Overview of Student Entrepreneurship in Indonesia

Abstract

The economic progress can be determined by how large its population becomes entrepreneurs. Currently, entrepreneurs in Indonesia have reached 3.47% of the total population. However, it is still below Singapore, which has reached 8.76%, Malaysia 4.75%, and Thailand 4.26%. Although still lagging, Indonesia has been able to pass the minimum standard to become a developed country, which is 2%. The increase in the number of entrepreneurs in Indonesia is inseparable from the increase in the entrepreneurial spirit of the younger generation. This article tries to describe student entrepreneurship in terms of entrepreneurial intentions, level of entrepreneurial competence, and entrepreneurial self-efficacy and looks at entrepreneurship education's impact. Research data was collected through a questionnaire sent to students via google form. The sample used is 304 students from various universities. The research findings, the level of entrepreneurial intention is 5.92; entrepreneurship competence is 5.75; entrepreneurial self-efficacy is 5.62; the impact of entrepreneurship education is 5.81, all of which are in the very high category (scale 1-7). Students' entrepreneurial intention outside Java is slightly higher than that of Java. The level of entrepreneurial competence of students outside Java is also slightly higher at 5.75, while in Java, it is 5.71. The level of entrepreneurial self-efficacy of students is relatively not different between islands. The effectiveness of entrepreneurship education needs to be improved so that the number of entrepreneurs continues to grow.