Examining Business Undergraduate Students’ Intention for Creating Sustainable Entrepreneurship in Indonesia

Authors

  • Henry Pribadi School of Business and Economics, Universitas Prasetiya Mulya, Jl. R. A. Kartini (TB Simatupang), Cilandak Barat, DKI Jakarta 12430, Indonesia

DOI:

https://doi.org/10.21632/irjbs.16.1.65-82

Keywords:

sustainability entrepreneurship, intention model, undergraduate students, Indonesia

Abstract

This paper examined how intention to create sustainability entrepreneurship among undergraduate business students is influenced by various variables. Implementing the theory of planned behaviors from previous research, a framework model is created and analyzes a sample of undergraduate students majoring in business at Universitas Prasetiya Mulya, Indonesia. The result of this research provides an initial picture of how various antecedents affect the intention of sustainability entrepreneurship compared to previous research in Indonesia. Practical findings suggested that, in order to leverage the intention to participate in sustainability entrepreneurship, it is imperative to focus more on creating intrinsic motivation for next-generation entrepreneurs by implementing an integrative approach in the educational context with a focus on real-life, action-based sustainability projects and focus more in utilizing digital platform and social media.

References

Ajzen, I. (2002). Perceived Behavioral Control, Self-Efficacy, Locus of Control, and the Theory of Planned Behavior 1

. Journal of

Applied Social Psychology, 32(4), 665–683. https://doi.org/10.1111/j.1559-1816.2002.tb00236.x

Ajzen, I. (2020). The theory of planned behavior: Frequently asked questions. Human Behavior and Emerging Technologies,

(4), 314–324. https://doi.org/10.1002/HBE2.195

Alzahrani, A. I., Mahmud, I., Ramayah, T., Alfarraj, O., & Alalwan, N. (2017). Extending the theory of planned behavior (TPB)

to explain online game playing among Malaysian undergraduate students. Telematics and Informatics, 34(4), 239–251.

https://doi.org/10.1016/J.TELE.2016.07.001

Anand, A., Argade, P., Barkemeyer, R., & Salignac, F. (2021). Trends and patterns in sustainable entrepreneurship

research: A bibliometric review and research agenda. Journal of Business Venturing, 36(3). https://doi.org/10.1016/J.

JBUSVENT.2021.106092

Azmat, F., Jain, A., & Sridharan, B. (2023). Responsible management education in business schools: Are we there yet? Journal

of Business Research, 157, 113518. https://doi.org/10.1016/J.JBUSRES.2022.113518

Barrera Verdugo, G., & Villarroel Villarroel, A. (2021). Measuring the association between students’ exposure to social media

and their valuation of sustainability in entrepreneurship. Heliyon, 7(6). https://doi.org/10.1016/J.HELIYON.2021.E07272

Charina, A., Kurnia, G., Mulyana, A., & Mizuno, K. (2022). Sustainable Education and Open Innovation for Small Industry

Sustainability Post COVID-19 Pandemic in Indonesia. Journal of Open Innovation: Technology, Market, and Complexity,

(4), 215. https://doi.org/10.3390/JOITMC8040215

de Morais, L. H. L., Pinto, D. C., & Cruz-Jesus, F. (2021). Circular economy engagement: Altruism, status, and cultural orientation

as drivers for sustainable consumption. Sustainable Production and Consumption, 27, 523–533. https://doi.org/10.1016/J.

SPC.2021.01.019

Demarque, C., Apostolidis, T., & Joule, R. V. (2013). Consideration of future consequences and pro-environmental decision

making in the context of persuasion and binding commitment. Journal of Environmental Psychology, 36, 214–220.

https://doi.org/10.1016/J.JENVP.2013.07.019

Frizon, J. A., & Eugénio, T. (2022). Recent developments on research in sustainability in higher education management

and accounting areas. The International Journal of Management Education, 20(3), 100709. https://doi.org/10.1016/J.

IJME.2022.100709

Galindo-Martín, M. Á., Castaño-Martínez, M. S., & Méndez-Picazo, M. T. (2021). Effects of the pandemic crisis on entrepreneurship

and sustainable development. Journal of Business Research, 137, 345–353. https://doi.org/10.1016/J.JBUSRES.2021.08.053

Gregori, P., & Holzmann, P. (2020). Digital sustainable entrepreneurship: A business model perspective on embedding digital

technologies for social and environmental value creation. Journal of Cleaner Production, 272, 122817. https://doi.

org/10.1016/j.jclepro.2020.122817

Gu, W., & Wang, J. (2022). Research on index construction of sustainable entrepreneurship and its impact on economic

growth. Journal of Business Research, 142(May 2021), 266–276. https://doi.org/10.1016/j.jbusres.2021.12.060

