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FACTORS THAT INFLUENCE THE B.S.

ENTREPRENEURSHIP STUDENTS OF
THE UNIVERSITY OF EASTERN
PHILIPPINES TO BECOME
ENTREPRENEURS
Objectives of the Study

.
1 find the demographic profile of respondents in terms of:
1. 1 Sex
1.2 Age
1.3 working experience

2. determine what are the Factors of Entrepreneurship that


influence the students of B.S. Entrepreneurship of University
of Eastern Philippines to Become Entrepreneurs.
3. see if there’s a significant relationship between the
demographic profile and the students of the Bachelor of
Science in Entrepreneurship of the University of Eastern
Philippines.

4. determine if there is a significant relationship between the


factors that influences the students to become entrepreneurs and
the students of B.S. Entrepreneurship students.
Theoretical Frame Work

Psychological Theory - psychological trait theories of


entrepreneurship which contends/states that certain attitudinal
and psychological attributes differentiate entrepreneurs from
non-entrepreneurs, and successful entrepreneurs from
unsuccessful ones.

1. Need for achievement (n-ach)or McClelland’s Theory


of Achievement Motivation
- the theory of Achievement Motivation by David
McClelland states that people have three motives for
accomplishing things; the need for achievement, need for
affiliation and need for power.
2. Risk Taking Propensity - the risk of entering the field of
business without knowing what will be the possible outcome of
their actions.

3. Risk Bearing Theory- by F.B. Hawley states that profit is a


reward of risk bearing.

Sociological Theory- suggest that entrepreneurial behaviour is


a function of the individual’s interaction with the society.

1. Social Marginality Model - individuals who perceive a


strong level of incongruence between their personal attributes
and the role they hold in society will be motivated to change or
reconstruct their social reality.
Independent variable Dependent variable
Paradigm
PROFILE:
1.1 Sex
1.2 Age
1.3 Working experience The students of B.S.
2. Influential Factors of Entrepreneurship of
Entrepreneurship
University of Eastern
2.1 Attitude toward
Entrepreneurship Philippines

2.2 Perceived behavioral


control
2.3 Entrepreneurial
intentions
Null Hypothesis

There is no significant relationship between the profile of the


respondents and the factors that influence the students of
B.S. Entrepreneurship of University of Eastern Philippines
to Become Entrepreneurs.
Locale of the Study

This study will be conducted in University of Eastern Philippines, particularly


in the College of Business Administration (CBA). The college is presently
offering business related courses such as BS Accountancy, BS Business
Administration major in Management, BS Business Administration major in
Marketing, BS Business Economics, BS in Cooperatives, BS
Entrepreneurship, and BS Hotel and Restaurant Management degrees. The
researchers choose the College of Business Administration as the locale of
the study. It is for the reason that, CBA is the only institution in Northern
Samar that offers Bachelor of Science in Entrepreneurship, from where the
respondents of this research came from. Another reason is that it will be
easier for them to gather data, since that the researchers are also part of the
aforementioned college.
Research Design

This study will use the descriptive correlational


method as the research design for it aims to determine the
relationship between the profile of the respondents and the
factors that influence the Bachelor of Science in
Entrepreneurship to become entrepreneurs. It is descriptive
because it describes the relationship of the independent and
dependent variables .It is correlational because it will try to
find out the relationships that exist between the students
profile and factors that influence the Bachelor of Science in
Entrepreneurship to become entrepreneurs.
Research Variables

This study has two variables, the independent and the


dependent variables. Independent variables consist of the
profile of the respondents and the factors which influence the
students to become entrepreneurs. These are the independent
variables because they are the cause, influence, or which
affects the outcomes. Dependent variables are the students
taking up B.S entrepreneurship. They are the dependent
variables because they depend on the independent variables.
They are the outcomes or results of the influence of the
independent variable.
Respondents of the Study

The respondents of this study are the B.S entrepreneurship


students of college of business administration. The total
population of Entrepreneurship students is 84. Using the
sloven formula wherein N is the total number of population
over 1 plus the total number of population N multiply by
the margin of error with a value of 5% raised to 2, the total
sample that the researchers got is sixty-nine (69) students for
the school year 2017-2018.
Population and Sampling

The population of the study came from the College of


Business Administration, particularly the students of B.S.
Entrepreneurship.
This research will employ the fishbowl lottery method of
samplings getting the respondents/samples. It is a method of
creating a simple random sample which is exactly what it
sounds like. Here, the researchers randomly picks numbers,
with each number corresponding to a subject or item; in order
to create the sample, the researcher ensure that the number are
well mixed before selecting the sample. A total of 69 students
among 84 students from B.S. entrepreneurship during 2017-
2018 will be included in the study.
Statistical Treatment

