The mediating role of entrepreneurial self-efficacy in the relationship between entrepreneurial mindset and intention among Mongolian University students
The economic growth and development of a country are commonly believed to depend on the presence of entrepreneurs and the pace of business activities within its borders. As a result, researchers have increasingly focused on understanding and promoting entrepreneurship in recent years. Recognizing the critical role of entrepreneurship in a
nation’s progress, universities and colleges have integrated entrepreneurship education into their curricula. This initiative aims to equip graduates with an entrepreneurial mindset and encourage a proactive approach to business activities. Additionally, there has been a significant focus on supporting student entrepreneurship, highlighting the importance of developing entrepreneurial skills as a key concern in higher education. This study aims to explore the mediating effect of entrepreneurial self-efficacy on the relationship between entrepreneurial mindset and entrepreneurial intention among Mongolian university students. The sample consisted of 217 business administration students from two universities in Mongolia. The research used factor appropriateness and reliability analysis, correlation analysis, and covariance-based structural equation modeling (CB-SEM) to examine the proposed hypotheses. The study found that an entrepreneurial mindset has a positive, moderate effect on entrepreneurial self-efficacy and entrepreneurial intention. Furthermore, the study emphasizes that entrepreneurial self-efficacy plays a significant role in enhancing entrepreneurial intentions, showing a promotional impact. Importantly, the study found that entrepreneurial self-efficacy fully mediates the relationship between entrepreneurial mindset and intention.
