EXPLORING THE FACTORS DETERMINING THE SUCCESS OF ENTREPRENEURSHIP EDUCATION PROGRAM: CASE OF INDONESIA

Abstract

Unemployment is known to be a highlighted problem in Indonesia due to the high percentage of the unemployed population. In overcoming this situation, instant solutions are carried out by several universities within the country, utilizing the media to produce superior and competitive human resources thus leading to more employment opportunities. Based on this condition, one notable breakthrough in overcoming the issue of unemployment is the improvement of entrepreneurship education programs. Therefore, this study aims to identify the factors for determining the success of entrepreneurship education programs, in respect to higher education in Indonesia. A quantitative study method with a correlational approach were used. The subjects were selected randomly from all Indonesian universities using the cluster sampling technique. As many as 207 respondents were selected from ten categories representing Eastern, Central, and Western Indonesia. Furthermore, exploratory factor analysis was used to identify the dominant variable in the process of determining the success of entrepreneurship programs for higher education. The results showed that five principal factors affected the success of these programs, namely: (1) Institutional Commitment, (2) Entrepreneurial Climate, (3) Main Activities, (4) Supporting Activities, (5) Infrastructures and Facilities. By improving the entrepreneurship education program, the higher institution is expected to instill a value system that encourages entrepreneurial culture among students. This value system is based on addressing the problems of unemployment, as well as to encourage them to become entrepreneurial professionals.