The Role of Psychosocial Factors on Entrepreneur motivation: A Study on Disadvantaged University Graduates students in China

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Abstract

Entrepreneurial motivations are a crucial aspect of an individual's life, especially for college graduates facing financial challenges. This study examines the influence of coping style, self-efficacy, and social support on entrepreneurial motivation among disadvantaged students in China. A total of 634 participants in this study. Structural Equation Modelling (SEM) was used to investigate research questions and hypotheses. Coping styles has not a positive effect on students’ social support, meanwhile self-efficacy has a crucial role in influencing social support. Furthermore, coping style has a positive effect on disadvantaged students’ entrepreneurial motivation directly and toward social support. Contrarily, self-efficacy does not have a pivotal role in students’ entrepreneurial motivation. It means that disadvantaged students’ personal needs and social support are a fundamental effect of entrepreneurial motivation. Education stakeholders and government can also make the most of entrepreneurial motivation among disadvantaged students towards developing feedback-friendly channels, such as courses and programs to enhance students’ psychological well-being. The education leaders should not only concentrate on increasing students’ academic performance but also on giving disadvantaged students a community and integrating them into a larger business community development. These findings highlight the importance of intervention through career guidance programs and social network enhancement among low-income students to prepare them more for the workforce.

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