailed insights into the relationships between societal values, entrepreneurial abilities, and entrepreneurial activity in a higher learning context. The practical implications suggest a need for targeted educational interventions, while the theoretical contributions enhance our understanding of the complex dynamics that shape entrepreneurship. This study aligns with the focus and scope of the journal by advancing knowledge in the field of entrepreneurship within educational settings.

Suggested Citation

  • Chux Gervase Iwu & Eugine Tafadzwa Maziriri & Derek Yu & Ayansola Ayandibu, 2024. "The Dynamic Interplay of Societal Values, Entrepreneurial Abilities and Skill Sets in Shaping and Propelling Entrepreneurial Activity Among South African Higher Learning Students," International Review of Management and Marketing, Econjournals, vol. 14(4), pages 169-179, July.
    • Handle: RePEc:eco:journ3:2024-04-18
    as

    Download full text from publisher

    File URL: https://www.econjournals.com/index.php/irmm/article/download/16273/8075
    Download Restriction: no
    File URL: https://www.econjournals.com/index.php/irmm/article/view/16273
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. James Heckman, 2011. "Policies to foster human capital," Voprosy obrazovaniya / Educational Studies Moscow, National Research University Higher School of Economics, issue 3, pages 73-137.
    2. Thomas M Begley & Wee-Liang Tan, 2001. "The Socio-Cultural Environment for Entrepreneurship: A Comparison Between East Asian and Anglo-Saxon Countries," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 32(3), pages 537-553, September.
    3. Krzysztof Zięba & Jakub Golik, 2018. "Testing Students’ Entrepreneurial Self-Efficacy as an Early Predictor of Entrepreneurial Activities. Evidence From the SEAS Project," Journal of Entrepreneurship, Management and Innovation, Fundacja Upowszechniająca Wiedzę i Naukę "Cognitione", vol. 14(1), pages 91-108.
    4. Nusair, Khaldoon & Hua, Nan, 2010. "Comparative assessment of structural equation modeling and multiple regression research methodologies: E-commerce context," Tourism Management, Elsevier, vol. 31(3), pages 314-324.
    5. Alicia Coduras & David Urbano & Álvaro Rojas & Salustiano Martínez, 2008. "The Relationship Between University Support to Entrepreneurship with Entrepreneurial Activity in Spain: A Gem Data Based Analysis," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 14(4), pages 395-406, November.
    6. Rachida Justo & Julio O. De Castro & Alberto Maydeu-Olivares, 2008. "Indicators of entrepreneurship activity: some methodological contributions," International Journal of Entrepreneurship and Small Business, Inderscience Enterprises Ltd, vol. 6(4), pages 604-621.
    7. Joseph F. Hair & G. Tomas M. Hult & Christian M. Ringle & Marko Sarstedt & Kai Oliver Thiele, 2017. "Mirror, mirror on the wall: a comparative evaluation of composite-based structural equation modeling methods," Journal of the Academy of Marketing Science, Springer, vol. 45(5), pages 616-632, September.
    8. S M Kabir & Ahasanul Haque & Abdullah Sarwar, 2017. "Factors Affecting the Intention to Become an Entrepreneur: A Study from Bangladeshi Business Graduates Perspective," Post-Print hal-01580857, HAL.
    9. Tenenhaus, Michel & Vinzi, Vincenzo Esposito & Chatelin, Yves-Marie & Lauro, Carlo, 2005. "PLS path modeling," Computational Statistics & Data Analysis, Elsevier, vol. 48(1), pages 159-205, January.
    10. repec:kap:iaecre:v:14:y:2008:i:4:p:395-406 is not listed on IDEAS
    11. Robert Rybnicek & Sabine Bergner & Alfred Gutschelhofer, 2019. "How individual needs influence motivation effects: a neuroscientific study on McClelland’s need theory," Review of Managerial Science, Springer, vol. 13(2), pages 443-482, April.
    12. Alexander Berman & Marcelo Cano-Kollmann & Ram Mudambi, 2022. "Innovation and entrepreneurial ecosystems: fintech in the financial services industry," Review of Managerial Science, Springer, vol. 16(1), pages 45-64, January.
    13. Katharina Fellnhofer & Sascha Kraus, 2015. "Examining attitudes towards entrepreneurship education: a comparative analysis among experts," International Journal of Entrepreneurial Venturing, Inderscience Enterprises Ltd, vol. 7(4), pages 396-411.
    14. Oswald Jones & Allan Macpherson & Richard Thorpe, 2010. "Learning in owner-managed small firms: Mediating artefacts and strategic space," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 22(7-8), pages 649-673, November.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. José Roberto Frega & Alex Antonio Ferraresi & Carlos Olavo Quandt & Claudimar Pereira da Veiga, 2018. "Relationships Among Knowledge Management, Organisational Innovativeness and Performance: Covariance-Based Versus Partial Least-Squares Structural Equation Modelling," Journal of Information & Knowledge Management (JIKM), World Scientific Publishing Co. Pte. Ltd., vol. 17(01), pages 1-19, March.
