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The entrepreneurial potential of business students : An analysis /

Cosino, Mary May

The entrepreneurial potential of business students : An analysis / Mary May Cosino, Elaiza Gobangco, and Leriz Ann Malaluan - Vol 1 (1) pages 26-40 : illustrations ;

I. ABSTRACT

Entrepreneurship plays a critical role in contemporary economies. This study focused on
assessing the extent of entrepreneurial potential of graduating BSBA students. According to Bolton
and Thompson (2003) a person’s character themes are the starting point. They stated that
entrepreneurs have six main character themes and they conveniently form the acronym FACETS:
Focus, Advantage, Creativity, Ego, Team and Social. This study sought to help the students
identify their characters that are directly connected with the concept of entrepreneurship and serve
as an eye opener for them to discover their entrepreneurial capabilities. This study identified the
entrepreneurial potentials of graduating business students who have an inclination to start their
own business right after graduation. With a total of 51 respondents from different schools in Cavite
with the use of frequency counts and percentages, weighted mean and the P-value. The majority
of the respondents were female with an income of 10,000-50,000 monthly. The result showed that
there is no significant difference in the extent of the entrepreneurial potential when respondents
were grouped according to the profile characteristics which are age, sex and family income.
Among the six themes, Team and Social both got Very High Extent while all the other four themes
(Focus, Advantage, Creativity and Ego) all got High Extent. This may imply that the respondents
regard those characteristics which are directly related to the respondents’ interrelationship with
other people (Team and Social) as highly necessary in succeeding in any entrepreneurial venture.
As a general conclusion on the findings of this study, the respondents showed a high extent of
entrepreneurial potential based on Team and Social factors. It should also be noted that when
higher education institutions provide more seminars, activities and practices related to developing
the students’ entrepreneurial skills, it will help them become inclined in putting up their own
business in the future.


Entrepreneur
Entrepreneurial Potential
FACETS (Focus, Advantage, Creativity, Ego, Team and Social)