Level of Entrepreneurship Competence and Readiness Among Medical Students in A Private University in Shah Alam, Malaysia

Level of Entrepreneurship Competence and Readiness Among Medical Students in A Private University in Shah Alam, Malaysia. Journal of Entrepreneurship and Business, 8 (1). pp. 85-94. ISSN 2289-8298 (2020)



Abstract

Entrepreneurial competence is defined as an individual characteristic, such as knowledge, skills, motives, traits, social roles, and self-images that can result in a new creature. Entrepreneurial readiness is defined as a readiness or preparedness of an individual in pursuing the business. Therefore, the aim of the study is to measure the level of entrepreneurial competence and entrepreneurial readiness among the medical students and its association with the sociodemographic factors. A cross-sectional study was conducted on 284 medical students at a private university. The data were collected using a self-administered questionnaire adapted from previous studies. The percentage of respondents who have a high level of entrepreneurial competence is 95%. For entrepreneurial readiness, 17% of the respondents were not ready, while 62% of them needed to reevaluate themselves before starting any entrepreneurial activity. Only 21% of the respondents were ready to start any entrepreneurial activity. The gender, age, family income, and involvement in entrepreneurial projects are statistically significant to the level of entrepreneurial competence (p=0.01, p<0.001, p<0.001, and p= 0.01, respectively). The family background, marital status, age and involvement in entrepreneurial projects are statistically significant to the level of entrepreneurial readiness. (p= 0.02, p=0.01, p=0.01, and p<0.001, respectively). The level of entrepreneurial competence is mostly high among medical students, but most of them are not ready or need a re-evaluation before starting any entrepreneurial activity. The age and involvement in the entrepreneurial projects were associated with the level of entrepreneurial competence and entrepreneurial readiness.

Item Type: Article
Keywords: Entrepreneurial Competence, Entrepreneurial Readiness
Taxonomy: By Subject > Entrepreneurship > Business Fundamentals
By Subject > Entrepreneurship > Business Planning
Local Content Hub: Subjects > Entrepreneurship
Depositing User: Atirah Ruslan
Date Deposited: 15 Jul 2020 14:05
Last Modified: 15 Jul 2020 14:05
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