    2. Mine Halis & Duygu Yildirim, 2022. "The effect of perceived social support and life orientation on anxiety caused by online education in Covid 19 conditions," International Journal of Research in Business and Social Science (2147-4478), Center for the Strategic Studies in Business and Finance, vol. 11(4), pages 310-322, June.
    3. Cheng, Colin C.J. & Shiu, Eric C., 2020. "What makes social media-based supplier network involvement more effective for new product performance? The role of network structure," Journal of Business Research, Elsevier, vol. 118(C), pages 299-310.
    4. Enrico Ciavolino & Massimo Aria & Jun-Hwa Cheah & José Luis Roldán, 2022. "A tale of PLS Structural Equation Modelling: Episode I— A Bibliometrix Citation Analysis," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 164(3), pages 1323-1348, December.
    5. Kuldeep Singh & Madhvendra Misra & Jitendra Yadav, 2021. "Corporate social responsibility and financial inclusion: Evaluating the moderating effect of income," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 42(5), pages 1263-1274, July.
    6. Abdulrahman Alyami & Salvatore F. Pileggi & Igor Hawryszkiewycz, 2023. "Knowledge development, technology and quality of experience in collaborative learning: a perspective from Saudi Arabia universities," Quality & Quantity: International Journal of Methodology, Springer, vol. 57(4), pages 3085-3104, August.
    7. Soheila Raeisi & Meng Lingjie & Nur Suhaili Binti Ramli, 2019. "A Hierarchical Model of Mediation Effect of Motivation (MO) between Internal Marketing (IM) and Service Innovation (SI)," Administrative Sciences, MDPI, vol. 9(4), pages 1-26, November.
    8. Milad Mirbabaie & Felix Brünker & Nicholas R. J. Möllmann Frick & Stefan Stieglitz, 2022. "The rise of artificial intelligence – understanding the AI identity threat at the workplace," Electronic Markets, Springer;IIM University of St. Gallen, vol. 32(1), pages 73-99, March.
    9. Jörg Henseler & Nick Lee & Ellen Roemer & Ildikó Kemény & Taşkın Dirsehan & John W. Cadogan, 2024. "Beware of the Woozle effect and belief perseverance in the PLS-SEM literature!," Electronic Commerce Research, Springer, vol. 24(2), pages 715-744, June.
    10. Laee Choi & MiRan Kim & He-Boong Kwon, 2022. "Impact of customer-based corporate reputation on customer engagement behaviors: customer identification and brand love as mediators and industry type as a moderator," Journal of Brand Management, Palgrave Macmillan, vol. 29(2), pages 150-166, March.
    11. van Ours, Jan C. & Williams, Jenny & Ward, Shannon, 2015. "Bad Behavior: Delinquency, Arrest and Early School Leaving," CEPR Discussion Papers 10755, C.E.P.R. Discussion Papers.
    12. Andersson, Christian, 2007. "Teacher density and student achievement in Swedish compulsory schools," Working Paper Series 2007:4, IFAU - Institute for Evaluation of Labour Market and Education Policy.
    13. Baird, Matthew D. & Engberg, John & Gutierrez, Italo A., 2022. "RCT evidence on differential impact of US job training programmes by pre-training employment status," Labour Economics, Elsevier, vol. 75(C).
    14. Annie Tubadji & Peter Nijkamp, 2015. "Cultural impact on regional development: application of a PLS-PM model to Greece," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 54(3), pages 687-720, May.
    15. Fali Huang, 2006. "What Matter for Child Development?," Working Papers 24-2006, Singapore Management University, School of Economics.
    16. Ting Chi & Olabisi Adesanya & Hang Liu & Rebecca Anderson & Zihui Zhao, 2023. "Renting than Buying Apparel: U.S. Consumer Collaborative Consumption for Sustainability," Sustainability, MDPI, vol. 15(6), pages 1-16, March.
    17. Chen, Yuanyuan & Feng, Shuaizhang & Han, Yujie, 2020. "The effect of primary school type on the high school opportunities of migrant children in China," Journal of Comparative Economics, Elsevier, vol. 48(2), pages 325-338.
    18. Paolo Di Caro & Roberta Arbolino & Ugo Marani, 2018. "A note on the effects of human capital policies in Italy during the Great Recession," Economics Bulletin, AccessEcon, vol. 38(3), pages 1302-1312.
    19. Huong Thu Le & Ha Trong Nguyen, 2018. "The evolution of the gender test score gap through seventh grade: new insights from Australia using unconditional quantile regression and decomposition," IZA Journal of Labor Economics, Springer;Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 7(1), pages 1-42, December.
    20. Evi Buelens & Marc Theeboom & Jikkemien Vertonghen & Kristine De Martelaer, 2015. "Socially Vulnerable Youth and Volunteering in Sports: Analyzing a Brussels Training Program for Young Soccer Coaches," Social Inclusion, Cogitatio Press, vol. 3(3), pages 82-97.

    More about this item

    Keywords

    ;
    ;
    ;
    ;

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eco:journ3:2024-04-18. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ilhan Ozturk (email available below). General contact details of provider: http://www.econjournals.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.