Psychometric Evaluation of Newly Developed Self-Assessment of Entrepreneurial Competencies

Benedicta Prihatin Dwi Riyanti, Christiany Suwartono

Abstract


Entering the ASEAN economic community today, Indonesia activelyencourages the number of entrepreneurs. One of the primary resourcesis from the graduates of the vocational high school. The school needsa strategic way to evaluate the improvement of its entrepreneurship curriculum. Therefore, we designed a self-assessment of entrepreneurial competencies. The authors developed an assessment consists of various soft skill and hard skill competencies. Participants were asked to assess own abilities, according to the statements provided. The participants were 258 graduated vocational students from Yogyakarta and Jakarta. From 137 preliminary items, we took 24 best items. Results showed that three-factor model provided an adequate fit for the data. Business management capabilities, strategic thinking skills in managing the business, and the ability to see the opportunities emerged as first-order factors. The reliability estimation with the internal consistency method involved the Cronbach’s alpha for all subtests showed excellent results. Future studies are still needed to test the predictive power of the test tool to the success of graduateswho becomean entrepreneur.

Keywords


Keywords - competencies, entrepreneurship, scale construction, self-assessment, vocational school.

Full Text:

PDF

References


Ahmad, N.H., Halim, H.A., &Zainal, S.R.M. (2010). Is Entrepreneurial Competency the Silver Bullet for SME Success in a Development Nation? International Management, 4(2), 670-675.

Arafeh, L. (2016). An Entrepeneurial Key Competencies Model. Journal of Innovation and Entrepreneurship, 5(26), 1-26. DOI. 10.1186/s13731-016-0048-6.

Bentler, P.M. (1990). Comparative fit indexes in structural models. Psychological Bulletin, 107, 238-246.

Bentler, P. M. (1995). EQS structural equations program manual. Encino, CA: Multivariate Software.

Brown, T. (2010). Construct validity: A unitary concept for occupationaltherapy assessment and measurement. Hong Kong Journal of Occupational Therapy, 20(1), 30 – 42.

Chou, C. M., Shen, C. H., Hsiao, H. C., & Chen, S. C. (2010). A study on constructing entrepreneurial competence indicators for business department students of vocational and technical colleges in Taiwan. World Transactions on Engineering and Technology Education, 8(3), 316-320.

Gangani, N., McLean, G. N., & Braden, R. A. (2006). A competency-based human resources development strategy. Performance Improvement Quarterly, 19(1), 127-139.

Holmgren, C., & From, J. (2005). Taylorism of the mind: Entrepreneurship education from a perspective of educational research. European Educational Research Journal, 4(4), 382-390.

Hu, L. T., & Bentler, P. M. (1999). Cut-off criteria for fit indexes in covariance structure analysis: Conventional criteria versus new alternatives. Structural Equation Modeling, 6, 1-55.

Jöreskog, K. G, & Sörbom, D. (1996). LISREL 8 User’s reference guide. Chicago, IL: Scientific Software International.

Jöreskog, K. G., & Sörbom, D. (2006). LISREL (Version 8.80) [Computer software]. Lincolnwood, IL: Scientific Software International.

Kaplan, R. M., & Saccuzzo, D. P. (2013). Psychological testing: Principles, applications, and issues. (8th ed.). Belmont, CA: Thomson Wadsworth.

Kline, R. B. (2005). Principles and practice of structural equation modeling (2nd ed.). New York: Guilford Press.

Kusumandari, R. B. (2013). Model kewirausahaan dalam mengembangkan jika wirausaha siswa SMK Unggulan. Jurnal Ekonomi dan Kebijakan, 6(1), 64 - 79.

Lee, L. & Wong, P. (2006). Entrepreneurship education: a compendium of related issues. In S. Parker (Ed.), The Life Cycle of Entrepreneurial Ventures volume 3 (pp. 79-105). New York: Springer.