The statistical tests to be employed in this study are the


frequency counts, weighted mean, and multiple regression
analysis. This determines the test of relationship between the
respondents profile and the factors of entrepreneurship. The
mean would be used to determine the number of the students
who answered the questionnaire. The percentage is used to
determine the percent of the frequency. In order to test the
relationship between the variables multiple regression analysis
will be used.
Table 1.1
Respondent’s profile

AGE Frequency Percent


17.00 6 8.7%
18.00 18 26.1%
19.00 27 39.1%
20.00 9 13.0%
21.00 4 5.8%
22.00 3 4.3%
25.00 1 1.4%
27.00 1 1.4%
Total 69 100.0%
Table 1.2
Respondent’s Sex

SEX Frequency Percentage


Male 16 23.2%
female 53 76.8%
Total 69 100.0%
Table 1.3
Work Experience

WORK EXPERIENCE Frequency Percent

more experienced 8 11.6

experienced 3 4.3

without experience 58 84.1

Total 69 100 %
Table 2.1
Factors of Entrepreneurship Attitude Towards
Entrepreneurship
Statement Mean Rank Interpretation

Attitude toward
Entrepreneurship
1. Being an entrepreneur 4.50 2 Strongly agree
implies more advantages than
disadvantages to me.
2. A career as entrepreneur is 4.53 1 Strongly agree
attractive for me.

3 If I had the opportunity 4.49 3 Strongly agree


and resources, I’d like to start
a firm.
4. Being an entrepreneur 4.97 4 Strongly agree
would entail great
satisfactions for me.
5. Among various options, I 4.08 5 Agree
would rather be an
entrepreneur.
Table 2.2
Perceived Behavioural Control
Perceived behavioural Mean Rank Interpretation
control
1. To start a firm and
keep it working 3.78 6 Agree
would be easy for me
2. I am prepared to
start a viable firm 4.14 2 Agree
3. I can control the
creation process of 3.94 5 Agree
4. I know the
necessary practical 4.15 1 Agree
details to start a firm.
5. I know how to
develop an 4.02 3.5 Agree
entrepreneurial
project
6. If I tried to start a
firm, I would have a 4.02 3.5 Agree
high probability of
succeeding.
Table 2.3
Entrepreneurial Intention
Entrepreneurial MEAN RANK INTERPRETATION
intentions
1. I am ready to do
anything to be an 4.72 1 Strongly agree
entrepreneur
2. My professional
goal is to become an 4.50 5 Strongly agree
entrepreneur
3. I will make every
effort to start and 4.71 2 Strongly agree
run my own firm.
4. I am determined
to create a firm in 4.60 4 Strongly agree
the future.
5. I have the firm
intention to start a 4.62 3 Strongly agree
firm someday.
Table 3
Model Summary for Student’s Profile and the students of B.S.
Entrepreneurship Students

R R Square Adjusted R Std. Error of


Square the Estimate
.139a .019 -.026 .40959

Table 4
The Analysis Of Variance Test On The Test Of Relationship to the
Profile of the Respondents and the Factors Of Entrepreneurship
Sum of Df Mean Square F Sig.
Squares
Regression .215 3 .072 .427 .734b
Residual 10.905 65 .168
Total 11.120 68
Table 5
Beta Coefficients on the test of relationship of the B.S
Entrepreneurship students and the factors that influence them to
become an entrepreneur.
B Sig. interpretation

AGE .001 .983 Not significant

SEX -.084 .477 Not significant

WORK -.043 .376 Not significant


EXPERIENCE
Table 6
Model Summary for Student’s Profile and the students of B.S. Entrepreneurship
Students

Model R R Square Adjusted R Std. Error


Square ofthe
Estimate
1 .154a .024 -.022 .52174

Table 7
The Analysis Of Variance Test On The Test Of Relationship to the Profile of the
Respondents and the Factors Of Entrepreneurship

Model Sum of df Mean F


Squares Square
Regression .427 3 .142 .523
Residual 17.694 65 .272
Total 18.121 68
Table 7
The Analysis Of Variance Test On The Test Of Relationship to the Profile of
the Respondents and the Factors Of Entrepreneurship
Model Sum of df Mean F
Squares Square
Regression .427 3 .142 .523

Residual 17.694 65 .272


Total 18.121 68

Table 8
Beta Coefficients on the test of relationship of the B.S Entrepreneurship
students and the factors that influence them to become an entrepreneur.
B Sig. INTERPRETATI
ON
AGE .042 .269 Not significant
SEX .077 .610 Not significant
WORK -.025 .692 Not significant
EXPERIENCE
Table 9
Model Summary for Student’s Profile and the students of B.S.
Entrepreneurship Students
R R Square Adjusted R Std. Error
Square of the
Estimate
.194a .037 -.007 .44913

Table 10
The Analysis Of Variance Test on the Test of Relationship to the Profile
of the Respondents and the Factors of Entrepreneurship
Sum of df Mean F Sig. Interpretation
Squares Square

Regression .511 3 .170 .844 .475b Not Significant


Not Significant
Residual 13.111 65 .202

Total 13.622 68 Not Significant


Table 11
Beta Coefficients on the test of relationship of the B.S Entrepreneurship
students and the factors that influence them to become an entrepreneur.

