Empirical Results of Predicting the Relationship between Value, Attitude, and Intention to Quit as an Entrepreneur

Abstract

Entrepreneurship is one of the important factors in supporting the economy of the country.Experience shows that the economic crisis of a country can be overcome by the strong entrepreneurship in the country.Therefore, entrepreneurship is one important topic that is not only related to practices but also with theory.Related with research and related to entrepreneurship, a lot of research has been done to test students' intentions to become entrepreneurs.In particular, much research on entrepreneurship has been done to explore and predict the various factors that influence teenagers' intentions to become entrepreneurs.However, little research has been done to understand teenagers' intention to quit as entrepreneurs, especially in the context of Indonesian youth.Young entrepreneurs have inherent characteristics such as lack of experience, skill, and some of them are mentally unstable in their work, just as easily as changing their jobs.Therefore, understanding the intention to quit among young entrepreneurs not only can contribute in the entrepreneurial literature, but also can support the Indonesian government, academia, and businessmen themselves in understanding and creating ways to make young entrepreneurs maintain entrepreneurship.Thus, this study aims to predict the relationship between personal value and the intention to quit as entrepreneurs with attitudes towards entrepreneurship as an intermediary variable in the context of young entrepreneurs in Indonesia.Respondents were 150 students collected from a private university in Tangerang, Indonesia.Respondents were collected by purposive sampling technique.Before the data were analyzed by using structural equation modeling (SEM), the reliability and validity of the indicator had been checked first.The results of the analysis show that the relationship between personal values (i.e.instrumental and terminal values) and attitudes is not significant, but attitudes have a significant impact on the intention to quit as entrepreneurs.This paper provides data analysis, discussion of findings and direction for further research.

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