The Personal Entrepreneurial Competencies (PECs) of the BS in Entrepreneurship Students Batch 2016 of the Mariano Marcos State University, City of Batac, Ilocos Norte, Philippines
Keywords:
Entrepreneurship Education, Personal Entrepreneurial CompetenciesAbstract
Entrepreneurship education plays a significant role in economic development. Moreover, it is a driving force to encourage students to start and manage their businesses by honing their entrepreneurial competencies. The Bachelor of Science in Entrepreneurship of the Mariano Marcos State University, however, struggles to produce graduates who engage in business because they prefer to be employed. Given the premise that entrepreneurship education influences the development and improvement of students' competencies, the researchers probed on the students' Entrepreneurial Competencies (PECs) improved after four years of exposure to entrepreneurship education, as well as the significant difference between their PECs in 2012 and 2016. This study used quantitative research. A questionnaire was designed to elicit the socio-demographic and economic profile of the student respondents. The PECs survey questionnaire, which was adapted from the MSI and McBer Team questionnaire, was used to gather data regarding the PEC profile of the students. The results of the study revealed that the students’ PECs improved in 2016, especially along goal setting. Risk-taking and systematic planning and monitoring however did not have a significant difference.
References
Akeke, M. N. G., Oche, P. E., Akuegwu, B. A., & Ushie, P. U. (2022). Entrepreneurial skills for business education graduates’ employability in Cross River State, Nigeria. Educational Research and Reviews, 17(4), 138-144.
Alusen, M. L. V. (2016). Personal entrepreneurial competencies of LPU-Laguna BSBA graduating students: Basis for curriculum enhancement. LPU–Laguna Journal of Multidisciplinary Research, 4(4), 92-105.
Barot, R. G. C. (2017). Proposed Measures to Motivate the Bachelor of Science in Entrepreneurship Graduates and Students of the Mariano Marcos State University to Establish a Business. [Masteral thesis, Divine Word College of Laoag] Divine Word College of Laoag Research Repository.
Baticados, G., Capuno, N. B., Manipol, N. E. P., Elizondo, E. J. C., Tan, R. L., & Panabang, M. B. (2014). An Analysis of Entrepreneurial Skills and Competencies of Students: The Case of a Philippine University. Journal of Global Business and Trade, 10(1), 37-51.
Bautista, R. S., Barlis, M. J. P., & Nazario, A. G. (2007). The personal entrepreneurial competencies of BS entrepreneurship students of the Cordillera administrative region and practicing entrepreneurs in the cities of Baguio, Dagupan, and San Fernando, La Union: a comparison. In 10th National Convention on Statistics (NCS) EDSA Shangri-La Hotel October1-2.
Buitrago, L., Polinar, M. A., Delantar, A. F., & Buntigao, J. L. (2022). Entrepreneurial Competencies of Accountancy, Business, and Management Students in a Private Institution. JPAIR Multidisciplinary Research, 47(1), 112-125.
Cudia, C. P., Rivera, J. P. R., & Tullao, T. S. (2019). Alleviating poverty in the Philippines through entrepreneurship. DLSU Business & Economics Review, 28(3), 121-130.
Garcia, R., Lara, A. and Lopez, E. Entrepreneurial Competencies in a Higher Education Business Plan Course. Vol. 61 No. 7/8, 2019 pp. 850-869 Emerald Publishing Limited 0040-0912 DOI 10.1108/ET-04-2018-0090
Gonzaga, J. S. (2019). The development of personal entrepreneurial competencies (PEC) on business plan implementation. International Journal of Advanced Research in Management and Social Sciences, 8(2), 363-375.
Kyguolienė, A., & Švipas, L. (2019). Personal entrepreneurial competencies of participants in experiential entrepreneurship education. Organizacijų vadyba: sisteminiai tyrimai, (82), 37-51.
Lackéus, M., & Middleton, K. W. (2015). Venture creation programs: bridging entrepreneurship education and technology transfer. Education+ training.
Leal, E. et.al. (2013). Self-Determination theory: an analysis of student motivation in an accounting degree program. Retrieved, February 21, 2019 from http://www.scielo.br/pdf/rcf/v24n62/en_07.pdf
Lv, Y., Chen, Y., Sha, Y., Wang, J., An, L., Chen, T., ... & Huang, L. (2021). How entrepreneurship education at universities influences entrepreneurial intention: mediating effect based on entrepreneurial competence. Frontiers in Psychology, 12, 655868.
Neck, H. M. and Greene, P. G. (2011) ‘Entrepreneurship Education: Known Worlds and New Frontiers, Journal of Small Business Management, Vol. 49, No. 1, pp. 55–70. https://doi.org/10.1111/j.1540-627x.2010.00314.x
Paladan, N. (2015). Business University Student Entrepreneurial Competencies: Towards Readiness for Globalization. Proceedings of the Second European Academic Research Conference on Global Business, Economics, Finance, and Banking. Retrieved, July 6, 2016, from www.globalbizresearch.org
Pesha, A. (2022). Factors in the Development of Entrepreneurial Competencies. In SHS Web of Conferences (Vol. 135). EDP Sciences.
Pesha, A., Shavrovskaya, M., & Caha, Z. (2021). Comparative Analysis of the Level of Development of Entrepreneurial Competencies among Students in Russia and the Czech Republic. In SHS Web of Conferences (Vol. 90, p. 02007). EDP Sciences.
Potishuk, V., & Kratzer, J. (2017). Factors Affecting Entrepreneurial Intentions and Entrepreneurial Attitudes in Higher Education. Journal of Entrepreneurship Education, 20(1).
Reyes, G. U., Mariano, R. A., Herrera, M. N. Q., Manipol, N. E. P., & Cubardo, J. J. S. (2018). Personal Entrepreneurial Competencies and Entrepreneurial Intention of Non-Business Students Enrolled in an Introductory Entrepreneurship Course. Journal of Economics, Management & Agricultural Development, 4(2390-2021-405), 93-102.
Robles, L. & Zarraga-Rodriguez, M. (2015). Key Competencies for Entrepreneurship. Procedia Economics and Finance, 23, 828-832
Stenholm, P., Ramström, J., Franzén, R., & Nieminen, L. (2021). Unintentional teaching of entrepreneurial competences. Industry and Higher Education, 35(4), 505-517.
Wardana, W. L., Narmaditya, B. S., Wibowo, A., Mahendra, A. M., Wibowo, N. A., Harwida, G. and Rohman, A. N. (2020) ‘The impact of entrepreneurship education and students entrepreneurial mindset: the mediating role of attitude and self-efficacy’, Heliyon, Vol. 6, No. 9., pp. 1–8. https://doi. org/10.1016/j.heliyon. 2020.e04922
Yurtkoru, E. S., Acar, P., & Teraman, B. S. (2014). Willingness to take risk and entrepreneurial intention of university students: An empirical study comparing private and state universities. Procedia-Social and Behavioral Sciences, 150, 834-840.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2024 International Association of Management and Human Resource Development
This work is licensed under a Creative Commons Attribution 4.0 International License.
This work is licensed under a Creative Commons Attribution 4.0 International License.
