Do Entrepreneurship Education and Peer Groups Promote Students’ Entrepreneurial Intention During Covid-19 Pandemic? The Mediating Role of Entrepreneurial Mindset

Abstract

The COVID-19 pandemic has not only hurt the economy but also had a positive impact on the development of student mindset to active entrepreneurial intentions. This condition will lead to reduced unemployment. However, even though entrepreneurial intentions have been born among students, the role of lecturers, universities, and government is very crucial to support the implementation of student entrepreneurship to be successful now and in the future. This study aims to investigate how entrepreneurship education and peer groups determine students’ entrepreneurial intentions and examine the emerging role of entrepreneurial mindsets in supporting this relationship. To gain a better understanding of the relationship between variables, a quantitative method based on Structural Equation Modelling (SEM) and variance Partial Least Square (PLS) was used. An online questi onnaire was used to recruit participants from several undergraduate students in Semarang City and Yogyakarta, Indonesia. The findings show that entrepreneurship education and peer groups have a positive and significant effect on both entrepreneurial mindset and students’ entrepreneurial intention. This study also reveals that there is a significant positive correlation between entrepreneurial mindset and students’ entrepreneurial intention. Finally, the findings of this study indicate that the students’ entrepreneurial mindset has significantly succeeded in mediating the relationship between entrepreneurship education and peer groups and students’ entrepreneurial intentions.