Does Entrepreneurial Ecosystem Drive Entrepreneurial Intention and Students’ Business Preparation? Lesson from Indonesia

Abstract

Finding the way out for new business creation has been a global issue and the Indonesian government responded to this issue by promoting the entrepreneurship program for students. For this matter, understanding the role of entrepreneurial ecosystem can be used to design and promote business from universities students. This study employed structural equation modeling with partial least square to raise understanding among variables. This study involved entrepreneurial ecosystem to explain the intention for business among university Indonesian students. The findings indicate that entrepreneurial ecosystem robustly links with students’ entrepreneurial intention and new business creation. This study confirms that access to finance, government programs and support, access to physical infrastructure factors, education and training factors are crucial for determining Indonesian university students’ business. The theoretical and practical implications were provided in this research.