Günther, J., Overbeck, A. K., Muster, S., Tempel, B. J., Schaal, S., Schaal, S., Kühner, E., & Otto, S. (2022). Outcome indicator

development: Defining education for sustainable development outcomes for the individual level and connecting them

to the SDGs. Global Environmental Change, 74, 102526. https://doi.org/10.1016/J.GLOENVCHA.2022.102526

Gupta, M., & Dharwal, M. (2022). Green entrepreneurship and sustainable development: A conceptual framework. Materials

Today: Proceedings, 49, 3603–3606. https://doi.org/10.1016/J.MATPR.2021.08.148

Hametner, M. (2022). Economics without ecology: How the SDGs fail to align socioeconomic development with environmental

sustainability. Ecological Economics, 199, 107490. https://doi.org/10.1016/J.ECOLECON.2022.107490

Hardy, C. L., & Van Vugt, M. (2006). Nice guys finish first: The competitive altruism hypothesis. Personality and Social Psychology

Bulletin, 32(10), 1402–1413. https://doi.org/10.1177/0146167206291006

Horng, J. S., Liu, C. H., Chou, S. F., Yu, T. Y., Fang, Y. P., & Huang, Y. C. (2022). Student’s perceptions of sharing platforms and

digital learning for sustainable behaviour and value changes. Journal of Hospitality, Leisure, Sport & Tourism Education,

, 100380. https://doi.org/10.1016/J.JHLSTE.2022.100380

Imbulana Arachchi, J., & Managi, S. (2021). Preferences for energy sustainability: Different effects of gender on knowledge

and importance. Renewable and Sustainable Energy Reviews, 141, 110767. https://doi.org/10.1016/J.RSER.2021.110767

Jena, R. K. (2020). Measuring the impact of business management Student’s attitude towards entrepreneurship education

on entrepreneurial intention: A case study. Computers in Human Behavior, 107, 106275. https://doi.org/10.1016/j.

chb.2020.106275

Joseph F. Hair, William C. Black, Barry J. Babin, Ralph E. Anderson, S. (2019). Multivariate data analysis. xvii, 813 pages : https://

books.google.com/books/about/Multivariate_Data_Analysis.html?hl=fr&id=0R9ZswEACAAJ

Khajuria, A., Atienza, V. A., Chavanich, S., Henning, W., Islam, I., Kral, U., Liu, M., Liu, X., Murthy, I. K., Oyedotun, T. D. T., Verma,

P., Xu, G., Zeng, X., & Li, J. (2022). Accelerating circular economy solutions to achieve the 2030 agenda for sustainable

development goals. Circular Economy, 1(1), 100001. https://doi.org/10.1016/J.CEC.2022.100001

Kim, J., Ju, J., & Kim, J. (2023). The effects of consideration of future consequences and CSR fit in stigmatized industries: Perceived

CSR motives as mediators. Public Relations Review, 49(1), 102294. https://doi.org/10.1016/J.PUBREV.2023.102294

Kummitha, H. R., & Kummitha, R. K. R. (2021). Sustainable entrepreneurship training: A study of motivational factors. The

International Journal of Management Education, 19(1), 100449. https://doi.org/10.1016/J.IJME.2020.100449

Kusmulyono, M. S., & Alvita Fiorentina, C. A. H. K. K. L. W. M. C. L. R. I. S. S. P. N. D. A. S. (2020). UPAYA PENINGKATAN JEJARING

UMK KECAMATAN CUGENANG MELALUI PENDIRIAN ASOSIASI PENGUSAHA CUGENANG. KUAT : Keuangan Umum Dan

Akuntansi Terapan, 2(2), 77–86. https://doi.org/10.31092/KUAT.V2I2.775

Kusmulyono, M. S., Dhewanto, W., & Famiola, M. (2023). Energizing Higher Education Sustainability through Rural-Community

Development Activation. Sustainability 2023, Vol. 15, Page 2222, 15(3), 2222. https://doi.org/10.3390/SU15032222

Kusumawardani, K. A. (2020). Family Comes First : An Investigation on Entrepreneurial Intention among Chinese Indonesian

Gen Z. International Journal of Family Business Practices, 3(1), 39–54.

