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Enhancing the Entrepreneurial Spirit: The Role of Entrepreneurial Attitude Orientation and Psychological Capital

In: Entrepreneurship and Human-Centric Business Strategies for Social and Economic Resilience

Author

Listed:
  • I. Gede Rihayana

    (Universitas Mahasaraswati Denpasar, Faculty of Economics and Business)

  • I. Gusti Ngurah Bagus Gunadi

    (Universitas Mahasaraswati Denpasar, Faculty of Economics and Business)

  • I. B. K. Surya

    (Universitas Udayana, Faculty of Economics and Business)

  • Tjokorda Gede Raka Sukawati

    (Universitas Udayana, Faculty of Economics and Business)

  • I. Gede Riana

    (Universitas Udayana, Faculty of Economics and Business)

Abstract

The limited scholarly interest in investigating the entrepreneurial aspirations of young generations has resulted in an inadequate understanding of the factors underlying their low entrepreneurial intention. This study aims to identify the factors that can enhance entrepreneurial intention among young people. The researchers hypothesized that entrepreneurial attitude orientation (EAO) and psychological capital (PC) are critical determinants in fostering entrepreneurial intention (EI). The study employed a sample of 185 final-year students from a private university in Bali, selected using purposive sampling. Data were analyzed using descriptive statistics and path analysis with SPSS to test the hypotheses. The results revealed that EAO positively influences both PC and EI. Furthermore, PC was found to be a significant mediator in the relationship between EAO and EI. The findings underscore the pivotal role of EAO and PC in enhancing EI, with evidence indicating that PC is a stronger predictor of EI. The study offers novelty by highlights the mediating role of PC, showing that positive psychological capacities are stronger predictors of EI than EAO. This suggests that individuals’ positive psychological capacities exert a greater influence on entrepreneurial intention than their psychological characteristics.

Suggested Citation

  • I. Gede Rihayana & I. Gusti Ngurah Bagus Gunadi & I. B. K. Surya & Tjokorda Gede Raka Sukawati & I. Gede Riana, 2026. "Enhancing the Entrepreneurial Spirit: The Role of Entrepreneurial Attitude Orientation and Psychological Capital," Springer Proceedings in Business and Economics, in: Singha Chaveesuk & Seungwoo Shin & Sebastian Kot & Bilal Khalid (ed.), Entrepreneurship and Human-Centric Business Strategies for Social and Economic Resilience, pages 2137-2148, Springer.
    • Handle: RePEc:spr:prbchp:978-981-95-6415-6_133
    DOI: 10.1007/978-981-95-6415-6_133
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