Cultivating Entrepreneurial Minds: Unleashing Potential in Pakistan’s Emerging Entrepreneurs Using Structural Equational Modeling

Ahmad Bilal, Shahzad Ali, Muhammad Haseeb Shakil (), Muhammad Mukarram and Sayyed Zaman Haider
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Ahmad Bilal: The Superior University
Shahzad Ali: The Superior University
Muhammad Haseeb Shakil: COMSATS University Islamabad, Lahore Campus
Muhammad Mukarram: The Superior University
Sayyed Zaman Haider: Mercer University

Journal of the Knowledge Economy, 2024, vol. 15, issue 4, No 151, 19656-19677

Abstract: Abstract This research aims to analyze the impact of institutional elements, including students’ exposure to entrepreneurship education, faculty support for students’ development of entrepreneurial skills, and the prevalence of an entrepreneurial mindset, on undergraduate students’ propensity to engage in entrepreneurial behavior. Additionally, the study considers the entrepreneurial mindset as a moderator and institutional backing as a facilitator. The research focused on a selection of private, middle-ranking universities in Lahore, Pakistan. A web-based survey was conducted, and 384 participants were chosen for the partial least squares structural equation modeling (PLS-SEM) analysis. All hypotheses regarding both direct and indirect connections were confirmed by the data. Furthermore, except for one, hypotheses regarding the moderating relationship of institutional support showed significant moderation. This study provides new insights into how universities can enhance entrepreneurial culture through a comprehensive teaching and mentoring program that considers institutional support. It serves as a guide for private, middle-class institutions aiming to cultivate an entrepreneurial spirit among their business students. The researcher’s contribution to the existing literature includes a focus on the entrepreneurial mindset in the context of private higher education institutions in Lahore, Pakistan. The study employs entrepreneurial institutional factors, entrepreneurial attitude as a mediating variable, and institutional support as a moderating variable to foster a growth mindset among students, distinguishing it from previous research.

Keywords: Entrepreneurial education; Entrepreneurial skills; Entrepreneurial culture; Entrepreneurial mindset; Entrepreneurial attitude; Institutional support; Societal impact (search for similar items in EconPapers)
Date: 2024
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DOI: 10.1007/s13132-024-01898-w

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