Home⇛Journal of Interdisciplinary Perspectives⇛vol. 3 no. 7 (2025)

Influence of Entrepreneurial Potential Competencies and Characteristics on the Entrepreneurial Intention of Next Generation Entrepreneurs

Jr Mantog | Mary Jane Amoguis

Discipline: business and management (non-specific)

 

Abstract:

The agribusiness industry is experiencing a serious problem that needs an urgent solution – a drastic reduction in youth participation in the industry and, in particular, next generation entrepreneurs. A quantitative research design was employed to investigate the influence of entrepreneurial potential competencies (EPC) and entrepreneurial characteristics (EC) on the entrepreneurial intention (EI) of nextgeneration entrepreneurs in Region XI. 300 next-generation entrepreneurs who, in their senior years in the agribusiness management course, were purposively selected and surveyed using an adapted questionnaire. Descriptive statistics were used to analyze the status of the entrepreneurial intention, potential competencies, and characteristics. At the same time, regression analysis was utilized to examine the influence of EPC and EC on EI. The findings indicated high entrepreneurial intention, entrepreneurial potential competencies, and entrepreneurial characteristics. The regression analysis showed that both EPC and EC influenced EI. EPC was the most influential factor of EI. The next generation of entrepreneurs is interested in starting an enterprise and becoming entrepreneurs with the skills, self-confidence, and attitudes needed to succeed in business. Highlighting continuous entrepreneurial education, practical experience in entrepreneurship, and a positive attitude towards entrepreneurship to the next generation of entrepreneurs would influence their intention to pursue an enterprise.



References:

  1. Abay, K. A., Blalock, G., & Berhane, G. (2017). Locus of control and technology adoption in developing agriculture: Evidence from Ethiopia. Journal of Economic Behavior & Organization, 143, 98-115. https://doi.org/10.1016/j.jebo.2017.09.012
  2. Akhtar, S., Hongyuan, T., Iqbal, S., & Ankomah, F. Y. N. (2020). Impact of need for achievement on entrepreneurial intentions; Mediating role of self-efficacy. Journal of Asian Business Strategy, 10(1), 114. https://doi.org/10.18488/journal.1006.2020.101.114.121
  3. Al-Jubari, I., Hassan, A., & Liñán, F. (2019). Entrepreneurial intention among university students in Malaysia: Integrating self-determination theory and the theory of planned behavior. International entrepreneurship and management journal, 15(4), 1323-1342. https://doi.org/10.1007/s11365-018-0529-0
  4. Anwar, I., & Saleem, I. (2019). Exploring entrepreneurial characteristics among university students: An evidence from India. Asia Pacific Journal of Innovation and Entrepreneurship, 13(3), 282–295. https://doi.org/10.1108/APJIE-07-2018-0044
  5. Aremu, C., Ojuederie, O., Olayanju, A., Modupe, A., Kayode, O., Erere, A., Faith, O., & Adebayo, S. (2021). Agricultural productivity: A key component of inclusive growth towards food security. In O. O. Babalola (Ed.), Food Security and Safety (pp. 195–216). Springer International Publishing. https://doi.org/10.1007/978-3-030-50672-8_11
  6. Ataei, P., Karimi, H., Ghadermarzi, H., & Norouzi, A. A. (2020). Conceptual model of entrepreneurial competencies and their impacts on rural youth’s intention to launch SMEs. Journal of Rural Studies, 75, 185–195. https://doi.org/10.1016/j.jrurstud.2020.01.023
  7. Bate, A. F. (2022). The nexus between uncertainty avoidance culture and risk-taking behaviour in entrepreneurial firms’ decision making. Journal of Intercultural Management, 14(1), 104–132. https://doi.org/10.2478/joim-2022-0004
  8. Rusu, C.-M., Bilţi, R.-S., Barbu, F.-S., & Bălan, L.-S. (2023). The impact of the workforce diversity, innovation capacity and corporate social responsibility on the image of the organization. Proceedings of the International Conference on Business Excellence, 17(1), 1119–1127. https://doi.org/10.2478/picbe-2023-0100
  9. Fauzan, S., Firmansyah, R., Kurniawan, D. T., Rozana, K., & Muzaqi, A. (2020). The influence of psychological character, entrepreneurial managerial competence, communication and network competencies, and self-management competencies on the entrepreneurial intention of rural adolescents. Proceedings of 1st International Conference on Information Technology and Education (ICITE 2020),  506-512. https://doi.org/10.2991/assehr.k.201214.286
  10. Geza, W., Ngidi, M. S. C., Slotow, R., & Mabhaudhi, T. (2022). The dynamics of youth employment and empowerment in agriculture and rural development in South Africa: A scoping review. Sustainability, 14(9), 5041. https://doi.org/10.3390/su14095041
  11. Hair, J. F., Babin, B., Money, A. H., & Samouel, P. (2013). Essentials of business research methods (2nd ed.). Pearson Education.
  12. Kaki, R. S., Mignouna, D. B., Aoudji, A. K., & Adéoti, R. (2023). Entrepreneurial intention among undergraduate agricultural students in the Republic of Benin. Journal of African Business, 24(1), 111-128. https://doi.org/10.1080/15228916.2022.2031584
  13. Keiko Yamaguchi, C., Stefenon, S. F., Ramos, N. K., Silva Dos Santos, V., Forbici, F., Rodrigues Klaar, A. C., Silva Ferreira, F. C., Cassol, A., Marietto, M. L., Farias Yamaguchi, S. K., & De Borba, M. L. (2020). Young people’s perceptions about the difficulties of entrepreneurship and developing rural properties in family agriculture. Sustainability, 12(21), 8783. https://doi.org/10.3390/su12218783
  14. Kline, R. B. (2012). Assumptions in structural equation modeling. Handbook of structural equation modeling. The Guilford Press.
  15. Komarkova, I., Conrads, J., & Collado, A. (2015). Entrepreneurship competence: An overview of existing concepts, policies and initiatives. Depth case study report. Eurpian Commission. 1–156. https://doi.org/10.2791/067979
  16. Lv, Y., Chen, Y., Sha, Y., Wang, J., An, L., Chen, T., Huang, X., Huang, Y., & Huang, L. (2021). How entrepreneurship education at universities influences entrepreneurial intention: Mediating effect based on entrepreneurial competence. Frontiers in Psychology, 12, 655868. https://doi.org/10.3389/fpsyg.2021.655868
  17. Magagula, B., & Tsvakirai, C. Z. (2020). Youth perceptions of agriculture: Influence of cognitive processes on participation in agripreneurship. Development in Practice, 30(2), 234-243. https://doi.org/10.1080/09614524.2019.1670138
  18. Maheshwari, G., Kha, K. L., & Arokiasamy, A. R. A. (2023). Factors affecting students’ entrepreneurial intentions: A systematic review (2005–2022) for future directions in theory and practice. Management Review Quarterly, 73(4), 1903-1970. https://doi.org/10.1007/s11301-022-00289-2
  19. Martyajuarlinda, P., & Kusumajanto, D. D. (2018). Effect of entrepreneurship education and self efficacy towards the intention of entrepreneurship. Jurnal Pendidikan Bisnis Dan Manajemen, 4(3), 142-152. https://doi.org/10.17977/um003v4i32018p142
  20. Mendoza, C. R. C., & Garcia, R. (2023). Phenomenological research on the youth’s experiences on agriculture in the Philippines. New Trends in Qualitative Research, 16. https://doi.org/10.36367/ntqr.16.2023.e767
  21. Addo, L. K. (2018). Factors influencing Agripreneurship and their role in Agripreneurship Performance among young Graduate Agripreneurs. International Journal of Environment, Agriculture and Biotechnology, 3(6), 2051–2066. https://doi.org/10.22161/ijeab/3.6.14