Laor, T., & Galily, Y. (2022). Who’S clicking on on-demand? media consumption patterns of generations Y & Z. Technology in

Society, 70, 102016. https://doi.org/10.1016/J.TECHSOC.2022.102016

Leal Filho, W., Salvia, A. L., & Eustachio, J. H. P. P. (2023). An overview of the engagement of higher education institutions in

the implementation of the UN Sustainable Development Goals. Journal of Cleaner Production, 386, 135694. https://doi.

org/10.1016/J.JCLEPRO.2022.135694

Maresch, D., Harms, R., Kailer, N., & Wimmer-Wurm, B. (2016). The impact of entrepreneurship education on the entrepreneurial

intention of students in science and engineering versus business studies university programs. Technological Forecasting

and Social Change, 104, 172–179. https://doi.org/10.1016/j.techfore.2015.11.006

Mendini, M., Peter, P. C., & Maione, S. (2022). The potential positive effects of time spent on Instagram on consumers’

gratitude, altruism, and willingness to donate. Journal of Business Research, 143, 16–26. https://doi.org/10.1016/J.

JBUSRES.2022.01.046

Muñoz, P., & Cohen, B. (2018). Sustainable Entrepreneurship Research: Taking Stock and looking ahead. Business Strategy and

the Environment, 27(3), 300–322. https://doi.org/10.1002/BSE.2000

Mustafa, M. H., Ahmad, M. B., Shaari, Z. H., & Jannat, T. (2021). Integration of TAM, TPB, and TSR in understanding library user

behavioral utilization intention of physical vs. E-book format. The Journal of Academic Librarianship, 47(5), 102399.

https://doi.org/10.1016/J.ACALIB.2021.102399

Nave, A., & Franco, M. (2019). University-Firm cooperation as a way to promote sustainability practices: A sustainable

entrepreneurship perspective. Journal of Cleaner Production, 230, 1188–1196. https://doi.org/10.1016/J.

JCLEPRO.2019.05.195

Omri, A., & Afi, H. (2020). How can entrepreneurship and educational capital lead to environmental sustainability? Structural

Change and Economic Dynamics, 54, 1–10. https://doi.org/10.1016/J.STRUECO.2020.03.007

Panda, T. K., Kumar, A., Jakhar, S., Luthra, S., Garza-Reyes, J. A., Kazancoglu, I., & Nayak, S. S. (2020). Social and environmental

sustainability model on consumers’ altruism, green purchase intention, green brand loyalty and evangelism. Journal of

Cleaner Production, 243, 118575. https://doi.org/10.1016/J.JCLEPRO.2019.118575

Pribadi, H., & Agustiawan, S. (2021). INTENSI CALON PENERUS BISNIS KELUARGA: MEMAHAMI SUDUT PANDANG GENERASI

PENERUS DALAM MELANJUTKAN BISNIS KELUARGA DI MASA DEPAN. MIX: JURNAL ILMIAH MANAJEMEN, 11(2), 185–

https://doi.org/10.22441/mix.2021.v11i2.003

Pribadi, H., & Agustiawan, S. (2022). Succession Intention in Continuing Family Business in Indonesia during the Covid-19

Pandemic. International Research Journal of Business Studies, 14(3), 267–282. https://doi.org/10.21632/IRJBS.14.3.267-282

Purusottama, A., Purusottama, A., Trilaksono, T., & Soehadi, A. W. (2018). COMMUNITY-BASED ENTREPRENEURSHIP: A

COMMUNITY DEVELOPMENT MODEL TO BOOST ENTREPRENEURIAL COMMITMENT IN RURAL MICRO ENTERPRISES.

MIX: JURNAL ILMIAH MANAJEMEN, 8(2), 429–448. https://doi.org/10.22441/mix.2018.v8i2.015

Rana, N. P., Slade, E., Kitching, S., & Dwivedi, Y. K. (2019). The IT way of loafing in class: Extending the theory of planned

behavior (TPB) to understand students’ cyberslacking intentions. Computers in Human Behavior, 101, 114–123. https://

doi.org/10.1016/J.CHB.2019.07.022

Rice, C., Ragbir, N. K., Rice, S., & Barcia, G. (2020). Willingness to pay for sustainable aviation depends on ticket price, greenhouse

gas reductions and gender. Technology in Society, 60, 101224. https://doi.org/10.1016/J.TECHSOC.2019.101224

Romero-Colmenares, L. M., & Reyes-Rodríguez, J. F. (2022). Sustainable entrepreneurial intentions: Exploration of a model

based on the theory of planned behaviour among university students in north-east Colombia. International Journal of

Management Education, 20(2), 100627. https://doi.org/10.1016/j.ijme.2022.100627

Sakdiyakorn, M., Golubovskaya, M., & Solnet, D. (2021). Understanding Generation Z through collective consciousness:

Impacts for hospitality work and employment. International Journal of Hospitality Management, 94, 102822. https://doi.

org/10.1016/J.IJHM.2020.102822

Septiana, L. M., & Kholid, M. N. (2022). DETERMINANTS OF ENTREPRENEURIAL CAREER CHOICE: AN EMPIRICAL STUDY OF

ACCOUNTING STUDENTS. Jurnal Ekonomi Bisnis Dan Kewirausahaan, 11(1), 100–115. https://doi.org/10.26418/JEBIK.

