Determinants of social entrepreneurship intention among youths in Higher Education Institutions

Citation

Mohd Zulkifle, Atikah (2023) Determinants of social entrepreneurship intention among youths in Higher Education Institutions. Masters thesis, Multimedia University.

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Official URL: http://erep.mmu.edu.my/

Abstract

Social entrepreneurship is a form of entrepreneurship that combines business and social goals. It is a recognized approach, that holds promise in addressing both societal and environmental challenges, including poverty eradication. While it's not a standalone solution, it can complement various other initiatives. A low number of social enterprises is not necessarily due to a lack of intention but rather stems from complex factors and circumstances. Thus, to boost social enterprise formation, enhancing social entrepreneurship intention is crucial, requiring a deeper understanding of its dynamics and the development of effective initiatives and programs. There are indications that policymakers acknowledge the significance of social entrepreneurship in achieving economic and social goals. For example, the Malaysian government initiated a Social Entrepreneurship policy framework in 2015, allocating RM20 million to create 1000 social enterprises by 2018. However, as of June 2022, only 414 social enterprises existed in Malaysia, raising doubts about the agenda's viability. Nevertheless, the government's commitment persisted with the launch of the Malaysian Social Entrepreneurship Action Plan 2030 (SEMy2030) in April 2022, aiming to produce 5,000 social entrepreneurs by 2025. Next, Malaysia's youth unemployment rate in 2021 was nearly four times higher than the national average. Social entrepreneurship emerges as a potential solution, leveraging graduates' knowledge, skills, and exposure to create impactful and innovative social enterprises. Investigating the factors influencing Malaysian youth's intention to become social entrepreneurs is essential. This study adopted Hockerts' (2017) framework and introduced four new antecedents: social awareness, prior entrepreneurship experience, cosmopolitanism, and cultural intelligence. A questionnaire was administered to 277 Malaysian tertiary education students and analyzed using partial least squares structural equation modeling (PLS-SEM). The results highlight significant relationships between social awareness, prior entrepreneurship experience, cosmopolitanism, and the intention to become a social entrepreneur among Malaysian youth. Additionally, results indicated that gender operated as a moderator. These findings provide insights for more effective policy interventions and programs aimed at encouraging youth participation in social entrepreneurship.

Item Type: Thesis (Masters)
Additional Information: Call No.: HD60 .A85 2023
Uncontrolled Keywords: Social entrepreneurship
Subjects: H Social Sciences > HD Industries. Land use. Labor > HD28-70 Management. Industrial Management > HD60-60.5 Social responsibility of business
Divisions: Faculty of Management (FOM)
Depositing User: Ms Nurul Iqtiani Ahmad
Date Deposited: 27 Nov 2023 05:02
Last Modified: 27 Nov 2023 05:02
URII: http://shdl.mmu.edu.my/id/eprint/11853

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