What Makes A Successful Entrepreneur? : A Comparative Study Between Students Who Succeed and Failed In Entrepreneurship Educational Program

Anissa Lestari Kadiyono, Rezki Ashriyana Sulistiobudi


Abstract. There is a growing movement to build entrepreneurs for the future. Higher levels of entrepreneurship education achievement lead to higher earnings and reduce the level of unemployment. In university, there a entrepreneurial program to help college students to build business planning, market research, finance management, and also build student’s confidence to start their entrepreneurship activity. There are funding to their entrepreneurship activity and they will be monitoring and evaluating to ensure their entrepreneurship activity will be succeed. The purpose of this study was to determine the psychological capital in two group students who succeed and failed in entrepreneurship activity after entreprenerial building program in university. The main objective is to compare the impact of different learning activity and experience in shaping their future. Psychological capital refers to one's positive psychological resources, which consist of self-efficacy, hope, optimism, and resilience. The study design used was comparative study and the sample consisted of the students from university enterpreneurial program that have been grouped for the purpose of analysis by their succeed and their failure at their entrepreneurship activity. There are 60 person in succed group and 50 person in failured group. Independent variables in the study include demographic factors and individual background, personality traits and attitudes, and contextual elements suchh as access to capital and information. Frequencies and binary logistic regression was used to analyze the impact of different factors, including participation in entrepreneurship education. Results indicate that both of their psychological capital was found to exert positive level to do entrepreneurship activity. But there is a different level in their resiliency. Succeed students have a more sufficient positive psychology in terms of confidence in their ability, predict many good things with reasons to support it, have a positive motivation and able to work out ways to solve it when encountering problem, and rise and hold on through a negative or positive event in reaching a particular goal.


Keywords: Psychological Capital, Self-Efficacy, Hope, Optimism, Resiliency, Entrepreneurship Educational Program

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