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)