L B Sig. Interpretation
AGE -.049 .142 Not Significant

SEX -.045 .730 Not Significant

WORK -.032 .556 Not Significant


EXPERIENC
E
Summary of Findings

Most of the respondents were female in which they


outnumbered the male students; majority of them belonged to the
age of 19. It was also observed that most or majority of them does
not have any work experience.
According to the result of the data gathered by the
researchers it was clear that there was no significant relationship
between the profile of the respondents and the factors that
influence them to become entrepreneurs. It was because the
significance of the study is 0.734 was greater than 0.05 margin of
error so the null hypothesis was accepted. It can be implied that the
age, sex, and work experience was not affected by the factors that
influence students to become entrepreneurs.
It was because there are some young and old students who
are looking forward of becoming entrepreneurs. Majority of
them are into business that’s why the factors do not affect
their age. Not all the time, male and female have different
perception in choosing their careers in the future. Some ale
and female have the same perception on choosing
entrepreneurship as their career in the mere future. It has
been found that the factors of entrepreneurship were not
affected by age, gender, and work experience of the
respondents.
Conclusion and Implication
1. Younger member of the Entrepreneurship department have more
entrepreneurial intention than those of the older member and female
members have higher interest in becoming entrepreneurs. This implies that
the younger students have higher entrepreneurial intention than older
students and it also implies that females have higher entrepreneurial
intentions than males.

2. Factor 1 (attitude towards entrepreneurship) a career as entrepreneur is


attractive for them. Factor 2 (Perceived behavioural control) they know the
necessary practical details to start a firm. Factor 3 (entrepreneurial
intention) they are ready to do anything to be an entrepreneur. These are
the factors that influence to the B.S Entrepreneurship students to become
entrepreneurs. This implies that they are ready to become entrepreneurs.
This also implies that entrepreneurship attracts them to become
entrepreneurs and that they were already knowledgeable of the necessary
details in starting up their own firms.
3. There is no significant relationship between the demographic
profile to the respondents. This implies that age, sex, work
experience are does not affect their intention to become
entrepreneurs.

4. There is no significant relationship between the demographic


profile of the students and the factors of entrepreneurship.
This implies that the factors of entrepreneurship do not affect
the intention of the respondents to become entrepreneurs.
Recommendation

1. A majority of the respondents are female, therefore


recommended that males should be motivate more so that we
can make sure that the foundation of the firm will be stronger.
Because as we all know males are stronger than females and
they are not easily knock down by so much problems. Mostly
of the respondents belonged to the age of 19, therefore it is
recommended that the older members should be motivated
because they are more matured than the younger once. Almost
all of the respondents does not have any working experience,
therefore it is recommended that they should be involved in
activities which will give them experience and strong
foundation so that they will be able to know the reality in the
world of business.
2. Based on the findings of the most encountered factors are
(attitude towards entrepreneurship) a career as entrepreneur is
attractive for them. Factor 2 (Perceived behavioural control) they
know the necessary practical details to start a firm. Factor 3
(entrepreneurial intention) they are ready to do anything to be an
entrepreneur, it is recommended that the teachers should have
effective methods of teaching that will surely inspire and motivate
the students’ aim of becoming an entrepreneur will not fade. They
must also give students the right knowledge about the different
strategies, process and procedures involved in entrepreneurship so
that they can assure that these students who aims to become
entrepreneurs will be prepared enough to start their own firms
and make this firm a successful business.
3. Based on the finding that the socio-demographic profile of the
respondents does not affect their intention to become
entrepreneurs, it is recommended that the parents and teachers
should inspire and motivate their children and students so that they
will have entrepreneurial heart flame which will make
entrepreneurship their passion.

4. Based on the findings that the socio-demographic profile of the


respondents does not affect the factors of entrepreneurship,
therefore it is recommended that the teachers must focus on the
factors which will influence the students to become a successful
entrepreneur rather than focusing on the profile of the students in
judging if they will be able to become successful entrepreneurs in
the mere future.
Thank you!

Researchers :
Iloso, Jubert A
Tenedero, Mary Ann Y.