Factors Related to Entrepreneurial Intention Among Engineering and Technology Undergraduates in Thailand: A Confirmatory Factor Analysis (88301)

Session Information: Professional Training, Development & Concerns in Education
Session Chair: Sakesun Yampinij

Wednesday, 27 November 2024 14:50
Session: Session 4
Room: Room 708 (7F)
Presentation Type: Oral Presentation

All presentation times are UTC + 9 (Asia/Tokyo)

The purpose of this research paper is to explore the factors impact to the entrepreneurial intention of undergraduate engineering and technology students in Thailand. The sample group is 420 valid questionnaires by final-year bachelor's degrees in engineering and technology from 7 public and private universities. The research tool is a questionnaire of students' opinions on various factors, including attitudes, self-efficacy, social norms, entrepreneurial network relation and entrepreneurship policies to promote entrepreneurship intention to become entrepreneurs. Conceptual Framework based on Theory of Planned Behavior. Ajzen (1991). Data analysis used first- and second-order Confirmatory Factor Analysis. The results showed that all 5 factors are positively and significantly affect students ‘entrepreneurial intentions at a good level, with CFI = 1.00, NFI = 0.99, GFI = 0.97. Statistically significant component weights at the .01 level in all aspects, ranging from .84 to .95, indicating that all 5 components are statistically significant. Factors directly related to entrepreneurial intention, from most to least, are self-efficacy (0.95), entrepreneurial network relationships (0.90), social norms (0.85), and entrepreneurship policy and attitude equally at (0.84). The research found that students tend to view various situations and think of good opportunities to start their own new business and are confident that they have sufficient knowledge to have their own new business. So, this research may be used to revise the curriculum in university and as a guide to develop and promote entrepreneurship for engineering students after graduation.

Authors:
Piyanan Wongtaweelat, King Mongkut's University of Technology Thonburi, Thailand
Mongkhon Narmluk, King Mongkut’s University of Technology Thonburi, Thailand
Sirimonpak Suwannakhun, King Mongkut’s University of Technology Thonburi, Thailand
Tanes Tanitteerapan, King Mongkut’s University of Technology Thonburi, Thailand


About the Presenter(s)
My name is Piyanan Wongtaweelat, The PH.D. student from King Mongkut's University of Technology Thonburi Thailand
Interests in International commerce, emerging markets.
Current project: Developing entrepreneurial innovation.

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Posted by Clive Staples Lewis

Last updated: 2023-02-23 23:45:00