  22. Moradi, E. (2021). Investigating the competencies required for sustainable entrepreneurship development in agricultural higher education. International Journal of Sustainable Entrepreneurship and Corporate Social Responsibility (IJSECSR), 6(2), 1–14. https://doi.org/10.4018/IJSECSR.2021070101
  23. Mubarak, A., Irham, Jangkung, H. M., & Hartono, S. (2019). The influence of entrepreneurship characteristics and competencies on farmers’ entrepreneurial intentions in the border region of North Borneo. IOP Conference Series: Earth and Environmental Science, 250, 012109. https://doi.org/10.1088/1755-1315/250/1/012109
  24. Mulyk, T., & Mulyk, Y. (2020). Innovations in the agricultural business: Problems and prospects in Ukraine. International Journal of Innovative Technologies in Economy, 1(28), 9-18. https://doi.org/10.31435/rsglobal_ijite/31032020/6959
  25. Novanda, R. R., Khaliqi, M., Jamil, A. S., & Bakhtiar, A. (2020). Factors affects agricultural entrepreneurial intention of agribusiness students. IOP Conference Series: Earth and Environmental Science, 454(1), 012038. https://doi.org/10.1088/1755-1315/454/1/012038
  26. Pham, H. D., & Waibel, H. (2018). Risk attitudes, knowledge, skills and agricultural productivity. Econstor. 3–37. https://hdl.handle.net/10419/181426
  27. Philippine Institute of Development Studies. (2024). Ph farms getting empty: Agriculture job loss a worrying trend. Retrieved from https://tinyurl.com/2ty9y2ne
  28. Philippine Statistics Authority. (2018). Gross Regional Domestic Product. Retrieved from https://tinyurl.com/ydvw49am
  29. Priya, M., Sivakumar, S. D., & Hemalatha, S. (2019). A study on entrepreneurial competency of entrepreneurs in micro and small agribusiness enterprises. International Journal of Farm Sciences, 9(4), 11-14. https://doi.org/10.5958/2250-0499.2019.00086.7
  30. Pulka, B. M., Ramli, A., & Mohamad, A. (2021). Entrepreneurial competencies, entrepreneurial orientation, entrepreneurial network, government business support and SMEs performance. The moderating role of the external environment. Journal of Small Business and Enterprise Development, 28(4), 586-618. https://doi.org/10.1108/JSBED-12-2018-0390
  31. Romero, R. S., & Nalangan, R. M. (2023). Assessment of personal entrepreneurial competencies of university of mindanao graduating business students. International Journal of Industrial Management, 17(1), 50-59. https://doi.org/10.15282/ijim.17.1.2023.9213
  32. Santoso, S., & Oetomo, B. S. D. (2018). Influence of motivation and self-efficacy on entrepreneurial intention to run a business. Expert Journal of Marketing, 6(1), 14–21. https://tinyurl.com/yvky4mws
  33. Sargani, G. R., Zhou, D., Mangan, T., & Rajper, H. (2019). Determinants of personality traits influence on entrepreneurial intentions among agricultural students evidence from two different economies. European Journal of Business and Management Research, 4(5). 1-10. https://tinyurl.com/d7fdf4f8
  34. SEARCA. (2023). Aging farmers could add to food insecurity. Retrieved from https://tinyurl.com/2p9tbhcz
  35. Shavazipour, B., & Stewart, T. J. (2023). A novel multi-stage multi-scenario multi-objective optimisation framework for adaptive robust decision-making under deep uncertainty. arXiv. https://doi.org/10.48550/ARXIV.2312.11745
  36. Silviana, S., Widjaja, O. H., & Budiono, H. (2023). The influence of self-efficiency, proactive personality and locus of control on interest in entrepreneurship. International Journal of Application on Economics and Business, 1(4), 2650–2659. https://doi.org/10.24912/ijaeb.v1i4.2650-2659
  37. Simbeko, G., Nguezet, P.-M. D., Sekabira, H., Yami, M., Masirika, S. A., Bheenick, K., Bugandwa, D., Nyamuhirwa, D.-M. A., Mignouna, J., Bamba, Z., & Manyong, V. (2023). Entrepreneurial potential and agribusiness desirability among youths in south kivu, democratic republic of the congo. Sustainability, 15(1), 873. https://doi.org/10.3390/su15010873
  38. Som, S., Burman, R. R., Sharma, J. P., Padaria, R. N., Paul, S., & Singh, A. K. (2018). Attracting and retaining youth in agriculture: Challenges and prospects. Journal of Community Mobilization and Sustainable Development, 13(3), 385–395. https://tinyurl.com/yr8p84u9
  39. Tariq, S., Malik, R., Shah, T. H., Rather, T. A., Aishi, I., & Islam, M. A. (2020). Entrepreneurship intentions of postgraduate agricultural students of SKUAST-K in Kashmir. Journal of Pharmacognosy and Phytochemistry, 9(5), 114–118. https://tinyurl.com/msuumr5s
  40. Tittel, A., & Terzidis, O. (2020). Entrepreneurial competences revised: Developing a consolidated and categorized list of entrepreneurial competences. Entrepreneurship Education, 3(1), 1–35. https://doi.org/10.1007/s41959-019-00021-4
  41. Ude, D. K. (2020). Youth employment challenge and rural transformation in Africa. The Palgrave handbook of agricultural and rural development in Africa. Springer.
  42. Van de Sandt, N., & Mauer, R. (2019). The effects of action-based entrepreneurship education on ambiguity tolerance and entrepreneurial alertness. Journal of Entrepreneurship Education, 22(4), 1-12. https://tinyurl.com/mryr2edk
  43. Yamagishi, K., Gantalao, C., & Ocampo, L. (2024). The future of farm tourism in the Philippines: Challenges, strategies and insights. Journal of Tourism futures, 10(1), 87-109. https://doi.org/10.1108/JTF-06-2020-0101.
  44. Yeboah, F. K., & Jayne, T. S. (2018). Africa’s evolving employment trends. The Journal of Development Studies, 54(5). 803–832. https://doi.org/10.1080/00220388.2018.1430767

Tools


Copyright © 2025  KITE Digital Educational Solutions |  Exclusively distributed by CE-Logic