DETERMINANT ANALYSIS OF ENTREPRENEURIAL INTENTION AMONG MILLENNIAL IN YOGYAKARTA, INDONESIA
Keywords:
Millennial, Entrepreneurial Intention, Yogyakarta.
Abstract
This study aims to analyze the determinant of millennial entrepreneurial intention in Yogyakarta. The subject in this study was the people resident in Yogyakarta with the age of 19 to 39 years old. Respondents were selected using a purposive sampling method. The data were gathered using questionnaires and analyzed by using multiple linear regression analysis. The finding of this study shows that overall the attitude, perceived behavioral control, family background, entrepreneurial knowledge, and social media have a positive and significant impact on entrepreneurial intention simultaneously. Whereas separately the results show that attitude, behavioral control, family background, and social media have a positive and significant impact on entrepreneurial intention while entrepreneurial knowledge has a negative and insignificant of the millennial generation in Yogyakarta. Overall, this research provides some crucial insights for Yogyakarta’s local government to highlight possible steps for policy makers as a reference for entrepreneurship development.
References
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Ferreira, J. J., Raposo, M. L., Rodrigues, R. G., Dinis, A., & Paço, A. D. (2012). A model of entrepreneurial intention: An application of the psychological and behavioral approaches. Journal of Small Business and Enterprise Development, 19(3), 424-440.
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Islam, K. A., & Miajee, M. R. K. (2018). Small and Medium Enterprises (SMEs) Financing in Bangladesh: A Review of Literature. International Journal of Small and Medium Enterprises, 1(1), 11-15. https://doi.org/10.46281/ijsmes.v1i1.62
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Ohanu, I. B. (2018). Determinant factors of entrepreneurship intentions of electronic technology education students in Nigerian Universities, Journal of Global Entrepreneurship Research, 8, 36.
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Ryder, N. B. (1965). The cohort as a concept of social change, American Sociological Review, 30(6), 843–861.
Santosa, T. D. (2014). Factors that affect entrepreneurial intentions among students in STMIK Duta Bangsa Surakarta, 7(September), 78–91.
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Strauss, W., & Howe, N. (1991). Generation.
Umukoro, O. S. & Okurame, D. E. (2018). Role of mentoring in career adaptability and ambiguity tolerance of potential Nigerian entrepreneurs: the moderating effect of age’, Journal of Global Entrepreneurship Research, 8, 33.
Wang, Y. M., & Lin, Y. S. (2016). Determinants of Internet Entrepreneurship Intentions among Business School Students, International Journal of Information and Education Technology, 6(10), 754–758.
Wulandari, S. (2000). The effects of Self-Efficiency on Entrepreneurial Intention among Students in SMK Negeri 1 Surabaya, Artikel Skripsi, 1–2.
Zimmerer, T. W. (2002). Introduction Entrepreneurship and Management Small Business. 1st eds.
Ayob, N., Yap, C. S., Sapuan, D. A., & Rashid, M. Z. A. (2013). Social entrepreneurial intention among business undergraduates: An emerging economy perspective. Gadjah Mada International Journal of Business, 15(3), 249-267.
Ajzen, I. & Fishbein, M. (2005). The influence of attitudes on behavior, The handbook of attitudes, 173(221), 31.
Ardiyani, N. & Kusuma, A. (2016). The effects of Attitude, Education and Family Environment on Interest in Entrepreneurship, E-Jurnal Manajemen Universitas Udayana, 5(8), 5155–5183.
Bureau Regional Secretariat Administration Yogyakarta. (2018). The amount of Population Yogyakarta in 2018.
Berkup, S. B. (2014). Working with generations X and Y in generation Z period: Management of different generations in business life. Mediterranean Journal of Social Sciences, 5(19), 218-218.
Census Bureau Reports. (2015). Millennials Outnumber Baby Boomers and Are Far More Diverse.
Constantin & Sasu, L. (2015). Demographic Determinant of the Entrepreneurship Intentions. The Case of Romania’, Procedia Economics and Finance, 20, 580–585.
Erlina. (2011). Research Methodology: Accountant. Medan: USU PRESS.
Fatmawati, R. (2018). The Influence Of Self-Efficacy, Family Environment And Social Media On Interest In Becoming Entrepreneurs In The Students Of Business Administration Study Program, University Of Sumatera Utara. Universitas Sumatera Utara.
Ferreira, J. J., Raposo, M. L., Rodrigues, R. G., Dinis, A., & Paço, A. D. (2012). A model of entrepreneurial intention: An application of the psychological and behavioral approaches. Journal of Small Business and Enterprise Development, 19(3), 424-440.
Fragoso, R., Rocha-Junior, W., & Xavier, A. (2019). Determinant factors of entrepreneurial intention among university students in Brazil and Portugal, Journal of Small Business & Entrepreneurship, 31.
Hendro, I. (2008). Basic of Entrepreneurship. Erlangga.
