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A Comparative Study of Malaysian and Indonesian Students’ Entrepreneurial Characteristics and Career Choices Resulting from the Digital Economy

Hamid, Nadiah Abd and Kurniasari, Florentina and Taib, Hakimah Aisyah Mohamad and Saheh, Nor Hasnah Mad and Embong, Tengku Fairuz Tengku (2018) A Comparative Study of Malaysian and Indonesian Students’ Entrepreneurial Characteristics and Career Choices Resulting from the Digital Economy. International Journal of Supply Chain Management, 7 (5). pp. 250-258. ISSN 2050-7399

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Abstract

This paper aims to identify the effects of digital economy on students’ entrepreneurial traits and entrepreneurship as career choices, comparatively between Malaysia and Indonesia. A sample of students was randomly selected from public universities and private universities in each country. Confirmatory Factor Analysis (CFA), which is the foundation of structural equation modeling (SEM), has been used. The results evidenced that the digital economy in both countries significantly influencing the entrepreneurial characteristics of the students. However, in Indonesia, the results are significant for all four dimensions of digital economy, while in Malaysia, only two dimensions are found to be significant namely social and cultural environment and the consumer and business adoption. Not only that, despite the entrepreneurial traits the students in Malaysia possessed, in contrast with Indonesian university students, it is discovered that they are reluctant to become entrepreneurs in future. Hence, both Malaysian and Indonesian governments need to keep on supporting the development of digital economy to foster the entrepreneurial traits among students. Plus, the lessons on entrepreneurship can be introduced as important subjects in universities in both countries, especially in Malaysia, to boost students’ entrepreneurial interest.

Item Type: Article
Uncontrolled Keywords: Career Choices, Digital Economy, Entrepreneurial Characteristics, Indonesia, Malaysia
Subjects: H Social Sciences > HB Economic Theory > HB522-715 Income. Factor shares > HB615-715 Entrepreneurship. Risk and uncertainty. Property
H Social Sciences > HD Industries. Land use. Labor > HD72-88 Economic growth, development, planning
T Technology > T Technology (General) > T55 Industrial engineering. Management engineering > T58.5-58.64 Information technology
Divisions: Fakultas Bisnis > Program Studi Magister Manajemen Teknologi
Depositing User: mr admin umn
Date Deposited: 01 Oct 2021 17:20
Last Modified: 06 Oct 2021 00:53
URI: http://kc.umn.ac.id/id/eprint/18459

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