V11I1.53125

Sharma, M., Kaushal, D., & Joshi, S. (2023). Adverse effect of social media on generation Z user’s behavior: Government

information support as a moderating variable. Journal of Retailing and Consumer Services, 72, 103256. https://doi.

org/10.1016/J.JRETCONSER.2023.103256

Sharma, S., Goyal, D. P., & Singh, A. (2020). Systematic review on sustainable entrepreneurship education (SEE): a framework

and analysis. World Journal of Entrepreneurship, Management and Sustainable Development, 17(3), 372–395. https://doi.

org/10.1108/WJEMSD-05-2020-0040/FULL/XML

Shi, J., Li, Z., Chen, L., & Tang, H. (2023). Individual and Collective Actions Against Climate Change Among Chinese Adults: The

Effects of Risk, Efficacy, and Consideration of Future Consequences. Https://Doi.Org/10.1177/10755470231151452. https://

doi.org/10.1177/10755470231151452

Soosai-Nathan, L., Negri, L., & Delle Fave, A. (2013). Beyond Pro-Social Behaviour: An Exploration of Altruism in Two Cultures.

Psychological Studies, 58(2), 103–114. https://doi.org/10.1007/S12646-013-0184-Z

Strathman, A., Gleicher, F., Boninger, D. S., & Edwards, C. S. (1994). The Consideration of Future Consequences: Weighing

Immediate and Distant Outcomes of Behavior. Journal of Personality and Social Psychology, 66(4), 742–752. https://doi.

org/10.1037/0022-3514.66.4.742

Taddei, E., Sassanelli, C., Rosa, P., & Terzi, S. (2022). Circular supply chains in the era of industry 4.0: A systematic literature

review. Computers & Industrial Engineering, 170, 108268. https://doi.org/10.1016/J.CIE.2022.108268

Thelken, H. N., & de Jong, G. (2020). The impact of values and future orientation on intention formation within sustainable

entrepreneurship. Journal of Cleaner Production, 266, 122052. https://doi.org/10.1016/J.JCLEPRO.2020.122052

Ulker-Demirel, E., & Ciftci, G. (2020). A systematic literature review of the theory of planned behavior in tourism, leisure and

hospitality management research. Journal of Hospitality and Tourism Management, 43, 209–219. https://doi.org/10.1016/j.

jhtm.2020.04.003

UNDP. (2021). UNDP Annual Report 2020 | United Nations Development Programme. https://www.undp.org/publications/

undp-annual-report-2021

Vasantha, R. N., & Harinarayana, N. S. (2016). Online survey tools : A case study of Google Forms Online. Scientific, Computational

& Information Research Trends in Engineering, 1, 1–12. https://www.researchgate.net/publication/326831738

Yu, J., Wu, Y., & Wang, J. (2022). An Empirical Study of the Mechanism and Pathof Green Management Education

InfluencingUniversity Students’ Green Behaviors in China. Polish Journal of Environmental Studies. https://doi.

org/10.15244/PJOES/148066

Zafar, A. U., Shen, J., Ashfaq, M., & Shahzad, M. (2021). Social media and sustainable purchasing attitude: Role of trust in

social media and environmental effectiveness. Journal of Retailing and Consumer Services, 63, 102751. https://doi.

org/10.1016/J.JRETCONSER.2021.102751

Zellweger, T., Sieger, P., & Halter, F. (2011). Should I stay or should I go? Career choice intentions of students with family

business background. Journal of Business Venturing, 26(5), 521–536. https://doi.org/10.1016/j.jbusvent.2010.04.001

Zeng, X., Ogunseitan, O. A., Nakamura, S., Suh, S., Kral, U., Li, J., & Geng, Y. (2022). Reshaping global policies for circular

economy. Circular Economy, 1(1), 100003. https://doi.org/10.1016/J.CEC.2022.100003

Downloads

Submitted

09/04/2024

Published

07/30/2023

How to Cite

Pribadi, H. (2023). Examining Business Undergraduate Students’ Intention for Creating Sustainable Entrepreneurship in Indonesia. International Research Journal of Business Studies, 16(1), 65-82. https://doi.org/10.21632/irjbs.16.1.65-82

How to Cite

Pribadi, H. (2023). Examining Business Undergraduate Students’ Intention for Creating Sustainable Entrepreneurship in Indonesia. International Research Journal of Business Studies, 16(1), 65-82. https://doi.org/10.21632/irjbs.16.1.65-82