Man, T. W. Y., & Lau, T. (2005). The context of entrepreneurship in Hong Kong. Journal of Small Business and Enterprise Development, 12(4), 464-481. Doi: http://dx.doi. org/10.1108/14626000510628162

Man, T. W.Y., Lau, T.,& Chan, K.F. (2002). The competitiveness of small and medium enterprises a conceptualization with focus on entrepreneurial competencies.Journal of Business Venturing, 17, 123–142.

Monsen, E., Mahagaonkar, P., & Dienes, C. (2012). Entrepreneurship in India: the question of occupational transition. Small Business Economics, 39(2), 359–382. DOI: 10.1007/s11187-011-9316-9

Potter, J. (2008). Entrepreneurship and Higher Education. Denver: Organisation for Economic Co-operation and Development.

Rivai,V.,& Sagala,E.J. (2010). Manajemen Sumber Daya Manusia untuk Perusahaan: Dari Teori ke Praktik. Jakarta: Rajawali Press.

Rosas, J., Macedo, P., & Camarinha-Matos, L.M. (2009). An Organization’s Extended (Soft) Competencies Model. In L.M. Camarinha-Matos, I. Paraskakis, & H. Afsarmanesh (Eds.), Leveraging Knowledge for Innovation in Collaborative Networksvolume 307 (pp. 245-256). Berlin: Springer.

Sarwoko, E., Surachman, Armanu, & Hadiwidjojo, D. (2013). Entrepreneurial Characteristics and Competency as Determinants of Business Performance in SMEs. IOSR Journal of Business and Management, 7( 3), 31-35.

Scarborough, N. M., Wilson, D. L. & Zimmerer, T. W. (2009). Small Business Management: An Entrepreneurial Approach (9th ed.). New Jersey: Prentice Hall.

Shane, S., Locke, E. A., & Collins, C. T. (2003). Entrepreneurial motivation.Human Resource Management Review, 13, 25 - 279.

Sherman, G. (2004). Competency-based HRM: A strategic resource for competency mapping. New Delhi, India: Tata McGraw-Hill.

Soejono, F., Mendari, A. S., &Rinamurti, M. (2015). Competency, Entrepreneur Characteristic and Business Performance: Study of the Pempek Business in Palembang. Journal of Indonesia Economy and Business, 30 (1), 30-41.

Spencer, L. M, & Spencer, S. M. (1993). Competence at Work. Canada: John Wiley & Sons, Inc.

Steiger, J. H. (1990). Structural model evaluation and modification: An interval estimation approach. Multivariate Behavioural Research, 25, 173-180.

Subijanto. (2012). Analisis Kebijakan Pendidikan Kewirausahaan di Sekolah Menengah Kejuruan. Jurnal Pendidikan dan Kebudayaan, 18(2), 163-173.

Tucker, L.R & Lewis, C. (1973). A reliability coefficient for maximum likelihood factor analysis. Psychometrika, 38, 1–10.

Vyakarnam, S. (2009). Driving forces of entrepreneurship education. In C. Volkmann, K.E. Wilson, S. Mariotti, D. Rabuzzi, S. Vyarkarman & A. Sepulveda (Eds.), Educating the next wave of entrepreneurs: Unlocking entrepreneurial capabilities to meet the global challenges ofthe 21st century (pp. 18-23). Switzerland: Work economic forum. Retrieved online December 19, 2016 at http://www.gvpartners.com/web/pdf/WEF_EE_Full_Report.pdf




DOI: https://doi.org/10.32535/ijabim.v3i1.73

Refbacks

  • There are currently no refbacks.


Flag Counter

Published by : Association of International Business & Professional Management
Editorial Office:
Association of International Business and Professional Management (AIBPM) JL. Kahuripan No. 9 Hotel Sahid Montana, Malang, Indonesia
Phone:
+62 341 366222
Email:
infoaibpm@gmail.com
Website:
http://aibpm.org/

ISSN 2614-7432 (Print)
ISSN 2621-2862 (Online)

International Journal of Applied Business and International Management INDEXED:

INDEX ON PROCESS: