Article Gold Open Access 2024

BUSINESS EDUCATION, INNOVATION SKILLS AS PREDICTORS OF ENTREPRENEURIAL SELF-EFFICACY IN UNIVERSITY STUDENTS

Journal of Business Economics and Management
Journal · Vol. 25 · Issue 4 · pp. 612-627
Abstract

Considering the importance of entrepreneurship education in the social and economic sphere, the objective of this study was to examine how en-trepreneurship education influences the development of innovative skills and entrepreneurial confidence of university students. To do this, it was necessary to adopt a quantitative methodological perspective to understand the relationship between the study variables. Through the application of confirmatory factor analysis (CFA) and the development of the structural equation model (SEM), it was possible to know and confirm the effect and statistical relationship between the variables. The participants of this research were made up of a total of 701 students under quota sampling selection. Entrepreneurship education has been found to significantly influence the promotion of innovative skills and the development of entrepreneurial self-efficacy. Furthermore, the study reveals that the acquisition of innovation competencies is a prerequisite for students to perform well in the business environment. These competencies not only enable them to adapt to changing environments but also foster creativity, systems thinking, and effective problem-solving. This study provides empirical evidence that en-trepreneurship education is a relevant factor in strengthening and developing students’ innovation competencies and entrepreneurial self-efficacy. © 2024 The Author(s).

Keywords

Author Keywords

entrepreneurship Innovation education Entrepreneurial self-efficacy entrepreneurial skills entrepreneurial capacity

Index Keywords

Author Affiliations
Faculty of Business Sciences, Universidad Peruana Unión, Lima, Lima, Peru
Universidad Peruana Unión, Lima, Lima, Peru
School of Marketing and International Business, Universidad Peruana Unión, Lima, Lima, Peru
Funding & Acknowledgements
Universidad Peruana Unión, UPeU
This work was financed by the Universidad Peruana Union.
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