Hermawan, C. W. (2009). Adobe Dreamweaver CS4. Yogyakarta: ANDI.
IDN Research Institute. (2019). Indonesia Millennial Report 2019, IDN Media.
Indarti, N. (2015). Factors Affecting Entrepreneurial Intentions Among Indonesian Students’, Journal of Indonesian Economy and Business, 19(1), 57–70.
Islam, K. A., & Miajee, M. R. K. (2018). Small and Medium Enterprises (SMEs) Financing in Bangladesh: A Review of Literature. International Journal of Small and Medium Enterprises, 1(1), 11-15. https://doi.org/10.46281/ijsmes.v1i1.62
Kasmir. (2006). Entrepreneurship. Jakarta : RajaGrafindo Persada.
Listyawati, I. H. (2017). The effect of Attitude, Norms Subjective and Perceived Behavioral Control on Entrepreneurial Intention in Yogyakarta’, Jbma, 4(1), 57–68.
Lee, W. N., Lim, B. P., Lim, L. Y., Ng, H. S., & Wong, J. L. (2012). Entrepreneurial Intention: a Study Among Students of Higher Learning Institution, Entrepreneurial Intention: a Study Among Students of Higher Learning Institution, (August), p. 15.
Maftuah, R. & Suratman, B. (2015). The Influence of Self-Efficacy, Family Environment and Entrepreneurship Knowledge on Student Entrepreneurship Interests in Sidoarjo, Jurnal Ekonomi Pendidikan dan Kewirausahaan, 3(1),121–131. Retrieved from https://journal.unesa.ac.id/index.php/jepk/article/view/749.
Mannheim, K. (1928). Karl Mannheim , Das Problem der Generationen , 1928.
Meredith, G. G. (2002). Kewiraushaan.
Mustofa, M. A. (2014). The Effects Of The Entrepreneurship Knowledge, Self- Efficacy, And Entrepreneurial Character On The Entrepreneurial Interest Grade Xi Students Of Smk Negeri 1 Depok Sleman Regency Kabupaten Sleman. Universitas Negeri Yogyakarta.
Nurhalimah, (2017). Effect of Entrepreneurship Knowledge, Family Factors and Personality Factors Against Interest in Entrepreneurship At Student Management Concentration Entrepreneurship S-I Faculty Management University and Business Economics North Sumatra’.
Ohanu, I. B. (2018). Determinant factors of entrepreneurship intentions of electronic technology education students in Nigerian Universities, Journal of Global Entrepreneurship Research, 8, 36.
Popescu, C. C. (2016). An Analysis of the Determinants of Entrepreneurial Intentions among Students: A Romanian’, International Journal Of Sustainability, 8, 771.
Purwandi, L. (2019). Indonesia 2020 : The Urban Middle-Class Millenials INDONESIA 2020 : The Urban Middle-Class Millennials, Alvara Research Center, (April 2016).
Ropke, J. (2004). On Creating Entrepreneurial Energy Un The Ekonomi Rakyat The Case Of Indonesian Cooperatives, Jurnal Ekonomi KWU, 111, 43–61.
Ryder, N. B. (1965). The cohort as a concept of social change, American Sociological Review, 30(6), 843–861.
Santosa, T. D. (2014). Factors that affect entrepreneurial intentions among students in STMIK Duta Bangsa Surakarta, 7(September), 78–91.
Sobur, A. (2009). Psychology in General. Bandung: Cv. Pustaka Setia.
Stafford, D., & Griffis, H. (2008). A review of millennial generation characteristics and military workforce implications, Center for Naval Analysis, (May). Retrieved from http://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.148.7496&rep=rep1&type=pdf
Strauss, W., & Howe, N. (1991). Generation.
Umukoro, O. S. & Okurame, D. E. (2018). Role of mentoring in career adaptability and ambiguity tolerance of potential Nigerian entrepreneurs: the moderating effect of age’, Journal of Global Entrepreneurship Research, 8, 33.
Wang, Y. M., & Lin, Y. S. (2016). Determinants of Internet Entrepreneurship Intentions among Business School Students, International Journal of Information and Education Technology, 6(10), 754–758.
Wulandari, S. (2000). The effects of Self-Efficiency on Entrepreneurial Intention among Students in SMK Negeri 1 Surabaya, Artikel Skripsi, 1–2.
Zimmerer, T. W. (2002). Introduction Entrepreneurship and Management Small Business. 1st eds.
Published
2020-11-26
How to Cite
Setiartiti, L., & Sadik, N. A. R. (2020). DETERMINANT ANALYSIS OF ENTREPRENEURIAL INTENTION AMONG MILLENNIAL IN YOGYAKARTA, INDONESIA. International Journal of Small and Medium Enterprises, 3(2), 17-34. https://doi.org/10.46281/ijsmes.v3i2.895
Section
Research Paper/Theoretical Paper/Review Paper/Short Communication Paper
Copyright (c) 2020 Lilies Setiartiti, Nur Azizah Ramadanty Sadik
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