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Relationship between Entrepreneurial Personality, Human Capital, and Social Capital with Social Entrepreneurial Intention (SEI) among Students in Higher Education Institutions (HEIs)

DOI: 10.4236/ce.2022.1312248, PP. 3873-3888

Keywords: Social Entrepreneurial Intention (SEI), Entrepreneurial Personality, Human Capital, Social Capital, Students in Higher Learning Institution

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Abstract:

The government responds well to efforts to empower the field of social entrepreneurship through the provision of business grants, recognition of accreditation, and encouragement of activities starting at the higher education level. This effort has had a positive effect on increasing the level of understanding of the concept of social entrepreneurship among its citizens compared to the previous year. Although the percentage is not high, it turns out that the education sector is the biggest contributor to the operation of social enterprises in The State of Social Enterprise in Malaysia 2018. Thus, this sector shows good potential because the majority of entrepreneurs are young people. The change of the goal of this activity from profit maximisation to social orientation has created a gap that needs an explanation of the factors that predict social entrepreneurial intention. This intention study based on the Theory of?Planned Behavior approach,?Ajzen (1991). Therefore, the purpose of this?study was to identify the relationship between entrepreneurial personality, human capital, and social capital with SEI in higher education institutions. A descriptive-correlational study was used on 742 samples consisting of students in HEIs, who were members of social entrepreneurship clubs, based on proportional stratified random sampling. This research instrument met the requirements of the face and content validity as the reliability value exceeded 0.80. Inferential statistics involved analysing the relationship between the entrepreneur’s personality, human capital, and social capital with SEI using Pearson’s correlation coefficient. The findings of the study found that there is a significant positive relationship between entrepreneurial personality, human capital and social capital with SEI. The implications of this study contribute?to the strengthening evidenced through the analysis of the relationship between external factors that act as predictors of SEI. The findings of this study provide guidance to higher education institutions to plan curricula and diversify ideal entrepreneurial culture programme strategies for students.

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